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NYSE:MCK

McKesson - MCK Stock Forecast, Price & News

$343.54
+2.07 (+0.61%)
(As of 09/28/2022 11:16 AM ET)
Add
Compare
Today's Range
$341.27
$348.34
50-Day Range
$326.60
$373.84
52-Week Range
$193.89
$375.23
Volume
13,615 shs
Average Volume
1.04 million shs
Market Capitalization
$49.38 billion
P/E Ratio
36.32
Dividend Yield
0.63%
Price Target
$352.46

McKesson MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.92 Rating Score
Upside/​Downside
2.6% Upside
$352.46 Price Target
Short Interest
Healthy
1.83% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.01
Upright™ Environmental Score
News Sentiment
0.15mentions of McKesson in the last 14 days
Based on 13 Articles This Week
Insider Trading
Selling Shares
$3.06 M Sold Last Quarter
Proj. Earnings Growth
6.63%
From $24.42 to $26.04 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.52 out of 5 stars

Medical Sector

83rd out of 1,071 stocks

Drugs, Proprietaries, & Sundries Industry

5th out of 6 stocks

MCK stock logo

About McKesson (NYSE:MCK) Stock

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.

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MCK Stock News Headlines

McKesson (MCK) Stock Moves -1.06%: What You Should Know
McKesson: Right Medication (NYSE:MCK) - Seeking Alpha
McKesson: Right Medication
McKesson (MCK) Stock Pares Gains Following Rx Savings Buyout
McKesson (MCK) Stock Moves -0.97%: What You Should Know
McKesson To Acquire Rx Savings Solutions - Quick Facts
McKesson Signs Agreement to Acquire Rx Savings Solutions
McKesson Buys Rx Savings Solutions For $875M
See More Headlines
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MCK Company Calendar

Ex-Dividend for 7/1 Dividend
5/31/2022
Dividend Payable
7/01/2022
Last Earnings
8/03/2022
Ex-Dividend for 10/3 Dividend
8/31/2022
Today
9/28/2022
Dividend Payable
10/03/2022
Next Earnings (Estimated)
11/07/2022
Fiscal Year End
3/31/2023

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Forecast
$352.46
High Stock Price Forecast
$430.00
Low Stock Price Forecast
$230.00
Forecasted Upside/Downside
+2.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.92
Research Coverage
12 Analysts

Profitability

Net Income
$1.11 billion
Pretax Margin
0.88%

Debt

Sales & Book Value

Annual Sales
$263.97 billion
Cash Flow
$31.60 per share
Book Value
($12.33) per share

Miscellaneous

Free Float
143,428,000
Market Cap
$49.38 billion
Optionable
Optionable
Beta
0.59

Social Links


Key Executives

  • Mr. Brian S. Tyler Ph.D.Mr. Brian S. Tyler Ph.D. (Age 55)
    CEO & Director
    Comp: $5.9M
  • Mr. Britt J. VitaloneMr. Britt J. Vitalone (Age 53)
    Exec. VP & CFO
    Comp: $2.63M
  • Ms. Nancy FloresMs. Nancy Flores (Age 54)
    Exec. VP, Chief Information Officer & CTO
    Comp: $1.6M
  • Ms. Lori A. Schechter J.D.Ms. Lori A. Schechter J.D. (Age 60)
    Exec. VP, Chief Legal Officer & Gen. Counsel
    Comp: $2.66M
  • Ms. Tracy L. FaberMs. Tracy L. Faber (Age 52)
    Exec. VP & Chief HR Officer
    Comp: $1.83M
  • Mr. Napoleon B. Rutledge Jr. (Age 50)
    Sr. VP, Controller & Chief Accounting Officer
  • Ms. Holly Weiss
    Sr. VP of Investor Relations
  • Mr. Pete Slone
    Sr. VP of Corp. Public Affairs
  • Mr. Kirk Kaminsky
    Pres of The US Pharmaceutical & Specialty Solutions Bus.
  • Paul A. Smith
    Sr. VP of Taxes













MCK Stock - Frequently Asked Questions

Should I buy or sell McKesson stock right now?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for McKesson in the last twelve months. There are currently 1 hold rating and 11 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" MCK shares.
View MCK analyst ratings
or view top-rated stocks.

