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What Wall Street Recommends for MKC and CHD Stock

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Jan. 7 2019, Updated 2:35 p.m. ET

Analysts’ outlook is neutral

Most analysts covering McCormick (MKC) and Church & Dwight (CHD) stock have a neutral outlook, and MKC’s and CHD’s recent uptrend suggests the market has already priced in positives. Both have high valuation multiples: CHD stock is trading at 26.6 times its projected 2019 EPS of $2.47, higher than its historical average of 25.1, and McCormick stock is trading at 25.8 times its fiscal 2019 estimated EPS of $5.39, also higher than its four-year historical average of 23.7.

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Analysts’ ratings and target price for MKC 

Of the 11 analysts covering MKC stock, nine recommend “hold,” one recommends “buy,” and one recommends “sell.” Their consensus target price of $132.82 for MKC is ~3% lower than its January 4 closing price of $136.67.

Analysts’ ratings and target price for CHD

Of the 21 analysts covering CHD stock, ten recommend “hold,” six recommend “buy,” and five recommend “sell.” Their consensus target price of $63.89 for CHD is ~2% lower than its January 4 closing price of $65.06.

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