McCormick & Company (MKC) Stock Forecast for 2023 – 2026. Sell or Buy Prediction

McCormick & Company (MKC) Stock Forecast for 2023 – 2026. Sell or Buy?

Last update: September 30, 2023 (07:35)

Sector: Consumer defensive

The share price of McCormick & Company, Inc. (MKC) now

What analysts predict: $88.82
52-week High/Low: $93.96 / $69.85

50/200 Day Moving Average: $84.27 / $83.11

This figure corresponds to the Average Price over the previous 50/200 days. For McCormick & Company stocks, the 50-day moving average is the support level today.

For McCormick & Company stocks, the 200-day moving average is the support level today.

Are you interested in McCormick & Company, Inc. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the McCormick & Company stock price in 2023, 2024, 2025, 2026, 2027. How much will one McCormick & Company share be worth in 2023 - 2027?

When should I take profit in McCormick & Company stock? When should I record a loss on McCormick & Company stock? What are analysts' forecasts for McCormick & Company stock? What is the future of McCormick & Company stock? We forecast McCormick & Company stock performance using neural networks based on historical data on McCormick & Company stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.

McCormick & Company stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals. (Next month, 2023, 2024, 2025, 2026 and 2027) The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for McCormick & Company shares. This happens once a day.




Historical and forecast chart of McCormick & Company stock

The chart below shows the historical price of McCormick & Company stock and a prediction chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the McCormick & Company stock price can be found in the table below.

Long-term forecasts by years.

McCormick & Company daily forecast for a month

Date Target Pes. Opt. Vol., %
Oct 02 101.17 100.28 101.57 1.29
Oct 03 101.20 100.44 102.09 1.65
Oct 04 100.51 99.41 100.99 1.59
Oct 05 100.62 100.32 101.03 0.70
Oct 06 100.52 99.39 101.62 2.24
Oct 07 101.86 101.39 102.16 0.76
Oct 08 101.39 100.41 102.22 1.81
Oct 09 101.19 100.28 101.61 1.33
Oct 10 101.25 100.44 102.17 1.72
Oct 11 100.22 99.65 101.26 1.62
Oct 12 100.31 99.56 101.21 1.65
Oct 13 101.25 100.21 102.33 2.11
Oct 14 101.63 101.01 102.44 1.42
Oct 15 100.94 100.19 101.40 1.21
Oct 16 100.43 99.91 100.75 0.84
Oct 17 100.37 99.41 101.28 1.88
Oct 18 101.21 100.90 101.95 1.04
Oct 19 101.21 100.60 102.35 1.73
Oct 20 100.99 100.42 101.38 0.96
Oct 21 101.18 100.56 101.86 1.30
Oct 22 101.61 100.94 102.55 1.59
Oct 23 100.20 99.12 100.59 1.49
Oct 24 100.40 99.71 100.92 1.21
Oct 25 100.43 99.93 101.26 1.32
Oct 26 99.83 98.93 100.21 1.30
Oct 27 100.34 99.93 100.77 0.84
Oct 28 99.44 98.37 100.30 1.97
Oct 29 98.38 97.93 98.97 1.07
Oct 30 98.85 98.06 99.13 1.09
Oct 31 98.74 97.67 99.50 1.87

McCormick & Company Daily Price Targets


McCormick & Company Stock Forecast 10-02-2023.

Forecast target price for 10-02-2023: $101.17.
Positive dynamics for McCormick & Company shares will prevail with possible volatility of 1.269%.
Pessimistic target level: 100.28
Optimistic target level: 101.57

McCormick & Company Stock Forecast 10-03-2023.

Forecast target price for 10-03-2023: $101.20.
Positive dynamics for McCormick & Company shares will prevail with possible volatility of 1.623%.
Pessimistic target level: 100.44
Optimistic target level: 102.09

McCormick & Company Stock Forecast 10-04-2023.

Forecast target price for 10-04-2023: $100.51.
Negative dynamics for McCormick & Company shares will prevail with possible volatility of 1.561%.
Pessimistic target level: 99.41
Optimistic target level: 100.99

McCormick & Company Stock Forecast 10-05-2023.

Forecast target price for 10-05-2023: $100.62.
Positive dynamics for McCormick & Company shares will prevail with possible volatility of 0.698%.
Pessimistic target level: 100.32
Optimistic target level: 101.03

McCormick & Company Stock Forecast 10-06-2023.

Forecast target price for 10-06-2023: $100.52.
Negative dynamics for McCormick & Company shares will prevail with possible volatility of 2.188%.
Pessimistic target level: 99.39
Optimistic target level: 101.62

McCormick & Company Stock Forecast 10-07-2023.

