Headlines about McCormick & Company, Incorporated (NYSE:MKC) have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. McCormick & Company, Incorporated earned a daily sentiment score of 0.15 on Accern’s scale. Accern also gave media headlines about the company an impact score of 47.1977746741579 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the media headlines that may have impacted Accern’s analysis:
- McCormick & Company, Incorporated (MKC) EPS Estimated At $0.91 – NMSU Hеrаld (nmsuherald.com)
- McCormick (MKC) Up 12% in 6 months: What's Driving the Stock? (finance.yahoo.com)
- Average True Range Indicator can help out on McCormick & Company, Incorporated (MKC) – Wall Street Morning (wallstreetmorning.com)
- Hot Stock’s Trend Recap – McCormick & Company Incorporated … – Alpha Beta Stock (alphabetastock.com)
- McCormick & Company’s 2018 First Quarter Results Conference Call to be Available on the Web (finance.yahoo.com)
Shares of McCormick & Company, Incorporated (NYSE:MKC) traded down $0.18 during mid-day trading on Wednesday, hitting $110.56. The company’s stock had a trading volume of 777,048 shares, compared to its average volume of 1,063,441. The stock has a market capitalization of $14,512.01, a price-to-earnings ratio of 29.88, a price-to-earnings-growth ratio of 2.40 and a beta of 0.61. McCormick & Company, Incorporated has a 12 month low of $90.25 and a 12 month high of $111.46. The company has a debt-to-equity ratio of 1.73, a quick ratio of 0.42 and a current ratio of 0.83.
Several equities analysts recently commented on the company. Jefferies Group reissued a “buy” rating and issued a $120.00 target price on shares of McCormick & Company, Incorporated in a report on Thursday, January 25th. Credit Suisse Group set a $115.00 target price on McCormick & Company, Incorporated and gave the company a “buy” rating in a report on Tuesday, December 12th. Zacks Investment Research raised McCormick & Company, Incorporated from a “hold” rating to a “buy” rating and set a $115.00 target price on the stock in a report on Tuesday, February 13th. UBS Group increased their target price on McCormick & Company, Incorporated from $100.00 to $106.00 and gave the company a “neutral” rating in a report on Friday, January 26th. Finally, Stifel Nicolaus increased their target price on McCormick & Company, Incorporated from $103.00 to $110.00 and gave the company a “hold” rating in a report on Friday, January 26th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $107.67.
In other McCormick & Company, Incorporated news, VP Michael R. Smith sold 2,575 shares of the firm’s stock in a transaction dated Tuesday, January 30th. The stock was sold at an average price of $107.96, for a total transaction of $277,997.00. Following the transaction, the vice president now owns 17,312 shares of the company’s stock, valued at $1,869,003.52. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Patricia A. Little sold 6,250 shares of the firm’s stock in a transaction dated Monday, January 29th. The stock was sold at an average price of $108.63, for a total value of $678,937.50. Following the transaction, the director now directly owns 15,497 shares in the company, valued at approximately $1,683,439.11. The disclosure for this sale can be found here. Company insiders own 19.20% of the company’s stock.
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McCormick & Company, Incorporated Company Profile
McCormick & Company, Incorporated is engaged in manufacturing, marketing and distributing spices, seasoning mixes, condiments and other flavorful products to the food industry, including retailers, food manufacturers and foodservice businesses. The Company’s segments include consumer and industrial. The Company is involved in the manufacturing and sales of flavorful products.
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