Citi analyst Thomas Palmer maintains $McCormick & Co (MKC.US)$ with a hold rating, and maintains the target price at $88.
According to TipRanks data, the analyst has a success rate of 47.1% and a total average return of 0.8% over the past year.
Furthermore, according to the comprehensive report, the opinions of $McCormick & Co (MKC.US)$'s main analysts recently are as follows:
Following McCormick's Q3 earnings that surpassed expectations, primarily due to improved gross and operating margins, as well as an upward revision in its financial outlook for FY24, forecasts for FY24 adjusted EPS have been increased.
The company's Q3 results exceeded expectations, though a significant part of this outperformance was due to tax, foreign exchange benefits, and the deferral of SG&A / IT investments to Q4. Additionally, the company's management indicated that the Consumer segment in China performed below expectations, with the APAC region being the only one without volume growth.
McCormick's third-quarter EPS outperformance was notable, and the management's upward adjustment of FY24 guidance was attributed to a specific tax advantage. However, the perception of quality was considered moderate, rather than exceptional, in light of the modest organic sales growth of just 0.4%.
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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花旗分析師Thomas Palmer維持$味好美 (MKC.US)$持有評級，維持目標價88美元。
根據TipRanks數據顯示，該分析師近一年總勝率為47.1%，總平均回報率為0.8%。
此外，綜合報道，$味好美 (MKC.US)$近期主要分析師觀點如下：
繼麥考密克第三季度收益超出預期之後，對24財年調整後每股收益的預測有所上調，這主要是由於毛利率和營業利潤率的提高，以及其24財年財務前景的上調。
該公司第三季度的業績超出了預期，儘管這種跑贏大盤的很大一部分是由於稅收、外匯優惠以及將SG&A/It投資推遲到第四季度所致。此外，該公司的管理層表示，中國的消費品板塊表現低於預期，亞太地區是唯一一個銷量沒有增長的區域。
麥考密克第三季度每股收益跑贏大盤引人注目，管理層對24財年預期的上調歸因於特定的稅收優勢。但是，鑑於有機銷售的溫和增長僅爲0.4％，人們對質量的看法被認爲是中等的，而不是特殊的。
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