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McCormick & Company (MKC, Packaged Foods & Meats) Stock Valuation & Fair Value Favorable on our tests

McCormick & Company (MKC, Packaged Foods & Meats) trades at a blended P/E of 14.5, about 38% below its historical normal valuation, with a forward growth estimate of 5.6% and a PEG of 2.59. Analysts' one-year estimates have been hit 91% of the time. Priced at its historical normal P/E of 23.4 on the same blended earnings, the 2026-10-02 close of $44.67 corresponds to about $72.10 a share. This is a valuation reference, not a price target.

Blended P/E
14.5
Normal P/E
23.4
PEG
2.59
Fwd growth
5.6%
Div yield
4.3%
RSI (14)
35.4
Neutral
Technical context
  • Price $45.94 at the 2026-10-08 close, 4.0% below the 20-day average ($47.87) and 10.3% below the 50-day ($51.24).
  • RSI (14) at 35.4.
  • 52-week range $44.14 to $70.38: the price is 34.7% below the high and 4.1% above the low.
  • At its last earnings report the options market priced a 7% move.

The Street vs SeerForecast

Wall Street's mean price target for MKC is $54.85 across 13 analysts, 19.4% above the current price. The average analyst rating is Buy. Our SeerForecast read of the same stock, formed without analyst targets: favorable on our tests. When the two disagree, start your digging there.

Valuation flags

Verdict history

tickerseer's rating moved from mixed on our tests (2026-06-03) to favorable on our tests (2026-10-05).

Blended P/E and rating by weekBlended P/E moved from 15.4 to 14.5 between 2026-06-03 and 2026-10-02, against a normal P/E of 23.4, with 1 rating change over 37 recorded weeks.2026-06-03: P/E 15.4, Mixed on our tests, recalculated for the week of 2026-06-032026-06-10: P/E 15.5, Mixed on our tests, recalculated for the week of 2026-06-102026-06-12: P/E 15.5, Mixed on our tests, recalculated for the week of 2026-06-142026-06-16: P/E 15.5, Mixed on our tests, recalculated for the week of 2026-06-162026-06-18: P/E 15.5, Mixed on our tests, recalculated for the week of 2026-06-212026-07-02: P/E 17.3, Mixed on our tests, recalculated for the week of 2026-07-022026-07-06: P/E 17.5, Mixed on our tests, recalculated for the week of 2026-07-062026-07-09: P/E 17.5, Mixed on our tests, recalculated for the week of 2026-07-092026-07-10: P/E 17.2, Mixed on our tests, recalculated for the week of 2026-07-122026-07-13: P/E 17.2, Mixed on our tests, recalculated for the week of 2026-07-132026-07-14: P/E 17.2, Mixed on our tests, recalculated for the week of 2026-07-142026-07-20: P/E 16.9, Mixed on our tests, recalculated for the week of 2026-07-202026-07-22: P/E 16.9, Mixed on our tests, recalculated for the week of 2026-07-222026-07-24: P/E 16.3, Mixed on our tests, recalculated for the week of 2026-07-252026-07-27: P/E 16.3, Mixed on our tests, recalculated for the week of 2026-07-272026-07-31: P/E 16.7, Mixed on our tests, recalculated for the week of 2026-07-312026-07-31: P/E 16.6, Mixed on our tests, recorded live 2026-08-032026-08-07: P/E 17.1, Mixed on our tests, recalculated for the week of 2026-08-072026-08-07: P/E 17.3, Mixed on our tests, recorded live 2026-08-102026-08-14: P/E 17.8, Mixed on our tests, recalculated for the week of 2026-08-142026-08-14: P/E 17.9, Mixed on our tests, recorded live 2026-08-172026-08-21: P/E 18.0, Mixed on our tests, recalculated for the week of 2026-08-212026-08-21: P/E 18.1, Mixed on our tests, recorded live 2026-08-242026-08-27: P/E 18.1, Mixed on our tests, recalculated for the week of 2026-08-272026-08-28: P/E 17.8, Mixed on our tests, recalculated for the week of 2026-08-282026-08-28: P/E 18.1, Mixed on our tests, recalculated for the week of 2026-08-302026-08-28: P/E 18.1, Mixed on our tests, recorded live 2026-08-312026-09-04: P/E 17.0, Mixed on our tests, recalculated for the week of 2026-09-052026-09-04: P/E 17.0, Mixed on our tests, recorded live 2026-09-072026-09-11: P/E 16.7, Mixed on our tests, recalculated for the week of 2026-09-122026-09-11: P/E 16.7, Mixed on our tests, recorded live 2026-09-142026-09-18: P/E 15.9, Mixed on our tests, recalculated for the week of 2026-09-192026-09-18: P/E 15.9, Mixed on our tests, recorded live 2026-09-212026-09-25: P/E 15.6, Mixed on our tests, recalculated for the week of 2026-09-262026-09-25: P/E 15.6, Mixed on our tests, recorded live 2026-09-282026-10-02: P/E 14.5, Favorable on our tests, recalculated for the week of 2026-10-032026-10-02: P/E 14.5, Favorable on our tests, recorded live 2026-10-0515.017.520.022.5Jun 3Jul 3Aug 2Sep 2Oct 2Normal P/E 23.4
Favorable on our testsMixed on our tests

Not every point was recorded live. Points marked recalculated apply today's valuation rules to the metrics tickerseer archived that week.

