Tomorrow Is Not Likely To Be Same For McCormick & Co., Inc (MKC)

McCormick & Co., Inc (MKC) concluded trading on Thursday at a closing price of $71.31, with 4.5 million shares of worth about $320.81 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -4.44% during that period and on May 22, 2025 the price saw a loss of about -1.70%. Currently the company’s common shares owned by public are about 252.68M shares, out of which, 252.16M shares are available for trading.

Stock saw a price change of -4.59% in past 5 days and over the past one month there was a price change of -6.91%. Year-to-date (YTD), MKC shares are showing a performance of -6.47% which decreased to -3.99% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $66.88 but also hit the highest price of $86.24 during that period. The average intraday trading volume for McCormick & Co., Inc shares is 2.45 million. The stock is currently trading -4.78% below its 20-day simple moving average (SMA20), while that difference is down -7.37% for SMA50 and it goes to -9.02% lower than SMA200.

McCormick & Co., Inc (NYSE: MKC) currently have 252.68M outstanding shares and institutions hold larger chunk of about 83.53% of that.

The stock has a current market capitalization of $19.12B and its 3Y-monthly beta is at 0.69. PE ratio of stock for trailing 12 months is 24.48, while it has posted earnings per share of $2.91 in the same period. Its PEG reads 3.51 and has Quick Ratio of 0.25 while making debt-to-equity ratio of 0.79. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for MKC, volatility over the week remained 0.85% while standing at 1.34% over the month.

Stock’s fiscal year EPS is expected to rise by 3.27% while it is estimated to increase by 8.94% in next year. EPS is likely to grow at an annualized rate of 6.97% for next 5-years, compared to annual growth of 2.22% made by the stock over the past 5-years.

Coverage by TD Cowen stated McCormick & Co., Inc (MKC) stock as a Buy in their note to investors on January 08, 2025, suggesting a price target of $90 for the stock. On December 09, 2024, Jefferies Upgrade their recommendations, while on June 12, 2024, Citigroup Upgrade their ratings for the stock with a price target of $69. Stock get a Buy rating from Argus on April 02, 2024.

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