|Bid||88.52 x 1100|
|Ask||88.99 x 900|
|Day's Range||88.64 - 89.00|
|52 Week Range||75.10 - 105.50|
|Beta (5Y Monthly)||0.47|
|PE Ratio (TTM)||31.22|
|Forward Dividend & Yield||1.36 (1.53%)|
|Ex-Dividend Date||Apr 09, 2021|
|1y Target Est||N/A|
The spice and flavorings giant just reported strong sales results to kick off its new fiscal year. In a recent earnings call, CEO Lawrence Kurzius and his team told Wall Street analysts why McCormick is expecting faster sales growth in 2021. Let's look at a few highlights from that chat, with an eye toward whether McCormick is a good buy for investors today.
McCormick (MKC) is witnessing higher consumer demand, stemming from escalated at-home consumption amid the pandemic. However, it is grappling with COVID-19-induced costs.
In this Fool Live video clip, recorded on March 29, Fool.com contributor Matt Frankel, CFP, and Industry Focus host Jason Moser talk about some of the common reasons why insiders sell stock, and why it isn't necessarily a cause for concern. Jason Moser: Matt, before we wrap the show up, we have a question from a listener on Twitter (NYSE: TWTR) I thought we could tackle here real quickly. @Lee in Raleigh asks, hi Jason, long time Motley Fool subscriber podcast listener.