For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
Mckesson Corporation (NYSE: MCK) closed the day trading at $576.69 down -1.24% from the previous closing price of $583.96. In other words, the price has decreased by -$1.24 from its previous closing price. On the day, 0.95 million shares were traded. MCK stock price reached its highest trading level at $583.49 during the session, while it also had its lowest trading level at $571.3.
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 29.15 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.91. For the most recent quarter (mrq), Quick Ratio is recorded 0.50 and its Current Ratio is at 0.91.
On November 07, 2024, Robert W. Baird Upgraded its rating to Outperform which previously was Neutral and also upped its target price recommendation from $531 to $688.
Robert W. Baird Downgraded its Outperform to Neutral on September 24, 2024, whereas the target price for the stock was revised from $603 to $531.
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 Dec 09 ’24 when Smith LeAnn B sold 579 shares for $602.81 per share. The transaction valued at 349,027 led to the insider holds 1,443 shares of the business.
Smith LeAnn B bought 579 shares of MCK for $349,027 on Dec 09 ’24. On Sep 05 ’24, another insider, TYLER BRIAN S., who serves as the Chief Executive Officer of the company, sold 3,753 shares for $561.10 each. As a result, the insider received 2,105,808 and left with 78,586 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 73205030912 and an Enterprise Value of 78326087680. As of this moment, Mckesson’s Price-to-Earnings (P/E) ratio for their current fiscal year is 29.89, and their Forward P/E ratio for the next fiscal year is 15.72. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.23. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.22. Its current Enterprise Value per Revenue stands at 0.237 whereas that against EBITDA is 16.018.
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 3.45%, while the 200-Day Moving Average is calculated to be 4.15%.
Shares Statistics:
Over the past 3-months, MCK traded about 946.67K shares per day on average, while over the past 10 days, MCK traded about 684830 shares per day. A total of 127.00M shares are outstanding, with a floating share count of 126.80M. Insiders hold about 0.11% of the company’s shares, while institutions hold 88.18% stake in the company. Shares short for MCK as of 1732838400 were 1910720 with a Short Ratio of 2.02, compared to 1730332800 on 2042293. Therefore, it implies a Short% of Shares Outstanding of 1910720 and a Short% of Float of 1.50999995.
Dividends & Splits
MCK’s forward annual dividend rate is 2.66, up from 2.57 a year ago. Against a Trailing Annual Dividend Yield of 0.0044009862The stock’s 5-year Average Dividend Yield is 0.71.
Earnings Estimates
The current rating of Mckesson Corporation (MCK) reflects the combined expertise of 12.0 analysts actively engaged in assessing its market performance.The consensus estimate for the next quarter is $9.34, with high estimates of $9.86 and low estimates of $8.9.
Analysts are recommending an EPS of between $32.9 and $32.1 for the fiscal current year, implying an average EPS of $32.62. EPS for the following year is $36.59, with 15.0 analysts recommending between $37.89 and $34.85.
Revenue Estimates
12 analysts predict $95.86B in revenue for the current quarter. It ranges from a high estimate of $97.57B to a low estimate of $94.04B. As of the current estimate, Mckesson Corporation’s year-ago sales were $80.9BFor the next quarter, 12 analysts are estimating revenue of $91.15B. There is a high estimate of $92.84B for the next quarter, whereas the lowest estimate is $89.55B.
A total of 14 analysts have provided revenue estimates for MCK’s current fiscal year. The highest revenue estimate was $363.34B, while the lowest revenue estimate was $356.53B, resulting in an average revenue estimate of $359.92B. In the same quarter a year ago, actual revenue was $308.95BBased on 15 analysts’ estimates, the company’s revenue will be $393.13B in the next fiscal year. The high estimate is $414.32B and the low estimate is $378.79B.
