Several analysts have recently updated their ratings and price targets for McCormick & Co. (NYSE: MKC):
McCormick & Co. (NYSE:MKC) traded up 0.09% on Monday, hitting $92.38. The stock had a trading volume of 562,943 shares. The company’s 50 day moving average price is $93.77 and its 200 day moving average price is $98.66. McCormick & Co. has a 52-week low of $78.45 and a 52-week high of $107.84. The firm has a market cap of $11.65 billion, a price-to-earnings ratio of 25.51 and a beta of 0.50.
McCormick & Co. (NYSE:MKC) last issued its quarterly earnings results on Friday, September 30th. The company reported $1.03 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.94 by $0.09. McCormick & Co. had a return on equity of 27.26% and a net margin of 10.58%. The business earned $1.09 billion during the quarter. During the same quarter in the previous year, the company posted $0.85 EPS. The company’s quarterly revenue was up 2.9% on a year-over-year basis. Analysts expect that McCormick & Co. will post $3.79 EPS for the current year.