McCormick & Company, Incorporated (MKC) Earns Media Sentiment Score of 0.16
News headlines about McCormick & Company, Incorporated (NYSE:MKC) have been trending somewhat positive on Sunday, Accern Sentiment reports. The research group rates the sentiment of media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. McCormick & Company, Incorporated earned a daily sentiment score of 0.16 on Accern’s scale. Accern also gave news stories about the company an impact score of 47.0005367613225 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the media headlines that may have effected Accern’s analysis:
- McCormick & Company, Incorporated (MKC)- Price to Earnings Ratio to Watch – Nasdaq Fortune (press release) (nasdaqfortune.com)
- Here’s What to Focus on – McCormick & Company Incorporated (NYSE: MKC) – Alpha Beta Stock (alphabetastock.com)
- Investor’s Guide on McCormick & Company, Incorporated (MKC) and Zayo Group Holdings, Inc. (ZAYO) – NMSU Nеws (nmsunews.com)
- To Measure the collective investor psyche on McCormick & Company, Incorporated (MKC) – Wall Street Morning (wallstreetmorning.com)
- $0.91 EPS Expected for McCormick & Company, Incorporated (MKC) – NMSU Hеrаld (nmsuherald.com)
Shares of MKC stock traded down $1.16 on Friday, reaching $107.81. The company had a trading volume of 1,268,168 shares, compared to its average volume of 847,979. The stock has a market cap of $14,134.43, a PE ratio of 29.14, a P/E/G ratio of 2.33 and a beta of 0.61. McCormick & Company, Incorporated has a 1 year low of $90.25 and a 1 year high of $111.46. The company has a debt-to-equity ratio of 1.73, a current ratio of 0.83 and a quick ratio of 0.42.
A number of research analysts recently issued reports on the company. Zacks Investment Research lowered McCormick & Company, Incorporated from a “buy” rating to a “hold” rating in a report on Tuesday, February 27th. Jefferies Group reaffirmed a “buy” rating and set a $120.00 target price on shares of McCormick & Company, Incorporated in a report on Thursday, January 25th. Stifel Nicolaus lifted their target price on McCormick & Company, Incorporated from $103.00 to $110.00 and gave the stock a “hold” rating in a report on Friday, January 26th. UBS lifted their target price on McCormick & Company, Incorporated from $100.00 to $106.00 and gave the stock a “neutral” rating in a report on Friday, January 26th. Finally, Credit Suisse Group set a $115.00 target price on McCormick & Company, Incorporated and gave the stock a “buy” rating in a report on Tuesday, December 12th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $107.67.
In related news, Director Patricia A. Little sold 6,250 shares of McCormick & Company, Incorporated stock in a transaction dated Monday, January 29th. The stock was sold at an average price of $108.63, for a total value of $678,937.50. Following the transaction, the director now owns 15,497 shares of the company’s stock, valued at approximately $1,683,439.11. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Michael R. Smith sold 2,575 shares of McCormick & Company, Incorporated stock in a transaction dated Tuesday, January 30th. The stock was sold at an average price of $107.96, for a total value of $277,997.00. Following the completion of the transaction, the vice president now directly owns 17,312 shares in the company, valued at approximately $1,869,003.52. The disclosure for this sale can be found here. Company insiders own 19.20% of the company’s stock.
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About McCormick & Company, Incorporated
McCormick & Company, Incorporated is engaged in manufacturing, marketing and distributing spices, seasoning mixes, condiments and other flavorful products to the food industry, including retailers, food manufacturers and foodservice businesses. The Company’s segments include consumer and industrial. The Company is involved in the manufacturing and sales of flavorful products.
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