160.18 0.00 (0.00%)
After hours: 4:21PM EDT
|Bid||160.24 x 1200|
|Ask||160.20 x 800|
|Day's Range||159.64 - 161.60|
|52 Week Range||115.95 - 162.63|
|Beta (3Y Monthly)||0.00|
|PE Ratio (TTM)||31.33|
|Earnings Date||Sep 26, 2019|
|Forward Dividend & Yield||2.28 (1.42%)|
|1y Target Est||151.00|
We often see insiders buying up shares in companies that perform well over the long term. Unfortunately, there are...
The Zacks Analyst Blog Highlights: General Mills, McCormick, Nestle, L'Oreal and J.M. Smucker
Here are a few companies in the consumer staple industry, which is typically less volatile relative to other industries, that have the potential to outperform their peers.
Campbell (CPB) focuses on exiting non-key businesses, in line with board-led strategies. The company announces deal to sell Kelsen Group.
In addition to its brand strategy, shareholders should also pay attention to the spice leader's business optimization and balance sheet improvements.
The Zacks Analyst Blog Highlights: Morgan Stanley, McCormick, Walmart, Automatic Data and Air Products
McCormick & Company Inc NYSE:MKCView full report here! Summary * Bearish sentiment is moderate * Economic output for the sector is expanding but at a slower rate 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 | NeutralETF activity is neutral. The net inflows of $7.63 billion over the last one-month into ETFs that hold MKC are not among the highest of the last year and have been slowing. Economic sentimentPMI by IHS Markit | NegativeAccording 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, and is easing. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to email@example.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.
Lamb Weston (LW) focuses on enhancing capacity, undertaking innovation and boosting LTOs. However, costs continue to rise in Europe.
Church & Dwight (CHD) is gaining on the back of strong organic sales trend, buyouts, focus on international business, product innovations and portfolio expansion.
Dean Foods (DF) is grappling with cost inflation and soft volumes. However, the company is on track with its comprehensive productivity program, including OPEX 2020 and company-wide initiatives.
This year marks the second round of disclosures, including the first time some companies reported data because of the timing of their fiscal years.
Results in the March quarter drove the majority of the performance as slowing global economic data weighed on investors during the June quarter, which was buoyed by dovish comments from the Federal Reserve and to a lesser extent the European Central Bank. Across the four key economic horseman of the global economy, which are the U.S., China, Japan and the eurozone, the June data fell compared to May, confirming the global economic slowdown. In looking at the most recent set of earnings expectations for the S&P 500, which is the benchmark for most investors, 2019 earnings are now expected to rise 3.9%, with the second half of the year growing roughly 10% compared to the first half.
McCormick’s gross margin expanded by 30 basis points to 39.1% despite higher input costs and promotional spending, which is encouraging.
Today we'll take a closer look at McCormick & Company, Incorporated (NYSE:MKC) from a dividend investor's perspective...
McCormick’s (MKC) consumer segment’s net sales fell 0.6% to $0.76 billion. The benefits from the higher volumes and mix were more than offset by negative currency rates.
McCormick (MKC) reported lower-than-expected second-quarter sales. The company's net sales of $1.30 billion remained even with the previous year.
McCormick (MKC) posted stronger-than-expected second-quarter earnings. The company's adjusted EPS of $1.16 beat analysts’ estimate of $1.08.
On June 27, McCormick (MKC) shares closed 3.5% higher due to the company’s better-than-expected bottom-line performance in the second quarter.