How Is McCormick’s Stock Performance Compared to Other Food & Beverage Stocks?

Company Overview - McCormick & Company, Incorporated is a global leader in flavor, producing and distributing spices, seasonings, and condiments with a market cap of $17 billion, operating in over 150 countries through its Consumer and Flavor Solutions segments [1] Stock Performance - McCormick's stock touched a two-year high of $86.24 on March 10 and is currently trading 25.4% below that peak [2] - MKC stock prices have declined 6.2% over the past three months, underperforming the First Trust Nasdaq Food & Beverage ETF's (FTXG) 2.8% dip during the same period [2] - On a year-to-date basis, MKC stock prices have dropped 15.7% and 21.5% over the past 52 weeks, compared to FTXG's 7% dip in 2025 and 11.9% decline over the past year [3] Financial Performance - McCormick reported Q3 results on October 7, showing a 1.8% growth in organic revenues and an overall topline growth of 2.7% year-over-year to $1.7 billion, surpassing consensus estimates by 60 basis points [4] - The company's adjusted EPS increased by 2.4% year-over-year to $0.85, exceeding consensus estimates by 4.8% [5] Market Position - Despite the stock price decline following the Q3 results, MKC stock maintained positive momentum for three subsequent trading sessions [5] - McCormick has outperformed its peer Hormel Foods Corporation, which experienced a 24.3% drop on a year-to-date basis and a 29.2% plunge over the past year [5] Analyst Ratings - Among the 13 analysts covering MKC stock, the consensus rating is a "Moderate Buy," with a mean price target of $80.21, suggesting a 24.7% upside potential from current price levels [6]