Company Overview
McCormick & Company, Incorporated manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry. It operates in two segments, Consumer and Flavor Solutions. The Consumer segment offers spices, herbs, and seasonings, as well as condiments and sauces, and desserts. This segment markets its products under the McCormick, French's, Frank's RedHot, Lawry's Cholula Hot Sauce, Gourmet Garden, Club House, and OLD BAY brands in the Americas; Ducros, Schwartz, Kamis, and Drogheria & Alimentari, and Vahiné brands in Europe, the Middle East, and Africa; McCormick and DaQiao brands in China; and McCormick, Aeroplane, and Gourmet Garden brands in Australia, as well as markets regional and ethnic brands, such as Zatarain's, Stubb's, Thai Kitchen, and Simply Asia. It also supplies its products under the private labels. This segment serves retailers comprising grocery, mass merchandise, warehouse clubs, discount and drug stores, and e-commerce retailers directly and indirectly through distributors and wholesale foodservice suppliers. The Flavor Solutions segment offers seasoning blends, spices and herbs, condiments, coating systems, and compound flavors to multinational food manufacturers and foodservice customers. It serves foodservice customers directly and indirectly through distributors. The company was founded in 1889 and is headquartered in Hunt Valley, Maryland.
Company Information
- CEO
- Brendan M. Foley
- Sector
- Consumer Defensive
- Industry
- Packaged Foods
- Employees
- 14100
Contact Information
- Address
- 24 Schilling Road
- Country
- US
Investment Analysis & Insights
Key Investment Highlights
- Market Position: Consumer Defensive leader with 18.90B market capitalization
- Trading Volume: 87.63K shares traded today
- Price Range: 52-week range of $69.13 - $86.24
- Exchange: Listed on New York Stock Exchange
Financial Metrics
Market Analysis for McCormick & Company, Incorporated
McCormick & Company, Incorporated (MKC) operates in the Packaged Foods industry within the Consumer Defensive sector. With a current market capitalization of 18.90B, the company represents a significant player in its market. The stock is currently trading at $70.47 with a positivedaily change of 0.32%.
The company's 14100 employee base and presence on the New York Stock Exchangeexchange position it as a Consumer Defensive sector leader. Investors should consider the stock's P/E ratio of 24.55, beta of 0.66, and 52-week price range from $69.13 to $86.24when evaluating investment opportunities.
Why Invest in McCormick & Company, Incorporated?
Strengths
- • Established market presence in Consumer Defensive
- • Strong financial metrics and market position
- • Listed on major exchange (New York Stock Exchange)
- • Experienced leadership under Brendan M. Foley
Investment Considerations
- • Monitor sector-specific market trends
- • Track quarterly earnings performance
- • Consider market volatility and beta
- • Evaluate long-term growth potential
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About Consumer Defensive Sector
The Consumer Defensive sector includes companies that provide essential products and services that consumers need regardless of economic conditions.