Prev Arrow Stocks

McCormick & Company Incorporated ($MKC) Stock Forecast: Up 5.0% Today

Morpher AI identified a bullish signal. The stock price may continue to rise based on the momentum of the good news.

What is McCormick & Company Incorporated?

McCormick & Co Inc (MKC) is a global leader in spices, herbs, and flavorings, known for its wide range of products that cater to both consumer and industrial markets. The company has a strong reputation for quality and innovation in the food industry.

Why is McCormick & Company Incorporated going up?

MKC stock is up 5.0% on Feb 4, 2026 19:41

  • MKC stock price surged by 2.90% on February 3rd, outperforming the market and closing at $62.87.
  • Positive analyst sentiments have contributed to this increase, with an average target price of $74.03, suggesting a potential 17.74% upside.
  • Despite an overall stock market decline on that day, MKC's stock rose by 3.58%, demonstrating its resilience and competitive edge against industry peers.
  • Investor optimism about MKC's market position, product innovation, and growth potential in the food industry is likely fueling the bullish trend for the company.

MKC Price Chart

MKC Technical Analysis

MKC News

Cheap Dollar Tree Kitchen Gadgets That Are Actually Worth Buying

This article highlights ten affordable and effective kitchen gadgets available at Dollar Tree, personally tested and recommended by the author who has extensive experience in the food industry. From McCormick measuring spoons to a stainless steel chopper, these items offer practical solutions for cooking and baking without a high cost. The author provides tips on their best uses and care, emphasizing their surprising durability and versatility for just $1.25 each.

https://www.thedailymeal.com/2088976/cheap-dollar-tree-kitchen-gadgets-worth-buying/

0 News Article Image Cheap Dollar Tree Kitchen Gadgets That Are Actually Worth Buying

McCormick & Co Inc (MKC) Stock Price Up 2.9% on Feb 3

McCormick & Co Inc (MKC) saw its stock price rise by 2.90% on February 3rd, closing at $62.87. This places MKC 27.10% below its 52-week high and 5.45% above its 52-week low. Analysts have an average target price of $74.03, suggesting a 17.74% upside, while GuruFocus estimates a fair value of $89.18, indicating a potential 41.85% upside.

https://www.gurufocus.com/news/8578393/mccormick-co-inc-mkc-stock-price-up-29-on-feb-3

1 Missing News Article Image McCormick & Co Inc (MKC) Stock Price Up 2.9% on Feb 3

McCormick & Co. Inc. stock outperforms competitors on strong trading day

McCormick & Co. Inc. (MKC) saw its stock rise 3.58% to $63.29 on Tuesday despite an overall poor trading session for the stock market, where the S&P 500 and Dow Jones Industrial Average both declined. The company's stock closed 26.61% below its 52-week high of $86.24. This performance indicates a stronger showing compared to general market trends on that day.

https://www.marketwatch.com/data-news/mccormick-co-inc-stock-outperforms-competitors-on-strong-trading-day-af792f4f-151853e82ce9?mod=mw_quote_news&gaa_at=eafs&gaa_n=AWEtsqezQOcvKYlUNp08Q47sJdc878DAVL3rH38moKXsIUNGKbf-UUPkKzO8&gaa_ts=6982e33d&gaa_sig=SowplIvHkRQNzM-vg_LEramV5Xt4UoqT5SxJ0T-VMMB2h_d0uc1Jr5bRuMEjW4OzXH51yTJEdVZ_UywaxsHnHQ%3D%3D

2 News Article Image McCormick & Co. Inc. stock outperforms competitors on strong trading day

General Mills, Inc. (GIS): A Bull Case Theory

This article summarizes a bullish thesis on General Mills, Inc. (GIS), highlighting its market dominance with iconic brands, attractive valuation, and a clear growth strategy focused on innovation. Despite a previous bearish trend for McCormick & Company, Inc. (MKC), General Mills is positioned as a compelling investment due to its defensive characteristics, consistent dividends, and potential for moderate growth. The article also notes the increased hedge fund interest in GIS but suggests that certain AI stocks may offer higher returns in a shorter timeframe.

https://www.insidermonkey.com/blog/general-mills-inc-gis-a-bull-case-theory-2-1678602/

