MKC - McCormick & Company, Incorporated
| Previous Close | 155.60 |
| Open | 154.93 |
| Bid | 155.70 x 800 |
| Ask | 155.79 x 1400 |
| Day's Range | 154.34 - 156.12 |
| 52 Week Range | 99.53 - 157.00 |
| Volume | 102,340 |
| Avg. Volume | 946,320 |
| Market Cap | 20.589B |
| Beta (3Y Monthly) | 0.01 |
| PE Ratio (TTM) | 31.61 |
| EPS (TTM) | 4.93 |
| Earnings Date | Jun 27, 2019 |
| Forward Dividend & Yield | 2.28 (1.48%) |
| Ex-Dividend Date | 2019-04-05 |
| 1y Target Est | 145.89 |
- Reuters•2 days ago
U.S. garlic growers profit from trade war as most farmers struggle
Unlike millions of other U.S. farmers, garlic growers are profiting from the trade war with China and have cheered President Donald Trump's latest economic attack accordingly. Sales of California-grown garlic are now increasing after decades of losing ground to cheaper Chinese imports. Sales are poised to get even better as Chinese garlic faces even higher tariffs, with no end to the trade war in sight.
- American City Business Journals•7 days ago
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- PR Newswire•9 days ago
McCormick Honors 2019 Unsung Heroes, Distributes $105,000 in Total Scholarships
HUNT VALLEY, Md., May 14, 2019 /PRNewswire/ -- McCormick & Company, Incorporated (MKC), a global leader in flavor, announced Birhane Gebreselase and Daijah Coles as the 82nd and 83rd recipients of the Charles Perry McCormick Scholarship, worth $40,000 over four years.
- Zacks•9 days ago
Kimberly-Clark Gains From Solid Savings & Restructuring Plans
Kimberly-Clark (KMB) focuses on boosting efficiency and savings through the Global Restructuring and FORCE programs.
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Mr Kipling makeover helps boost Premier Foods profit
Premier Foods unveiled plans to review options for its business after former boss Gavin Darby left in January. Premier Foods, which also owns the Ambrosia rice pudding and custards brand and OXO stock cubes, said adjusted profit before tax rose 12 to 88 million pounds ($114 million)for the year ended March 30. Mr Kipling enjoyed a 12% rise in revenue after it was relaunched in Britain with new packaging and design combined with higher marketing spends.
- ETF Trends•10 days ago
Find Market Safety in ‘NOBL’ Dividend ETF
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- InvestorPlace•10 days ago
10 ‘Buy-and-Hold’ Stocks to Own Forever
[Editor's note: This story was previously published in February 2019. It has since been updated and republished.]Investing to "buy and hold" is trickier than it looks. The increasing pace of technological change means even the most successful, dominant companies have to continually adapt to keep up. Industries like energy, real estate and even consumer products are facing potentially significant long-term changes going forward. In any era, amassing a collection of retirement stocks simply by buying the best companies and holding them for years can be a risky endeavor.General Motors (NYSE:GM) was a classic "widows and orphans" stock until last decade, when GM wound up going bankrupt. United States Steel (NYSE:X) once was a pillar of corporate America and a buy-and-hold stock. GM shares basically haven't moved in a quarter of a century. Polaroid and Eastman Kodak were once blue-chip stocks. Both went bankrupt as cameras changed from film to digital.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBut there still are stocks to buy and hold out there that can last forever, while offering dividend income along the way. * 7 Dividend Stocks to Buy as the Trade War Reignites Here are ten such retirement stocks to hold forever.Source: Shutterstock Bank of America (BAC)Dividend Yield: 2%It might seem strange to open the list with Bank of America (NYSE:BAC). After all, we're only a bit more than a decade on from the financial crisis. During that crisis, BofA acquisition Countrywide Financial blew up in spectacular fashion, after pioneering many of the risky tactics that led to the bubble and subsequent bust.But this is a different BofA.Net consumer charge-offs hit a decade-long low last year. Its performance on credit metrics is strong. Government regulations have been criticized as slowing growth -- but they've undoubtedly lowered risk as well, even if observers might argue that a better balance is needed.No less than Warren Buffett is now BofA's largest shareholder, through his Berkshire Hathaway