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

OverviewForecast
EarningsRevenueDividendOwnership

Analyst price target for MKC

Based on 4 analysts offering 12 month price targets for Mccormick & Co Inc.
Min Forecast
$69.00-13.08%
Avg Forecast
$84.00+5.82%
Max Forecast
$96.00+20.94%

Should I buy or sell MKC stock?

Based on 4 analysts offering ratings for Mccormick & Co Inc.
Buy
Strong Buy
1 analysts 25%
Buy
0 analysts 0%
Hold
3 analysts 75%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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%2024-10-02
lockedlocked$00.00+00.00%2024-10-02
lockedlocked$00.00+00.00%2024-10-02
lockedlocked$00.00+00.00%2024-06-12

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Forecast return on equity

Is MKC forecast to generate an efficient return?
Company
17.43%
Industry
16.22%
Market
49.39%
MKC's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is MKC forecast to generate an efficient return on assets?
Company
7.16%
Industry
8.44%
MKC is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

MKC earnings per share forecast

What is MKC's earnings per share in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
$2.91-1.77%
Avg 2 year Forecast
$3.11+4.99%
Avg 3 year Forecast
$3.31+11.68%
MKC's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

MKC revenue forecast

What is MKC's revenue in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$6.7B+0.32%
Avg 2 year Forecast
$6.8B+2.37%
Avg 3 year Forecast
$7.0B+5.07%
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
3.76%
Industry
18.41%
Market
18.77%
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
1.62%
Industry
2.69%
Market
9.66%
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$79.38$84.00+5.82%Buy
HRL$31.26$34.50+10.36%Buy
K$80.62$76.55-5.05%Hold
CPB$47.13$51.00+8.21%Hold
CAG$29.10$31.63+8.68%Buy
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 4 Wall Street analysts covering (NYSE: MKC) stock is to Buy MKC stock.

Out of 4 analysts, 1 (25%) are recommending MKC as a Strong Buy, 0 (0%) are recommending MKC as a Buy, 3 (75%) are recommending MKC as a Hold, 0 (0%) are recommending MKC as a Sell, and 0 (0%) 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 earnings growth forecast for 2024-2026?

(NYSE: MKC) Mccormick & Co's forecast annual earnings growth rate of 3.76% is not forecast to beat the US Packaged Foods industry's average forecast earnings growth rate of 18.41%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 18.77%.

Mccormick & Co's earnings in 2024 is $717,900,000.On average, 7 Wall Street analysts forecast MKC's earnings for 2024 to be $780,301,783, with the lowest MKC earnings forecast at $767,501,152, and the highest MKC earnings forecast at $791,653,286. On average, 7 Wall Street analysts forecast MKC's earnings for 2025 to be $833,946,356, with the lowest MKC earnings forecast at $810,438,279, and the highest MKC earnings forecast at $850,691,836.

In 2026, MKC is forecast to generate $887,134,723 in earnings, with the lowest earnings forecast at $864,109,688 and the highest earnings forecast at $898,996,104.

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

(NYSE: MKC) Mccormick & Co's forecast annual revenue growth rate of 1.62% is not forecast to beat the US Packaged Foods industry's average forecast revenue growth rate of 2.69%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.66%.

Mccormick & Co's revenue in 2024 is $6,678,500,000.On average, 3 Wall Street analysts forecast MKC's revenue for 2024 to be $1,797,948,734,359, with the lowest MKC revenue forecast at $1,796,650,422,970, and the highest MKC revenue forecast at $1,799,740,285,998. On average, 4 Wall Street analysts forecast MKC's revenue for 2025 to be $1,834,656,757,967, with the lowest MKC revenue forecast at $1,808,420,563,008, and the highest MKC revenue forecast at $1,846,738,460,535.

In 2026, MKC is forecast to generate $1,883,128,749,401 in revenue, with the lowest revenue forecast at $1,836,592,685,697 and the highest revenue forecast at $1,920,608,031,159.

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

(NYSE: MKC) forecast ROA is 7.16%, which is lower than the forecast US Packaged Foods industry average of 8.44%.

What is MKC's Price Target?

According to 4 Wall Street analysts that have issued a 1 year MKC price target, the average MKC price target is $84.00, with the highest MKC stock price forecast at $96.00 and the lowest MKC stock price forecast at $69.00.

On average, Wall Street analysts predict that Mccormick & Co's share price could reach $84.00 by Oct 2, 2025. The average Mccormick & Co stock price prediction forecasts a potential upside of 5.82% from the current MKC share price of $79.38.

What is MKC's Earnings Per Share (EPS) forecast for 2024-2026?

(NYSE: MKC) Mccormick & Co's current Earnings Per Share (EPS) is $2.96. On average, analysts forecast that MKC's EPS will be $2.91 for 2024, with the lowest EPS forecast at $2.86, and the highest EPS forecast at $2.95. On average, analysts forecast that MKC's EPS will be $3.11 for 2025, with the lowest EPS forecast at $3.02, and the highest EPS forecast at $3.17. In 2026, MKC's EPS is forecast to hit $3.31 (min: $3.22, max: $3.35).

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

(NYSE: MKC) forecast ROE is 17.43%, which is considered weak.
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