Comments on: McCormick Check http://www.fatpitchfinancials.com/115/mccormick-check/ Special situation stocks and value investing Tue, 07 Feb 2012 02:35:15 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Alexander Barbara http://www.fatpitchfinancials.com/115/mccormick-check/comment-page-1/#comment-181 Alexander Barbara Thu, 15 Sep 2005 05:10:00 +0000 http://www.fatpitchfinancials.com/?p=115#comment-181 Morningstar says McCormick is the largest spice maker in the world, has a 40% market share, and are eight times larger than any of their competitors. They say it is worth $33 a share and assume a 7% revenue growth rate. Also, I think the stock may have dropped a bit on analyst earnings concensus; this year drpped from $1.67 to $1.60, and next year dropped too. Morningstar says McCormick is the largest spice maker in the world, has a 40% market share, and are eight times larger than any of their competitors. They say it is worth $33 a share and assume a 7% revenue growth rate.

Also, I think the stock may have dropped a bit on analyst earnings concensus; this year drpped from $1.67 to $1.60, and next year dropped too.

]]>