NYSE:MCKMcKesson 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 (WHO). Since then, MCK stock has increased by 11.2% and is now trading at $150.37.
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14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for McKesson in the last year. There are currently 4 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, November 4th 2020.
View our earnings forecast for McKesson.

McKesson Co. (NYSE:MCK) released its earnings results on Monday, August, 3rd. The company reported $2.77 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.35 by $0.42. The company earned $55.68 billion during the quarter, compared to analysts' expectations of $54.16 billion. McKesson had a return on equity of 42.33% and a net margin of 0.40%. McKesson's quarterly revenue was down .1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $3.31 EPS.
View McKesson's earnings history.

McKesson announced a quarterly dividend on Wednesday, July 29th. Shareholders of record on Tuesday, September 1st will be paid a dividend of $0.42 per share on Thursday, October 1st. This represents a $1.68 dividend on an annualized basis and a yield of 1.12%. The ex-dividend date is Monday, August 31st. This is an increase from McKesson's previous quarterly dividend of $0.41.
View McKesson's dividend history.

McKesson updated its FY21 earnings guidance on Monday, August, 3rd. The company provided EPS guidance of $14.70-15.50 for the period, compared to the Thomson Reuters consensus estimate of $14.39.

14 brokerages have issued 1 year target prices for McKesson's stock. Their forecasts range from $147.00 to $204.00. On average, they expect McKesson's stock price to reach $179.08 in the next year. This suggests a possible upside of 19.1% from the stock's current price.
View analysts' price targets for McKesson.

Media stories about MCK stock have been trending extremely negative on Thursday, according to InfoTrie Sentiment. The research group scores the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. McKesson earned a daily sentiment score of -4.1 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the immediate future.
View the latest news about McKesson.

McKesson saw a decline in short interest during the month of June. As of June 15th, there was short interest totaling 2,180,000 shares, a decline of 18.7% from the May 31st total of 2,680,000 shares. Based on an average daily trading volume, of 1,840,000 shares, the short-interest ratio is currently 1.2 days. Approximately 1.4% of the shares of the company are sold short.
View McKesson's Short Interest.

Some companies that are related to McKesson include AmerisourceBergen (ABC), Cardinal Health (CAH), Henry Schein (HSIC), Patterson Companies (PDCO) and Owens & Minor (OMI).
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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), AbbVie (ABBV), salesforce.com (CRM), Johnson & Johnson (JNJ), Bank of America (BAC), UnitedHealth Group (UNH), AT&T (T) and Chevron (CVX).

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

McKesson's stock is owned by many different institutional and retail investors. Top institutional shareholders include Nordea Investment Management AB (2.69%), Pzena Investment Management LLC (1.85%), Bank of New York Mellon Corp (1.31%), LSV Asset Management (1.00%), Scharf Investments LLC (0.55%) and AJO LP (0.48%). Company insiders that own McKesson stock include Brian S Tyler, Brian Scott Tyler, Britt J Vitalone, Lori A Schechter, M Christine Jacobs, Marie L/Ca Knowles, N Anthony Coles and Sundeep G Reddy.
View institutional ownership trends for McKesson.

MCK stock was sold by a variety of institutional investors in the last quarter, including Prudential PLC, Pzena Investment Management LLC, Prudential Financial Inc., Bank of Montreal Can, Morningstar Investment Services LLC, MERIAN GLOBAL INVESTORS UK Ltd, Skandinaviska Enskilda Banken AB publ , and Alberta Investment Management Corp. Company insiders that have sold McKesson company stock in the last year include Brian S Tyler, Britt J Vitalone, Lori A Schechter, Marie L/Ca Knowles, and Sundeep G Reddy.
View insider buying and selling activity for McKesson.

MCK stock was bought by a variety of institutional investors in the last quarter, including Nordea Investment Management AB, AJO LP, State of Tennessee Treasury Department, UBS Group AG, Mackay Shields LLC, Strs Ohio, Assenagon Asset Management S.A., and Tekla Capital Management LLC.
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 $150.37.

McKesson has a market capitalization of $24.39 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]