Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.
Mckesson Corporation (NYSE: MCK) closed the day trading at $584.38 down -0.29% from the previous closing price of $586.08. In other words, the price has decreased by -$0.29 from its previous closing price. On the day, 0.79 million shares were traded. MCK stock price reached its highest trading level at $587.71 during the session, while it also had its lowest trading level at $578.06.
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 29.54 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.12. 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 Jan 02 ’25 when Smith LeAnn B sold 579 shares for $572.79 per share. The transaction valued at 331,645 led to the insider holds 864 shares of the business.
Smith LeAnn B bought 579 shares of MCK for $331,645 on Jan 02 ’25. On Dec 09 ’24, another insider, Smith LeAnn B, who serves as the EVP & Chief HR Officer of the company, sold 579 shares for $602.81 each. As a result, the insider received 349,027 and left with 1,443 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 74181197824 and an Enterprise Value of 79302254592. As of this moment, Mckesson’s Price-to-Earnings (P/E) ratio for their current fiscal year is 30.29, and their Forward P/E ratio for the next fiscal year is 15.89. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.20. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.22. Its current Enterprise Value per Revenue stands at 0.24 whereas that against EBITDA is 16.217.
Stock Price History:
The Beta on a monthly basis for MCK is 0.52, which has changed by 0.20161211 over the last 52 weeks, in comparison to a change of 0.24359846 over the same period for the S&P500. Over the past 52 weeks, MCK has reached a high of $637.51, while it has fallen to a 52-week low of $464.42. The 50-Day Moving Average of the stock is -1.89%, while the 200-Day Moving Average is calculated to be 4.34%.
Shares Statistics:
Over the past 3-months, MCK traded about 817.56K shares per day on average, while over the past 10 days, MCK traded about 698660 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 88.34% stake in the company. Shares short for MCK as of 1735603200 were 1569663 with a Short Ratio of 1.92, compared to 1732838400 on 1910720. Therefore, it implies a Short% of Shares Outstanding of 1569663 and a Short% of Float of 1.24.
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 0.0043850667The stock’s 5-year Average Dividend Yield is 0.7. The current Payout Ratio is 10.72% for MCK, which recently paid a dividend on 2024-12-02 with an ex-dividend date of 1733097600. Stock splits for the company last occurred on 1998-01-05 when the company split stock in a 2:1 ratio.
