McCormick & Co. Inc. may not be your best bet

McCormick & Co. Inc. may not be your best bet

The firm’s dependence on sales from restaurants and foodservice customers are a good reason why its year-to-date return remains negative.

The stock still trades at 32.6 times the company’s 2022 earnings forecast.

MCCORMICK & CO. INC. (New York symbol MKC; www.mccormick.com) is a spice and seasonings… Read More

McCormick & Co. is a hold for growth ahead

McCormick & Co. is a hold for growth ahead

The firm’s dependence on sales from restaurants and foodservice customers such as school cafeterias are a good reason why its year-to-date return remains negative. 

The stock trades at just 14.4 times the company’s 2021 earnings forecast.

MCCORMICK & CO. INC. (New York symbol MKC; www.mccormick.com) is a.. Read More

Spicemaker adds capacity

MCCORMICK & CO. INC. $86 remains a hold. The company (New York symbol MKC; Income Portfolio, Consumer sector; Shares outstanding: 267.0 million; Market cap: $23.0 billion; Price-to-sales ratio: 3.9; Dividend yield: 1.6%; TSINetwork Rating: Average; www.mccormick.com) continues to benefit from strong consumer sales of its… Read More