McCormick & Company, Incorporated (NYSE:MKC – Get Free Report) will likely be posting its quarterly earnings results before the market opens on Tuesday, March 25th. Analysts expect McCormick & Company, Incorporated to post earnings of $0.63 per share and revenue of $1.61 billion for the quarter. McCormick & Company, Incorporated has set its FY 2025 guidance at 3.030-3.080 EPS.Individual interested in participating in the company’s earnings conference call can do so using this link.
McCormick & Company, Incorporated (NYSE:MKC – Get Free Report) last posted its quarterly earnings results on Thursday, January 23rd. The company reported $0.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.77 by $0.03. McCormick & Company, Incorporated had a return on equity of 14.89% and a net margin of 11.73%. On average, analysts expect McCormick & Company, Incorporated to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.
McCormick & Company, Incorporated Price Performance
Shares of MKC opened at $81.90 on Tuesday. The stock has a market cap of $21.96 billion, a P/E ratio of 27.95, a price-to-earnings-growth ratio of 3.76 and a beta of 0.71. The company has a current ratio of 0.74, a quick ratio of 0.31 and a debt-to-equity ratio of 0.68. The stock’s 50-day moving average price is $77.83 and its two-hundred day moving average price is $78.89. McCormick & Company, Incorporated has a 1 year low of $66.88 and a 1 year high of $86.24.
Analyst Ratings Changes
Read Our Latest Stock Report on MKC
Insider Activity
In other McCormick & Company, Incorporated news, Director Margaret M. V. Preston sold 28,092 shares of the company’s stock in a transaction dated Thursday, February 13th. The stock was sold at an average price of $77.03, for a total value of $2,163,926.76. Following the completion of the transaction, the director now owns 6,177 shares of the company’s stock, valued at $475,814.31. This represents a 81.97 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 23.80% of the company’s stock.
McCormick & Company, Incorporated Company Profile
McCormick & Co, Inc engages in the manufacturing, marketing, and distribution of spices, seasoning mixes, condiments, and other flavorful products to retail outlets, food manufacturers, and foodservice businesses. It operates through the Consumer and Flavor Solutions segments. The Consumer segment sells spices, seasonings, condiments, and sauces.
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