MKC Stock Performance, Insider Transaction and News

MKC - McCormick & Company, Incorporat

Market Cap	23.65B	P/E	34.09	EPS this Y	6.70%	Ern Qtrly Grth	31.20%
Income	792.6M	Forward P/E	30.13	EPS next Y	7.30%	50D Avg Chg	-
Sales	6.68B	PEG	3.74	EPS past 5Y	-0.92%	200D Avg Chg	7.00%
Dividend	2.00%	Price/Book	4.80	EPS next 5Y	7.80%	52W High Chg	-6.00%
Recommedations	2.70	Quick Ratio	0.27	Shares Outstanding	252.02M	52W Low Chg	25.00%
Insider Own	0.02%	ROA	5.17%	Shares Float	267.04M	Beta	0.76
Inst Own	87.78%	ROE	15.07%	Shares Shorted/Prior	5.65M/6.95M	Price	88.29
Gross Margin	38.48%	Profit Margin	11.87%	Avg. Volume	1,522,551	Target Price	83.75
Oper. Margin	17.17%	Earnings Date	Oct 1	Volume	1,098,799	Change	0.27%

Consumer Defensive | Packaged Foods | United States

About McCormick & Company, Incorporat

McCormick & Company, Incorporated manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry. It operates in two segments, Consumer and Flavor Solutions. The Consumer segment offers spices, herbs, and seasonings, as well as condiments and sauces, and desserts. This segment markets its products under the McCormick, French's, Frank's RedHot, Lawry's, Cholula Hot Sauce, Gourmet Garden, Club House, and OLD BAY brands in the Americas; Ducros, Schwartz, Kamis, LA Drogheria, and Vahiné brands in Europe, the Middle East, and Africa; McCormick and DaQiao brands in the Asia/Pacific; McCormick, Aeroplane, and Gourmet Garden brands in China; and the McCormick brand and other brands in Australia, as well as markets regional and ethnic brands, such as Zatarain's, Stubb's, Thai Kitchen, and Simply Asia. It also supplies its products under the private labels. This segment serves retailers comprising grocery, mass merchandise, warehouse clubs, discount and drug stores, and e-commerce retailers directly and indirectly through distributors and wholesale foodservice suppliers. The Flavor Solutions segment offers seasoning blends, spices and herbs, condiments, coating systems, and compound flavors to multinational food manufacturers and foodservice customers. It serves foodservice customers directly and indirectly through distributors. The company was founded in 1889 and is headquartered in Hunt Valley, Maryland.

McCormick & Company, Incorporat News

11/20/24	Target Misses Q3 Earnings & Sales Estimates, Issues Cautious Q4 View
11/20/24	McCormick Raises Dividend: A Closer Look at MKC's Growth Strategy
11/19/24	McCormick Announces Increase in Quarterly Dividend
11/19/24	3 Consumer Staples Stocks With Upside to Navigate Market Volatility
11/19/24	LANC to Acquire Atlanta-Based Sauce and Dressing Production Plant
11/18/24	Lifeway Foods' Q3 Earnings Lag Estimates, Sales Rise 13% Y/Y
11/15/24	How Should You Play Kimberly-Clark Stock at a P/S Multiple of 2.2X?
11/15/24	Post Holdings Q4 Earnings Top, Perfection Buyout Aids Top Line
11/15/24	How is General Mills Strengthening its Hold on the Pet Food Market?
11/14/24	2 Stocks That Could Create Lasting Generational Wealth
11/13/24	Campbell to Divest Its noosa Yogurt Brand to Focus on Core Business
11/13/24	TreeHouse Foods Q3 Earnings Meet, View Cut on Weak Consumption Trends
11/12/24	Aramark Q4 Earnings In Line With Expectations, Dividend Hiked by 11%
11/12/24	Sprouts Farmers Stock Hits 52-Week High: Buy, Hold or Take Profits?
11/12/24	MKC's Flavorful Growth Journey: Strategic Efforts Fuel Momentum
11/11/24	FLO Q3 Earnings Top, View Narrowed on Volatile Consumer Trends
11/07/24	HSY Down on Q3 Earnings Miss, View Cut Amid Weak Consumer Trends
11/06/24	B&G Foods Cuts View on Q3 Earnings Miss, Soft Consumption Trends
11/05/24	Freshpet's Q3 Earnings Top Estimates, Sales Rise 26% Y/Y
11/04/24	Investing in McCormick (NYSE:MKC) a year ago would have delivered you a 25% gain

