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McCormick & Company (MKC) Gets a Buy from Jefferies
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McCormick Stock Sinks To 52-Week Low - Here's Why
Benzinga (Tue, 31-Mar 12:44 PM ET)
PRNewswire (Tue, 31-Mar 12:15 PM ET)
In its 135-plus-year history, McCormick has become the leading global manufacturer, marketer, and distributor of spices, herbs, extracts, seasonings, and other flavorings. Beyond consumers, McCormick's customer base includes quick-service restaurants, retail grocery chains, and other packaged food and beverage manufacturers. Its reach is extensive, with nearly 40% of sales generated beyond its home turf to 150 countries and territories. In addition to its namesake brand, the firm's portfolio includes Old Bay, Zatarain's, Thai Kitchen, Frank's RedHot, French's, and Cholula, among others.
Mccormick trades on the NYSE stock market under the symbol MKC.
As of April 1, 2026, MKC stock price declined to $48.72 with 5,836,372 million shares trading.
MKC has a beta of 0.47, meaning it tends to be less sensitive to market movements. MKC has a correlation of 0.07 to the broad based SPY ETF.
MKC has a market cap of $13.08 billion. This is considered a Large Cap stock.
In the last 3 years, MKC traded as high as $94.39 and as low as $48.31.
The top ETF exchange traded funds that MKC belongs to (by Net Assets): VTI, VOO, VO, IVV, VTV.
MKC has underperformed the market in the last year with a price return of -38.6% while the SPY ETF gained +18.4%. MKC has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -28.5% and -14.6%, respectively, while the SPY returned -3.7% and -2.1%, respectively.
MKC support price is $49.36 and resistance is $51.52 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MKC shares will trade within this expected range on the day.