On Friday, McCormick & Co., Inc (NYSE: MKC) was -0.50% drop from the session before settling in for the closing price of $80.73. A 52-week range for MKC has been $66.88 – $86.24.
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Annual sales at Consumer Defensive sector company grew by 4.78% over the past five years. When this article was written, the company’s average yearly earnings per share was at 3.99%. With a float of $252.00 million, this company’s outstanding shares have now reached $252.30 million.
Let’s look at the performance matrix of the company that is accounted for 14100 employees. In terms of profitability, gross margin is 38.51%, operating margin of 15.84%, and the pretax margin is 13.36%.
McCormick & Co., Inc (MKC) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward McCormick & Co., Inc stocks. The insider ownership of McCormick & Co., Inc is 6.02%, while institutional ownership is 82.22%. The most recent insider transaction that took place on Feb 13 ’25, was worth 2,163,927. In this transaction Director of this company sold 28,092 shares at a rate of $77.03, taking the stock ownership to the 6,177 shares. Before that another transaction happened on Feb 03 ’25, when Company’s Director sold 50,000 for $76.81, making the entire transaction worth $3,840,320. This insider now owns 276,895 shares in total.
McCormick & Co., Inc (MKC) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 3.99% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.95% during the next five years compared to 2.22% growth over the previous five years of trading.
McCormick & Co., Inc (NYSE: MKC) Trading Performance Indicators
You can see what McCormick & Co., Inc (MKC) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.31. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.20. Likewise, its price to free cash flow for the trailing twelve months is 33.28.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.92, a number that is poised to hit 0.64 in the next quarter and is forecasted to reach 3.33 in one year’s time.
Technical Analysis of McCormick & Co., Inc (MKC)
McCormick & Co., Inc (NYSE: MKC) saw its 5-day average volume 2.87 million, a positive change from its year-to-date volume of 2.14 million. As of the previous 9 days, the stock’s Stochastic %D was 9.23%. Additionally, its Average True Range was 2.03.
During the past 100 days, McCormick & Co., Inc’s (MKC) raw stochastic average was set at 63.50%, which indicates a significant increase from 13.09% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.69% in the past 14 days, which was higher than the 22.15% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $77.72, while its 200-day Moving Average is $77.11. Nevertheless, the first resistance level for the watch stands at $80.76 in the near term. At $81.19, the stock is likely to face the second major resistance level. The third major resistance level sits at $81.72. If the price goes on to break the first support level at $79.80, it is likely to go to the next support level at $79.27. Assuming the price breaks the second support level, the third support level stands at $78.84.
McCormick & Co., Inc (NYSE: MKC) Key Stats
There are 268,154K outstanding shares of the company, which has a market capitalization of 21.53 billion. As of now, sales total 6,724 M while income totals 788,500 K. Its latest quarter income was 1,798 M while its last quarter net income were 215,200 K.
