Mckesson Stock Today
| MCK Stock | USD 543.30 3.36 0.62% |
Performance13 of 100
| Odds Of DistressLess than 5
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McKesson is selling for 543.30 as of the 28th of April 2024. This is a 0.62 percent up since the beginning of the trading day. The stock's last reported lowest price was 534.68. McKesson has under 5 % chance of experiencing financial distress over the next 2 years and had a good performance during the last 90 days. Equity ratings for McKesson are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of March 2024 and ending today, the 28th of April 2024. Click here to learn more.
Business Domain Health Care Equipment & Services | IPO Date 15th of November 1994 | Category Healthcare | Classification Health Care |
McKesson Corporation provides healthcare services in the United States and internationally. McKesson Corporation was founded in 1833 and is headquartered in Irving, Texas. Mckesson Corp operates under Medical Distribution classification in the United States and is traded on New York Stock Exchange. The company has 131.41 M outstanding shares of which 1.38 M shares are now shorted by investors with about 2.66 days to cover. More on McKesson
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Follow Valuation Options Odds of Bankruptcy
Financial Report 13th of May 2024
McKesson Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. McKesson's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding McKesson or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, McKesson's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to McKesson's managers, analysts, and investors.
Environment Score | Governance Score | Social Score |
| CEO | Brian Tyler | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Names | [Jade Leader Corp, McKesson Corporation] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Health Care Providers & Services, Health Care Equipment & Services, Health Care, NYSE Composite, Health Management, Wholesale, Obamacare Repeal, Health Care, Health Care Providers & Services, Medical Distribution, Healthcare (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering McKesson report their recommendations after researching McKesson's financial statements, talking to executives and customers, or listening in on McKesson's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering McKesson. The McKesson consensus assessment is calculated by taking the average forecast from all of the analysts covering McKesson. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of McKesson's profitability, liquidity, and operating efficiency, McKesson may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of McKesson is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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McKesson's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to McKesson's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand McKesson's financial leverage. It provides some insight into what part of McKesson's total assets is financed by creditors.
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McKesson (MCK) is traded on New York Stock Exchange in USA. It is located in 6555 State Highway 161, Irving, TX, United States, 75039 and employs 45,000 people. McKesson is listed under Health Care Providers & Services category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 71.39 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate McKesson's market, we take the total number of its shares issued and multiply it by McKesson's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. McKesson runs under Health Care Providers & Services sector within Health Care industry. The entity has 131.41 M outstanding shares of which 1.38 M shares are now shorted by investors with about 2.66 days to cover.
McKesson has about 4.68 B in cash with 5.16 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 20.57.
Check McKesson Probability Of Bankruptcy
Ownership AllocationMcKesson holds a total of 131.41 Million outstanding shares. The majority of McKesson outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in McKesson to benefit from reduced commissions. Accordingly, institutional holders are subject to a different set of regulations than regular investors in McKesson. Please pay attention to any change in the institutional holdings of McKesson as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check McKesson Ownership Details
McKesson Stock Price Odds Analysis
Proceeding from a normal probability distribution, the odds of McKesson jumping above the current price in 90 days from now is about 7.22%. The McKesson probability density function shows the probability of McKesson stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon McKesson has a beta of -0.0806. This indicates as returns on the benchmark increase, returns on holding McKesson are expected to decrease at a much lower rate. During a bear market, however, McKesson is likely to outperform the market. Additionally, mcKesson has an alpha of 0.1759, implying that it can generate a 0.18 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of McKesson to move above the current price in 90 days from now is about 7.22 (This McKesson probability density function shows the probability of McKesson Stock to fall within a particular range of prices over 90 days) .
McKesson Stock Institutional Holders
Institutional Holdings refers to the ownership stake in McKesson that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of McKesson's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing McKesson's value.| Instituion | Recorded On | Shares | |
| T. Rowe Price Associates, Inc. | 2023-12-31 | 1.8 M | |
| Goldman Sachs Group Inc | 2023-12-31 | 1.8 M | |
| Amvescap Plc. | 2023-12-31 | 1.7 M | |
| Bank Of America Corp | 2023-12-31 | 1.6 M | |
| Northern Trust Corp | 2023-12-31 | 1.6 M | |
| Legal & General Group Plc | 2023-12-31 | 1.3 M | |
| Arrowstreet Capital Limited Partnership | 2023-12-31 | 1.2 M | |
| Boston Partners Global Investors, Inc | 2023-12-31 | 1.1 M | |
| Bank Of New York Mellon Corp | 2023-12-31 | 1.1 M | |
| Vanguard Group Inc | 2023-12-31 | 12.1 M | |
| Blackrock Inc | 2023-12-31 | 11.7 M |
McKesson Historical Income Statement
McKesson Income Statement is one of the three primary financial statements used for reporting McKesson's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of McKesson revenue and expense. McKesson Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, McKesson's Operating Income is quite stable compared to the past year. EBIT is expected to rise to about 5.3 B this year, although the value of Research Development will most likely fall to about 97.2 M. View More FundamentalsMcKesson Stock Against Markets
Picking the right benchmark for McKesson stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in McKesson stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for McKesson is critical whether you are bullish or bearish towards McKesson at a given time. Please also check how McKesson's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in McKesson without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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McKesson Corporate Directors
McKesson corporate directors refer to members of a McKesson board of directors. The board of directors generally takes responsibility for the McKesson's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of McKesson's board members must vote for the resolution. The McKesson board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Andrew Bryant | Independent Director | Profile | |
| Kenneth Washington | Independent Director | Profile | |
| M Jacobs | Independent Director | Profile | |
| Marie Knowles | Independent Director | Profile |
How to buy McKesson Stock?
Before investing in McKesson, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in McKesson. To buy McKesson stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of McKesson. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase McKesson stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located McKesson stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased McKesson stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as McKesson, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy McKesson Stock please use our How to Invest in McKesson guide.
Already Invested in McKesson?
The danger of trading McKesson is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of McKesson is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than McKesson. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile McKesson is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether McKesson is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if McKesson Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Mckesson Stock. Highlighted below are key reports to facilitate an investment decision about Mckesson Stock: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in McKesson. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. For more information on how to buy McKesson Stock please use our How to buy in McKesson Stock guide.Note that the McKesson information on this page should be used as a complementary analysis to other McKesson's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Complementary Tools for McKesson Stock analysis
When running McKesson's price analysis, check to measure McKesson's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy McKesson is operating at the current time. Most of McKesson's value examination focuses on studying past and present price action to predict the probability of McKesson's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move McKesson's price. Additionally, you may evaluate how the addition of McKesson to your portfolios can decrease your overall portfolio volatility.
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Is McKesson's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of McKesson. If investors know McKesson will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about McKesson listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.42) | Dividend Share 2.32 | Earnings Share 22.11 | Revenue Per Share 2.2 K | Quarterly Revenue Growth 0.148 |
The market value of McKesson is measured differently than its book value, which is the value of McKesson that is recorded on the company's balance sheet. Investors also form their own opinion of McKesson's value that differs from its market value or its book value, called intrinsic value, which is McKesson's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because McKesson's market value can be influenced by many factors that don't directly affect McKesson's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between McKesson's value and its price as these two are different measures arrived at by different means. Investors typically determine if McKesson is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, McKesson's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.