Inc. (NYSE:BRK.A, NYSE:BRK.B). And the Oracle of Omaha is fond of saying that his favorite holding period is "forever."That seems likely true for BAC stock as well.Source: Mustafa Khayat Via Flickr Diageo (DEO)Dividend Yield: 1.6%Change has come to the alcohol industry, with the number of breweries exploding worldwide and new distilleries popping up as well. The brands owned by Diageo (NYSE:DEO) are well-positioned to adapt to shifting tastes.Diageo owns classic brands like Johnnie Walker whisky, Tanqueray gin, Smirnoff vodka, and Harp and Guinness beer, among many others. What most have in common is a timeless quality and worldwide brand recognition. As a result, while beverage giants like Coca-Cola (NYSE:KO) and Anheuser Busch InBev (NYSE:BUD) have struggled with earnings growth, Diageo grew net income by 13.5% in fiscal 2018 and expects consistent growth going forward. * 7 Dividend Stocks to Buy as the Trade War Reignites Yet with a forward multiple of 25, and with a dividend yield approaching 2%, Diageo stock isn't all that dearly valued. Long-term investors would do well to own DEO and perhaps use the dividends to buy a bottle or two of fine whisky.Source: U.S. Embassy Kyiv Ukraine via Flickr (Modified) Medtronic (MDT)Dividend Yield: 2.3%In this day and age, the U.S. healthcare market in particular seems potentially volatile. Concerns about increased spending and political battles over the Affordable Care Act create more questions than answers.But even with that uncertainty, Medtronic (NYSE:MDT) isn't going anywhere. The company's devices are an integral part of modern medicine, ranging from pacemakers to stents to bone grafts to imaging systems.Even the risks involved in the sector look priced into MDT. Medtronic's days of double-digit annual growth may well be behind it, but it's not finished increasing earnings or dividends. MDT stock likely isn't finished rising, either.Source: Shutterstock NextEra Energy (NEE)Dividend Yield: 2.6%Utility stocks are among the most common safe, buy-and-hold stocks. NextEra Energy (NYSE:NEE) is now the largest electric utility in the U.S. by market capitalization. That might actually be the only problem with NEE stock.NextEra shares gained 10.5% year-to-date, and trades just off record highs. Potential valuation concerns aside, NextEra looks like a winner. It serves customers in the southern Florida region, still one of the nation's fastest-growing areas. A 21x forward P/E multiple is high for the space but not outlandishly so. And a 2.6% dividend yield provides income along the way. * 7 Dividend Stocks to Buy as the Trade War Reignites Investors looking for value in the space might look for a smaller play like cheaper Dominion Energy (NYSE:D). But it's usually worth paying for quality, and NextEra Energy looks like one of the best utility stocks out there.Source: Blue Genie via Flickr McCormick & CompanyDividend Yield: 1.7%McCormick & Company (NYSE:MKC) is another quality company whose valuation might spook some investors. But MKC stock very rarely is offered cheaply.The company's market leadership in spices and seasonings provides both an impressive moat and protection against economic downturns. MKC stock did dip after the company acquired French's mustard and Frank's RedHot sauce from Reckitt Benckiser (OTCMKTS:RBGLY) at a price that looked a bit high to many investors. But MKC has recovered those gains and then some.Top-line growth for McCormick likely isn't going to be explosive, but it will be steady. The same has been true of MKC stock, which has returned an average of 13% a year over the past decade, including dividends.With continuous cost-cutting initiatives, the contribution from the acquired brands and organic growth (and growth in organic products), MKC still should be able to provide double-digit annual returns going forward as well.Source: Shutterstock Allstate CorpDividend Yield: 2.1%Allstate Corp (NYSE:ALL) long has used the tagline, "You're in good hands," and it's true for Allstate investors as well. ALL stock has almost quadrupled from late-2011 lows. And there could be more upside to come.After all, Allstate isn't particularly expensive, trading at a 13.75 P/E. * 7 Dividend Stocks to Buy as the Trade War Reignites Once any short-term worries subside, ALL should resume its march upward.Source: Shutterstock International Flavors & Fragrances (IFF)Dividend Yield: 2.21%International Flavors & Fragrances (NYSE:IFF) is a company most consumers encounter every day without knowing it and many investors aren't exactly hip to it, either.As its name suggests, the company develops flavors & fragrances across 13 categories, including cosmetics, perfumes, beverages and sweet flavors. Sales and earnings have increased consistently and so has IFF's share price. At a 41.75 P/E, IFF does look a bit pricey. But, as with McCormick and other stocks on this list, investors should pay for quality.IFF's hidden, but key role, in so many industries, gives it a great deal of protection against both competition and macro factors. Acquisitions and a growing cosmetic additive business both provide room for growth.Consumers may not know IFF, but investors should.Source: Shutterstock Lamb WestonDividend Yield: 1.15%Lamb Weston (NYSE:LW) was spun off from Conagra Brands (NYSE:CAG) last year. Lamb Weston is the No. 1 potato producer in the United States. In fact, it manufactures the well-known fries at McDonald's (NYSE:MCD), among other restaurant chains.Lamb Weston also has a consumer business (including a small segment that manufactures frozen vegetables), while serving restaurants of all sizes. Health concerns might seem a long-term headwind against the business, but growth has been steady for years, and margins continue to improve.LW is targeting international markets for growth, as French fries have much more limited penetration, while international audiences generally are intrigued by Americanized products.Despite growth and leading market share, LW stock isn't particularly cheap, trading at about 19 times next year's earnings. The company did pick up a fair amount of debt in the CAG spinoff. But it's paying that debt down, which should lower interest expense and boost cash flow going forward. * 7 Stocks With Too Much Riding On China With many similar stocks trading at much higher multiples, LW seems to have room for upside. And international growth should offset any health-related concerns in the U.S., should they arise. America's love affair with French fries isn't going to suddenly end, and that should ensure years of stability for Lamb Weston at least.Source: Shutterstock Fortune Brands (FBHS)Dividend Yield: 1.67%Investors are commonly advised to diversify their portfolio. Fortune Brands Home & Security (NYSE:FBHS) has done just that. The company operates in four segments: Cabinets, Plumbing, Doors, and Security. Among its well-known brands are Moen in plumbing, and MasterLock in security.FBHS is more of a cyclical stock than most on this list, and the company no doubt has benefited from the steady, if slow, housing recovery in the U.S. But the company's products also generate relatively stable replacement demand, and a 1.67% dividend yield provides modest, but growing, income.Fortune Brands has been an impressive company since its founding and a solid stock since its 2011 IPO. There may be a bit more volatility here, but that's a worthwhile price to pay for long-term investors. There's enough value in Fortune Brands to ride out any market jitters.Source: Shutterstock Dividend Yield: 1.81%Republic Services (NYSE:RSG) is a bit smaller and likely a lot less well-known than rival Waste Management (NYSE:WM). But in this case, that's not necessarily a bad thing.Republic Services has outgrown its larger competitor in both sales and earnings over the past five years. RSG stock has modestly outperformed WM over the same period as well. Investors appear to believe that will continue, as Republic Services is valued a bit higher than Waste Management, at least based on forward earnings multiples.Both RSG and WM are solid long-term plays. Contracted revenue and steady demand should support both companies for years to come. There's room for further acquisitions in a relatively fragmented space. Republic Services gets the nod here due to slightly better growth and more room for margin improvement. * 7 Dividend Stocks to Buy as the Trade War Reignites But investors looking for safe, stable growth can't go wrong with either RSG or WM.As of this writing, Vince Martin was long MKC. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dividend Stocks to Buy as the Trade War Reignites * 10 Stocks That Could Squeeze Short Sellers, Including CGC * 5 Tech Stocks Getting Crushed Compare Brokers The post 10 'Buy-and-Hold' Stocks to Own Forever appeared first on InvestorPlace.
