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

September 16, 2018 - By Paula Hilliard

McCormick & Company, Incorporated (NYSE:MKC) LogoInvestors sentiment is 1.28 in 2018 Q2. Its the same as in 2018Q1. It is flat, 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.
5,242 are held by Douglass Winthrop Advsr Ltd Llc. 121,215 were accumulated by Bancorp Of Montreal Can. Bokf Na reported 0.03% in McCormick & Company, Incorporated (NYSE:MKC). Security Company holds 0.01% in McCormick & Company, Incorporated (NYSE:MKC) or 329 shares. Hall Laurie J Trustee accumulated 2,275 shares. Ontario – Canada-based Comml Bank Of Nova Scotia has invested 0.01% in McCormick & Company, Incorporated (NYSE:MKC). Sawgrass Asset Management Ltd Liability Corp reported 65,533 shares or 2.42% of all its holdings. Paloma Partners Mngmt holds 0.01% or 2,819 shares. Kentucky Retirement Sys Ins Tru Fund reported 2,284 shares or 0.06% of all its holdings. Westpac Banking Corporation holds 7,516 shares or 0% of its portfolio. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Investment Management holds 0.05% or 52,000 shares in its portfolio. Eaton Vance Mgmt invested in 0.19% or 690,405 shares. Shell Asset Mngmt owns 130,337 shares for 0.31% of their portfolio. Conning Incorporated, a Connecticut-based fund reported 3,013 shares. Tradition Cap Management Limited Liability Corp reported 2,850 shares or 0.09% of all its holdings.

Since June 28, 2018, it had 0 insider buys, and 3 sales for $30.94 million activity. 8,000 shares were sold by Smith Michael R, worth $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. UBS maintained the stock with “Neutral” rating in Wednesday, March 28 report. The rating was downgraded by Vertical Group on Friday, June 29 to “Hold”. Credit Suisse maintained it with “Outperform” rating and $122 target in Wednesday, March 28 report. Credit Suisse maintained the shares of MKC in report on Friday, June 29 with “Outperform” rating. Citigroup maintained the stock with “Neutral” rating in Wednesday, March 28 report. The firm has “Neutral” rating by Citigroup given on Friday, June 29.

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 Fool.com published article titled: “Nike Rebounds, and Amazon.com Injects Itself Into the Pharmacy Sector”, Seekingalpha.com published: “Consumer Staples Leading” on August 21, 2018. More interesting news about McCormick & Company, Incorporated (NYSE:MKC) was released by: Seekingalpha.com and their article: “Is McCormick Too Expensive Now?” with publication date: August 27, 2018.

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

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