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S&P 500   3,818.83
DOW   31,029.31
QQQ   283.80
S&P 500   3,818.83
DOW   31,029.31
QQQ   283.80
S&P 500   3,818.83
DOW   31,029.31
QQQ   283.80
S&P 500   3,818.83
DOW   31,029.31
QQQ   283.80
NYSE:MCK

McKesson Stock Forecast, Price & News

$328.06
+6.51 (+2.02%)
(As of 06/29/2022 04:00 PM ET)
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Today's Range
$322.60
$329.67
50-Day Range
$300.57
$336.42
52-Week Range
$186.61
$339.94
Volume
1.08 million shs
Average Volume
1.21 million shs
Market Capitalization
$47.10 billion
P/E Ratio
45.50
Dividend Yield
0.58%
Price Target
$328.69
30 days | 90 days | 365 days | Advanced Chart

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MCK Stock Forecast (MarketRank)

Overall MarketRank

2.90 out of 5 stars

Medical Sector

31st out of 1,432 stocks

Drugs, Proprietaries, & Sundries Industry

4th out of 8 stocks

Analyst Opinion: 2.4Community Rank: 5.0Dividend Strength: 3.3Insider Behavior: 2.5Valuation: 1.3 5 -4 -3 -2 -1 -
McKesson logo

About McKesson (NYSE:MCK)

McKesson Corporation provides healthcare services in the United States and internationally. It operates through four segments: U.S. Pharmaceutical, International, Medical-Surgical Solutions, and Prescription Technology Solutions (RxTS). The U.S. Pharmaceutical segment distributes branded, generic, specialty, biosimilar, and over-the-counter pharmaceutical drugs and other healthcare-related products. This segment also provides practice management, technology, clinical support, and business solutions to community-based oncology and other specialty practices; and consulting, outsourcing, technological, and other services, as well as sells financial, operational, and clinical solutions to pharmacies. The International segment offers distribution and services to wholesale, institutional, and retail customers in 13 European countries and Canada. The Medical-Surgical Solutions segment provides medical-surgical supply distribution, logistics, and other services to healthcare providers. The RxTS segment serves biopharma and life sciences partners and patients to address medication challenges for patients throughout their journeys; connects pharmacies, providers, payers, and biopharma companies to deliver innovative access and adherence solutions; and provides third-party logistics and wholesale distribution support solutions. McKesson Corporation was founded in 1833 and is headquartered in Irving, Texas.

MCK Stock News Headlines

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Industry, Sector and Symbol

Industry
Drugs, proprietaries, & sundries
Sub-Industry
Health Care Distributors
Sector
Medical
CUSIP
58155Q10
Employees
75,000
Year Founded
1833

Company Calendar

Ex-Dividend for 4/1 Dividend
2/28/2022
Dividend Payable
4/01/2022
Last Earnings
5/05/2022
Ex-Dividend for 7/1 Dividend
5/31/2022
Today
6/30/2022
Dividend Payable
7/01/2022
Next Earnings (Estimated)
8/03/2022
Fiscal Year End
3/31/2023

Price Target and Rating

Average Stock Price Forecast
$328.69
High Stock Price Forecast
$380.00
Low Stock Price Forecast
$230.00
Forecasted Upside/Downside
+0.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83333333333333
Research Coverage
12 Analysts

Profitability

Net Income
$1.11 billion
Pretax Margin
0.73%

Debt

Sales & Book Value

Annual Sales
$263.97 billion
Cash Flow
$32.19 per share
Book Value
($12.33) per share

Miscellaneous

Free Float
143,279,000
Market Cap
$47.10 billion
Optionable
Optionable
Beta
0.66

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McKesson Frequently Asked Questions

Should I buy or sell McKesson stock right now?

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for McKesson in the last twelve months. There are currently 2 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" McKesson stock.
View analyst ratings for McKesson
or view top-rated stocks.

What is McKesson's stock price forecast for 2022?

12 brokers have issued 1 year price targets for McKesson's shares. Their MCK stock forecasts range from $230.00 to $380.00. On average, they expect McKesson's share price to reach $328.69 in the next twelve months. This suggests a possible upside of 0.2% from the stock's current price.
View analysts' price targets for McKesson
or view top-rated stocks among Wall Street analysts.

How has McKesson's stock performed in 2022?

McKesson's stock was trading at $248.57 on January 1st, 2022. Since then, MCK stock has increased by 32.0% and is now trading at $328.06.
View the best growth stocks for 2022 here
.

Are investors shorting McKesson?

McKesson saw a drop in short interest during the month of June. As of June 15th, there was short interest totaling 2,480,000 shares, a drop of 22.3% from the May 31st total of 3,190,000 shares. Based on an average trading volume of 1,210,000 shares, the short-interest ratio is presently 2.0 days. Currently, 1.7% of the company's shares are sold short.
View McKesson's Short Interest
.

When is McKesson's next earnings date?

McKesson is scheduled to release its next quarterly earnings announcement on Wednesday, August 3rd 2022.
View our earnings forecast for McKesson
.

How were McKesson's earnings last quarter?