- InvestorPlace•13 days ago
7 Food Stocks to Buy Now
It seems appropriate that a food-related IPO backed by Bill Gates would open with a tech-like bang, but that's what's happened to Beyond Meat (NASDAQ:BYND), the California producer of plant-based foods. It went public May 5, gaining 163% in its first day of trading. Up 217%, it has gotten investors excited about food stocks to buy.While Beyond Meat has a star-studded investor list, I don't think it's one of the food stocks you should sink your teeth into for two reasons: First, it doesn't make any money. Secondly, its valuation is entering bizarre territory at 42 times revenue. Besides, you can often buy IPO shares for less than the offering price within 12-24 months of going public. Let's leave Beyond Meat for down the road. InvestorPlace - Stock Market News, Stock Advice & Trading TipsIn the meantime, I'm going to recommend seven food stocks to buy that make money, preferably loads of it, while also growing the top line by double digits. * 10 Monthly Dividend Stocks to Buy to Pay the Bills At the end of the day, if some of these don't pan out, at least you can console yourself by eating some of their food. J.M. Smucker (SJM)Source: Shutterstock J.M. Smucker (NYSE:SJM) delivered its first-ever company spotlight May 1. It was intended to update investors about the fiscal year ahead; it focused on the transformation that's taken place at the maker of jams and jellies over the past 24 months to make it more attractive to consumers. CEO Mark Smucker is the fifth generation of the Smucker family to run the $14 billion food company, which has three operating segments: Coffee, Consumer Foods and Pet Foods. Folgers and several other brands drive sales in the coffee division. Smucker's jams and Jif peanut butter are two of the leading brands in its consumer foods division and Milk Bone, Meow Mix and Kibbles 'n Bits are just a few of its brands in the pet food division. Smucker's was once almost exclusively known for its jams and jellies. In the first nine months of 2019, ended Jan. 31, the company's consumer foods business accounted for 27% of its overall revenue of $5.9 billion. Pet Foods is the company's biggest operating segment. It accounts for 36% of the company's sales followed by coffee at 23% and international sales at 14%. However, even though the company's coffee business ranks second in terms of sales, it's easily the top segment in terms of profits. In the third quarter, the coffee segment's profit margin was 32.7%, almost ten percentage points higher than its other two divisions.The company's focus on innovation, investments in its various businesses, cost savings and acquisitions, is the way to top- and bottom-line growth. Combining its core brands of Smucker's, Jif, Milkbone and Folgers, along with on-trend, high-growth brands such as Sahale Snacks and Cafe Bustelo, Smucker's looks to grow revenues by 2%-3% annually with operating income growth of at least 5%. Slow and steady wins this race. McCormick (MKC)Source: Shutterstock Last October, as the markets started to get a little skittish, I recommended McCormick (NYSE:MKC) stock for its defensive qualities. Generally, food-related businesses do well in market downturns because we all have to eat. It has been 22 months since McCormick has acquired French's condiments business for $4.2 billion. Easily the spice maker's biggest deal in its history. The acquisition included Frank's RedHot sauce, a product that I religiously use for almost all of my meals. I love a little heat in my food. McCormick reported Q1 2019 earnings in March. The results were more than satisfactory with top-line sales growing 4% year-over-year, excluding currency to $744.9 million and an operating profit of $135.3 million, an operating margin of 18.2%The company's business did very well in the Americas during the first quarter with sales increases of 3% of 7% for its consumer sales and flavor solutions segments respectively. A sure sign the U.S. economy is still robust. At the time, I called McCormick the best or second-best consumer staples stock, of a solid bunch. Since then it has gained 15%. * 10 Great Stocks to Buy on Dips Between Club House, French's, Frank's RedHot and Billy Bee, McCormick has a group of brands that have stood the test of time. You won't get rich off its 1.5% dividend yield, but over the long haul, MKC will deliver acceptable results. Bridgford Foods (BRID)Source: Shutterstock My wife and I stopped eating meat about four years ago. One of the only things I miss in the entire spectrum of dinner meats is the pepperoni stick. I could eat a whole pack of spicy pepperettes in a matter of moments. I just loved them. It almost didn't matter the brand. As I was putting together my list of food stocks, I came across Bridgford Foods (NASDAQ:BRID), a micro-cap maker of salami and pepperoni products based in Anaheim, California. Living in Canada, I don't get as much exposure to some of the U.S. food brands found on grocery store shelves, but unless I'm mistaken, I have seen Bridgford's products north of the 49th parallel. Like McCormick, it's not going to grow sales by double digits each year, but the demand for pepperoni continues to grow to ensure that it increases top-line sales by 5-7% annually.In the first quarter ended Jan. 25, 2019, the company's snack foods division, which incorporates the pepperoni and salami business, saw sales increase by 8.4% YOY thanks to a 9% increase in volume offset by a 0.9% decrease in the selling price per pound. The downside (or upside depending on how you look at it) is that Walmart (NYSE:WMT) and Dollar General (NYSE:DG) account for 45% of its overall sales. Any reduction in orders from these two would result in significantly lower revenue in the near term, although that doesn't appear imminent. What's most interesting about Bridgford Foods is its real estate assets. For example, it sold a parcel of Chicago land in 2018 for $6 million. It owns a total of eight properties in Anaheim, Dallas, North Carolina and Chicago that cover 