MKC Chatroom

swingingtech Posted - 22 hours ago

$MKC $BAC https://wallstreetwaves.com/wall-street-analysts-opinions-on-mccormick-company-stock-a-deep-dive/

NVDAMillionaire Posted - 2 days ago

$MKC McCormick & Company, Incorporated (MKC): A Flavorful Growth Journey Fueled by Strategic Investments https://beyondspx.com/article/mccormick-company-incorporated-nyse-mkc-a-flavorful-investment-opportunity

JackDarwin Posted - 1 week ago

$MKC Bullish Engulfing Formed At Downtrend.

bankofprince Posted - 1 week ago

$MKC long calls target 80

insiderbuyingselling Posted - 1 week ago

$MKC new insider selling: 5000 shares. http://insiderbuyingselling.com/?t=MKC

insiderbuyingselling Posted - 2 weeks ago

$MKC new insider selling: 5000 shares. http://insiderbuyingselling.com/?t=MKC

insiderbuyingselling Posted - 2 weeks ago

$MKC new insider selling: 5000 shares. http://insiderbuyingselling.com/?t=MKC

TechTraderAI Posted - 10/24/24

Sold $MKC (-5.9%). 57% long by 0% short. 14% long Industrials, 11% long Consumer Discretionary, 11% long Utilities, 7% long Finance, 7% long Technology. https://www.techtrader.ai/wall/?date=1729799776&post=13773

Diddydiditagain Posted - 10/24/24

$MKC Stock has been too flat for long term investors, I've moved elsewhere

swingingtech Posted - 10/22/24

$OZK $MKC $UMB $PII $CL https://wallstreetwaves.com/top-5-dividend-growth-stocks-poised-for-analyst-target-upsgrades/

swingingtech Posted - 1 month ago

$NUS $IPAR $FLO $MKC https://wallstreetwaves.com/nu-skin-navigates-growth-with-innovation-amid-industry-challenges/

Sevenele Posted - 1 month ago

$MKC Who will invest in this spice company?

EarningsCallSamurAI Posted - 1 month ago

$MKC Analyst Themes From Last Earnings Call Financial Performance and Guidance: Management expects Q4 EPS to decline by about 15% y/y, although sales should improve sequentially. Gross margin is projected to be flat y/y but higher than in Q3, while SG&A expenses will rise due to IT and digital transformation investments. While there is a positive sequential trend in gross margin, y/y comparisons remain flat due to product mix and supply chain factors. Market Conditions and Competitive Landscape: The environment in China remains challenging, with slight declines expected in 2024. Weak quick-service restaurant (QSR) traffic adds uncertainty, though improvements are noted in the branded foodservice sector. Management focuses on capturing healthy category growth and gaining distribution points to compete effectively against private label and smaller brands. Read the full report: https://blog.earningscallsamurai.com/https-yourwebsite-com-mccormick-co-q3-2024-earnings-report/

cubie Posted - 1 month ago

@judgeyoung2 @Alvi722 @jenbunn @jargv @EBE_Day @Ollip @ribbey @TraderRapp @tonyctl @lukenight $pep what judge said. think it might be like a $mkc and kill options unless stocks

ChessGM Posted - 1 month ago

$MKC 10/10/2024 Earnings Alert $MKC: Bullish (8.1) The recent analysis surrounding various food and beverage companies highlights a mix of challenges and opportunities in the market. $MKC, in particular, has shown strong performance with 3rd QTR earnings that exceeded expectations, driving a positive outlook for the remainder of the fiscal year. The company's ability to navigate inflationary pressures and maintain profitability through strategic pricing and cost-saving measures is noteworthy. Other companies, such as Kraft Heinz and Hershey, are facing headwinds from rising input costs and changing consumer behaviors, which could impact their profitability. Conversely, companies like TreeHouse Foods are making strides in transforming their business models to capture growth in the snacking and beverage sectors. Overall, while some companies are managing to adapt and thrive, others are grappling with significant economic challenges that could influence their future performance.

