Monday, July 9, 2007

McCormick and Co.

McCormick and Co. is among the world’s largest Packaged Foods and Meats sector businesses in the world.  McCormick and Co.’s employees generate $232.0M in profits on $2.807B of revenue.  Global output in the Packaged Foods and Meats business will likely rise substantially over the next 10 years.  Long-term economic growth may lift all boats, but McCormick and Co. is determined to remain a market leader.  Sectoral leadership in the Packaged Foods and Meats segment takes dedication and consistency, but management seeks out-sized growth.

McCormick and Co.’s ticker symbol MKC has recently been trading near $38.18 a share.  The McCormick and Co. corporate headquarters in Sparks MD predicts Packaged Foods and Meats profits will satisfy shareholders in search of risk-appropriate returns.

The significance of market volume is sometimes ignored, but with a total market capitalization of $4.969B ensures sufficient liquidity.  With a beta of 0.61, the company is less volatile than the market as a whole.  When the average equity moves lower, McCormick and Co. moves less aggressively.

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