3 News Article Image General Mills, Inc. (GIS): A Bull Case Theory

J&J Snack Foods (JJSF) Reports Earnings Tomorrow: What To Expect

J&J Snack Foods (JJSF) is set to report earnings, with analysts expecting flat year-on-year revenue at $360.7 million and adjusted earnings of $0.36 per share. Despite past revenue misses, analyst sentiment has remained stable, and the shelf-stable food segment has seen positive investor interest, with JJSF's stock up 5.7% over the last month. Investors will be watching closely as the company reports its results.

https://finviz.com/news/294885/jj-snack-foods-jjsf-reports-earnings-tomorrow-what-to-expect

4 News Article Image J&J Snack Foods (JJSF) Reports Earnings Tomorrow: What To Expect

McCormick & Company Incorporated Price History

26.02.2024 - MKC Stock was up 10.0%

  • McCormick stock saw a significant increase today following better-than-expected first-quarter financial results, including a 3% year-on-year sales growth and adjusted EPS surpassing consensus estimates.
  • Positive market sentiment and strong performance by McCormick contributed to an overall bullish trend in the stock market, with the Dow Jones, NASDAQ, and S&P 500 all showing gains.
  • Analysts and market commentators highlighted the company's solid performance and optimistic outlook, further boosting investor confidence and driving up the stock price.
  • McCormick's impressive performance compared to other prominent companies like Mastercard, Visa, and Hershey showcased its resilience and appeal to investors looking for stability and growth potential in their investments.

04.01.2026 - MKC Stock was up 5.0%

  • MKC stock price surged by 2.90% on February 3rd, outperforming the market and closing at $62.87.
  • Positive analyst sentiments have contributed to this increase, with an average target price of $74.03, suggesting a potential 17.74% upside.
  • Despite an overall stock market decline on that day, MKC's stock rose by 3.58%, demonstrating its resilience and competitive edge against industry peers.
  • Investor optimism about MKC's market position, product innovation, and growth potential in the food industry is likely fueling the bullish trend for the company.

26.02.2024 - MKC Stock was up 10.1%

  • MKC stock witnessed a notable uptrend following the announcement of their Q1 earnings.
  • The company outperformed analysts' forecasts with a 3% year-on-year sales growth and adjusted EPS of 63 cents, exceeding the expected 58 cents.
  • Positive market sentiment towards MKC was reinforced by strong results in conjunction with a generally favorable trading day for U.S. equities, with gains seen in the Dow Jones, NASDAQ, and S&P 500.
  • The robust performance of MKC highlights investor trust in its capacity to deliver impressive financial outcomes and uphold its industry leadership in spices and flavorings.

26.02.2024 - MKC Stock was up 8.4%

  • McCormick & Company reported impressive Q1 2024 earnings with a 3% year-over-year increase in sales, surpassing analyst expectations.
  • The sales growth was primarily driven by the Flavor Solutions segment, which saw a 4% increase, reflecting positive pricing actions and volume growth.
  • Investors reacted positively to the earnings report, leading to a surge in McCormick's stock price as the market recognized the company's strong performance and growth prospects.
  • The overall market sentiment towards MKC was buoyant, with investors showing confidence in the company's ability to deliver solid financial results and maintain its position as a leading player in the food industry.

26.02.2024 - MKC Stock was up 10.4%

  • Earnings per share for McCormick & Co stood at 63 cents, outperforming analyst projections of 58 cents, with revenue reaching $1.60 billion, surpassing expectations by 2.76%.
  • The company's notable growth can be credited to effective cost-cutting strategies and increased pricing, which not only drove the earnings outperformance but also highlighted a 3% rise in year-over-year sales.
  • The positive outlook towards the stock was further influenced by unconfirmed reports of a potential partnership between McCormick & Co and Tesla Inc in electric truck manufacturing, along with general market enthusiasm demonstrated by the Dow Jones index gaining approximately 50 points.
  • The unveiling of a new AI bot by MicroStrategy, a tech company, likely played a role in the overall bullish market momentum, signaling ongoing progress and innovation within the industry, consequently enhancing investor trust in related stocks such as McCormick & Co.

