McCormick & Company Inc
General ticker "MKC" information:
- Sector: Consumer Staples
- Industry: Food Products
- Capitalization: $21.2B
McCormick & Company Inc follows the US Stock Market performance with the rate: 36.7%.
Estimated limits based on current volatility of 1.0%: low 77.86$, high 79.36$
Factors to consider:
- Company included in S&P500 list
- Company pays dividends: last record date 2024-10-07, amount 0.42$ (Y2.15%)
- Price in estimated range
- Earnings for 9 months up through Q3 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-11-30 to 2025-11-29
- 2023-11-30 to 2024-11-29 estimated range: [56.87$, 83.99$]
- 2024-11-29 to 2025-11-29 estimated range: [59.68$, 87.73$]
Financial Metrics affecting the MKC estimates:
- Positive: Non-GAAP EPS, $ of 2.69 > 2.29
- Positive: 9.05 < Operating profit margin, % of 14.45
- Positive: 2.86 < Return on assets ratio (scaled to [-100,100]) of 5.03
- Negative: 0 < Industry inventory ratio change (median), % of 0.40
- Positive: -3.48 < Investing cash flow per share, $ of -0.97
- Positive: 3.85 < Industry operating cash flow per share per price (median), % of 4.02
- Positive: 2.35 < Operating cash flow per share per price, % of 7.08
Short-term MKC quotes
Long-term MKC plot with estimates
Financial data
| YTD | 2021-11-30 | 2022-11-30 | 2023-11-30 |
|---|---|---|---|
| Operating Revenue | $6,317.90MM | $6,350.50MM | $6,662.20MM |
| Operating Expenses | $5,302.80MM | $5,486.90MM | $5,699.20MM |
| Operating Income | $1,015.10MM | $863.60MM | $963.00MM |
| Non-Operating Income | $-119.30MM | $-50.80MM | $-164.30MM |
| Interest Expense | $136.60MM | $149.10MM | $208.20MM |
| R&D Expense | $87.30MM | $87.50MM | $94.90MM |
| Income(Loss) | $895.80MM | $812.80MM | $798.70MM |
| Taxes | $192.70MM | $168.60MM | $174.50MM |
| Other Income(Loss) | $52.20MM | $37.80MM | $56.40MM |
| Profit(Loss) | $755.30MM | $682.00MM | $680.60MM |
| Stockholders Equity | $4,411.00MM | $4,680.50MM | $5,060.70MM |
| Inventory | $1,182.30MM | $1,340.10MM | $1,126.50MM |
| Assets | $12,905.80MM | $13,124.90MM | $12,862.30MM |
| Operating Cash Flow | $828.30MM | $651.50MM | $1,237.30MM |
| Capital expenditure | $278.00MM | $262.00MM | $263.90MM |
| Investing Cash Flow | $-908.60MM | $-146.40MM | $-260.50MM |
| Financing Cash Flow | $22.00MM | $-487.20MM | $-1,184.20MM |
| Earnings Per Share* | $2.83 | $2.54 | $2.54 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.