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See what the IHS Markit Score report has to say about McCormick & Company Inc.

IHS Markit

McCormick & Company Inc

NYSE:MKC

Score: Negative (10)

10 days at current score.

Downgraded from Neutral on June 26th 2018

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Summary


  • This company ranked negatively compared to the Consumer Goods sector with 2 negative IHS Markit Categories
  • ETFs holding this stock are seeing positive inflows but are weakening
  • Bearish sentiment is moderate and increasing


Bearish sentiment

Short interest | Negative

Short interest is moderately high for MKC with between 10 and 15% of shares outstanding currently on loan. This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on July 3.

Money flow

ETF/Index ownership | Negative

ETF activity is negative and may be weakening. The net inflows of $846 million over the last one-month into ETFs that hold MKC are among the lowest of the last year and appear to be slowing.

Economic sentiment

PMI by IHS Markit | Neutral

According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is weak relative to the trend shown over the past year, however.

Credit worthiness

Credit default swap

CDS data is not available for this security.

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