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Stocks, oil and crypto climbThis summary was created by AI, based on 2 opinions in the last 12 months.
McCormick & Company (MKC) is set to report its earnings, which has drawn positive attention from analysts and investors alike. The company has a strong track record, often benefiting during economic downturns as consumers tend to cook at home more, which boosts spice sales. Trevor Rose’s insights highlight MKC's robust financial profile with a market cap of $21 billion, a healthy yield of 2.2%, and a consistent historical growth trajectory. While sales and earnings growth have been in the low to mid-single digits, the outlook remains positive with strong free cash flows and a decreasing debt burden. With a solid average annual total return and stability in a fluctuating market, MKC is considered a safe investment option for those looking for downside protection in their portfolios.
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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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, 2 stock analysts published opinions about MKC-N. 1 analyst 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.
2 stock analysts on Stockchase covered McCormick & Co In the last year. It is a trending stock that is worth watching.
On 2025-04-15, McCormick & Co (MKC-N) stock closed at a price of $75.95.
It reports Tuesday. They've been putting up big numbers. Also, during recession, people diner out less and cook at home more, so they sell more spices.