McCormick & Company Incorporated (MKC)
McCormick & Company Incorporated (Ticker: MKC) is a leading global flavor company renowned for its extensive portfolio of spices, seasoning mixes, and condiments, serving a diverse range of customers including retail outlets, food manufacturers, and foodservice operators. With a strong commitment to quality and innovation, McCormick leverages its decades of expertise to enhance consumer experiences and drive culinary exploration. The company continues to expand its reach through strategic acquisitions and a focus on sustainability, positioning itself as a vital player in the evolving food industry landscape. As consumer preferences shift towards healthier and more diverse flavor options, McCormick is well-poised for growth, capitalizing on its strong brand recognition and comprehensive product offerings.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is decreasing.
- The decline rate of the primary trend is 24.16% per annum.
- MKC price at the close of January 16, 2026 was $67.04 and was higher than the top border of the primary price channel by $2.35 (3.63%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 11.05% per annum.
- MKC price at the close of January 16, 2026 was inside the secondary price channel.
- The direction of the secondary trend is opposite to the direction of the primary trend. This indicates a possible reversal in the direction of the primary trend.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of MKC price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: February 19, 2025
End date: December 10, 2025
a = 5.5004
b = -0.0008
s = 0.0249
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0008) – 1
= -24.16%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0249) – 1
= 10.45%
February 19, 2025 calculations
Top border of price channel:
Exp(Y1,025)
= Exp(a + b × X1,025 + 2 × s)
= Exp(a + b × 1,491 + 2 × s)
= Exp(5.5004 + -0.0008 × 1,491 + 2 × 0.0249)
= Exp(4.4204)
= $83.13
Bottom border of price channel:
Exp(Y1,025)
= Exp(a + b × X1,025 – 2 × s)
= Exp(a + b × 1,491 – 2 × s)
= Exp(5.5004 + -0.0008 × 1,491 – 2 × 0.0249)
= Exp(4.3210)
= $75.26
December 10, 2025 calculations
Top border of price channel:
Exp(Y1,229)
= Exp(a + b × X1,229 + 2 × s)
= Exp(a + b × 1,785 + 2 × s)
= Exp(5.5004 + -0.0008 × 1,785 + 2 × 0.0249)
= Exp(4.1977)
= $66.53
Bottom border of price channel:
Exp(Y1,229)
= Exp(a + b × X1,229 – 2 × s)
= Exp(a + b × 1,785 – 2 × s)
= Exp(5.5004 + -0.0008 × 1,785 – 2 × 0.0249)
= Exp(4.0983)
= $60.24
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 24.16% per annum.
- MKC price at the close of January 16, 2026 was $67.04 and was higher than the top border of the primary price channel by $2.35 (3.63%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: September 15, 2025
End date: January 16, 2026
a = 3.6831
b = 0.0003
s = 0.0235
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0003) – 1
= 11.05%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0235) – 1
= 9.84%
September 15, 2025 calculations
Top border of price channel:
Exp(Y1,168)
= Exp(a + b × X1,168 + 2 × s)
= Exp(a + b × 1,699 + 2 × s)
= Exp(3.6831 + 0.0003 × 1,699 + 2 × 0.0235)
= Exp(4.2179)
= $67.89
Bottom border of price channel:
Exp(Y1,168)
= Exp(a + b × X1,168 – 2 × s)
= Exp(a + b × 1,699 – 2 × s)
= Exp(3.6831 + 0.0003 × 1,699 – 2 × 0.0235)
= Exp(4.1240)
= $61.81
January 16, 2026 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,822 + 2 × s)
= Exp(3.6831 + 0.0003 × 1,822 + 2 × 0.0235)
= Exp(4.2532)
= $70.33
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,822 – 2 × s)
= Exp(3.6831 + 0.0003 × 1,822 – 2 × 0.0235)
= Exp(4.1594)
= $64.03
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 11.05% per annum.
- MKC price at the close of January 16, 2026 was inside the secondary price channel.