McCormick is a wide-moat consumer franchise with best-in-class margins and three beats in the last four quarters trading below its 200-day moving average — with earnings nine days away, the technical downtrend may prove transient if the company delivers again, but a persistent free cash flow quality gap warrants ongoing monitoring.
Thesis pillars
- Wide Moat Superior Margins→Stable
- Valuation Margin Of Safety→Stable
- Fcf Conversion Quality Gap→Stable
- +2 more pillars — see the Why tab for full reasoning
McCormick & Company, Incorporat (MKC) Stock Analysis
Recovery setup
Consumer Defensive · Packaged Foods
Sell if holding. Analyst target reached at $53.40 — A.R:R is negative (-0.1) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Cyclical risk: PE expanding 1.8x (earnings normalizing).
McCormick manufactures and distributes herbs, spices, seasonings, condiments, and flavor solutions globally in two segments — Consumer (58% of 2025 net sales) and Flavor Solutions (42%) — with approximately 39% of sales from non-U.S. operations and 14,100 employees. Walmart and... Read more
Sell if holding. Analyst target reached at $53.40 — A.R:R is negative (-0.1) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Cyclical risk: PE expanding 1.8x (earnings normalizing). Chart setup: Death cross but MACD improving, RSI 64. Score 5.3/10, moderate confidence.
Passes 5/8 gates (positive momentum, clean insider activity, earnings proximity 95d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: moderate.
Recent developments
updated 2026-07-06Recent Developments — McCormick & Company, Incorporat
Latest news
- NEWS McCormick (MKC) Set to Report Q2 Earnings with Positive Expectat - GuruFocus — GuruFocus positive
- NEWS McCormick & Company, Incorporated Sees Unusually Large Options Volume (NYSE:MKC) - MarketBeat — MarketBeat neutral
- NEWS McCormick Q2 Earnings Coming Up: Essential Insights for Investors - The Globe and Mail — The Globe and Mail neutral
- NEWS McCormick Q2 Earnings Coming Up: Essential Insights for Investors - TradingView — TradingView neutral
- NEWS McCormick (MKC) Declares Consistent Dividend of $0.48 Per Share - GuruFocus — GuruFocus positive
Generated 2026-07-06T04:40:27Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- LOWCustomerWal-Mart Stores, Inc.12%10-K Item 1: 'Sales to one of our Consumer segment customers, Wal-Mart Stores, Inc., accounted for consolidated sales of approximately 12% in 2025'
- LOWCustomerPepsiCo, Inc.12%10-K Item 1: 'Sales to one of our Flavor Solutions segment customers, PepsiCo, Inc., accounted for consolidated sales of approximately 12% in 2025'
- MEDIUMCustomertop three Flavor Solutions customers49%10-K Item 1: 'the top three customers in our Flavor Solutions segment represented 49% of our global Flavor Solutions sales'
Material Events(8-K, last 90d)
- 2026-05-26Item 5.02LOWCindy Hoots appointed to McCormick Board effective June 1, 2026, joining Audit Committee. Ms. Hoots is recently retired Chief Digital Officer and CIO of AstraZeneca PLC. No departures cited.SEC filing →
- 2026-04-17Item 5.02MEDIUMAndrew Foust, President Americas, appointed Chief Integration Officer for Unilever PLC foods combination. Patrick Davis named Interim President Americas. Foust expected to return to President Americas post-integration.SEC filing →
- 2026-03-18Item 5.02MEDIUMGregory P. Repas retiring as VP & Controller (Principal Accounting Officer) effective April 1, 2026. Julie Giese appointed successor VP & Controller and PAO effective April 1, 2026 at $400,000 annual base salary.SEC filing →
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
2 floor-breakers
Technicals below the gate floor. Component breakdown shows what dragged the score down.static
Growth below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Analyst target reached at $53.40 — A.R:R is negative (-0.1) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Cyclical risk: PE expanding 1.8x (earnings normalizing). Chart setup: Death cross but MACD improving, RSI 64. Prior stop was $49.53. Score 5.3/10, moderate confidence.
Take-profit target: $52.33 (-1.2% upside). Prior stop was $49.53. Stop-loss: $49.53.
Cyclical risk: PE expanding 1.8x (earnings normalizing); Analyst target reached - limited upside remaining; Weak growth.
McCormick & Company, Incorporat trades at a P/E of 8.9 (forward 16.2). TrendMatrix value score: 6.2/10. Verdict: Sell.
20 analysts cover MKC with a consensus score of 3.6/5. Average price target: $60.
What does McCormick & Company, Incorporat do?McCormick manufactures and distributes herbs, spices, seasonings, condiments, and flavor solutions globally in two...
McCormick manufactures and distributes herbs, spices, seasonings, condiments, and flavor solutions globally in two segments — Consumer (58% of 2025 net sales) and Flavor Solutions (42%) — with approximately 39% of sales from non-U.S. operations and 14,100 employees. Walmart and PepsiCo each represented roughly 12% of 2025 consolidated sales, and the top three Flavor Solutions customers accounted for 49% of global Flavor Solutions sales.