McCormick & Company operates in the food industry with a market cap of $17.7 billion, offering various flavor products under well-known brands like McCormick and Frank’s RedHot. Despite underperforming the S&P 500, MKC surged 2.2% after reporting Q3 earnings exceeding expectations. Analysts predict a 2.4% growth in EPS for the current fiscal year.

Analysts remain bullish on MKC, with a consensus rating of “Moderate Buy” based on strong buy and hold ratings. AllianceBernstein Holding L.P. analyst Alexia Burland Howard maintained a “Buy” rating on MKC with a price target of $91, suggesting a 38% potential upside from current levels. MKC’s earnings history shows a mix of beating and missing estimates in recent quarters.

Read more at Yahoo Finance: Are Wall Street Analysts Bullish on McCormick & Company Stock?