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The price of Mckesson Corporation (NYSE: MCK) closed at $508.16 in the last session, down -0.68% from day before closing price of $511.62. In other words, the price has decreased by -$0.68 from its previous closing price. On the day, 0.86 million shares were traded. MCK stock price reached its highest trading level at $515.43 during the session, while it also had its lowest trading level at $505.18.
Ratios:
We take a closer look at MCK’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 28.60 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.68. 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, Leerink Partners on September 05, 2024, Reiterated its Outperform rating but revised its target price to $665 from $670 previously.
On August 08, 2024, Mizuho reiterated its Neutral rating and also lowered its target price recommendation from $540 to $570.
On February 26, 2024, Leerink Partners started tracking the stock assigning a Outperform rating and target price of $600.Leerink Partners initiated its Outperform rating on February 26, 2024, with a $600 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Sep 05 ’24 when TYLER BRIAN S. sold 3,753 shares for $561.10 per share. The transaction valued at 2,105,808 led to the insider holds 78,586 shares of the business.
TYLER BRIAN S. bought 3,753 shares of MCK for $2,105,808 on Sep 05 ’24. On Aug 05 ’24, another insider, TYLER BRIAN S., who serves as the Chief Executive Officer of the company, sold 3,753 shares for $626.03 each. As a result, the insider received 2,349,491 and left with 82,339 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 66345369600 and an Enterprise Value of 71404544000. As of this moment, Mckesson’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.73, and their Forward P/E ratio for the next fiscal year is 14.21. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.64. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.21. Its current Enterprise Value per Revenue stands at 0.228 whereas that against EBITDA is 13.881.
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 $428.50. The 50-Day Moving Average of the stock is -9.83%, while the 200-Day Moving Average is calculated to be -4.88%.
Shares Statistics:
According to the various share statistics, MCK traded on average about 906.07K shares per day over the past 3-months and 1148030 shares per day over the past 10 days. A total of 130.00M shares are outstanding, with a floating share count of 129.51M. Insiders hold about 0.13% of the company’s shares, while institutions hold 87.65% stake in the company. Shares short for MCK as of 1724976000 were 1897162 with a Short Ratio of 2.09, compared to 1722384000 on 1889263. Therefore, it implies a Short% of Shares Outstanding of 1897162 and a Short% of Float of 1.46.
Dividends & Splits
The forward annual dividend rate for MCK is 2.57, which was 2.48 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.0048473477The stock’s 5-year Average Dividend Yield is 0.75.
