MKC - MKC マコ―ミック （）

The dividend giants have raised their payouts for 2023.

The company is projecting a return to rising profit margins in 2023.

Shares of McCormick & Co Inc. (NYSE: MKC ) fell by 5.49% in the past three months. When understanding a companies price change over a time period like 3 months, it could be helpful to look at its financials. One key aspect of a companies financials is its debt, but before we understand the importance of debt, let''s look at how much debt McCormick & Co has. McCormick & Co Debt Based on McCormick & Co''s balance sheet as of January 26, 2023, long-term debt is at $3.64 billion and current debt is at $1.51 billion, amounting to $5.15 billion in total debt. Adjusted for $334.00 million in cash-equivalents, the company''s net debt is at $4.82 billion. Let''s define some of the terms we used … Full story available on Benzinga.com

McCormick, the global leader in herbs and spices, didn''t end fiscal 2022 on the strongest footing. See here for an earnings card of MKC stock.

McCormick has seen a soft 2022 as the outlook for 2023 is not convincing either. See why MKC stock is an avoid for me.

Plus Malcolm Ethridge, host of "The Tech Money Podcast," talks about why more interest rate hikes are likely.

The sauces and flavorings business is still growing.

McCormick reported Q3 earnings recently. Check here to see my take on the earnings card and why I consider MKC a hold now.

McCormick & Company, Incorporat found using ticker (MKC) now have 12 analysts in total covering the stock. The consensus rating is ''Hold''. The target price ranges between 100.69 and 66 with the average target price sitting at 81.56. Given that the stocks previous close was at 75.84 this would imply there is a potential upside of 7.5%. There is a 50 day moving average of 82.28 while the 200 day moving average is 91.38. The company has a market cap of $20,028m. Company Website: https://www.mccormickcorporation.com [stock_market_widget type="chart" template="basic" color="green" assets="MKC" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $21,539m based on the market concensus. McCormick & Company, Incorporated manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry. It operates in two segments, Consumer and Flavor Solutions. The Consumer segment offers spices, herbs, and seasonings, as well as condiments and sauces, and desserts.

HUNT VALLEY, Md., Oct. 12, 2022 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, was recognized on Fortune''s 2022 Change the World list, which highlights companies that have made an important social or environmental impact through their core…

McCormick & Company, Incorporat found using ticker (MKC) have now 11 analysts covering the stock. The analyst consensus points to a rating of ''Hold''. The target price ranges between 100.69 and 73 calculating the average target price we see 89.15. Given that the stocks previous close was at 89.03 this is indicating there is a potential upside of .1%. The 50 day moving average now sits at 86.1 and the 200 day moving average is 92.93. The company has a market capitalisation of $23,829m. Find out more information at: https://www.mccormickcorporation.com [stock_market_widget type="chart" template="basic" color="green" assets="MKC" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $23,861m based on the market concensus. McCormick & Company, Incorporated manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry. It operates in two segments, Consumer and Flavor Solutions. The Consumer segment offers spices, herbs, and seasonings, as well as condiments and sauces, and desserts.

https://www.investing.com/news/pro/mccormick--company-pt-lowered-to-87-at-jefferies-432SI-2872519

Related Stocks: META , GOOGL , HPQ , MKC , UNP ,

McCormick & Company, Incorporat found using ticker (MKC) have now 11 analysts covering the stock with the consensus suggesting a rating of ''Hold''. The range between the high target price and low target price is between 100.69 and 73 with the average target price sitting at 90.34. Now with the previous closing price of 88.37 this now indicates there is a potential upside of 2.2%. The day 50 moving average is 86.18 and the 200 day MA is 92.21. The market capitalisation for the company is $23,720m. Find out more information at: https://www.mccormickcorporation.com [stock_market_widget type="chart" template="basic" color="green" assets="MKC" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $24,249m based on the market concensus. McCormick & Company, Incorporated manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry. It operates in two segments, Consumer and Flavor Solutions.

Related Stocks: ROP , MKC , NVDA , COST , ZTS ,