|Bid||33.12 x 1800|
|Ask||132.48 x 900|
|Day's range||81.83 - 83.08|
|52-week range||77.05 - 107.02|
|Beta (5Y monthly)||0.45|
|PE ratio (TTM)||32.68|
|Forward dividend & yield||1.48 (1.79%)|
|Ex-dividend date||08 Apr 2022|
|1y target est||N/A|
The demand for spices and flavorings has never been higher, both with consumers and at restaurant chains. McCormick's (NYSE: MKC) dominant market position is helping it benefit from that positive trend. Rather than rising about 6% as expected, McCormick's sales fell 1% overall.
McCormick (NYSE: MKC), a leading purveyor of spices, condiments, and other flavorings, reported earnings this week, and the results are interesting not only for McCormick shareholders, but also for the investing community in general as they might provide some insight into what's to come as earnings season picks up. In its second quarter of 2022, McCormick felt the impact of the macroeconomic headwinds we've been seeing and hearing about for the past few months.
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...