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S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Asian markets sink, with Japan’s Nikkei down 3.5%, as Mideast tensions flare
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Asian markets sink, with Japan’s Nikkei down 3.5%, as Mideast tensions flare
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Asian markets sink, with Japan’s Nikkei down 3.5%, as Mideast tensions flare
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China

McCormick & Company, Incorporated (MKC) Competitors

$72.70
+0.43 (+0.59%)
(As of 04/18/2024 ET)

MKC vs. HRL, TSN, CLX, IFF, CELH, BF.B, CAG, TAP, CPB, and USFD

Should you be buying McCormick & Company, Incorporated stock or one of its competitors? The main competitors of McCormick & Company, Incorporated include Hormel Foods (HRL), Tyson Foods (TSN), Clorox (CLX), International Flavors & Fragrances (IFF), Celsius (CELH), Brown-Forman (BF.B), Conagra Brands (CAG), Molson Coors Beverage (TAP), Campbell Soup (CPB), and US Foods (USFD). These companies are all part of the "consumer staples" sector.

McCormick & Company, Incorporated vs.

Hormel Foods (NYSE:HRL) and McCormick & Company, Incorporated (NYSE:MKC) are both large-cap consumer staples companies, but which is the better business? We will contrast the two businesses based on the strength of their risk, community ranking, valuation, analyst recommendations, dividends, institutional ownership, profitability, media sentiment and earnings.

Hormel Foods has a beta of 0.27, meaning that its share price is 73% less volatile than the S&P 500. Comparatively, McCormick & Company, Incorporated has a beta of 0.74, meaning that its share price is 26% less volatile than the S&P 500.

Hormel Foods pays an annual dividend of $1.13 per share and has a dividend yield of 3.3%. McCormick & Company, Incorporated pays an annual dividend of $1.68 per share and has a dividend yield of 2.3%. Hormel Foods pays out 77.4% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. McCormick & Company, Incorporated pays out 64.1% of its earnings in the form of a dividend. Hormel Foods has raised its dividend for 59 consecutive years and McCormick & Company, Incorporated has raised its dividend for 37 consecutive years. Hormel Foods is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Hormel Foods has higher revenue and earnings than McCormick & Company, Incorporated. Hormel Foods is trading at a lower price-to-earnings ratio than McCormick & Company, Incorporated, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Hormel Foods$12.11B1.55$793.57M$1.4623.55
McCormick & Company, Incorporated$6.66B2.93$680.60M$2.6227.75

In the previous week, McCormick & Company, Incorporated had 2 more articles in the media than Hormel Foods. MarketBeat recorded 8 mentions for McCormick & Company, Incorporated and 6 mentions for Hormel Foods. Hormel Foods' average media sentiment score of 0.93 beat McCormick & Company, Incorporated's score of 0.54 indicating that McCormick & Company, Incorporated is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Hormel Foods
2 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
McCormick & Company, Incorporated
5 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Hormel Foods presently has a consensus price target of $31.00, indicating a potential downside of 9.83%. McCormick & Company, Incorporated has a consensus price target of $77.88, indicating a potential upside of 7.12%. Given Hormel Foods' stronger consensus rating and higher probable upside, analysts plainly believe McCormick & Company, Incorporated is more favorable than Hormel Foods.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Hormel Foods
2 Sell rating(s)
3 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.60
McCormick & Company, Incorporated
2 Sell rating(s)
5 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.00

41.0% of Hormel Foods shares are owned by institutional investors. Comparatively, 79.7% of McCormick & Company, Incorporated shares are owned by institutional investors. 0.7% of Hormel Foods shares are owned by company insiders. Comparatively, 22.9% of McCormick & Company, Incorporated shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

McCormick & Company, Incorporated received 9 more outperform votes than Hormel Foods when rated by MarketBeat users. Likewise, 57.99% of users gave McCormick & Company, Incorporated an outperform vote while only 57.73% of users gave Hormel Foods an outperform vote.

CompanyUnderperformOutperform
Hormel FoodsOutperform Votes
448
57.73%
Underperform Votes
328
42.27%
McCormick & Company, IncorporatedOutperform Votes
457
57.99%
Underperform Votes
331
42.01%

McCormick & Company, Incorporated has a net margin of 10.56% compared to McCormick & Company, Incorporated's net margin of 6.55%. Hormel Foods' return on equity of 14.45% beat McCormick & Company, Incorporated's return on equity.

Company Net Margins Return on Equity Return on Assets
Hormel Foods6.55% 11.51% 6.64%
McCormick & Company, Incorporated 10.56%14.45%5.70%

Summary

McCormick & Company, Incorporated beats Hormel Foods on 16 of the 21 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding MKC and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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MKC vs. The Competition

MetricMcCormick & Company, Incorporatedfood preparations & kindred products IndustryStaples SectorNYSE Exchange
Market Cap$19.51B$3.33B$14.11B$17.11B
Dividend Yield2.34%3.51%2.88%3.62%
P/E Ratio27.7521.2319.3023.27
Price / Sales2.931.255.449.68
Price / Cash20.7812.5334.2016.98
Price / Book3.711.724.494.84
Net Income$680.60M$118.78M$546.63M$970.41M
7 Day Performance-0.97%3.72%-1.94%-3.86%
1 Month Performance6.72%7.26%-5.20%-2.84%
1 Year Performance-14.62%-9.06%-6.09%77.43%

McCormick & Company, Incorporated Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
HRL
Hormel Foods
2.6904 of 5 stars
$33.80
-0.3%
$31.00
-8.3%
-13.5%$18.51B$12.14B23.1520,000
TSN
Tyson Foods
4.6602 of 5 stars
$58.15
+0.1%
$59.80
+2.8%
-3.3%$20.72B$52.94B-23.54139,000Analyst Upgrade
Positive News
CLX
Clorox
3.3114 of 5 stars
$142.44
+1.4%
$149.13
+4.7%
-10.8%$17.68B$7.39B226.108,700Analyst Report
News Coverage
IFF
International Flavors & Fragrances
3.2948 of 5 stars
$82.94
+0.4%
$86.35
+4.1%
-13.0%$21.18B$11.48B-8.2621,500Analyst Upgrade
Short Interest ↑
Analyst Revision
CELH
Celsius
3.7246 of 5 stars
$72.52
-1.3%
$85.10
+17.3%
+139.4%$16.75B$1.32B93.78765Positive News
BF.B
Brown-Forman
2.2629 of 5 stars
$48.71
-1.4%
$65.68
+34.8%
-23.1%$23.02B$4.23B24.235,600Positive News
CAG
Conagra Brands
3.6326 of 5 stars
$30.00
+0.8%
$33.14
+10.5%
-18.4%$14.34B$12.28B15.0818,600Dividend Announcement
TAP
Molson Coors Beverage
3.8159 of 5 stars
$63.26
-2.3%
$68.20
+7.8%
+11.4%$13.65B$13.88B14.5116,500Analyst Report
CPB
Campbell Soup
3.8078 of 5 stars
$43.01
+0.7%
$46.38
+7.8%
-20.7%$12.82B$9.36B16.8014,500Positive News
USFD
US Foods
4.5972 of 5 stars
$51.53
+1.9%
$54.92
+6.6%
+32.0%$12.64B$35.60B25.5130,000

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This page (NYSE:MKC) was last updated on 4/19/2024 by MarketBeat.com Staff

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