Home Markets Earnings Estimate Forecast on McCormick & Company, Incorporated(MKC)

Earnings Estimate Forecast on McCormick & Company, Incorporated(MKC)


McCormick & Company, Incorporated(MKC): For the most recent quarter end, McCormick & Company, Incorporated reported Annual Earnings of $1.27. Based on the filings, last years Annual Earnings was, $3.78. For the most recent quarter end, MKC reported a surprise Earnings per Share of 0% . The consensus estimate for current quarter is $0.75 and for the current fiscal year, the estimate is $4.09. For the Next fiscal year, the estimate is $4.44 based on the consensus. Sparks based McCormick & Company, Incorporated Last reported the Quarter results on Nov 30, 2016 and the Next earnings date is scheduled to be released on Apr 04, 2017.

McCormick & Company, Incorporated has received $0.75 as the consensus Earnings Estimate for the Quarter ending on Feb 2017 ,According to the estimate provided by 5 Financial Advisor in the Stock Trading Firms. Among 5 Analysts, Bottom line EPS Estimate for the current quarter is $0.73 while the top line estimate is $0.79 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at 1.08%. According to the corporate earnings calendar, McCormick & Company, Incorporated will release next earnings on Apr 04, 2017 with an estimated EPS consensus of $0.75. Based on the consensus of stock financial advisors the stock has a price target of $98.43. Current year estimate on EPS consensus is $4.09. The Estimated EPS rate for Long term growth is $8.8.

McCormick & Company, Incorporated has a Price to Earnings ratio of 26 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 7.54. For the Most Recent Fiscal Year, McCormick & Company, Incorporated has a price to cash ratio of 20.85. For the Trailing twelve month period, company showed a Net Profit Margin of 10.71% and Return on Equity of the stock is 27.97%.

McCormick & Company, Incorporated last declared its Dividend on Dec 28, 2016. For Dividend Investing Stock Market Traders McCormick & Company, Incorporated has a Dividend Yield of 1.91% with an Annual Dividend of $1.88. It has a Payout Ratio of 0.45 and the change in Dividend payout ratio is 0.

McCormick & Company Incorporated Last issued its quarterly earnings results on Jan 25, 2017. The company reported $1.27 EPS for the quarter, missing the analyst consensus estimate by $ -0.01. Analyst had a consensus of $1.28. The company had revenue of $1227.00 million for the quarter, compared to analysts expectations of $1234.74 million. The companys revenue was up 2.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.18 EPS.

Company has reported several Insider transactions to the SEC, on Feb 2, 2017, Michael D Mangan (director) sold 5,000 shares at 95.09 per share price.On Oct 13, 2016, Freeman A Iii Hrabowski (director) sold 2,000 shares at 94.13 per share price.On Jul 14, 2016, Gordon Mckenzie Jr Stetz (Executive Vice President & CFO) sold 38,900 shares at 105.17 per share price.

McCormick & Company, Incorporated (NYSE:MKC) witnessed a decline in the market cap on Wednesday as its shares dropped 0.52% or 0.51 points. After the session commenced at $98.13, the stock reached the higher end at $98.37 while it hit a low of $97.74. With the volume soaring to 669,804 shares, the last trade was called at $98.01. The company has a 52-week high of $107.84. The company has a market cap of $12,270 million and there are 125,192,294 shares in outstanding. The 52-week low of the share price is $88.64.

McCormick & Company, a diversified specialty food company, is a global leader in the manufacture, marketing and distribution of spices, herbs, seasonings, flavorings and other specialty food products to the entire food industry. The company also, through subsidiary corporations, manufactures and markets specialty plastic bottles and tubes for food, personal care and other industries. The company operates in three business segments: consumer; industrial; and packaging.



Please enter your comment!
Please enter your name here