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In the latest session, Mckesson Corporation (NYSE: MCK) closed at $548.40 up 0.13% from its previous closing price of $547.71. In other words, the price has increased by $0.13 from its previous closing price. On the day, 0.67 million shares were traded. MCK stock price reached its highest trading level at $550.84 during the session, while it also had its lowest trading level at $547.44.
Ratios:
For a deeper understanding of Mckesson Corporation’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 30.87 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.16. For the most recent quarter (mrq), Quick Ratio is recorded 0.47 and its Current Ratio is at 0.93.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Mizuho on August 08, 2024, Reiterated its Neutral rating but revised its target price to $570 from $540 previously.
On February 26, 2024, Leerink Partners started tracking the stock assigning a Outperform rating and target price of $600.
On January 03, 2024, Barclays started tracking the stock assigning a Overweight rating and target price of $537.Barclays initiated its Overweight rating on January 03, 2024, with a $537 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 05 ’24 when TYLER BRIAN S. sold 3,753 shares for $626.03 per share. The transaction valued at 2,349,491 led to the insider holds 82,339 shares of the business.
TYLER BRIAN S. bought 3,753 shares of MCK for $2,349,491 on Aug 05 ’24. On Jul 03 ’24, another insider, TYLER BRIAN S., who serves as the Chief Executive Officer of the company, sold 3,753 shares for $580.92 each. As a result, the insider received 2,180,193 and left with 86,092 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MCK now has a Market Capitalization of 71114866688 and an Enterprise Value of 76622733312. As of this moment, Mckesson’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.53, and their Forward P/E ratio for the next fiscal year is 15.32. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.75. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.23. Its current Enterprise Value per Revenue stands at 0.244 whereas that against EBITDA is 14.896.
Stock Price History:
Over the past 52 weeks, MCK has reached a high of $637.51, while it has fallen to a 52-week low of $404.72. The 50-Day Moving Average of the stock is -6.76%, while the 200-Day Moving Average is calculated to be 4.35%.
Shares Statistics:
For the past three months, MCK has traded an average of 795.10K shares per day and 1323650 over the past ten days. A total of 130.00M shares are outstanding, with a floating share count of 129.37M. Insiders hold about 0.23% of the company’s shares, while institutions hold 89.77% stake in the company. Shares short for MCK as of 1722384000 were 1889263 with a Short Ratio of 2.38, compared to 1719532800 on 1853134. Therefore, it implies a Short% of Shares Outstanding of 1889263 and a Short% of Float of 1.46.
Dividends & Splits
According to the company, the forward annual dividend rate for MCK is 2.48, from 2.48 in the trailing year. Against a Trailing Annual Dividend Yield of 0.0045279437The stock’s 5-year Average Dividend Yield is 0.76.
