NYSE - Nasdaq Real Time Price • USD
McCormick & Company, Incorporated (MKC)
As of 12:22 PM EDT. Market Open.
Earnings Estimate
| CURRENCY IN USD | Current Qtr. (May 2024) | Next Qtr. (Aug 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| No. of Analysts | 12 | 11 | 14 | 14 |
| Avg. Estimate | 0.6 | 0.71 | 2.87 | 3.08 |
| Low Estimate | 0.55 | 0.69 | 2.83 | 2.98 |
| High Estimate | 0.63 | 0.74 | 3.02 | 3.26 |
| Year Ago EPS | 0.6 | 0.65 | 2.7 | 2.87 |
Revenue Estimate
| CURRENCY IN USD | Current Qtr. (May 2024) | Next Qtr. (Aug 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| No. of Analysts | 11 | 11 | 14 | 14 |
| Avg. Estimate | 1.64B | 1.68B | 6.68B | 6.87B |
| Low Estimate | 1.62B | 1.63B | 6.65B | 6.79B |
| High Estimate | 1.66B | 1.7B | 6.73B | 6.99B |
| Year Ago Sales | -- | -- | 6.66B | 6.68B |
| Sales Growth (year/est) | -- | -- | 0.30% | 2.80% |
Earnings History
| CURRENCY IN USD | 5/31/2023 | 8/31/2023 | 11/30/2023 | 2/29/2024 |
|---|---|---|---|---|
| EPS Est. | 0.57 | 0.65 | 0.79 | 0.58 |
| EPS Actual | 0.6 | 0.65 | 0.85 | 0.63 |
| Difference | 0.03 | 0 | 0.06 | 0.05 |
| Surprise % | 5.30% | 0.00% | 7.60% | 8.60% |
EPS Trend
| CURRENCY IN USD | Current Qtr. (May 2024) | Next Qtr. (Aug 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| Current Estimate | 0.6 | 0.71 | 2.87 | 3.08 |
| 7 Days Ago | 0.6 | 0.71 | 2.87 | 3.08 |
| 30 Days Ago | 0.61 | 0.71 | 2.83 | 3.05 |
| 60 Days Ago | 0.61 | 0.71 | 2.83 | 3.05 |
| 90 Days Ago | 0.64 | 0.7 | 2.87 | 3.14 |
EPS Revisions
| CURRENCY IN USD | Current Qtr. (May 2024) | Next Qtr. (Aug 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| Up Last 7 Days | -- | -- | 1 | -- |
| Up Last 30 Days | 4 | 5 | 12 | 11 |
| Down Last 7 Days | -- | -- | -- | -- |
| Down Last 30 Days | -- | -- | -- | -- |
Growth Estimates
| CURRENCY IN USD | MKC | Industry | Sector | S&P 500 |
|---|---|---|---|---|
| Current Qtr. | 0.00% | -- | -- | 0.80% |
| Next Qtr. | 9.20% | -- | -- | 9.60% |
| Current Year | 6.30% | -- | -- | 4.50% |
| Next Year | 7.30% | -- | -- | 13.30% |
| Next 5 Years (per annum) | 7.15% | -- | -- | 11.09% |
| Past 5 Years (per annum) | -0.91% | -- | -- | -- |
Research Analysis
Analyst Price Targets
Fair Value
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Analyst Recommendations
- Strong Buy
- Buy
- Hold
- Underperform
- Sell
Earnings
Upgrades & Downgrades
| Upgrade | Argus Research: Hold to Buy | 4/2/2024 |
| Maintains | Barclays: Equal-Weight to Equal-Weight | 3/28/2024 |
| Maintains | Stifel: Hold to Hold | 3/27/2024 |
| Maintains | Citigroup: Sell to Sell | 3/27/2024 |
| Initiated | Citigroup: Sell | 2/1/2024 |
| Maintains | JP Morgan: Underweight to Underweight | 1/26/2024 |
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