30.11.2025 - MKC Stock was up 0.0%

  • McCormick's recent positive stock movement is influenced by several key factors:
  • Investor confidence has been bolstered by the company's ability to navigate cost challenges and uphold its top position in the spice market.
  • Institutional investors like Swedbank AB and Confluence Investment Management LLC have increased their stakes, reflecting optimism regarding McCormick's future growth.
  • Anticipation surrounding the ex-dividend date has attracted investors seeking to benefit from the upcoming quarterly dividend, contributing to the stock's upward trend.
  • While there have been instances of insider selling and varied analyst recommendations, McCormick's robust quarterly earnings and dividend increments are likely reassuring the market of its resilience amidst obstacles.

27.05.2024 - MKC Stock was up 6.5%

  • McCormick reported better-than-expected second-quarter FY24 earnings, with sales beating analyst consensus estimates.
  • The company's strategic decision to divest its canning business and the increase in pricing offset a decline in volume and product mix, contributing to the positive market sentiment.
  • Despite concerns about overvalued stocks in the market, McCormick's solid financial performance and meeting expectations in Q2 CY2024 likely boosted investor confidence and drove the bullish movement in its stock price.
  • The market's focus on select stocks, like technology stocks, might have also influenced investors to seek out stable and reliable companies like McCormick, contributing to the bullish trend in the stock.

27.05.2024 - MKC Stock was up 5.0%

  • MKC saw a robust increase in its stock price today after releasing its Q2 2024 earnings.
  • The company surpassed analyst projections for both earnings per share and revenue, highlighting a strong financial performance.
  • The decision to sell its canning business, along with the success of its Flavor Solutions and Consumer segments, played a role in fostering positive market sentiment.
  • Investors reacted favorably to McCormick's ability to meet forecasts and achieve strong financial outcomes, leading to a rise in the stock price.

23.00.2026 - MKC Stock was down 5.0%

  • MKC reported Q4 earnings that missed analyst estimates, leading to a bearish movement in the stock price.
  • Despite exceeding revenue expectations and announcing a dividend increase, the EPS of $0.86 fell short of projections, resulting in the stock hitting a new 52-week low.
  • The underperformance of MKC shares can be attributed to the disappointment in earnings, coupled with insider selling and mixed analyst ratings, indicating a lack of confidence in the stock's short-term prospects.
  • While institutional investors have shown interest in the company due to its strong management and core brand strength, the market sentiment towards MKC remains cautious, especially in comparison to its competitors who saw positive market movements.

22.00.2026 - MKC Stock was down 5.4%

  • The bearish movement in McCormick's stock could be attributed to the company's recent board changes, with the retirements of key directors Maritza G. Montiel and W. Anthony Vernon. Investor sentiment may have been impacted by the uncertainty surrounding these transitions.
  • Additionally, the increase in institutional ownership by Vest Financial LLC, despite recent insider selling by executives, could have raised concerns among investors about the company's future performance and strategic direction.
  • The layoff news from Post Consumer Brands, a company in the food industry, could have created a ripple effect in the sector, leading to a broader negative sentiment among investors towards related stocks like McCormick.
  • Overall, the combination of internal changes at McCormick, insider selling, and industry-related layoffs may have contributed to the bearish movement in the stock today. Investors might be cautious about the company's stability and growth prospects in the near term.

22.00.2026 - MKC Stock was down 8.0%

  • McCormick & Company (MKC) experienced a bearish movement today.
  • The stock's decline could be attributed to the overall negative sentiment in the consumer staples sector, as evidenced by Procter & Gamble and McCormick missing revenue and earnings expectations.
  • The addition of new directors, Gavin Hattersley and Rick Dierker, to McCormick's board might have initially been perceived as a positive move, but the market reaction suggests investors may be cautious about the company's future direction under new leadership.
  • Despite the company's recent revenue and EPS beats, the skepticism surrounding the consumer staples sector and the broader market movements likely contributed to the bearish trend in McCormick's stock price today.

22.00.2026 - MKC Stock was down 8.8%

  • McCormick's stock saw a bearish trend due to missing revenue and earnings expectations, leading to a drop in share price.
  • The appointment of new directors, Gavin Hattersley and Rick Dierker, although aimed at refreshing the board, might have caused uncertainty among investors, contributing to the bearish movement.
  • Despite institutional investors like Vest Financial LLC increasing their stake in the company, recent insider selling by executives and the overall market sentiment led to the negative movement in the stock price.
  • The broader market sentiment and industry trends, including the growth in the Gut and Digestive Health Ingredients Market, could have also influenced investor behavior, impacting McCormick's stock performance negatively.
i
Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.