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Mckesson Corporation (NYSE: MCK) closed the day trading at $480.49 down -4.85% from the previous closing price of $505.00. In other words, the price has decreased by -$4.85 from its previous closing price. On the day, 3.1 million shares were traded. MCK stock price reached its highest trading level at $488.46 during the session, while it also had its lowest trading level at $464.415.
Ratios:
For a better understanding of MCK, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 27.04 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.67. 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 the company, Robert W. Baird on Sep-25-24, Downgraded its rating to Neutral and sets its target price to $531 from $603 previously.
On September 05, 2024, Leerink Partners reiterated its Outperform rating and also upped its target price recommendation from $670 to $665.
Mizuho reiterated its Neutral rating for the stock on August 08, 2024, while the target price for the stock was revised from $540 to $570.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 62308499456 and an Enterprise Value of 67816386560. As of this moment, Mckesson’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.49, and their Forward P/E ratio for the next fiscal year is 13.44. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.55. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.20. Its current Enterprise Value per Revenue stands at 0.216 whereas that against EBITDA is 13.184.
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 $431.35. The 50-Day Moving Average of the stock is -14.07%, while the 200-Day Moving Average is calculated to be -10.17%.
Shares Statistics:
Over the past 3-months, MCK traded about 921.88K shares per day on average, while over the past 10 days, MCK traded about 1240190 shares per day. A total of 130.00M shares are outstanding, with a floating share count of 129.53M. Insiders hold about 0.11% of the company’s shares, while institutions hold 87.68% stake in the company. Shares short for MCK as of 1724976000 were 1897162 with a Short Ratio of 2.06, 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
MCK’s forward annual dividend rate is 2.57, up from 2.48 a year ago. Against a Trailing Annual Dividend Yield of 0.004910891The stock’s 5-year Average Dividend Yield is 0.75.
