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A look at a High Market Cap Stock: McCormick & Company, Incorporated, MKC

McCormick & Company, Incorporated, MKC is in the exchange NYSE and its industry is Processed & Packaged Goods in the sector of Consumer Goods. Based in USA, McCormick & Company, Incorporated, MKC  has a market cap of 11943.95. Since its IPO date on the 3/26/1990, McCormick & Company, Incorporated, MKC performance year to date is 13.70%. Today McCormick & Company, Incorporated, MKC has gained -0.47%, with a current price of 96.47.

Ownership of the company is 0.25% for insider ownership while institutional ownership is 83.10%. The management of the company have seen the company have a payout ratio of 34.60%. Return of assets are at 10.20%, with return on investment at 13.60%.

In terms of debt levels and profit levels, McCormick & Company, Incorporated, MKC is seeing a long-term debt/equity of 0.6. While Total debt/equity is 0.92. With a profit margin of 10.70%, this is combined with a gross margin of 40.90%, and operating margin of 14.60%. McCormick & Company, Incorporated ability to meet debt levels, with a current ratio of 1.1, while the quick ratio is 0.5.

For the last year McCormick & Company, Incorporated, MKC has seen a EPS growth of -7.00%. A performance for the year of 20.29%. The 52-week high is -10.18%, and the 52-week low is 24.00%. The average volume for McCormick & Company, Incorporated, MKC is 1035500.

With a target price of 102.33, can McCormick & Company, Incorporated, MKC reach this target? Looking at the value indicators of McCormick & Company, Incorporated, MKC. McCormick & Company, Incorporated has a P/E of 28.62 and a forward P/E of 23.42. Perhaps the more useful indicator than P/E, is PEG which has a value of 3.22. McCormick & Company, Incorporated also has a P/S and a P/B of 2.74 and 6.94 respectively. For P/cash, McCormick & Company, Incorporated has a value of 89, while it is 50.89 for P/free cash flow.

At the current price of 96.47, McCormick & Company, Incorporated has a dividend yield of 1.78%. We see a return on equity of 26.90%.

Looking more long-term McCormick & Company, Incorporated, is projected to get an EPS growth for the next five years of 8.90%. In the short-term an EPS growth of 9.23% in the next year is forecasted. This is after a EPS growth of -7.00% for this year and for the last five years a 2.50% growth has been seen.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

About the author

Mark Hines

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