The stock of McCormick & Co., Inc (MKC) has gone down by -1.44% for the week, with a 5.87% rise in the past month and a -0.23% drop in the past quarter. The volatility ratio for the week is 1.81%, and the volatility levels for the past 30 days are 2.58% for MKC. The simple moving average for the last 20 days is -1.72% for MKC stock, with a simple moving average of 4.02% for the last 200 days.
Is It Worth Investing in McCormick & Co., Inc (NYSE: MKC) Right Now?
The price-to-earnings ratio for McCormick & Co., Inc (NYSE: MKC) is above average at 27.49x. The 36-month beta value for MKC is also noteworthy at 0.76. There are mixed opinions on the stock, with 5 analysts rating it as a “buy,” 1 rating it as “overweight,” 10 rating it as “hold,” and 0 rating it as “sell.”
The public float for MKC is 252.00M, and at present, short sellers hold a 2.61% of that float. The average trading volume of MKC on March 19, 2025 was 2.04M shares.
MKC) stock’s latest price update
McCormick & Co., Inc (NYSE: MKC)’s stock price has decreased by -1.14 compared to its previous closing price of 81.30. However, the company has seen a -1.44% decrease in its stock price over the last five trading sessions. zacks.com reported 2025-03-18 that McCormick (MKC) doesn’t possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Analysts’ Opinion of MKC
Many brokerage firms have already submitted their reports for MKC stocks, with TD Cowen repeating the rating for MKC by listing it as a “Buy.” The predicted price for MKC in the upcoming period, according to TD Cowen is $90 based on the research report published on January 08, 2025 of the current year 2025.
Jefferies, on the other hand, stated in their research note that they expect to see MKC reach a price target of $91, previously predicting the price at $85. The rating they have provided for MKC stocks is “Buy” according to the report published on December 09th, 2024.
Citigroup gave a rating of “Neutral” to MKC, setting the target price at $69 in the report published on June 12th of the previous year.
MKC Trading at 3.00% from the 50-Day Moving Average
After a stumble in the market that brought MKC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -6.80% of loss for the given period.
Volatility was left at 2.58%, however, over the last 30 days, the volatility rate increased by 1.81%, as shares surge +2.34% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.13% upper at present.
During the last 5 trading sessions, MKC fell by -1.29%, which changed the moving average for the period of 200-days by +13.83% in comparison to the 20-day moving average, which settled at $81.79. In addition, McCormick & Co., Inc saw 5.42% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at MKC starting from PRESTON MARGARET M V, who sale 28,092 shares at the price of $77.03 back on Feb 13 ’25. After this action, PRESTON MARGARET M V now owns 6,177 shares of McCormick & Co., Inc, valued at $2,163,927 using the latest closing price.
Kurzius Lawrence Erik, the Director of McCormick & Co., Inc, sale 50,000 shares at $76.81 during a trade that took place back on Feb 03 ’25, which means that Kurzius Lawrence Erik is holding 276,895 shares at $3,840,320 based on the most recent closing price.
Stock Fundamentals for MKC
Current profitability levels for the company are sitting at:
- 0.16 for the present operating margin
- 0.39 for the gross margin
The net margin for McCormick & Co., Inc stands at 0.12. The total capital return value is set at 0.1. Equity return is now at value 15.23, with 6.08 for asset returns.
Based on McCormick & Co., Inc (MKC), the company’s capital structure generated 0.45 points at debt to capital in total, while cash flow to debt ratio is standing at 0.21. The debt to equity ratio resting at 0.82. The interest coverage ratio of the stock is 5.09.
Currently, EBITDA for the company is 1.32 billion with net debt to EBITDA at 3.18. When we switch over and look at the enterprise to sales, we see a ratio of 3.82. The receivables turnover for the company is 11.45for trailing twelve months and the total asset turnover is 0.51. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.74.
Conclusion
In summary, McCormick & Co., Inc (MKC) has had a mixed performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
