|Bid||151.23 x 2200|
|Ask||151.45 x 2200|
|Day's Range||151.09 - 153.53|
|52 Week Range||99.70 - 156.72|
|Beta (3Y Monthly)||0.04|
|PE Ratio (TTM)||30.62|
|Forward Dividend & Yield||2.28 (1.52%)|
|1y Target Est||N/A|
The provider of spices and seasonings showed enhanced profitability in its latest earnings report, but the innovations could be priced in.
The two most often cited financial metrics from a company's quarterly results are revenue and earnings per share. This is referred to as year-over-year comparison. Some companies, especially those that have a similar level of business throughout the year, may offer a comparison from the previous quarter.
FIRST PLACE: McCormick & Co. Inc.'s new headquarters in Hunt Valley Developer: Greenfield Partners LLC Architect: Studios Architecture Interior design: IA Interior Architects General contractor: Gilbane Engineering and architectural support: CBRE From the layout to the building's address, McCormick & Co. Inc. planned every detail of its new headquarters with the goals of honoring the company's 130-year heritage and creating the best experience for the 1,000-plus employees who work there. The spice maker opened the doors to its $170 million headquarters in Hunt Valley in October. McCormick's address is 24 Schilling Road, Suite 1 — a homage to the spice giant's "two-for-one" mantra that was inscribed on a stone displayed in its old headquarters.
"When a company with a terrific long-term track record suffers a setback and the stock implodes, the pain can make you want to dump the stock and forget about it," CNBC's Jim Cramer says. "But as we've seen from Apple, Nvidia, and McCormick, these moments of extreme weakness and desperation, they tend to be terrific buying opportunities," the "Mad Money" host says. "We have seen the same pattern from Home Depot.
Why the Uptrend in McCormick Stock Might Be Limited(Continued from Prior Part)Analysts remain on the sidelinesNumerous analysts increased their target price on McCormick (MKC) stock following the company’s stronger-than-expected bottom-line
Why the Uptrend in McCormick Stock Might Be LimitedStock performance McCormick (MKC) stock bounced back in the past two months. The stock has risen ~23% since February 1. McCormick stock has risen 8.6% on a YTD (year-to-date) basis as of April 3.
The company is focusing on product innovation, pivoting to cleaner-label products in order to keep up with changing consumer tastes. Additionally, the company's partnership with BuzzFeed Tasty could increase its reach among younger customers. With the use of artificial intelligence, it may become more efficient and be able to innovate at a faster pace.
Key Takeaways from McCormick’s Q1 2019 Results(Continued from Prior Part)Analysts maintain “hold” ratingsMcCormick (MKC) impressed with its strong bottom line performance in the first quarter of fiscal 2019. However, most analysts continue to
How do you pick the next stock to invest in? One way would be to spend hours of research browsing through thousands of publicly traded companies. However, an easier way is to look at the stocks that smart money investors are collectively bullish on. Hedge funds and other institutional investors usually invest large amounts of […]
Marketing spend, artificial intelligence, and the approach to driving profits higher were among the spicier topics broached with investors.
Key Takeaways from McCormick’s Q1 2019 Results(Continued from Prior Part)Adjusted operating margin expanded McCormick (MKC) impressed with its improved performance on the margin front in the first quarter of fiscal 2019. McCormick’s gross margin
Key Takeaways from McCormick’s Q1 2019 Results(Continued from Prior Part)Flavor Solutions sales benefited from higher volumes and pricing McCormick’s (MKC) Flavor Solutions segment’s sales increased 3.4% YoY (year-over-year) to $0.50 billion,
Key Takeaways from McCormick’s Q1 2019 Results(Continued from Prior Part)Consumer segment’s sales stayed flat McCormick’s (MKC) Consumer segment’s sales remained flat at $0.74 billion in the first quarter of fiscal 2019 as the benefits of
SPARKS, Md. , March 27, 2019 /PRNewswire/ -- The Board of Directors of McCormick & Company, Incorporated (NYSE:MKC) declared a quarterly dividend of $0.57 per share on its common stocks payable April 22, ...
CEO Lawrence Kurzius told shareholders why the company is banking on Generation Z and how it plans to address Brexit.
Key Takeaways from McCormick’s Q1 2019 Results(Continued from Prior Part)Sales missed estimate McCormick (MKC) posted weaker-than-expected sales for the first quarter of fiscal 2019. McCormick’s net sales of $1.23 billion fell slightly short of
Key Takeaways from McCormick’s Q1 2019 Results(Continued from Prior Part)EPS exceeded analysts’ estimate McCormick (MKC) posted stronger-than-expected bottom line results for the first quarter of fiscal 2019. Its adjusted EPS of $1.12 came in
"While I will continue to say that our priority is paying down debt, we are starting to look at some acquisition opportunities," CEO Lawrence Kurzius said.