What is McKesson's stock price forecast for 2022?

12 brokers have issued 1-year target prices for McKesson's stock. Their MCK share price forecasts range from $230.00 to $430.00. On average, they expect the company's share price to reach $352.46 in the next twelve months. This suggests a possible upside of 3.2% from the stock's current price.
View analysts price targets for MCK
or view top-rated stocks among Wall Street analysts.

How have MCK shares performed in 2022?

McKesson's stock was trading at $248.57 on January 1st, 2022. Since then, MCK stock has increased by 37.4% and is now trading at $341.47.
View the best growth stocks for 2022 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 2,620,000 shares, an increase of 11.5% from the August 31st total of 2,350,000 shares. Based on an average trading volume of 1,010,000 shares, the short-interest ratio is presently 2.6 days. Approximately 1.8% of the shares of the company are short sold.
View McKesson's Short Interest
.

When is McKesson's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, November 7th 2022.
View our MCK earnings forecast
.

How were McKesson's earnings last quarter?

McKesson Co. (NYSE:MCK) issued its quarterly earnings results on Wednesday, August, 3rd. The company reported $5.83 earnings per share for the quarter, beating the consensus estimate of $5.31 by $0.52. The firm had revenue of $67.15 billion for the quarter, compared to analysts' expectations of $63.87 billion. McKesson had a net margin of 0.52% and a negative trailing twelve-month return on equity of 350.22%.

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

McKesson declared a quarterly dividend on Monday, July 25th. Shareholders of record on Thursday, September 1st will be paid a dividend of $0.54 per share on Monday, October 3rd. This represents a $2.16 annualized dividend and a yield of 0.63%. The ex-dividend date is Wednesday, August 31st. This is a positive change from the stock's previous quarterly dividend of $0.47.
Read our dividend analysis for MCK
.

Is McKesson a good dividend stock?

McKesson (NYSE:MCK) pays an annual dividend of $2.16 per share and currently has a dividend yield of 0.63%. The company has been increasing its dividend for 14 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 22.83%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MCK will have a dividend payout ratio of 8.29% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MCK.

How will McKesson's stock buyback program work?

McKesson declared that its Board of Directors has initiated a share buyback program on Tuesday, February 2nd 2021, which allows the company to buyback $2,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 6.9% of its stock through open market purchases. Stock buyback programs are typically 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 2023 earnings guidance on Wednesday, August, 10th. The company provided EPS guidance of $23.95-$24.65 for the period, compared to the consensus estimate of $23.35. The company issued revenue guidance of -.

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

220 employees have rated McKesson Chief Executive Officer Brian Tyler on Glassdoor.com. Brian Tyler has an approval rating of 88% among the company's employees.

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."

Who are McKesson's major shareholders?

McKesson's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include State Street Corp (4.60%), JPMorgan Chase & Co. (3.97%), Massachusetts Financial Services Co. MA (3.41%), FMR LLC (2.16%), Pzena Investment Management LLC (1.69%) and Northern Trust Corp (1.14%). Insiders that own company stock include Brian S Tyler, Brian S Tyler, Britt J Vitalone, Kevin Emerson, Lori A Schechter, Lori A Schechter, Marie L/Ca Knowles, Nancy Flores, Sundeep G Reddy, Sundeep G Reddy, Thomas L Rodgers, Thomas L Rodgers and Tracy Faber.
View institutional ownership trends
.

How do I buy shares of McKesson?

Shares of MCK stock 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 $341.47.

How much money does McKesson make?

McKesson (NYSE:MCK) has a market capitalization of $49.08 billion and generates $263.97 billion in revenue each year. The company earns $1.11 billion in net income (profit) each year or $9.46 on an earnings per share basis.

How many employees does McKesson have?

The company 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
How can I contact McKesson?

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

This page (NYSE:MCK) was last updated on 9/28/2022 by MarketBeat.com Staff

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