EPS for McCormick & Company, Incorporated (MKC) Expected At $1.26

September 16, 2018 - By Michele Cranor

McCormick & Company, Incorporated (NYSE:MKC) LogoInvestors sentiment is 1.28 in 2018 Q2. Its the same as in 2018Q1. It is the same, as 30 investors sold McCormick & Company, Incorporated shares while 200 reduced holdings. only 73 funds opened positions while 221 raised stakes. 104.94 million shares or 5.23% more from 99.72 million shares in 2018Q1 were reported.
Legal General Group Incorporated Public Ltd holds 628,416 shares. Fred Alger Mgmt invested in 0% or 2,673 shares. Cambridge Research Advisors Incorporated invested 0.04% in McCormick & Company, Incorporated (NYSE:MKC). Parsons Cap Management Ri, Rhode Island-based fund reported 20,438 shares. Victory Inc holds 0.01% of its portfolio in McCormick & Company, Incorporated (NYSE:MKC) for 34,358 shares. Argyle Inc holds 4,500 shares. Swiss Savings Bank has invested 0.13% in McCormick & Company, Incorporated (NYSE:MKC). Girard Prtn reported 0.05% in McCormick & Company, Incorporated (NYSE:MKC). Panagora Asset Mgmt owns 25,097 shares. Intrust Bancorporation Na reported 4,594 shares or 0.15% of all its holdings. Livingston Asset Mgmt (Operating As Southport Capital Management) owns 4,189 shares or 0.22% of their US portfolio. Mcf Advsrs Limited Liability holds 0% or 55 shares in its portfolio. Silvercrest Asset Management Gp Ltd stated it has 19,795 shares or 0.02% of all its holdings. Moreover, Town Country Natl Bank Trust Communications Dba First Bankers Trust Communications has 0.19% invested in McCormick & Company, Incorporated (NYSE:MKC) for 3,182 shares. Fdx Incorporated holds 10,224 shares.

Since June 28, 2018, it had 0 insider purchases, and 3 selling transactions for $30.94 million activity. On Monday, July 9 the insider Smith Michael R sold $959,224.

Analysts expect McCormick & Company, Incorporated (NYSE:MKC) to report $1.26 EPS on September, 27.They anticipate $0.14 EPS change or 12.50 % from last quarter’s $1.12 EPS. MKC’s profit would be $165.33 million giving it 26.25 P/E if the $1.26 EPS is correct. After having $1.02 EPS previously, McCormick & Company, Incorporated’s analysts see 23.53 % EPS growth. The stock increased 0.77% or $1.01 during the last trading session, reaching $132.29. About 540,575 shares traded. McCormick & Company, Incorporated (NYSE:MKC) has risen 32.94% since September 16, 2017 and is uptrending. It has outperformed by 17.32% the S&P500.

McCormick & Company, Incorporated (NYSE:MKC) Ratings Coverage

Among 4 analysts covering McCormick \u0026 Co (NYSE:MKC), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. McCormick \u0026 Co had 6 analyst reports since March 28, 2018 according to SRatingsIntel. The stock has “Outperform” rating by Credit Suisse on Wednesday, March 28. As per Wednesday, March 28, the company rating was maintained by Citigroup. The firm earned “Neutral” rating on Friday, June 29 by Citigroup. Vertical Group downgraded McCormick & Company, Incorporated (NYSE:MKC) on Friday, June 29 to “Hold” rating. The firm has “Neutral” rating by UBS given on Wednesday, March 28. Credit Suisse maintained McCormick & Company, Incorporated (NYSE:MKC) on Friday, June 29 with “Outperform” rating.

McCormick & Company, Incorporated makes, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry. The company has market cap of $17.36 billion. The firm operates through two divisions, Consumer and Industrial. It has a 20.96 P/E ratio. The Consumer segment offers spices, herbs, and seasonings, as well as desserts.

More important recent McCormick & Company, Incorporated (NYSE:MKC) news were published by: Fool.com which released: “3 Stocks for Warren Buffett Fans” on September 15, 2018, also Seekingalpha.com published article titled: “Is McCormick Too Expensive Now?”, Fool.com published: “Nike Rebounds, and Amazon.com Injects Itself Into the Pharmacy Sector” on September 12, 2018. More interesting news about McCormick & Company, Incorporated (NYSE:MKC) was released by: Seekingalpha.com and their article: “Consumer Staples Leading” with publication date: August 21, 2018.

McCormick & Company, Incorporated (NYSE:MKC) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.