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MKC Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
50.977
Open
50.250
VWAP
49.14
Vol
11.37M
Mkt Cap
13.00B
Low
48.052
Amount
558.65M
EV/EBITDA(TTM)
13.85
Total Shares
268.72M
EV
18.86B
EV/OCF(TTM)
21.01
P/S(TTM)
1.91
McCormick & Company, Incorporated manufactures, markets, and distributes herbs, spices, seasonings, condiments and flavors to the entire food and beverage industry, including retailers, food manufacturers and foodservice businesses. It operates through two segments: consumer and flavor solutions. The consumer segment sells to retail channels, including grocery, mass merchandise, warehouse clubs, discount and drug stores, and e-commerce under the McCormick brand and a variety of brands around the world, including French's, Frank's RedHot, Lawry’s, Zatarain’s, Simply Asia, Thai Kitchen, Ducros, Vahine, Cholula, Schwartz, Club House, Kamis, DaQiao, La Drogheria, Stubb's, OLD BAY, Gourmet Garden, and others. In its flavor solutions segment, it provides a range of products to multinational food manufacturers and foodservice customers. The foodservice customers are supplied with branded, packaged products both directly by the Company and indirectly through distributors.
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Events Timeline

(ET)
2026-03-31
16:30:00
Dow Jones Index Rises 2.49% to 46,341.51
select
2026-03-31
12:00:00
Major Averages Surge, S&P 500 and Nasdaq Weakest Since 2022
select
2026-03-31
10:10:00
McCormick Stock Falls 6.6% to $50.20
select
2026-03-31
09:00:00
Stock Futures Rise as S&P 500 and Nasdaq Face Correction
select
2026-03-31
08:30:00
Comments from Q1 Earnings Conference Call
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News

