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Upturn stock ratingUpturn stock rating
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McCormick & Company Incorporated (MKC)

Upturn stock ratingUpturn stock rating
$76.46
Delayed price
Profit since last BUY-4.59%
upturn advisory
WEAK BUY
BUY since 31 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

04/04/2025: MKC (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

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Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

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Moderate Performance

These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.

Analysis of Past Performance

Type Stock
Historic Profit -10.67%
Avg. Invested days 37
Today’s Advisory WEAK BUY
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 04/04/2025

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 20.51B USD
Price to earnings Ratio 26.37
1Y Target Price 83.84
Price to earnings Ratio 26.37
1Y Target Price 83.84
Volume (30-day avg) 2668740
Beta 0.75
52 Weeks Range 65.75 - 86.24
Updated Date 04/6/2025
52 Weeks Range 65.75 - 86.24
Updated Date 04/6/2025
Dividends yield (FY) 2.35%
Basic EPS (TTM) 2.9

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date 2025-03-24
When Before Market
Estimate 0.6441
Actual 0.6

Profitability

Profit Margin 11.67%
Operating Margin (TTM) 14.15%

Management Effectiveness

Return on Assets (TTM) 5.17%
Return on Equity (TTM) 14.66%

Valuation

Trailing PE 26.37
Forward PE 24.75
Enterprise Value 24715754187
Price to Sales(TTM) 3.05
Enterprise Value 24715754187
Price to Sales(TTM) 3.05
Enterprise Value to Revenue 3.67
Enterprise Value to EBITDA 18.8
Shares Outstanding 252682000
Shares Floating 264298345
Shares Outstanding 252682000
Shares Floating 264298345
Percent Insiders 0.02
Percent Institutions 88.5

Analyst Ratings

Rating 3.53
Target Price 85.16
Buy 1
Strong Buy 5
Buy 1
Strong Buy 5
Hold 9
Sell 2
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

McCormick & Company Incorporated

stock logo

Company Overview

overview logo History and Background

McCormick & Company was founded in 1889 in Baltimore, Maryland. It started as a small flavorings and extracts company and has grown into a global leader in flavor.

business area logo Core Business Areas

  • Consumer Segment: Sells spices, herbs, seasonings, condiments, and other flavor products to consumers through retail channels.
  • Flavor Solutions Segment: Provides flavor solutions, including seasoning blends, spices, herbs, extracts, and sauces, to food manufacturers and foodservice businesses.

leadership logo Leadership and Structure

Lawrence E. Kurzius is the Chairman and CEO. The company has a typical corporate structure with executive leadership overseeing various business units.

Top Products and Market Share

overview logo Key Offerings

  • McCormick Spices and Herbs: A wide range of spices and herbs sold under the McCormick brand. It is estimated that McCormick has around 20% of the global spices and seasonings market. Competitors include Unilever and Kerry Group.
  • Frank's RedHot Sauce: A popular hot sauce brand acquired by McCormick. While exact market share is difficult to ascertain, it is a leading hot sauce brand competing with Tabasco and Cholula. This contributes to the condiment business segment.
  • Lawry's Seasoning Salt: A popular seasoning salt blend. Market share data specific to Lawry's is not readily available, but it is a well-known brand competing with other seasoning blends from various companies.

Market Dynamics

industry overview logo Industry Overview

The flavor industry is experiencing growth driven by increasing consumer demand for diverse and convenient food options. Trends include healthier ingredients, global flavors, and e-commerce growth.

Positioning

McCormick is positioned as a leading global player in the flavor industry with a strong brand reputation and extensive distribution network. Its competitive advantages include its scale, innovation, and diversified product portfolio.

Total Addressable Market (TAM)

The global spices and seasonings market is projected to reach over $25 billion. McCormick is well positioned to capture a significant portion of this TAM through its strong market presence and product innovation.

Upturn SWOT Analysis

Strengths

  • Strong brand recognition
  • Extensive distribution network
  • Diversified product portfolio
  • Global presence
  • Strong R&D capabilities

Weaknesses

  • Dependence on commodity prices
  • Vulnerability to supply chain disruptions
  • Exposure to currency fluctuations
  • Potential for product recalls

Opportunities

  • Expanding into emerging markets
  • Developing new product innovations
  • Acquiring complementary businesses
  • Leveraging e-commerce channels
  • Catering to health-conscious consumers

Threats

  • Intense competition
  • Changing consumer preferences
  • Rising raw material costs
  • Economic downturns
  • Stringent food safety regulations

Competitors and Market Share

competitor logo Key Competitors

  • UNVR.AS
  • KERRY.I

Competitive Landscape

McCormick has a strong competitive position due to its brand recognition, distribution network, and product portfolio. However, it faces competition from other large food companies and smaller, niche players.

Major Acquisitions

Cholula Food Company

  • Year: 2020
  • Acquisition Price (USD millions): 800
  • Strategic Rationale: Expanded McCormick's condiment portfolio and presence in the hot sauce category.

Growth Trajectory and Initiatives

Historical Growth: McCormick has experienced steady growth over the past years through organic growth and acquisitions. Growth rates vary depending on economic conditions and market trends.

Future Projections: Analyst estimates project continued growth for McCormick driven by increasing demand for flavor and the company's strategic initiatives. Consult financial news sources.

Recent Initiatives: Recent strategic initiatives include acquisitions, product innovation, and expansion into new markets. Check the company's press releases.

Summary

McCormick & Company is a robust player in the flavor industry, benefiting from strong brand recognition and a diverse portfolio. Its global presence and innovation drive growth, while supply chain vulnerabilities and intense competition pose challenges. The company's strategic acquisitions support its market position and expansion. Despite potential headwinds, McCormick is well-positioned for continued success in the long term due to its essential product offerings.

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Sources and Disclaimers

Data Sources:

  • McCormick & Company Investor Relations
  • Market Research Reports
  • Financial News Articles
  • Company Filings

Disclaimers:

The information provided is for informational purposes only and should not be considered financial advice. Market data and estimates are subject to change.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About McCormick & Company Incorporated

Exchange NYSE
Headquaters Hunt Valley, MD, United States
IPO Launch date 1972-04-03
President, CEO & Chairman Mr. Brendan M. Foley
Sector Consumer Defensive
Industry Packaged Foods
Full time employees 14100
Full time employees 14100

McCormick & Company, Incorporated manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry. It operates in two segments, Consumer and Flavor Solutions. The Consumer segment offers spices, herbs, and seasonings, as well as condiments and sauces, and desserts. This segment markets its products under the McCormick, French's, Frank's RedHot, Lawry's, Cholula Hot Sauce, Club House, Gourmet Garden, and OLD BAY brands in the Americas; Ducros, Schwartz, Kamis, LA Drogheria, and Vahiné brands in Europe, the Middle East, and Africa; and McCormick and DaQiao brands in the Asia/Pacific, as well as markets desserts under the Aeroplane brand and packaged chilled herbs under the Gourmet Garden brand name; and markets regional and ethnic brands, such as Zatarain's, Stubb's, Thai Kitchen, and Simply Asia. It also supplies its products under the private labels. This segment serves retailers comprising grocery, mass merchandise, warehouse clubs, discount and drug stores, and e-commerce retailers directly and indirectly through distributors and wholesale foodservice suppliers. The Flavor Solutions segment offers seasoning blends, spices and herbs, condiments, coating systems, and compound flavors to multinational food manufacturers and foodservice customers. It serves foodservice customers directly and indirectly through distributors. The company was founded in 1889 and is headquartered in Hunt Valley, Maryland.

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