​

McCormick (MKC) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

MKC Stock Forecast

McCormick (MKC) stock forecast, based on 27 Wall Street analysts, predicts a 12-month average price target of $91.00, with a high of $91.00 and a low of $91.00. This represents a 20.90% increase from the last price of $75.27.

$65 $71 $77 $83 $89 $95 High: $91 Avg: $91 Low: $91 Last Closed Price: $75.27

MKC Stock Rating

McCormick stock's rating consensus is Hold, based on 27 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 8 Buy (29.63%), 15 Hold (55.56%), 4 Sell (14.81%), and 0 Strong Sell (0.00%).

Hold
Total 27 0 4 15 8 Strong Sell Sell Hold Buy Strong Buy

MKC Price Target Upside V Benchmarks

TypeNameUpside
StockMcCormick20.90%
SectorConsumer Defensive Stocks 8.83%
IndustryPackaged Foods Stocks21.34%

Price Target Trends

1M3M12M
# Anlaysts--9
Avg Price Target--$81.22
Last Closing Price$75.27$75.27$75.27
Upside/Downside--7.90%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 251410-217
Mar, 251510-117
Feb, 251510-117
Jan, 251510-218
Dec, 241411-218
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Dec 09, 2024Rob DickersonJefferies$91.00$77.5017.42%20.90%
Oct 22, 2024Rob DickersonJefferies$85.00$78.867.79%12.93%
Oct 02, 2024Matthew SmithStifel Nicolaus$85.00$84.091.08%12.93%
Oct 01, 2024Adam SamuelsonGoldman Sachs$69.00$84.09-17.95%-8.33%
Oct 01, 2024Rob DickersonJefferies$86.00$84.092.27%14.26%
Oct 01, 2024Arun SundaramCFRA$93.00$82.9212.16%23.56%
Jun 28, 2024John StaszakArgus Research$80.00$70.6013.31%6.28%
Jun 28, 2024Steve PowersDeutsche Bank$73.00$70.603.40%-3.02%
Jun 12, 2024Thomas PalmerCoker Palmer$69.00$69.20-0.29%-8.33%
Apr 02, 2024John StaszakArgus Research$88.00$76.6214.85%16.91%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Oct 23, 2024Cowen & Co.HoldHoldhold
Oct 22, 2024JefferiesHoldHoldhold
Oct 02, 2024Cowen & Co.HoldHoldhold
Oct 01, 2024Goldman SachsSellSellhold
Oct 01, 2024JefferiesHoldHoldhold
Jun 28, 2024Cowen & Co.BuyBuyhold
Jun 28, 2024CitigroupNeutralNeutralhold
Jun 28, 2024Deutsche BankHoldHoldhold
Jun 24, 2024Cowen & Co.HoldHoldhold
Jun 12, 2024CitigroupNeutralupgrade

Financial Forecast

EPS Forecast

Nov 20 Nov 21 Nov 22 Nov 23 Nov 24 Nov 25 Nov 26 Nov 27 Nov 28 Nov 29
Nov 20Nov 21Nov 22Nov 23Nov 24Nov 25Nov 26Nov 27Nov 28Nov 29
Reported$2.80$2.83$2.54$2.54$2.94-----
Avg Forecast$2.85$3.01$2.99$2.64$2.93$3.07$3.32$3.61$3.75$3.94
High Forecast$2.87$3.03$3.58$2.65$2.95$3.17$3.42$3.73$3.79$3.98
Low Forecast$2.84$2.99$2.40$2.62$2.90$3.01$3.24$3.51$3.69$3.88
Surprise %-1.75%-5.98%-15.05%-3.79%0.34%-----

Revenue Forecast

$5B $6B $6B $7B $8B $9B Nov 20 Nov 21 Nov 22 Nov 23 Nov 24 Nov 25 Nov 26 Nov 27 Nov 28 Nov 29
Nov 20Nov 21Nov 22Nov 23Nov 24Nov 25Nov 26Nov 27Nov 28Nov 29
Reported$5.60B$6.32B$6.35B$6.66B$6.72B-----
Avg Forecast$5.61B$6.30B$6.63B$6.70B$6.70B$6.82B$7.06B$7.34B$7.70B$8.01B
High Forecast$5.64B$6.33B$7.95B$6.72B$6.71B$6.87B$7.16B$7.34B$7.76B$8.07B
Low Forecast$5.58B$6.27B$5.30B$6.69B$6.69B$6.73B$6.87B$7.34B$7.60B$7.91B
Surprise %-0.18%0.31%-4.19%-0.60%0.39%-----

Net Income Forecast

$500M $620M $740M $860M $980M $1B Nov 20 Nov 21 Nov 22 Nov 23 Nov 24 Nov 25 Nov 26 Nov 27 Nov 28 Nov 29
Nov 20Nov 21Nov 22Nov 23Nov 24Nov 25Nov 26Nov 27Nov 28Nov 29
Reported$747.40M$755.30M$682.00M$680.60M$788.50M-----
Avg Forecast$691.62M$675.06M$719.41M$680.60M$788.50M$826.64M$894.80M$971.40M$1.01B$1.06B
High Forecast$829.95M$810.07M$863.30M$816.72M$794.48M$853.75M$922.91M$1.01B$1.02B$1.07B
Low Forecast$553.30M$540.05M$575.53M$544.48M$780.97M$810.66M$874.05M$945.02M$993.66M$1.04B
Surprise %8.06%11.89%-5.20%-------

MKC Forecast FAQ

Is McCormick stock a buy?

McCormick stock has a consensus rating of Hold, based on 27 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 8 Buy, 15 Hold, 4 Sell, and 0 Strong Sell, reflecting a consensus that McCormick is a neutral investment for most analysts.

What is McCormick's price target?

McCormick's price target, set by 27 Wall Street analysts, averages $91 over the next 12 months. The price target range spans from $91 at the low end to $91 at the high end, suggesting a potential 20.90% change from the previous closing price of $75.27.

How does McCormick stock forecast compare to its benchmarks?

McCormick's stock forecast shows a 20.90% upside, outperforming the average forecast for the consumer defensive stocks sector (8.83%) and underperforming the packaged foods stocks industry (21.34%).

What is the breakdown of analyst ratings for McCormick over the past three months?

  • April 2025: 5.88% Strong Buy, 23.53% Buy, 58.82% Hold, 0% Sell, 11.76% Strong Sell.
  • March 2025: 5.88% Strong Buy, 29.41% Buy, 58.82% Hold, 0% Sell, 5.88% Strong Sell.
  • February 2025: 5.88% Strong Buy, 29.41% Buy, 58.82% Hold, 0% Sell, 5.88% Strong Sell.

What is McCormick’s EPS forecast?

McCormick's average annual EPS forecast for its fiscal year ending in November 2025 is $3.07, marking a 4.42% increase from the reported $2.94 in 2024. Estimates for the following years are $3.32 in 2026, $3.61 in 2027, $3.75 in 2028, and $3.94 in 2029.

What is McCormick’s revenue forecast?

McCormick's average annual revenue forecast for its fiscal year ending in November 2025 is $6.82B, reflecting a 1.36% increase from the reported $6.72B in 2024. The forecast for 2026 is $7.06B, followed by $7.34B for 2027, $7.7B for 2028, and $8.01B for 2029.

What is McCormick’s net income forecast?

McCormick's net income forecast for the fiscal year ending in November 2025 stands at $826.64M, representing an 4.84% increase from the reported $788.5M in 2024. Projections indicate $894.8M in 2026, $971.4M in 2027, $1.01B in 2028, and $1.06B in 2029.