CNBC
8.5
03-31CNBC
PinnedUnilever in Advanced Talks to Merge with McCormick
  • Merger Negotiations: Unilever is in advanced talks to merge its food business with McCormick, with a deal potentially valued at approximately $15.7 billion, primarily in McCormick equity, which would result in Unilever and its shareholders owning 65% of the combined entity, thereby strengthening its market position in the food sector.
  • Market Reaction: Following President Trump's willingness to end military hostilities with Iran, U.S. stock futures edged up while oil prices reversed to drop in overnight trading, indicating market sensitivity to geopolitical developments that could impact investor confidence and liquidity.
  • Geopolitical Impact: Trump's statements suggest that the U.S. may achieve its military objectives in Iran within weeks, which could affect global energy market stability, particularly the security of the Strait of Hormuz, thereby influencing operational and investment decisions for related companies.
  • Industry Outlook: Should the merger proceed, Unilever aims to enhance its market share in the spices sector through integration with McCormick, increasing product diversity and competitiveness, positioning itself favorably amid rapidly changing consumer demands.
Fool
8.5
04-01Fool
McCormick Merges with Unilever Foods to Enhance Market Dominance
  • Merger Background: McCormick is merging with Unilever Foods, with McCormick shareholders owning 35% and Unilever shareholders also holding 35%, which will further enhance McCormick's dominance in the spices and condiments market.
  • Financial Valuation: Unilever Foods is valued at an enterprise value of $44.8 billion, with an adjusted EBITDA multiple of 13.8 times, while McCormick's enterprise value stands at $21 billion, highlighting their relative market positions.
  • Cost Reduction Goals: The merger is expected to cut approximately $600 million in annual costs and achieve an operating margin of 23%-25% in year three, up from the current 21%, indicating potential financial benefits from the merger.
  • Cultural Integration Challenges: Despite the strategic rationale for the merger, cultural clashes and integration challenges may impact the business, particularly during cost-cutting efforts, which could harm certain business segments.
NASDAQ.COM
8.5
04-01NASDAQ.COM
McCormick Merges with Unilever Foods to Expand Market Dominance
  • Merger Background: McCormick is merging with Unilever's food division, with McCormick shareholders owning 35% of the new entity, aiming to enhance its dominance in the spices and condiments market, although the market reacted negatively with a 6.1% drop in stock price.
  • Financial Valuation: Unilever Foods is valued at an enterprise value of $44.8 billion, with an adjusted EBITDA multiple of 13.8 times, while McCormick's enterprise value stands at $21 billion, indicating a disparity in market valuation between the two companies.
  • Cost Reduction Goals: The merger is expected to achieve approximately $600 million in annual cost savings, targeting an operating margin of 23%-25% in year three, up from the current 21%, suggesting significant financial benefits from the merger.
  • Strategic Implications: This merger will eliminate Unilever as a competitor and further solidify McCormick's leadership in the global seasoning market through economies of scale and cross-selling opportunities.
PRnewswire
7.0
04-01PRnewswire
Halper Sadeh LLC Investigates Mergers of Multiple Companies for Shareholder Rights
  • Merger Investigation: Halper Sadeh LLC is investigating McCormick & Company’s merger with Unilever's Foods business, where McCormick shareholders are expected to own 35% of the combined entity, raising potential concerns about shareholder rights.
  • Corebridge Financial Merger: The merger between Corebridge Financial and Equitable Holdings will allow Corebridge shareholders to hold approximately 51% of the new company, prompting scrutiny over whether this transaction serves the best interests of shareholders.
  • Urgent.ly Sale: Urgent.ly, Inc. is being sold to Agero, Inc. for $5.50 per share, and Halper Sadeh LLC is advocating for shareholders to seek increased consideration and additional rights.
  • Shareholder Rights Protection: The law firm encourages shareholders to reach out to discuss their rights and options at no cost, committing to provide legal services without upfront fees, aiming to protect investors from securities fraud and corporate misconduct.
NASDAQ.COM
4.5
03-31NASDAQ.COM
US Stocks Surge on Hopes for End to Iran War
  • Market Rally: The S&P 500 index rose by 2.91%, the Dow Jones Industrial Average by 2.49%, and the Nasdaq 100 by 3.43%, reflecting market optimism regarding the potential end of the Iran war, which could lower energy prices and ease inflation concerns.
  • Consumer Confidence Boost: The US March consumer confidence index unexpectedly increased by 0.8 to 91.8, surpassing the anticipated decline to 87.9, indicating a strengthening consumer outlook that may drive spending and economic growth.
  • Strength in China: China's March manufacturing PMI rose to 50.4, better than the expected 50.1, signaling signs of economic recovery that could positively impact global growth prospects and further support US stock performance.
  • Falling Bond Yields: The 10-year Treasury note yield dropped to 4.28%, a one-week low, reflecting reduced inflation worries, which may provide support for the stock market and enhance investor interest in equities.
Fool
8.5
03-31Fool
McCormick to Merge with Unilever's Food Business in $45 Billion Deal
  • Merger Scale: McCormick's agreement to merge with Unilever's food business involves a nearly $45 billion deal, where Unilever will receive 65% of McCormick's shares and $15.7 billion in cash, significantly enhancing McCormick's market value.
  • Global Strategy: This merger will integrate McCormick's global spice portfolio with Unilever's food brands, with the combined company expected to exceed $20 billion in annual sales, further solidifying its position in the global food market.
  • Cost Savings Expectations: McCormick anticipates achieving $600 million in cost savings within three years post-merger, while also aiming to increase its sales growth rate to 3%-5% annually, enhancing profitability and supporting ongoing dividend growth.
  • Risks and Challenges: Despite the advantages of scale and diversification, McCormick is acquiring a company more than twice its size, leading to an initial leverage ratio of 4.0 times, which may limit financial flexibility and necessitate a reduction to below 3.0 times within two years.
Wall Street analysts forecast MKC stock price to rise
3 Analyst Rating
Wall Street analysts forecast MKC stock price to rise
3 Buy
0 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
75.00
Averages
83.67
High
89.00
Current: 0.000
sliders
Low
75.00
Averages
83.67
High
89.00
JPMorgan
Thomas Palmer
Overweight
downgrade
$67 -> $64
AI Analysis
2026-04-01
New
Reason
JPMorgan
Thomas Palmer
Price Target
$67 -> $64
AI Analysis
2026-04-01
New
downgrade
Overweight
Reason
JPMorgan analyst Thomas Palmer lowered the firm's price target on McCormick to $64 from $67 and keeps an Overweight rating on the shares. The firm says the company is not getting the "benefit of the doubt" from investors on the food deal.
Stifel
Matthew Smith
Hold
downgrade
$65 -> $55
2026-04-01
New
Reason
Stifel
Matthew Smith
Price Target
$65 -> $55
2026-04-01
New
downgrade
Hold
Reason
Stifel analyst Matthew Smith lowered the firm's price target on McCormick to $55 from $65 and keeps a Hold rating on the shares. The firm holds "a positive view of the strategic merits" of combining McCormick with the Unilever Foods business, but believes a multiple for the Unilever Foods business implied in the combination toward the higher end of its estimated range, along with the structure of the transaction and protracted close period, will weigh on the near-term valuation.
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Valuation Metrics

