NYSE:MCKMcKesson Stock Price, Forecast & News

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 (WHO). Since then, MCK stock has increased by 13.0% and is now trading at $152.73. View which stocks have been most impacted by Coronavirus.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for McKesson in the last year. There are currently 5 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for McKesson.

McKesson is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for McKesson.

McKesson Co. (NYSE:MCK) posted its earnings results on Wednesday, May, 20th. The company reported $4.27 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.10 by $0.17. The firm earned $58.54 billion during the quarter, compared to analysts' expectations of $55.60 billion. McKesson had a return on equity of 41.07% and a net margin of 0.39%. The business's revenue for the quarter was up 11.6% on a year-over-year basis. During the same period in the previous year, the firm posted $3.69 EPS. View McKesson's earnings history.

McKesson announced a quarterly dividend on Wednesday, April 29th. Investors of record on Monday, June 1st will be paid a dividend of $0.41 per share on Wednesday, July 1st. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.07%. The ex-dividend date of this dividend is Friday, May 29th. View McKesson's dividend history.

McKesson updated its FY21 earnings guidance on Wednesday, May, 20th. The company provided earnings per share guidance of $13.95-14.75 for the period, compared to the Thomson Reuters consensus EPS estimate of $15.48. The company issued revenue guidance of +2-4% to $218.6-222.9 billion, compared to the consensus revenue estimate of $234.49 billion.

15 brokers have issued 12 month price objectives for McKesson's shares. Their forecasts range from $146.00 to $197.00. On average, they expect McKesson's share price to reach $172.21 in the next twelve months. This suggests a possible upside of 12.8% from the stock's current price. View analysts' price targets for McKesson.

Media coverage about MCK stock has trended somewhat positive this week, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. McKesson earned a news impact score of 0.8 on InfoTrie's scale. They also gave media stories about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the next several days. View the latest news about McKesson.

McKesson saw a increase in short interest in June. As of June 15th, there was short interest totaling 2,680,000 shares, an increase of 6.3% from the May 31st total of 2,520,000 shares. Based on an average daily volume of 3,230,000 shares, the short-interest ratio is currently 0.8 days. Approximately 1.7% of the shares of the company are sold short. View McKesson's Current Options Chain.

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 competitors.

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), salesforce.com (CRM), UnitedHealth Group (UNH), Johnson & Johnson (JNJ), Allergan (AGN), Bank of America (BAC), AbbVie (ABBV) and Chevron (CVX).

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

McKesson's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Pensionfund DSM Netherlands (0.01%) and Pensionfund Sabic (0.01%). Company insiders that own McKesson stock include Brian S Tyler, Brian Scott Tyler, Britt J Vitalone, Lori A Schechter, M Christine Jacobs, N Anthony Coles and Sundeep G Reddy. View institutional ownership trends for McKesson.

MCK stock was acquired by a variety of institutional investors in the last quarter, including Pensionfund DSM Netherlands, and Pensionfund Sabic. View insider buying and selling activity for 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.

One share of MCK stock can currently be purchased for approximately $152.73.

McKesson has a market capitalization of $24.76 billion and generates $231.05 billion in revenue each year. The company earns $900 million in net income (profit) each year or $14.95 on an earnings per share basis. McKesson employs 80,000 workers across the globe.

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

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]