Forecast target price for 10-07-2023: $101.86.
Positive dynamics for McCormick & Company shares will prevail with possible volatility of 0.754%.
Pessimistic target level: 101.39
Optimistic target level: 102.16

MKC (MKC) Monthly Stock Prediction for 2023

Month Target Pes. Opt. Vol., %
Oct. 102.58 98.63 104.81 5.89
Nov. 107.89 105.93 110.31 3.97
Dec. 110.16 106.15 114.48 7.27

McCormick & Company forecast for this year


McCormick & Company Stock Prediction for Oct 2023

An uptrend is forecast for this month with an optimal target price of $102.579. Pessimistic: $98.63. Optimistic: $104.81


McCormick & Company Stock Prediction for Nov 2023

An uptrend is forecast for this month with an optimal target price of $107.892. Pessimistic: $105.93. Optimistic: $110.31


McCormick & Company Stock Prediction for Dec 2023

An uptrend is forecast for this month with an optimal target price of $110.158. Pessimistic: $106.15. Optimistic: $114.48



McCormick & Company (MKC) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Jan 107.46 101.59 110.69 8.22
Feb 107.01 104.84 108.96 3.78
Mar 103.49 100.66 105.08 4.21
Apr 104.57 99.30 109.26 9.11
May 103.84 101.52 106.60 4.77
Jun 100.35 98.81 104.78 5.70
Jul 100.63 96.69 102.40 5.57
Aug 102.96 101.52 104.54 2.90
Sep 98.78 96.29 103.48 6.95
Oct 97.33 94.33 101.62 7.17
Nov 100.05 96.62 104.67 7.69
Dec 103.48 99.86 105.58 5.42

McCormick & Company (MKC) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 100.22 95.10 103.66 8.26
Feb 97.21 93.67 99.93 6.26
Mar 100.34 97.39 102.37 4.87
Apr 105.46 100.96 109.45 7.76
May 106.13 103.45 107.91 4.13
Jun 100.48 95.91 101.89 5.87
Jul 97.32 95.95 100.04 4.09
Aug 91.19 86.59 94.12 8.00
Sep 89.65 84.88 94.67 10.34
Oct 95.93 92.10 98.21 6.22
Nov 97.47 94.40 102.66 8.04
Dec 96.93 93.13 100.32 7.17

McCormick & Company (MKC) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 93.40 89.61 98.04 8.60
Feb 86.93 82.79 89.67 7.67
Mar 86.14 82.34 90.42 8.94
Apr 84.69 80.42 88.60 9.23
May 87.36 82.83 90.84 8.82
Jun 84.79 83.07 86.45 3.91
Jul 83.78 79.44 88.30 10.03
Aug 86.30 82.44 90.59 9.00
Sep 86.12 83.11 89.92 7.58
Oct 91.31 89.90 93.80 4.16
Nov 88.37 84.65 91.64 7.63
Dec 89.85 87.27 91.48 4.61

McCormick & Company (MKC) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 83.87 82.52 87.05 5.19
Feb 84.05 81.23 87.88 7.57
Mar 86.82 84.93 88.21 3.72
Apr 88.94 85.71 92.62 7.46
May 88.01 83.57 92.81 9.96
Jun 92.75 88.27 95.22 7.30
Jul 99.25 96.68 102.93 6.07
Aug 102.72 98.26 106.60 7.82
Sep 108.90 107.00 112.11 4.56
Oct 105.32 101.86 106.87 4.69
Nov 103.92 98.61 106.76 7.63
Dec 106.97 104.05 110.87 6.15

McCormick & Company information and performance

McCormick & Company is an American food company that manufactures, markets, and markets spices, seasonings, seasonings, and other flavorings for the industrial, restaurant, institutional, and home markets. McCormick, a Fortune 1000 company, has approximately 11,700 employees.

McCormick & Company Address

18 LOVETON CIRCLE, P O BOX 6000, SPARKS, MD, US

Market Capitalization: 20 564 392 000 $

Market capitalization of the McCormick & Company, Inc. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of MKC shares in the company outstanding by the market price of one share.

EBITDA: 1 170 200 000 $

EBITDA of McCormick & Company is earnings before interest, income tax and depreciation of assets.

PE Ratio: 29.56

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: 6.13

Price/earnings to growth

DPS: 1.52

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: 0.0202

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: 2.59

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: 0.273
Quarterly Revenue Growth YOY: 0.08
Trailing PE: 29.56

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: 28.82

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 4.411

Enterprise Value (EV) /Revenue

EV To EBITDA: 24.16

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 251100000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A

McCormick & Company (MKC) stock dividend

McCormick & Company last paid dividends on 07/07/2023. The next scheduled payment will be on 07/24/2023. The amount of dividends is $1.52 per share. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. As soon as information becomes available, we will immediately update the data. Bookmark our portal to stay updated.

Last Split Factor:

Last Split Date: 01/01/1970

Splitting of shares is an increase in the number of securities of the issuing company circulating on the market due to a decrease in their value at constant capitalization.

For example, a 5: 1 ratio means that the value of one share will decrease 5 times, the total amount will increase 5 times. It is important to understand that this procedure does not change the capitalization of the company, as well as the total value of assets held in private hands.




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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.