The current forward P/E ratio for McCormick & Company Inc (MKC.N) is 20.53, compared to its 5-year average forward P/E of 27.28. For a more detailed relative valuation and DCF analysis to assess McCormick & Company Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
27.28
Current PE
20.53
Overvalued PE
31.40
Undervalued PE
23.17

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
19.99
Current EV/EBITDA
14.90
Overvalued EV/EBITDA
22.70
Undervalued EV/EBITDA
17.28

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
3.15
Current PS
1.66
Overvalued PS
3.66
Undervalued PS
2.63

Financials

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Whales Holding MKC

S
State Farm Mutual Automobile Insurance Company
Holding
MKC
+3.96%
3M Return
N
Nichols & Pratt Advisers LLP
Holding
MKC
-1.33%
3M Return
T
The Rockland Trust Investment Management Group
Holding
MKC
-1.38%
3M Return
T
Trillium Asset Management, LLC
Holding
MKC
-1.90%
3M Return
B
Benjamin Edwards, Inc.
Holding
MKC
-1.92%
3M Return
D
Dearborn Partners L.L.C.
Holding
MKC
-2.33%
3M Return

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Frequently Asked Questions

What is McCormick & Company Inc (MKC) stock price today?

The current price of MKC is 48.38 USD — it has decreased -4.08

What is McCormick & Company Inc (MKC)'s business?

McCormick & Company, Incorporated manufactures, markets, and distributes herbs, spices, seasonings, condiments and flavors to the entire food and beverage industry, including retailers, food manufacturers and foodservice businesses. It operates through two segments: consumer and flavor solutions. The consumer segment sells to retail channels, including grocery, mass merchandise, warehouse clubs, discount and drug stores, and e-commerce under the McCormick brand and a variety of brands around the world, including French's, Frank's RedHot, Lawry’s, Zatarain’s, Simply Asia, Thai Kitchen, Ducros, Vahine, Cholula, Schwartz, Club House, Kamis, DaQiao, La Drogheria, Stubb's, OLD BAY, Gourmet Garden, and others. In its flavor solutions segment, it provides a range of products to multinational food manufacturers and foodservice customers. The foodservice customers are supplied with branded, packaged products both directly by the Company and indirectly through distributors.

What is the price predicton of MKC Stock?

Wall Street analysts forecast MKC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MKC is83.67 USD with a low forecast of 75.00 USD and a high forecast of 89.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is McCormick & Company Inc (MKC)'s revenue for the last quarter?

McCormick & Company Inc revenue for the last quarter amounts to 1.87B USD, increased 16.72

What is McCormick & Company Inc (MKC)'s earnings per share (EPS) for the last quarter?

McCormick & Company Inc. EPS for the last quarter amounts to 3.77 USD, increased 528.33

How many employees does McCormick & Company Inc (MKC). have?

McCormick & Company Inc (MKC) has 14100 emplpoyees as of April 02 2026.

What is McCormick & Company Inc (MKC) market cap?

Today MKC has the market capitalization of 13.00B USD.