|Bid||0.00 x 900|
|Ask||0.00 x 2200|
|Day's range||43.02 - 43.70|
|52-week range||36.42 - 60.69|
|Beta (3Y monthly)||0.67|
|PE ratio (TTM)||12.73|
|Earnings date||19 Mar 2019 - 25 Mar 2019|
|Forward dividend & yield||1.96 (4.56%)|
|1y target est||44.18|
What to Expect from McCormick’s Q4 Results(Continued from Prior Part)Analysts have a neutral outlook McCormick (MKC) has reported a strong sales and earnings growth rate for the past several quarters thanks to the benefits from its RB Foods
What to Expect from McCormick’s Q4 Results(Continued from Prior Part)What analysts expect McCormick (MKC) has reported strong growth in its bottom line in the past several quarters. Higher sales and margin expansion has helped the company to exceed
What to Expect from McCormick’s Q4 Results(Continued from Prior Part)Consensus estimateMcCormick (MKC) has reported stellar top-line growth in the past several quarters. McCormick’s top line has grown at an average rate of 18.2% in the past four
General Mills (GIS) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
What to Expect from McCormick’s Q4 ResultsWhat analysts projectMcCormick (MKC) is scheduled to announce its fourth-quarter results on Thursday, January 24. Wall Street analysts expect McCormick will sustain top-line and bottom-line growth momentum
General Mills (GIS) is well on track with its Consumer First strategy and cost-cutting actions. However, input cost headwinds and sluggish sales in North American unit remain concerns.
Pilgrim's Pride (PPC) gains from sturdy European business. However, weak commodity chicken market and rising costs are headwinds.
It is not uncommon to see companies perform well in the years after insiders buy shares. Unfortunately, there are also plenty of examples of share prices declining precipitously after insiders Read More...
Why CHD and MKC Outperformed Broader Markets (Continued from Prior Part) ## Impressive growth amid challenges Packaged food companies mostly struggled last year as weak demand, promotions, and costs affected their top and bottom lines. However, McCormick (MKC) was an exception and reported stellar financials. The company’s top line has risen by an impressive double-digit percentage rate in the past four quarters, driven by its recent acquisitions. Conagra Brands’ (CAG), Kellogg’s (K), Hershey’s (HSY), J.M. Smucker’s (SJM), and General Mills’ (GIS) recent net sales growth, supported by benefits from acquisitions, has also been impressive. What sets McCormick apart from other major food companies is its impressive organic sales and margin growth. McCormick’s organic sales have grown healthily due to its expanded distribution, new product launches, and shift toward value-added products. Encouragingly, McCormick’s margins have also expanded as most other packaged food makers’ margin growth has been sluggish over the past several quarters. The company’s strong sales, margin expansion, and lower tax cushioned its bottom line, which has grown at a double-digit percentage rate in the past four quarters. ## Outlook McCormick’s top- and bottom-line growth is expected to decelerate in fiscal 2019 as the company faces a tough year-over-year comparison and laps its RB Foods acquisition. However, its organic sales and earnings are expected to sustain their growth momentum. McCormick’s value-added products, expanded distribution, and innovation are expected to drive its top line, while its higher sales and margin improvement are expected to support its bottom line. Analysts expect McCormick’s top line to increase by 3.4% in fiscal 2019, and its adjusted EPS to grow by 7.8%. Continue to Next Part Browse this series on Market Realist: * Part 1 - Why CHD and MKC Outperformed Broader Markets * Part 2 - Where Church & Dwight Stock Could Be Headed * Part 4 - What Wall Street Recommends for MKC and CHD Stock
The buyout of Primal Nutrition will enable Kraft Heinz (KHC) to boost portfolio strength and expand revenue generation capabilities.
NEW YORK, Jan. 07, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
General Mills Stock Is Cheap—Is the Weakness Warranted? Recently, multiple analysts lowered their target prices on GIS. Analysts expect General Mills’ organic sales to remain low owing to the softness in its volumes.
General Mills Stock Is Cheap—Is the Weakness Warranted?(Continued from Prior Part)What Wall Street expects General Mills’ (GIS) earnings remained under pressure recently due to soft sales, weak margins, and higher interest expenses.
General Mills Stock Is Cheap—Is the Weakness Warranted?(Continued from Prior Part)What Wall Street expects General Mills’ (GIS) top line is gaining from incremental sales from its Blue Buffalo acquisition.
General Mills Stock Is Cheap—Is the Weakness Warranted?Low valuation, attractive dividend yield General Mills (GIS) stock is cheap right now. Soft organic sales, a higher interest burden, and earnings pressure have weighed on the company’s financials and its stock.
Kraft Heinz (KHC) has been battling escalated costs and softness in its Canadian business. However, the company is undertaking endeavors to enhance performance.
Lamb Weston (LW) is likely to gain from robust price/mix, strong Global segment and focus on LTOs. These are likely to help the company overcome cost hurdles.