McKesson Co. (NYSE:MCK) issued its quarterly earnings data on Thursday, May, 5th. The company reported $5.83 earnings per share for the quarter, missing the consensus estimate of $6.06 by $0.23. The business had revenue of $66.10 billion for the quarter, compared to analysts' expectations of $63.82 billion. McKesson had a negative trailing twelve-month return on equity of 538.84% and a net margin of 0.42%. The firm's quarterly revenue was up 11.8% compared to the same quarter last year. During the same quarter last year, the business posted $5.05 EPS.
View McKesson's earnings history
.

How often does McKesson pay dividends? What is the dividend yield for McKesson?

McKesson declared a quarterly dividend on Thursday, April 28th. Stockholders of record on Wednesday, June 1st will be given a dividend of $0.47 per share on Friday, July 1st. This represents a $1.88 annualized dividend and a yield of 0.57%. The ex-dividend date of this dividend is Tuesday, May 31st.
View McKesson's dividend history
.

Is McKesson a good dividend stock?

McKesson(NYSE:MCK) pays an annual dividend of $1.88 per share and currently has a dividend yield of 0.58%. McKesson has been increasing its dividend for 15 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of McKesson is 26.07%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, McKesson will have a dividend payout ratio of 7.41% next year. This indicates that McKesson will be able to sustain or increase its dividend.
View McKesson's dividend history.

How will McKesson's stock buyback program work?

McKesson announced that its board has approved a share buyback program on Tuesday, February 2nd 2021, which allows the company to repurchase $2,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy up to 6.9% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company's board of directors believes its stock is undervalued.

What guidance has McKesson issued on next quarter's earnings?

McKesson issued an update on its FY 2023 earnings guidance on Monday, May, 23rd. The company provided earnings per share guidance of $22.90-$23.60 for the period, compared to the consensus estimate of $23.10. The company issued revenue guidance of -.

Who are McKesson's key executives?

McKesson's management team includes the following people:

What is Brian Tyler's approval rating as McKesson's CEO?

220 employees have rated McKesson CEO Brian Tyler on Glassdoor.com. Brian Tyler has an approval rating of 88% among McKesson's employees.

Who are some of McKesson's key competitors?

What other stocks do shareholders of McKesson own?

Based on aggregate information from My MarketBeat watchlists, some companies that other McKesson investors own include Walt Disney (DIS), Johnson & Johnson (JNJ), Gilead Sciences (GILD), CVS Health (CVS), AbbVie (ABBV), Bank of America (BAC), AT&T (T), JPMorgan Chase & Co. (JPM), UnitedHealth Group (UNH) and Home Depot (HD).

What is McKesson's stock symbol?

McKesson trades on the New York Stock Exchange (NYSE) under the ticker symbol "MCK."

How do I buy shares of McKesson?

Shares of MCK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is McKesson's stock price today?

One share of MCK stock can currently be purchased for approximately $328.06.

How much money does McKesson make?

McKesson (NYSE:MCK) has a market capitalization of $47.10 billion and generates $263.97 billion in revenue each year. The company earns $1.11 billion in net income (profit) each year or $7.21 on an earnings per share basis.

How many employees does McKesson have?

McKesson employs 75,000 workers across the globe.

Does McKesson have any subsidiaries?

The following companies are subsidiares of McKesson: A.L.I. Technologies, AMISYS Managed Care Systems, Abaton.com, Access Health, Biologics, Celesio, CoverMyMeds, D & K Healthcare Resources, Drug Trading Co. Ltd., EN-Chart Scanning Program, Echo, Emendo, Enterprise Systems Inc., HBO & Company, HPR, HealthCom Partners, HealthQx, IMNET Systems, LloydsDirect, MED3000, McKesson Europe AG, McKesson Europe Holdings GmbH & Co. KGaA, McKesson Global Procurement & Sourcing Limited, McKesson International Bermuda IP2A Limited, McKesson International Bermuda IP3A Limited, McKesson Ireland Limited, McKesson Medical-Surgical Holdings Inc., McKesson Medical-Surgical Inc., McKesson Medical-Surgical Supply Chain Services LLP, McKesson Medical-Surgical Top Holdings Inc., McKesson Plasma and Biologics LLC, McKesson Specialty Care Distribution LLC, McKesson UK Finance I Limited, McKesson UK Finance II Limited, McKesson US Finance Corporation, McQueary Brothers, MedVentive, Medcon, MediVation Inc., Medical Specialties Distributors, Medis Health And Pharmaceutical Services, Moore Medical, NDCHealth, Oncology Therapeutics Network, PSS World Medical, Per-Se Technologies, Portico Systems, Practice Partner, RedLine HealthCare, RelayHealth, Rexall, Rosebud Solutions, RxCrossroads, Sterling Medical Services LLC, UDG Healthcare, US Oncology, US Oncology Holdings Inc., US Oncology Inc., United Drug (Wholesale) Limited, United Drug Distributors Ireland Limited, Vantage Oncology, Vivalog Technologies, Well.ca, and peerVue.
Read More

When was McKesson founded?

McKesson was founded in 1833.

How can I contact McKesson?

McKesson's mailing address is 6555 STATE HWY 161, IRVING TX, 75039. The official website for McKesson is www.mckesson.com. The company can be reached via phone at (972) 446-4800, via email at [email protected], or via fax at 415-983-8453.

This page (NYSE:MCK) was last updated on 6/30/2022 by MarketBeat.com Staff

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