Stock Updates

Is this Large Market Cap Stock target price reasonable for McCormick & Company, Incorporated (NYSE:MKC)?

The company in question is, McCormick & Company, Incorporated (NYSE:MKC) currently with a stock price of 94.33 (-0.12% today). The market cap for McCormick & Company, Incorporated is 11945.95, and is in the sector Consumer Goods, and Processed & Packaged Goods industry. The target price for McCormick & Company, Incorporated is 100.11. Currently McCormick & Company, Incorporated is trading with a P/E of 26.1, and a forward P/E of 22.9. Average volume for McCormick & Company, Incorporated is 599.23 and so far today it is 363900.

Performance in the last year for McCormick & Company, Incorporated has been 16.15%. For EPS growth, McCormick & Company, Incorporated has seen a growth of -7.00%, and is looking to grow in the next year to 8.79%. More long term stats show that EPS growth has been 2.50% over the last five years and could be 8.87% for the next five years. McCormick & Company, Incorporated has seen sales growth quarter over quarter at 2.90%, with EPS growth quarter over quarter at 32.20%. The 20-day simple moving average is -4.16%, with the 200-day simple moving average coming to -1.21%.

Since the IPO date for McCormick & Company, Incorporated on the 3/26/1990, McCormick & Company, Incorporated has seen performance year to date to be 11.68%. With McCormick & Company, Incorporated trading at 94.33, the dividend yield is 1.82%, and the EPS is 3.61.

So could McCormick & Company, Incorporated, be undervalued? Well as said before P/E is 26.1. The PEG is 2.94, P/S is 2.72 and the P/B is at 6.79. The P/cash is 89.02, with P/free cash flow at 50.9.

McCormick & Company, Incorporated ability to deal with debt shows that the current ratio is 1.1, and the quick ratio is 0.5. This is with long term debt/equity at 0.6, and total debt/equity at 0.92.

In terms of margins, McCormick & Company, Incorporated has a gross margin of 41.30%, an operating margin of 14.50% and a profit margin of 10.60%.Payout ratio for McCormick & Company, Incorporated is 34.60%. Return on assets come to 10.20% with return on investment coming to 13.60%.

Insider ownership for McCormick & Company, Incorporated, is at 0.25% and institutional ownership comes to 83.20%. Outstanding shares are at 126.64. While shares float is 121.05. The float short is currently 4.17%, and short ratio is 8.42.

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

Tony Dabbs

Leave a Comment