McCormick & Company, Incorporated (MKC)
75.27 USD -2.33 (-3.00%) Volume: 1.64M
McCormick & Company, Incorporated’s stock price stands at 75.27 USD, witnessing a decline of -3.00% this trading session with a trading volume of 1.64M, and marking a YTD percentage change of -1.27%, reflecting its stock market performance.
Latest developments on McCormick & Company, Incorporated
McCormick & Company, Incorporated (NYSE:MKC) has seen a flurry of activity in the stock market recently. Reynders McVeigh Capital Management LLC has purchased shares, while Bank of Nova Scotia and Bank of Montreal Can have trimmed their positions. On the other hand, Wellington Management Group LLP and Invesco Ltd. have acquired shares. Legal & General Group Plc, Aviva PLC, and Trexquant Investment LP have sold off some of their holdings. Despite this activity, McCormick & Co. Inc. stock underperformed on Tuesday compared to its competitors. Russell Investments Group Ltd., Envestnet Asset Management Inc., Resona Asset Management Co. Ltd., and APG Asset Management N.V. are also among the investors making moves in the company’s stock. These developments may be influencing the fluctuations in McCormick & Company‘s stock price today.
McCormick & Company, Incorporated on Smartkarma
Analysts on Smartkarma, like Baptista Research, have been closely monitoring McCormick & Company‘s recent financial results. In a report on the first quarter of 2025, the company showed modest growth in organic sales, driven by volume and product mix growth. Despite some profitability challenges, the overall outlook was mixed for McCormick.
Baptista Research also highlighted McCormick & Company‘s impressive performance in the fourth quarter and fiscal year 2024. The company’s organic sales saw a 2% increase, mainly due to volume and product mix growth. Despite facing pricing pressures, McCormick managed to achieve commendable results in a challenging global market environment, especially in the Asia Pacific region.
A look at McCormick & Company, Incorporated Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, McCormick & Company has a positive long-term outlook overall. With solid scores in Value, Dividend, and Growth, the company is positioned well for future success. Additionally, high scores in Resilience and Momentum indicate that McCormick & Company is able to adapt to challenges and maintain a strong performance in the market.
McCormick & Company, Inc. is a leading manufacturer, marketer, and distributor of flavor products and specialty food items. Serving a variety of customers in the food industry, including retail stores, food manufacturers, and food service businesses, the company has established itself as a key player in the market. With a balanced combination of financial stability, growth potential, and market momentum, McCormick & Company is well-equipped to thrive in the long term.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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