McCormick & Company (MKC)
(Delayed Data from NYSE)
$68.12 USD
-0.05 (-0.07%)
Updated Mar 18, 2024 04:00 PM ET
After-Market: $68.13 +0.01 (0.01%) 7:58 PM ET
3-Hold of 5 3
C Value B Growth C Momentum B VGM
Company Summary
Founded in 1889 and based in Sparks, MD, McCormick & Company, Inc. is a leading manufacturer, marketer and distributor of spices, seasonings, specialty foods and flavors to the entire food industry across the entire globe.
The company’s key sales, distribution and production facilities are located in North America and Europe. In North America, multiple facilities are found throughout the United States and Canada. Europe features operations in countries such as the U.K., France, Poland and Turkey. The Asia-Pacific region includes facilities in China, India, Thailand and Australia. The company also has operations ...
Company Summary
Founded in 1889 and based in Sparks, MD, McCormick & Company, Inc. is a leading manufacturer, marketer and distributor of spices, seasonings, specialty foods and flavors to the entire food industry across the entire globe.
The company’s key sales, distribution and production facilities are located in North America and Europe. In North America, multiple facilities are found throughout the United States and Canada. Europe features operations in countries such as the U.K., France, Poland and Turkey. The Asia-Pacific region includes facilities in China, India, Thailand and Australia. The company also has operations in Latin America, notably in Mexico, and a presence is maintained in regions like South Africa and the Middle East. These facilities are crucial for production, packaging and distribution networks.
McCormick conducts its business through two segments namely Consumer unit and Flavor Solutions unit.
The Consumer Business segment provides spices, herbs, extracts, seasoning blends, sauces, marinades, and specialty foods to the consumer food market. This segment primarily caters to retail outlets like grocery, mass merchandise, warehouse clubs and discount and drug stores among others.
The division markets its products under brand names like McCormick, Lawry’s, Zatarain’s, Thai Kitchen, Simply Asia and Club House in the U.S.; and Ducros, Vahine, Schwartz and Kamis in Europe; and the Middle East and Africa (EMEA). In Asia-Pacific, the primary brand is McCormick, while in India the company has a joint venture with Kohinoor.
The Flavor Solutions segment sells seasoning blends, natural spices and herbs, wet flavors, coating systems, and compound flavors to food manufacturers and food service customers. The products are sold through distributors worldwide.
General Information
McCormick & Company, Incorporated
24 Schilling Road Suite 1
Hunt Valley, MD 21031
Phone: 410-771-7301
Fax: 410-771-7462
Web: http://www.mccormickcorporation.com
Email: faten_freiha@mccormick.com
Industry | Food - Miscellaneous |
Sector | Consumer Staples |
Fiscal Year End | November |
Last Reported Quarter | 2/29/2024 |
Earnings Date | 3/26/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 0.58 |
Current Year EPS Consensus Estimate | 2.82 |
Estimated Long-Term EPS Growth Rate | 6.50 |
Earnings Date | 3/26/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 68.17 |
52 Week High | 94.39 |
52 Week Low | 59.13 |
Beta | 0.73 |
20 Day Moving Average | 1,772,830.75 |
Target Price Consensus | 70.91 |
4 Week | 3.05 |
12 Week | 0.44 |
YTD | -0.37 |
4 Week | 0.81 |
12 Week | -6.67 |
YTD | -7.13 |
Shares Outstanding (millions) | 268.24 |
Market Capitalization (millions) | 18,285.73 |
Short Ratio | NA |
Last Split Date | 12/1/2020 |
Dividend Yield | 2.46% |
Annual Dividend | $1.68 |
Payout Ratio | 0.58 |
Change in Payout Ratio | 0.08 |
Last Dividend Payout / Amount | 12/28/2023 / $0.42 |
Fundamental Ratios
P/E (F1) | 24.15 |
Trailing 12 Months | 25.34 |
PEG Ratio | 3.69 |
vs. Previous Year | 16.44% |
vs. Previous Quarter | 30.77% |
vs. Previous Year | 3.37% |
vs. Previous Quarter | 4.04% |
Price/Book | 3.60 |
Price/Cash Flow | 19.73 |
Price / Sales | 2.74 |
2/29/24 | NA |
11/30/23 | 14.55 |
8/31/23 | 14.15 |
2/29/24 | NA |
11/30/23 | 5.60 |
8/31/23 | 5.32 |
2/29/24 | NA |
11/30/23 | 0.65 |
8/31/23 | 0.67 |
2/29/24 | NA |
11/30/23 | 0.28 |
8/31/23 | 0.28 |
2/29/24 | NA |
11/30/23 | 10.92 |
8/31/23 | 10.51 |
2/29/24 | NA |
11/30/23 | 10.22 |
8/31/23 | 9.80 |
2/29/24 | NA |
11/30/23 | 11.99 |
8/31/23 | 11.65 |
2/29/24 | NA |
11/30/23 | 18.95 |
8/31/23 | 18.90 |
2/29/24 | NA |
11/30/23 | 3.35 |
8/31/23 | 3.22 |
2/29/24 | NA |
11/30/23 | 0.66 |
8/31/23 | 0.67 |
2/29/24 | NA |
11/30/23 | 39.65 |
8/31/23 | 40.04 |