31 acres. The properties are carried on its books for $32.6 million. How much do you want to bet the real estate is worth a lot more? Food Stocks to Buy: J&J Snack Foods (JJSF)Source: Steve Snodgrass via Flickr (Modified)One of my favorite U.S. stocks is Church & Dwight (NYSE:CHD), the maker of consumer brands such as Arm & Hammer baking soda, Oxi-Clean stain remover, Trojan condoms … the list goes on. It hasn't had a negative annual return in the past decade, delivering an annualized total return of 19.3% for its shareholders. J&J Snack Foods (NASDAQ:JJSF), a New Jersey-based snack food company that's probably best known for Icee and Slush Puppie products. It has only had one down year in the past decade -- a 3.6% loss in 2018 -- delivering an annualized total return of 16% to its shareholders. CEO Gerald Shreiber bought the company out of bankruptcy in 1971 for $72,100. At the time, it had annual sales of $400,000 and just eight employees. Today, JJSF has more than $1.1 billion in sales, $103.6 million in profits, more than 4,500 employees and zero debt. As long as Schreiber continues to own 20% of the company and is the company's CEO, JJSF stock is more like a GIC than a small- or mid-cap stock. * 7 Small-Cap Stocks That Make the Grade Do your due diligence. I'm sure you'll like what you find. Nomad Foods (NOMD)Forget for a moment what kind of food products Nomad Foods (NYSE:NOMD) sells and consider the people behind its business. Although some of Nomad's brands have been around since the early 20th century, it was the creation of Nomad Holdings in 2014 by well-known financiers Noam Gottesman and Martin Franklin, and its subsequent listing on the NYSE in 2016, that got the ball rolling. Nomad announced its Q1 2019 investment results on May 9. They were excellent. On the top line, Nomad grew organic revenue by 0.9% and reported sales 15% to €618 million and adjusted earnings-per-share by 14% to €0.40."First quarter results reinforce the sustainability of the Nomad Foods business model, now in its third consecutive year of organic revenue growth and market share gains," said Nomad Co-Chairman Noam Gottesman. "The combination of solid operating momentum and a well-capitalized balance sheet puts us in a position of strength as we pursue our organic and acquisitive growth ambitions."Are you still interested in what Nomad sells?It markets frozen foods under the Birds Eye, Findus, Iglo, Aunt Bessie's and Goodfella's brands. Its three biggest categories are frozen seafood, which accounts for 38% of its revenue, followed by frozen vegetables at 18% and ready-to-eat products at 10%. Something like 90% of its core portfolio of products is ranked No. 1 or No. 2 in market share in Western Europe. Overall, it is the leader for frozen food in Western Europe with a 14% market share, ahead of Dr. Oetker and other larger companies. Conagra Brands (CAG)Source: Shutterstock Conagra Brands (NYSE:CAG) is the fourth-largest U.S. food company with $11.1 billion in 2018 sales. Like all large food businesses, growth comes through a combination of organic sales and large acquisitions like the $10.9 billion deal to buy Pinnacle Foods it closed in October 2018. Pinnacle's sales account for approximately 28% of Conagra's overall revenue. The company had some great brands like Vlasic pickles and Udi's gluten-free, but it was a mess financially and organizationally. One of the company's five main goals is to return Pinnacle's big brands to growth mode. At Conagra's April 10 Investor Day, it said that it would complete the Pinnacle integration well ahead of schedule. Over the next three years, Conagra expects organic net sales growth of 1% to 2% annually with operating margins of at least 18% and adjusted EPS of at least $2.70 by 2022. In November 2016, Conagra spun-off Lamb Weston Holdings (NYSE:LW) into its own publicly traded company. Since that spinoff, Conagra shareholders who kept their shares have seen a total shareholder return of 155%. * 7 Cloud Stocks to Buy on Overcast Days Over the next three years, I expect the work it has done to integrate Pinnacle will be a success leading to a much higher Conagra market cap. Premium Brands (PRBZF)Source: Shutterstock This is a Canadian company that many American investors won't know. Listed on the Toronto Stock Exchange and available over the counter in the U.S., Vancouver-based Premium Brands Holdings (OTCMKTS:PRBZF) is a food company that has grown tremendously through acquisitions.How many, you ask?Well, between 2005 and 2018, Premium Brands made 52 acquisitions, totaling almost C$1 billion, many of the acquired companies are located in the U.S. where it generates a significant portion of its C$3.0 billion in annual revenue. In fiscal 2019, Premium Brands expects to generate at least C$3.66 billion in sales with adjusted EBITDA of C$320 million. Over the past ten years, we have firmly established almost all of our business platforms as leaders in their respective market segments in Canada," CEO George Paleologou stated in its Q4 2018 press release. "With the steps taken in 2018, we are now set to replicate this success in the U.S., which I should mention we have already achieved to a certain degree with our sandwich and deli meats platforms."Paleologou's acquisition strategy is much like Warren Buffett's. He's interested in making acquisitions with people he likes, respects, and can trust to continue growing the business. As a result, Premium Brands, much like Berkshire Hathaway (NYSE:BRK.A, NYSE:BRK.B), now get interested sellers coming to them making the acquisition process far quicker. Down 31% over the past 52 weeks through May 8, Premium Brands' stock is a lot more appealing for value investors. It's under the radar, but it's worth it. At the time of this writing, Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Cloud Stocks to Buy on Overcast Days * 6 Stable Stocks Worth Buying for Protection * 5 Active Vanguard Funds That You Have to Own Compare Brokers The post 7 Food Stocks to Buy Now appeared first on InvestorPlace.
