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NYSE: MKC
Mccormick & Co Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for MKC

Based on 6 analysts offering 12 month price targets for Mccormick & Co Inc.
Min Forecast
$57.00-24.02%
Avg Forecast
$72.50-3.36%
Max Forecast
$88.00+17.3%

Should I buy or sell MKC stock?

Based on 6 analysts offering ratings for Mccormick & Co Inc.
Hold
Strong Buy
1 analysts 16.67%
Buy
0 analysts 0%
Hold
3 analysts 50%
Sell
0 analysts 0%
Strong Sell
2 analysts 33.33%

Be the first to know when Wall Street analysts revise their MKC stock forecasts and price targets.

MKC stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-02
lockedlocked$00.00+00.00%2024-03-28
lockedlocked$00.00+00.00%2024-03-27
lockedlocked$00.00+00.00%2024-03-27
lockedlocked$00.00+00.00%2024-01-26
Barclays
Top 25%
76
HoldMaintains$71.00-5.36%2024-01-16

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Forecast return on equity

Is MKC forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
35.5%

Forecast return on assets

Is MKC forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

MKC revenue forecast

What is MKC's revenue in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$6.7B-0.25%
Avg 2 year Forecast
$6.9B+2.35%
Avg 3 year Forecast
$7.1B+5.41%
MKC's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

MKC earnings growth forecast

How is MKC forecast to perform vs Packaged Foods companies and vs the US market?
Company
26.47%
Industry
19.63%
Market
21.77%
MKC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
MKC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
MKC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

MKC revenue growth forecast

How is MKC forecast to perform vs Packaged Foods companies and vs the US market?
Company
1.74%
Industry
2.56%
Market
10.16%
MKC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
MKC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

MKC vs Food Stocks

TickerPricePrice TargetUp/downsideConsensus
MKC$75.02$72.50-3.36%Hold
K$58.14$58.89+1.29%Hold
HRL$35.14$31.00-11.78%Sell
CAG$31.27$32.40+3.61%Hold
CPB$44.96$46.00+2.31%Hold
View Top Food Stocks

Mccormick & Co Stock Forecast FAQ

Is Mccormick & Co Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 6 Wall Street analysts covering (NYSE: MKC) stock is to Hold MKC stock.

Out of 6 analysts, 1 (16.67%) are recommending MKC as a Strong Buy, 0 (0%) are recommending MKC as a Buy, 3 (50%) are recommending MKC as a Hold, 0 (0%) are recommending MKC as a Sell, and 2 (33.33%) are recommending MKC as a Strong Sell.

If you're new to stock investing, here's how to buy Mccormick & Co stock.

What is MKC's revenue growth forecast for 2024-2026?

(NYSE: MKC) Mccormick & Co's forecast annual revenue growth rate of 1.74% is not forecast to beat the US Packaged Foods industry's average forecast revenue growth rate of 2.56%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.16%.

Mccormick & Co's revenue in 2024 is $6,699,400,000.On average, 4 Wall Street analysts forecast MKC's revenue for 2024 to be $1,793,630,323,384, with the lowest MKC revenue forecast at $1,789,775,916,940, and the highest MKC revenue forecast at $1,797,023,059,975. On average, 4 Wall Street analysts forecast MKC's revenue for 2025 to be $1,840,382,985,166, with the lowest MKC revenue forecast at $1,823,904,592,381, and the highest MKC revenue forecast at $1,853,126,146,749.

In 2026, MKC is forecast to generate $1,895,505,291,916 in revenue, with the lowest revenue forecast at $1,861,587,052,036 and the highest revenue forecast at $1,927,250,999,361.

What is MKC's forecast return on assets (ROA) for 2024-2027?

(NYSE: MKC) forecast ROA is N/A, which is lower than the forecast US Packaged Foods industry average of N/A.

What is MKC's Price Target?

According to 6 Wall Street analysts that have issued a 1 year MKC price target, the average MKC price target is $72.50, with the highest MKC stock price forecast at $88.00 and the lowest MKC stock price forecast at $57.00.

On average, Wall Street analysts predict that Mccormick & Co's share price could fall to $72.50 by Apr 2, 2025. The average Mccormick & Co stock price prediction forecasts a potential downside of 3.36% from the current MKC share price of $75.02.

What is MKC's forecast return on equity (ROE) for 2024-2027?

(NYSE: MKC) forecast ROE is N/A, which is considered weak.
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