There’s No Getting Around McCormick & Co., Inc. (NYSE: MKC) Success

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

MKC belongs to the Consumer Defensive sector of the NYSE while operating in the Packaged Foods industry. The current market capitalization of McCormick & Co., Inc. is $19.84B. A total of 1.73 million shares were traded on the day, compared to an average of 2.13M shares.

In the most recent transaction, LITTLE PATRICIA A sold 20,000 shares of MKC for 75.57 per share on Apr 01 ’24. After the transaction, the Director now owns 24,732 company shares. In a previous transaction on Mar 28 ’24, Montiel Maritza Gomez sold 7,000 shares at 77.00 per share. MKC shares that Director owns now total 5,594.

Among the insiders who sold shares, MANGAN MICHAEL D disposed of 5,000 shares on Feb 15 ’24 at a per-share price of $65.20. This resulted in the Director holding 39,181 shares of MKC after the transaction. In another insider transaction, Schwartz Jeffery D sold 2,000 shares at $64.37 per share on Oct 25 ’23. Company shares held by the Vice President, Gen Counsel now total 55,174.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. McCormick & Co., Inc. pays an annual dividend of $1.62, resulting in a dividend yield of 2.19%, and it has a price to earnings (P/E) ratio of 28.18. MKC’s most recent ex-dividend date was 4/5/2024 when it declared a $0.42 quarterly dividend that was paid in cash on 4/22/2024. Previously, the company paid the dividend on 1/8/2024 with an ex-dividend date of 12/28/2023. The MKC stock dividend was $0.42 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, MKC has a high of $94.39 and a low of $59.13.

As of this writing, MKC has an earnings estimate of $McKesson Corporation per share for the current quarter. EPS was calculated based on a consensus of Marathon Petroleum Corporation estimates, with a high estimate of $Manulife Financial Corporation per share and a lower estimate of $Marsh & McLennan Companies, Inc.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. MKC’s latest balance sheet shows that the firm has $351.70M in Cash & Short Term Investments as of fiscal 2021. There were $5.39B in debt and $3.22B in liabilities at the time. Its Book Value Per Share was $19.49, while its Total Shareholder’s Equity was $4.43B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MKC is Buy with a score of 3.17.

Most Popular

Related Posts