TheGoatBull Posted - 1 month ago

$MKC guess ports reopening is bearish here

Sevenele Posted - 1 month ago

$MKC When $75?

gelk Posted - 1 month ago

Added $MKC

AndroidPurity Posted - 1 month ago

$MKC 2 days in a row they pump it the last hour before close. A sign it's being propped up artificially at these current levels.

cubie Posted - 1 month ago

@judgeyoung2 @Alvi722 @jenbunn @EBE_Day @Ollip @ribbey @Thraximus_Max @TraderRapp @tonyctl @lukenight did u ollip? ebe did $mkc strangle, why didn't do $cag strangle!$😅🙄😬 fk, cubie leaving early yesterday fk up on lmt, cag, $hum smh fml😬🙄

IN0V8 Posted - 1 month ago

$MKC Barclays raises target price to $85 from $76 BofA Global Research raises PT to $96 from $95 Jefferies raises target price to $86 from $85 Stifel raises target price to $85 from $75 TD Cowen raises target price to $86 from $84 Deutsche Bank raises target price to $81 from $77

Inmyzone Posted - 1 month ago

$MKC good company sold and want to buy it at 70 again Its overvalued imo

DividendsAtValue Posted - 1 month ago

$MKC Today's price decline may be an opportunity for me to add. Like to see it falls bit further first. This is a great company.

Thestocktraderhubzee Posted - 1 month ago

$MKC B of A Securities Maintains Buy on McCormick & Co, Raises Price Target to $96

DividendsAtValue Posted - 1 month ago

@AndroidPurity The same Goldman Saks that shorted collateralized mortgage securities while recommending them to their clients? And you credit that? Clearly, you're not the brightest bulb in the pack. Long $MKC

AndroidPurity Posted - 1 month ago

$MKC 69 price target & sell rating issued by Goldman Sachs just 2 hours ago.

Inmyzone Posted - 1 month ago

$MKC

gelk Posted - 1 month ago

Added $MKC

briefingcom Posted - 1 month ago

$MKC: Investors are beginning to pepper McCormick (+1.2%) with buy orders today after the spices and seasoning mixes supplier exceeded bottom-line estimates in Q3 (Aug) by double-digits for the second straight quarter and increased its FY24 (Nov) outlook slightly. Right out of the gate today, the market's reaction was bland, reflecting mixed feelings toward the divergence between at-home and away-from-home consumption. MKC's two segments, Consumer and Flavor Solutions, are split nearly equally, with just over half of its annual revs stemming from the retail consumer side and the rest from food service. While grocery price inflation is easing, dining-out prices continue to creep higher, spurring more individuals to consider cooking at home. This double-edged sword generates a give-and-take dynamic, keeping a lid on MKC's revenue growth. https://www.briefing.com/story-stocks/archive/2024/10/1/mccormick-continues-to-face-crosscurrents-in-q3-keeping-a-lid-on-revenue-growth-(mkc)?utm_campaign=storystocks&utm_medium=social&utm_source=st&utm_content=link

Sevenele Posted - 1 month ago

$MKC Tomorrow it will go down big time????