- Simply Wall St.•13 days ago
Should You Be Impressed By McCormick & Company, Incorporated's (NYSE:MKC) ROE?
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift...
- Zacks•14 days ago
Tyson Foods Looks Appealing on Strong Beef & Chicken Units
Tyson Foods (TSN) gains from rising demand for protein-packed brands, especially in the beef and chicken segments.
- PR Newswire•15 days ago
McCormick & Company Recognized as One of DiversityInc's 2019 Top 50 Companies
HUNT VALLEY, Md., May 8, 2019 /PRNewswire/ -- McCormick & Company, Incorporated (MKC), a global leader in flavor, was recognized on DiversityInc's 2019 Top 50 list of Companies for Diversity for the third year in a row. McCormick placed 41st overall and 8th for Top Companies for Executive Women. This award is the result of a highly competitive survey conducted by DiversityInc, which highlights successes and best practices that promote the growth and advancement of underrepresented groups in the workplace. McCormick's focus on diversity and inclusion is showcased through its 2025 Purpose-led Performance goals, which center around increasing the number of people of color and women in leadership positions, launching and leveraging employee ambassador groups and the expansion of leadership development programs. To learn more about McCormick's diversity and inclusion initiatives and its other 2025 commitments, please visit the Purpose-led Performance Report.
- Zacks•15 days ago
Dean Foods (DF) Reports Q1 Loss, Weak Milk Volumes Hurt
Dean Foods' (DF) Q1 results lack luster, thanks to volatility in fluid milk volumes.
- Moody's•16 days ago
McCormick & Company, Incorporated -- Moody's announces completion of a periodic review of ratings of McCormick & Company, Incorporated
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of McCormick & Company, Incorporated and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
- Markit•16 days ago
See what the IHS Markit Score report has to say about McCormick & Company Inc.
McCormick & Company Inc NYSE:MKCView full report here! Summary * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is moderate Bearish sentimentShort interest | PositiveShort interest is moderate for MKC with between 5 and 10% of shares outstanding currently on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NegativeETF activity is negative and may be weakening. The net inflows of $3.76 billion over the last one-month into ETFs that hold MKC are among the lowest of the last year and appear to be slowing. Economic sentimentPMI by IHS Markit | NeutralAccording 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 worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
- Zacks•16 days ago
The Zacks Analyst Blog Highlights: Kimberly-Clark, McCormick, PepsiCo and Cintas
The Zacks Analyst Blog Highlights: Kimberly-Clark, McCormick, PepsiCo and Cintas
- Zacks•17 days ago
Tyson Foods (TSN) Q2 Earnings Beat Estimates, Sales Improve
Tyson Foods (TSN) second-quarter fiscal 2019 results gain from growth in beef and chicken categories.
- Zacks•17 days ago
Trade War Escalates: Buy These 4 Dividend Aristocrats Now
Trump threatens to raise tariffs on $200 billion of Chinese goods and adds fuel to trade tensions. Thus, in order to safeguard your portfolio, investing in dividend aristocrats seems prudent.
- PR Newswire•17 days ago
McCormick Announces 79th Annual Unsung Heroes Awards Banquet
Lolo Jones, Olympian & World Champion Hurdler, to Address Student Athletes HUNT VALLEY, Md. , May 6, 2019 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, today ...
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TreeHouse (THS) Q1 Earnings Beat Estimates, Sales Decline
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Kellogg (K) Q1 Earnings Beat Estimates, Buyout Boosts Sales
Kellogg (K) first-quarter 2019 earnings decline year over year, while sales improve on the back of acquisitions.
- Zacks•21 days ago
Pilgrim's Pride (PPC) Misses on Q1 Earnings and Revenues
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Mondelez's (MDLZ) Q1 Earnings Beat Estimates, Sales Decline
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