Better than expected earnings and improved guidance have turned many investors attention towards
MKC
, market weakness hampered a bullish surge today, but it is well worth keeping this stock on strong watch.
Average analysts price target $154
Average analysts recommendation Hold
Short interest 6.7%
P/E ratio 32
Company profile
McCormick & Co., Inc. engages in the manufacture, market and distribution of spices, seasoning mixes, condiments and other flavorful products to retail outlets, food manufacturers and foodservice businesses. It operates through the Consumer and Industrial business segments. The Consumer segment operates by selling to retail channels, including grocery, mass merchandise, warehouse clubs, discount and drug stores, and e-commerce through the following brands: McCormick, Lawry's, Zatarain's, Simply Asia, Thai Kitchen, Ducros, Vahine, Schwartz, Club House, Kamis, Kohinoor and DaQiao. The Industrial segment offers products to food manufacturers and foodservice industry both directly and indirectly through distributors. The company was founded by Willoughby M. McCormick in 1889 and is headquartered in Sparks, MD.
MKC
, market weakness hampered a bullish surge today, but it is well worth keeping this stock on strong watch. Average analysts price target $154
Average analysts recommendation Hold
Short interest 6.7%
P/E ratio 32
Company profile
McCormick & Co., Inc. engages in the manufacture, market and distribution of spices, seasoning mixes, condiments and other flavorful products to retail outlets, food manufacturers and foodservice businesses. It operates through the Consumer and Industrial business segments. The Consumer segment operates by selling to retail channels, including grocery, mass merchandise, warehouse clubs, discount and drug stores, and e-commerce through the following brands: McCormick, Lawry's, Zatarain's, Simply Asia, Thai Kitchen, Ducros, Vahine, Schwartz, Club House, Kamis, Kohinoor and DaQiao. The Industrial segment offers products to food manufacturers and foodservice industry both directly and indirectly through distributors. The company was founded by Willoughby M. McCormick in 1889 and is headquartered in Sparks, MD.