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Stocks, oil and crypto climbThis summary was created by AI, based on 1 opinions in the last 12 months.
McCormick & Co (MKC) has a market capitalization of $21 billion and currently offers a dividend yield of 2.2%. The company has demonstrated historically low to mid-single digit growth rates in sales and earnings. Despite being largely flat over recent years, the forward earnings margin projections appear promising. Analysts note that the balance sheet is robust, with healthy free cash flows and declining debt levels over time. With a 10% total return CAGR over the past two decades, MKC is considered to provide potential downside protection to investors' portfolios, suggesting a favorable long-term outlook for those willing to gradually invest in the stock.
Yesterday, they reported mixed numbers: a modest earnings beat, softer than expected sales and alight full-year forecast. But management's plan is credible to boost volume growth in 2025 without sacrificing margins.
They report Tuesday. A quality company that's having a tough time dealing with inflation. Some companies like Hershey's and General Mills have been adept pasisng on costs to consumers. Maybe MKC can, but they haven't recently which hasn't inspired confidence.
McCormick & Co is a American stock, trading under the symbol MKC-N on the New York Stock Exchange (MKC). It is usually referred to as NYSE:MKC or MKC-N
In the last year, 1 stock analyst published opinions about MKC-N. 0 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for McCormick & Co.
McCormick & Co was recommended as a Top Pick by on . Read the latest stock experts ratings for McCormick & Co.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered McCormick & Co In the last year. It is a trending stock that is worth watching.
On 2025-02-18, McCormick & Co (MKC-N) stock closed at a price of $75.92.
MKC has a market cap of $21B, a yield of 2.2%, historically low to mid-single digit sales and earnings growth rates, and forward earnings margin estimates are quite positive. Its balance sheet is strong, free cash flows are healthy, and its debt levels have been coming down over the years. Over the past 20 years, it has a roughly 10% total return CAGR, and while it has largely been flat over the past several years, we feel that in the coming years it can help an investors' portfolio with downside protection. We would be comfortable holding, or slowly averaging into MKC here.
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