McCormick & Company, Incorporated (MKC) July 20, 2021 Stock Price, Analysis & Forecast
McCormick & Company, Incorporated (NYSE: MKC) opened the trading session on July 20, 2021, at $88.65, exhibiting a change of -1.0270% versus the previous close at $88.61. During the trading session, the stock price increased to $89.53 and decreased to $87.62. Finally, the stock stabilized at $87.7. Though, considering a long-term perspective, McCormick & Company, Incorporated reported a 52 Week Range within the framework of $81.4-$104.2.
McCormick & Company, Incorporated's shares outstanding currently rate $249.20M, simultaneously with a float of $263.02M. MKC operates in the MANUFACTURING sector of the MISCELLANEOUS FOOD PREPARATIONS & KINDRED PRODUCTS industry and has a market capitalization of $23.43B (as of July 20, 2021). Also worth mentioning that McCormick & Company, Incorporated's 50-day Moving Average stabilized at $87.89, while such index as 200-day Moving Average is currently $88.93.
To determine the company's efficiency, let's take a look at McCormick & Company, Incorporated's conglomerate performance. To date, MKC has full-time employees. McCormick & Company, Incorporated has generated $inf per worker During the last fiscal year. At the same time, MKC's income per employee was $inf. And now, let's take a look at the company's income report. McCormick & Company, Incorporated's Net Income for the last fiscal year was $747.40M, while such index as Income Before Taxes was at the level of $922.30M. MKC's Operating Income was at the mark of $999.50M.
McCormick & Company, Incorporated (MKC) Earnings & Revenue
Talking about the Profitability, MKC reached a Profit Margin of 12.5% and an Operating Margin (TTM) of 18.1%. However, when we touch the questions of management effectiveness, McCormick & Company, Incorporated generated a Return on Equity (TTM) of 18.8% and a Return on Assets (TTM) of 5.84%. A bit more income statements might bring clarity to our overview. According to the results of the latest quarter ended May 31, 2021, McCormick & Company, Incorporated generated Revenue (TTM) of $6.03B, reporting a Quarterly Revenue Growth of 11.1%. As for the Revenue Per Share (TTM), this indicator was at the mark of $22.57. The company's Gross Profit (TTM) was $2.30B, while according to the EBITDA report, it was estimated at $1.25B.
McCormick & Company, Incorporated (NYSE: MKC) Owners & Shares
Finally, let's take a look at the share statistics. As mentioned above, MKC's shares outstanding now amounts to $249.20M, where Shares Short was $4.01M versus the prior month amounted to $4.29M. (Short % of Float was 1.52%). And now, let's overview which kind of investors works with McCormick & Company, Incorporated's stocks. MKC's current ownership accounts for 82.64% institutional investors, while 0.336% of shares belong to the insiders. Also worth mentioning some indicators affecting dividends & splits. Thus, MKC's Forward Annual Dividend Rate is currently at the mark of 1.36, whereas the Dividend Yield is 1.53%, and a Dividend Payout Ratio is 39.1% (Dividend Date: July 26, 2021). The company's Dividend Per Share index thereby is $1.3.
MKC Trading Performance
It's time to observe the current performance indicators for McCormick & Company, Incorporated. MKC's price/earnings to growth ratio during the last reported quarter was 4.59%. The company's PE Ratio stands at 31.45%, while MKC's Beta score is 0.465. Also worth noting that McCormick & Company, Incorporated's Diluted EPS (Earnings per Share) trailing twelve months is at the mark of 2.789. Other valuable indicators are Price To Sales Ratio (TTM), which is currently recorded at 3.966, as well as Price To Book Ratio, which amounts to 5.48.
McCormick & Company, Incorporated Analysis & Estimates
Within the previous 9-day period, McCormick & Company, Incorporated's Average True Range (ATR) was 1.3202, while the stock's Stochastic SlowD moving average was 84.0717%, and the SlowK moving average volumed at 84.0717%.