McCormick & Company, Incorporated (MKC): Price and Financial Metrics


McCormick & Company, Incorporated (MKC)

Today's Latest Price: $91.42 USD

2.22 (-2.37%)

Updated Dec 2 4:00pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 58 in Food Makers

See all "A" rated Strong Buy stocks

MKC Stock Summary

  • Mccormick & Co Inc's market capitalization of $24,985,317,519 is ahead of 91.48% of US-listed equities.
  • MKC's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 540.63 -- higher than 93.55% of US-listed equities with positive expected earnings growth.
  • Of note is the ratio of Mccormick & Co Inc's sales and general administrative expense to its total operating expenses; 86.55% of US stocks have a lower such ratio.
  • If you're looking for stocks that are quantitatively similar to Mccormick & Co Inc, a group of peers worth examining would be ADM, K, SWK, DGX, and HSY.
  • Visit MKC's SEC page to see the company's official filings. To visit the company's web site, go to www.mccormickcorporation.com.

MKC Stock Price Chart Interactive Chart >

Price chart for MKC

MKC Price/Volume Stats

Current price $91.42 52-week high $105.54
Prev. close $93.64 52-week low $56.11
Day low $91.16 Volume 980,857
Day high $94.40 Avg. volume 1,466,318
50-day MA $94.87 Dividend yield 2.65%
200-day MA $88.43 Market Cap 24.39B

McCormick & Company, Incorporated (MKC) Company Bio


McCormick & Company manufactures, markets and distributes spices, seasoning mixes, condiments and other flavorful products to the entire food industry – retail outlets, food manufacturers and foodservice businesses. The company was founded in 1889 and is based in Sparks, Maryland.

MKC Price Forecast Based on DCF Valuation

Current PriceDCF Fair Value Target: Forecasted Gain:
$91.42$115.22 -38%

We started the process of determining a valid price forecast for Mccormick & Co Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Mccormick & Co Inc ranked in the 37th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. As for the metrics that stood out in our discounted cash flow analysis of Mccormick & Co Inc, consider:

  • The company's balance sheet shows it gets 86% of its capital from equity, and 14% of its capital from debt. Notably, its equity weight is greater than 64.79% of US equities in the Consumer Defensive sector yielding a positive free cash flow.
  • MKC's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than 27.23% of tickers in our DCF set.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%-40%
1%-39%
2%-38%
3%-38%
4%-37%
5%-37%

For other companies in the Consumer Defensive that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as MKC, try KMB, AGFS, WMT, CWGL, and CHD.


MKC Latest News Stream


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Latest MKC News From Around the Web

Below are the latest news stories about Mccormick & Co Inc that investors may wish to consider to help them evaluate MKC as an investment opportunity.

McCormick Riding The Home Cooking Wave, But Valuation Looks Unsustainable

It's been a long, long time since the packaged foods category, was really thought of as a growth opportunity, but with COVID-19 leading to major changes in consumer behavior, that's what we have ... at least for the moment. Therein lies one of the key issues for McCormick & Company...

Stephen Simpson, CFA on Seeking Alpha | October 1, 2020

McCormick's Pullback Appears Over: Time to Add Some Spice to the Portfolio

McCormick's Pullback Appears Over: Time to Add Some Spice to the Portfolio…MKC

The Street RealMoney | September 30, 2020

McCormick +2% after strong demand leads to FQ3 earnings topper

McCormick & Company (MKC) reports sales rose 9% in FQ3 on a constant-currency basis with significant consumer segment growth partially offset by a low single digit sales decline in the flavor solutions segment. Adjusted operating income was up 6% during the quarter on a constant-currency basis. Operating income was 19.1%...

Seeking Alpha | September 29, 2020

I Think McCormick's Shares Are Overvalued for What They Offer

The firm's own guidance is not overly optimistic….MKC

The Street RealMoney | September 29, 2020

The home cooking trend is 'becoming a habit,' says CEO of spice maker McCormick

"We've gained market share in most of our categories, and this isn't just a U.S. phenomena. This is happening around the world. It's going to drive growth for a long time to come," McCormick CEO Lawrence Kurzius told CNBC.

CNBC | September 29, 2020

Read More 'MKC' Stories Here

MKC Price Returns

1-mo -1.26%
3-mo -10.09%
6-mo 7.75%
1-year 8.58%
3-year 86.43%
5-year 130.17%
YTD 8.90%
2019 23.65%
2018 39.01%
2017 11.34%
2016 11.05%
2015 17.49%

MKC Dividends

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Continue Researching MKC

Here are a few links from around the web to help you further your research on Mccormick & Co Inc's stock as an investment opportunity:

Mccormick & Co Inc (MKC) Stock Price | Nasdaq
Mccormick & Co Inc (MKC) Stock Quote, History and News - Yahoo Finance
Mccormick & Co Inc (MKC) Stock Price and Basic Information | MarketWatch


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