Selected weeks: the first, the latest, every week the rating moved, and the cheapest and dearest.

WeekBlended P/EPremium to normal P/ERating
2026-06-03P/E 15.4-34%Mixed on our tests (recalculated)
2026-08-24P/E 18.1-23%Mixed on our tests
2026-10-03P/E 14.5-38%Favorable on our tests (recalculated)
2026-10-05P/E 14.5-38%Favorable on our tests ← now
Show all 37 weeks
WeekBlended P/EPremium to normal P/ERating
2026-06-03P/E 15.4-34%Mixed on our tests (recalculated)
2026-06-10P/E 15.5-34%Mixed on our tests (recalculated)
2026-06-14P/E 15.5-34%Mixed on our tests (recalculated)
2026-06-16P/E 15.5-34%Mixed on our tests (recalculated)
2026-06-21P/E 15.5-34%Mixed on our tests (recalculated)
2026-07-02P/E 17.3-26%Mixed on our tests (recalculated)
2026-07-06P/E 17.5-25%Mixed on our tests (recalculated)
2026-07-09P/E 17.5-25%Mixed on our tests (recalculated)
2026-07-12P/E 17.2-27%Mixed on our tests (recalculated)
2026-07-13P/E 17.2-27%Mixed on our tests (recalculated)
2026-07-14P/E 17.2-27%Mixed on our tests (recalculated)
2026-07-20P/E 16.9-28%Mixed on our tests (recalculated)
2026-07-22P/E 16.9-28%Mixed on our tests (recalculated)
2026-07-25P/E 16.3-30%Mixed on our tests (recalculated)
2026-07-27P/E 16.3-30%Mixed on our tests (recalculated)
2026-07-31P/E 16.7-29%Mixed on our tests (recalculated)
2026-08-03P/E 16.6-29%Mixed on our tests
2026-08-07P/E 17.1-27%Mixed on our tests (recalculated)
2026-08-10P/E 17.3-26%Mixed on our tests
2026-08-14P/E 17.8-24%Mixed on our tests (recalculated)
2026-08-17P/E 17.9-24%Mixed on our tests
2026-08-21P/E 18.0-23%Mixed on our tests (recalculated)
2026-08-24P/E 18.1-23%Mixed on our tests
2026-08-27P/E 18.1-23%Mixed on our tests (recalculated)
2026-08-28P/E 17.8-24%Mixed on our tests (recalculated)
2026-08-30P/E 18.1-23%Mixed on our tests (recalculated)
2026-08-31P/E 18.1-23%Mixed on our tests
2026-09-05P/E 17.0-27%Mixed on our tests (recalculated)
2026-09-07P/E 17.0-27%Mixed on our tests
2026-09-12P/E 16.7-29%Mixed on our tests (recalculated)
2026-09-14P/E 16.7-29%Mixed on our tests
2026-09-19P/E 15.9-32%Mixed on our tests (recalculated)
2026-09-21P/E 15.9-32%Mixed on our tests
2026-09-26P/E 15.6-33%Mixed on our tests (recalculated)
2026-09-28P/E 15.6-33%Mixed on our tests
2026-10-03P/E 14.5-38%Favorable on our tests (recalculated)
2026-10-05P/E 14.5-38%Favorable on our tests ← now

Earnings moves: MKC moved more than the options market implied in 0 of 1 recent tracked reports.

Frequently asked questions

Is McCormick & Company stock overvalued?

At a blended P/E of 14.5 versus its historical normal P/E of 23.4, McCormick & Company trades about 38% below its typical valuation, with a PEG of 2.59 on 5.6% forward growth. tickerseer currently rates it favorable on our tests.

What is McCormick & Company's fair value and PEG?

McCormick & Company trades at a blended P/E of 14.5 against a historical normal P/E of 23.4, a PEG of 2.59, and a forward growth estimate of 5.6%. Priced at its historical normal P/E of 23.4 on the same blended earnings, the 2026-10-02 close of $44.67 corresponds to about $72.10 a share. This is a valuation reference, not a price target.

Has tickerseer's rating of McCormick & Company changed?

tickerseer's rating moved from mixed on our tests (2026-06-03) to favorable on our tests (2026-10-05).

What is the analyst price target for McCormick & Company?

The mean Wall Street price target for McCormick & Company is $54.85 across 13 analysts, 19.4% above the current price. tickerseer's SeerForecast verdict is formed independently of analyst targets.

Industry: Packaged Foods & Meats. Create a free account to see the full analysis: the SeerAI score, its five quality sub-scores, valuation history, and the AI research note. Options setups and metric history are part of the paid plans.

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