McKesson Stock Forecast, Price & News

McKesson (NYSE:MCK) Frequently Asked Questions

Is McKesson a buy right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for McKesson in the last twelve months. There are currently 2 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" McKesson stock.
View analyst ratings for McKesson or view top-rated stocks.

What stocks does MarketBeat like better than McKesson?

Wall Street analysts have given McKesson a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but McKesson wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting McKesson?

McKesson saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 2,400,000 shares, an increase of 17.1% from the August 31st total of 2,050,000 shares. Based on an average daily volume of 1,060,000 shares, the short-interest ratio is currently 2.3 days. Approximately 1.6% of the shares of the stock 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 Monday, November 1st 2021.
View our earnings forecast for McKesson.

How can I listen to McKesson's earnings call?

McKesson will be holding an earnings conference call on Monday, November 1st at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

How were McKesson's earnings last quarter?

McKesson Co. (NYSE:MCK) issued its earnings results on Wednesday, August, 4th. The company reported $5.56 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $4.09 by $1.47. The business earned $62.67 billion during the quarter, compared to the consensus estimate of $60.16 billion. McKesson had a positive trailing twelve-month return on equity of 216.39% and a negative net margin of 1.83%. The company's revenue was up 12.6% on a year-over-year basis. During the same quarter last year, the firm earned $2.77 earnings per share.
View McKesson's earnings history.

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

McKesson's stock was trading at $135.17 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, MCK stock has increased by 54.7% and is now trading at $209.09.
View which stocks have been most impacted by COVID-19.

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

McKesson declared a quarterly dividend on Monday, July 26th. Investors of record on Wednesday, September 1st will be given a dividend of $0.47 per share on Friday, October 1st. This represents a $1.88 annualized dividend and a yield of 0.90%. The ex-dividend date of this dividend is Tuesday, August 31st. This is a boost from McKesson's previous quarterly dividend of $0.42.
View McKesson's dividend history.

Is McKesson a good dividend stock?

McKesson pays an annual dividend of $1.88 per share and currently has a dividend yield of 0.92%. McKesson has been increasing its dividend for 5 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of McKesson is 10.92%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, McKesson will have a dividend payout ratio of 8.91% 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 of Directors has authorized a share repurchase plan on Tuesday, February 2nd 2021, which allows the company to repurchase $2,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 6.9% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's leadership believes its stock is undervalued.

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

McKesson issued an update on its FY 2022 earnings guidance on Wednesday, September, 1st. The company provided earnings per share (EPS) guidance of $19.800-$20.400 for the period, compared to the Thomson Reuters consensus estimate of $19.230. The company issued revenue guidance of $247.76 billion-$254.90 billion, compared to the consensus revenue estimate of $249.75 billion.

What price target have analysts set for MCK?

8 Wall Street analysts have issued 1-year target prices for McKesson's shares. Their forecasts range from $166.00 to $261.00. On average, they anticipate McKesson's share price to reach $224.13 in the next twelve months. This suggests a possible upside of 7.2% from the stock's current price.
View analysts' price targets for McKesson or view top-rated stocks among Wall Street analysts.

Who are McKesson's key executives?

McKesson's management team includes the following people:

• Brian Scott Tyler, Chief Executive Officer & Director
• Britt J. Vitalone, Chief Financial Officer & Executive Vice President
• Nancy Flores, Chief Technology & Information Officer, EVP
• Tracy Faber, Chief Human Resources Officer & Executive VP
• Lori A. Schechter, Chief Legal Officer, EVP & General Counsel

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?

Some companies that are related to McKesson include AmerisourceBergen (ABC), Cardinal Health (CAH), Henry Schein (HSIC), Patterson Companies (PDCO) and Owens & Minor (OMI).
View all of MCK's 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 The 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 The Home Depot (HD).

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 investors include Scharf Investments LLC (0.56%), Robeco Institutional Asset Management B.V. (0.39%), Strs Ohio (0.25%), Assenagon Asset Management S.A. (0.20%), PGGM Investments (0.19%) and DekaBank Deutsche Girozentrale (0.14%). Company insiders that own McKesson stock include Brian S Tyler, Britt J Vitalone, Lori A Schechter, Marie L/Ca Knowles, Sundeep G Reddy, Thomas L Rodgers and Tracy Faber.
View institutional ownership trends for McKesson.

Which major investors are selling McKesson stock?

MCK stock was sold by a variety of institutional investors in the last quarter, including Strs Ohio, Spire Wealth Management, Robeco Institutional Asset Management B.V., Pensionfund DSM Netherlands, PGGM Investments, Wedge Capital Management L L P NC, Chevy Chase Trust Holdings Inc., and Crossmark Global Holdings Inc.. Company insiders that have sold McKesson company stock in the last year include Brian S Tyler, Britt J Vitalone, Lori A Schechter, Sundeep G Reddy, Thomas L Rodgers, and Tracy Faber.
View insider buying and selling activity for McKesson or view top insider-selling stocks.

Which major investors are buying McKesson stock?

MCK stock was purchased by a variety of institutional investors in the last quarter, including Private Advisor Group LLC, Campbell Capital Management Inc., Park National Corp OH, Pacer Advisors Inc., Kestra Advisory Services LLC, DekaBank Deutsche Girozentrale, Signature Estate & Investment Advisors LLC, and Scharf Investments LLC.
View insider buying and selling activity for McKesson or or view top insider-buying stocks.

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 $209.09.

How much money does McKesson make?

McKesson has a market capitalization of $32.34 billion and generates $238.23 billion in revenue each year. The company earns $-4.54 billion in net income (profit) each year or $17.21 on an earnings per share basis.

How many employees does McKesson have?

McKesson employs 67,500 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, ClarusONE Sourcing Services LLP, CoverMyMeds, D & K Healthcare Resources, Drug Trading Co. Ltd., EN-Chart Scanning Program, Emendo, Enterprise Systems Inc., HBO & Company, HPR, HealthCom Partners, HealthQx, IMNET Systems, LloydsDirect, MED3000, McKesson Europe AG, McKesson International Bermuda IP5A Limited, McKesson Medical-Surgical Inc., McKesson Medical-Surgical Supply Chain Services LLC, McKesson Sourcing Services Inc., McKesson Specialty Care Distribution LLC, McKesson Strategic Services Limited, McKesson UK Finance I Limited, McKesson US Finance Corporation, McQueary Brothers, MedVentive, Medcon, MediVation Inc., Medical Specialties Distributors, Medis Health And Pharmaceutical Services, Moore Medical, NDCHealth, Northstar Healthcare Holdings Unlimited Company, 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., Vantage Oncology, Vivalog Technologies, Well.ca, and peerVue.

When was McKesson founded?

McKesson was founded in 1833.

What is McKesson's official website?

The official website for McKesson is www.mckesson.com.

Where are McKesson's headquarters?

McKesson is headquartered at 6555 STATE HWY 161, IRVING TX, 75039.

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].