Examining Mckesson Corporation (MCK)’s cash flow and debt position

In the latest session, Mckesson Corporation (NYSE: MCK) closed at $450.20 down -0.13% from its previous closing price of $450.78. In other words, the price has decreased by -$0.58 from its previous closing price. On the day, 860739 shares were traded.

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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 23.73 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.25. For the most recent quarter (mrq), Quick Ratio is recorded 0.50 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, Citigroup on March 31, 2023, initiated with a Buy rating and assigned the stock a target price of $420.

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 Nov 07 when TYLER BRIAN S. sold 23,963 shares for $457.51 per share. The transaction valued at 10,963,281 led to the insider holds 43,445 shares of the business.

Smith LeAnn B sold 660 shares of MCK for $304,432 on Nov 03. The EVP & Chief HR Officer now owns 1,325 shares after completing the transaction at $461.26 per share. On Oct 12, another insider, TYLER BRIAN S., who serves as the Chief Executive Officer of the company, sold 10,521 shares for $460.00 each. As a result, the insider received 4,839,660 and left with 67,408 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 59.90B and an Enterprise Value of 64.70B. As of this moment, Mckesson’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.80, and their Forward P/E ratio for the next fiscal year is 14.60. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.83. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.21. Its current Enterprise Value per Revenue stands at 0.22 whereas that against EBITDA is 12.28.

Stock Price History:

Over the past 52 weeks, MCK has reached a high of $473.18, while it has fallen to a 52-week low of $331.75. The 50-Day Moving Average of the stock is 447.21, while the 200-Day Moving Average is calculated to be 401.60.

Shares Statistics:

For the past three months, MCK has traded an average of 756.34K shares per day and 866.89k over the past ten days. A total of 136.00M shares are outstanding, with a floating share count of 132.99M. Insiders hold about 0.06% of the company’s shares, while institutions hold 86.63% stake in the company. Shares short for MCK as of Oct 30, 2023 were 1.49M with a Short Ratio of 1.49M, compared to 2.07M on Sep 28, 2023. Therefore, it implies a Short% of Shares Outstanding of 1.12% and a Short% of Float of 1.12%.

Dividends & Splits

According to the company, the forward annual dividend rate for MCK is 2.34, from 2.24 in the trailing year. Against a Trailing Annual Dividend Yield of 0.50%, it implies a Forward Annual Dividend Yield of 0.55%. The stock’s 5-year Average Dividend Yield is 0.87. The current Payout Ratio is 8.35% for MCK, which recently paid a dividend on Jan 01, 2024 with an ex-dividend date of Nov 29, 2023. Stock splits for the company last occurred on Jan 04, 1998 when the company split stock in a 2:1 ratio.

Earnings Estimates

There are 10 different market analysts currently analyzing its stock. On average, analysts expect EPS of $7.02 for the current quarter, with a high estimate of $7.29 and a low estimate of $6.88, while EPS last year was $6.9. The consensus estimate for the next quarter is $6.75, with high estimates of $6.84 and low estimates of $6.55.

Analysts are recommending an EPS of between $27.61 and $27.1 for the fiscal current year, implying an average EPS of $27.3. EPS for the following year is $30.84, with 12 analysts recommending between $32.88 and $30.23.

Revenue Estimates

A total of 11 analysts have provided revenue estimates for MCK’s current fiscal year. The highest revenue estimate was $306.48B, while the lowest revenue estimate was $303.87B, resulting in an average revenue estimate of $305.16B. In the same quarter a year ago, actual revenue was $276.71B, up 10.30% from the average estimate. Based on 11 analysts’ estimates, the company’s revenue will be $327.75B in the next fiscal year. The high estimate is $333.72B and the low estimate is $319.52B. The average revenue growth estimate for next year is up 7.40% from the average revenue estimate for this year.

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