Analyst Ratings

B of A Securities	Buy	Sep 17, 24
TD Cowen	Hold	Jun 24, 24
Citigroup	Neutral	Jun 12, 24
Argus Research	Buy	Apr 2, 24
Barclays	Equal-Weight	Mar 28, 24
Stifel	Hold	Mar 27, 24
Citigroup	Sell	Mar 27, 24
Citigroup	Sell	Feb 1, 24
JP Morgan	Underweight	Jan 26, 24

Insider Trades	Relationship	Date	Transactions	Cost($)	#Shares	Value($)	#Share Own	SEC Form 4
PRESTON MARGARET M V	Director Director	Jan 30	Option	35.55	10,000	355,500	102,261	01/31/24
Tapiero Jacques	Director Director	Jan 08	Option	66.8	3	188	26,500	01/25/24
Tapiero Jacques	Director Director	Jan 02	Option	69.54	451	31,373	26,336	01/03/24
Schwartz Jeffery D	Vice President, Gen.. Vice President, Gen Counsel	Oct 25	Sell	64.369	2,000	128,738	55,174	10/27/23
Tapiero Jacques	Director Director	Jul 26	Sell	89.88	5,000	449,400	25,612	07/27/23
Tapiero Jacques	Director Director	Jul 26	Option	35.55	5,000	177,750	30,612	07/27/23
Schwartz Jeffery D	Vice President, Gen.. Vice President, Gen Counsel	Jul 21	Sell	87.48	3,600	314,928	57,174	07/24/23
Schwartz Jeffery D	Vice President, Gen.. Vice President, Gen Counsel	Jul 21	Option	49.03	3,600	176,508	60,774	07/24/23
Kurzius Lawrence Erik	Chairman & CEO Chairman & CEO	May 12	Sell	90.02	39,906	3,592,338	159,579	05/16/23
Kurzius Lawrence Erik	Chairman & CEO Chairman & CEO	May 12	Option	38.15	39,906	1,522,414	199,485	05/16/23
HRABOWSKI FREEMAN A III	Director Director	Jan 09	Option	35.8	10,000	358,000	106,568	03/02/23
Tapiero Jacques	Director Director	Jan 03	Option	83.47	736	61,396	24,341	01/05/23
Foley Brendan M	President & COO President & COO	Oct 17	Sell	75.04	5,352	401,614	702	10/19/22
Tapiero Jacques	Director Director	Jul 05	Option	84.10	625	52,554	23,395	07/07/22
PRESTON MARGARET M V	Director Director	Jun 29	Sell	84.44	10,580	893,375	12,660	07/01/22
Tapiero Jacques	Director Director	Apr 25	Option	97.94	5	460	22,770	05/04/22
LITTLE PATRICIA A	Director Director	Feb 15	Option	35.55	10,000	355,500	31,294	02/16/22
LITTLE PATRICIA A	Director Director	Feb 15	Sell	100.63	10,000	1,006,300	21,294	02/16/22
PRESTON MARGARET M V	Director Director	Feb 09	Option	27.12	10,000	271,200	92,368	02/10/22
Foley Brendan M	President Global Con.. President Global Consumer	Jan 10	Option	38.15	39,970	1,524,856	123,398	02/01/22
Foley Brendan M	President Global Con.. President Global Consumer	Jan 10	Sell	99.76	39,970	3,987,407	83,428	02/01/22
Swift Malcolm	President, Global Fl.. President, Global Flavor Sol	Jan 10	Option	38.15	39,970	1,524,856	125,667	02/01/22
Swift Malcolm	President, Global Fl.. President, Global Flavor Sol	Jan 10	Sell	99.6	39,970	3,981,012	85,697	02/01/22
Manzone Lisa	Sr. VP Global Human.. Sr. VP Global Human Relations	Jan 10	Option	49.03	34,072	1,670,550	81,279	02/01/22
Manzone Lisa	Sr. VP Global Human.. Sr. VP Global Human Relations	Jan 10	Sell	97.11	34,072	3,308,732	47,207	02/01/22
HRABOWSKI FREEMAN A III	Director Director	Jan 10	Option	27.12	10,000	271,200	103,398	02/01/22
Kurzius Lawrence Erik	Chairman, President.. Chairman, President & CEO	Jul 26	Option	35.55	98,400	3,498,120	250,037	02/01/22
Kurzius Lawrence Erik	Chairman, President.. Chairman, President & CEO	Jul 26	Sell	99.04	98,400	9,745,536	160,037	02/01/22
PRESTON MARGARET M V	Director Director	Oct 15	Option	97.4	4,682	456,027	37,939	10/15/20