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NYSE:MCKMcKesson Stock Price, Forecast & News

$131.56
-0.52 (-0.39 %)
(As of 04/9/2020 06:31 AM ET)
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Today's Range
$128.81
Now: $131.56
$134.21
50-Day Range
$115.75
MA: $140.23
$170.96
52-Week Range
$111.71
Now: $131.56
$172.18
Volume2.11 million shs
Average Volume4.76 million shs
Market Capitalization$23.28 billion
P/E RatioN/A
Dividend Yield1.24%
Beta0.88
McKesson Corporation provides pharmaceuticals and medical supplies in the United States and internationally. It operates in three segments: U.S. Pharmaceutical and Specialty Solutions, European Pharmaceutical Solutions, and Medical-Surgical Solutions. The company distributes branded, generic, specialty, biosimilar, and over-the-counter pharmaceutical drugs, as well as other healthcare-related products; and offers practice management, technology, clinical support, and business solutions to community-based oncology and other specialty practices. It also provides specialty pharmaceutical solutions for pharmaceutical manufacturers; and medical-surgical supply distribution, logistics, and other services to healthcare providers. In addition, the company operates retail pharmacy chains in Europe and Canada, as well as supports independent pharmacy networks within North America and Europe; and supplies integrated pharmacy management systems, automated dispensing systems, and related services to retail, outpatient, central fill, specialty, and mail order pharmacies. Further, it provides software and analytics, network solutions, and technology-enabled services. The company serves retail national accounts, including national and regional chains, food and drug combinations, mail order pharmacies, and mass merchandisers; independent retail pharmacies; and institutional healthcare providers, such as hospitals, health systems, integrated delivery networks, and long-term care providers, as well as pharmaceutical manufacturers. McKesson Corporation was founded in 1833 and is headquartered in San Francisco, California.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.2Community Rank: 3.1Dividend Strength: 4.2Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.42 out of 5 stars


Industry, Sector and Symbol

Industry Drugs, proprietaries, & sundries
Sub-IndustryHealth Care Distributors
SectorMedical
CUSIP58155Q10
Phone972-446-4800

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$214.32 billion
Cash Flow$29.63 per share
Book Value$43.20 per share

Profitability

Net Income$34 million

Miscellaneous

Employees80,000
Market Cap$23.28 billion
Next Earnings Date5/13/2020 (Estimated)
OptionableOptionable

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McKesson (NYSE:MCK) Frequently Asked Questions

How has McKesson's stock been impacted by COVID-19 (Coronavirus)?

McKesson's stock was trading at $135.17 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, MCK shares have decreased by 2.7% and is now trading at $131.56. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of McKesson?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for McKesson in the last year. There are currently 1 sell rating, 5 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for McKesson.

When is McKesson's next earnings date?

McKesson is scheduled to release its next quarterly earnings announcement on Wednesday, May 13th 2020. View our earnings forecast for McKesson.

How were McKesson's earnings last quarter?

McKesson Co. (NYSE:MCK) issued its quarterly earnings results on Tuesday, February, 4th. The company reported $3.81 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $3.56 by $0.25. The firm had revenue of $59.17 billion for the quarter, compared to analysts' expectations of $59.10 billion. McKesson had a negative net margin of 0.41% and a positive return on equity of 36.40%. McKesson's revenue was up 5.3% on a year-over-year basis. During the same period last year, the firm earned $3.40 earnings per share. View McKesson's earnings history.

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

McKesson announced a quarterly dividend on Wednesday, January 29th. Shareholders of record on Monday, March 2nd will be given a dividend of $0.41 per share on Wednesday, April 1st. This represents a $1.64 annualized dividend and a dividend yield of 1.25%. The ex-dividend date is Friday, February 28th. View McKesson's dividend history.

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

McKesson issued an update on its FY20 earnings guidance on Tuesday, March, 17th. The company provided EPS guidance of $14.67-14.87 for the period, compared to the Thomson Reuters consensus estimate of $14.74.

What price target have analysts set for MCK?

12 Wall Street analysts have issued twelve-month target prices for McKesson's shares. Their forecasts range from $140.00 to $197.00. On average, they expect McKesson's share price to reach $162.73 in the next twelve months. This suggests a possible upside of 23.7% from the stock's current price. View analysts' price targets for McKesson.

Has McKesson been receiving favorable news coverage?

Headlines about MCK stock have been trending very negative on Thursday, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. McKesson earned a news sentiment score of -3.3 on InfoTrie's scale. They also gave news articles about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news aboutMcKesson.

Are investors shorting McKesson?

McKesson saw a increase in short interest in March. As of March 13th, there was short interest totaling 36,482,200 shares, an increase of 93.4% from the February 27th total of 18,860,000 shares. Based on an average daily volume of 3,930,000 shares, the days-to-cover ratio is presently 9.3 days. Currently, 25.6% of the shares of the stock are short sold. View McKesson's Current Options Chain.

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), Gilead Sciences (GILD), CVS Health (CVS), Allergan (AGN), salesforce.com (CRM), UnitedHealth Group (UNH), Intel (INTC), AbbVie (ABBV), Bank of America (BAC) and Johnson & Johnson (JNJ).

Who are McKesson's key executives?

McKesson's management team includes the following people:
  • Mr. John H. Hammergren, Chairman & CEO (Age 60)
  • Britt J. Vitalone, CFO & Exec. VP (Age 50)
  • Ms. Lori A. Schechter, Chief Compliance Officer, Exec. VP & Gen. Counsel (Age 57)
  • Mr. Jorge L. Figueredo, Exec. VP & Chief HR Officer (Age 58)
  • Mr. Bansi Nagji, Exec. VP and Chief Strategy & Bus. Devel. Officer (Age 54)

What is McKesson's stock symbol?

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

Who are McKesson's major shareholders?

McKesson's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include State of Alaska Department of Revenue (0.02%), IFM Investors Pty Ltd (0.01%), Fulton Bank N.A. (0.01%), CHICAGO TRUST Co NA (0.01%), IBM Retirement Fund (0.00%) and Bank of Stockton (0.00%). Company insiders that own McKesson stock include Brian S Tyler, Brian Scott Tyler, Britt J Vitalone, Erin M Lampert, Lori A Schechter, M Christine Jacobs, N Anthony Coles and Sundeep G Reddy. View institutional ownership trends for McKesson.

Which institutional investors are selling McKesson stock?

MCK stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, CHICAGO TRUST Co NA, IFM Investors Pty Ltd, and Bank of Stockton. Company insiders that have sold McKesson company stock in the last year include Brian S Tyler, Brian Scott Tyler, Britt J Vitalone, Lori A Schechter, M Christine Jacobs, and Sundeep G Reddy. View insider buying and selling activity for McKesson.

Which institutional investors are buying McKesson stock?

MCK stock was bought by a variety of institutional investors in the last quarter, including Fulton Bank N.A., and IBM Retirement Fund. View insider buying and selling activity for McKesson.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is McKesson's stock price today?

One share of MCK stock can currently be purchased for approximately $131.56.

How big of a company is McKesson?

McKesson has a market capitalization of $23.28 billion and generates $214.32 billion in revenue each year. The company earns $34 million in net income (profit) each year or $13.57 on an earnings per share basis. McKesson employs 80,000 workers across the globe. View additional information about McKesson.

What is McKesson's official website?

The official website for McKesson is http://www.mckesson.com/.

How can I contact McKesson?

McKesson's mailing address is 6555 STATE HWY 161, IRVING TX, 75039. The company can be reached via phone at 972-446-4800 or via email at [email protected]

This page was last updated on 4/9/2020 by MarketBeat.com Staff

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