NYSE:MCK - McKesson Stock Price, Forecast & News

McKesson's stock was trading at $135.17 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, MCK shares have increased by 0.1% and is now trading at $135.26. View which stocks have been mosted impacted by Coronavirus.

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.

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

McKesson Co. (NYSE:MCK) released its earnings results on Tuesday, February, 4th. The company reported $3.81 earnings per share (EPS) for the quarter, topping 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%. The firm's revenue was up 5.3% on a year-over-year basis. During the same period in the previous year, the firm posted $3.40 EPS. View McKesson's earnings history.

McKesson declared a quarterly dividend on Wednesday, January 29th. Investors 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 dividend on an annualized basis and a yield of 1.21%. The ex-dividend date is Friday, February 28th. View McKesson's dividend history.

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

12 brokerages have issued 1-year target prices for McKesson's stock. Their forecasts range from $140.00 to $197.00. On average, they anticipate McKesson's share price to reach $162.55 in the next twelve months. This suggests a possible upside of 20.2% from the stock's current price. View analysts' price targets for McKesson.

News articles about MCK stock have been trending somewhat negative recently, InfoTrie Sentiment reports. The research group identifies positive and negative press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. McKesson earned a daily sentiment score of -1.0 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutMcKesson.

McKesson saw a increase in short interest during the month of 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 trading volume, of 3,930,000 shares, the short-interest ratio is presently 9.3 days. Currently, 25.6% of the shares of the stock 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).

Based on aggregate information from My MarketBeat watchlists, some companies that other McKesson investors own include Walt Disney (DIS), Gilead Sciences (GILD), salesforce.com (CRM), CVS Health (CVS), Allergan (AGN), UnitedHealth Group (UNH), Bank of America (BAC), AbbVie (ABBV), Chevron (CVX) and Intel (INTC).

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

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 $135.26.

McKesson has a market capitalization of $23.93 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.

The official website for McKesson is http://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]