Mckesson Corporation (NYSE: MCK) has a price-to-earnings ratio that is above its average at 30.02x. The stock has a 36-month beta value of 0.50. Opinions on the stock are mixed, with 10 analysts rating it as a “buy,” 3 as “overweight,” 4 as “hold,” and 0 as “sell.”
The public float for MCK is 126.80M, and at present, short sellers hold a 1.51% of that float. On December 13, 2024, the average trading volume of MCK was 943.20K shares.
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MCK) stock’s latest price update
The stock of Mckesson Corporation (NYSE: MCK) has increased by 0.45 when compared to last closing price of 576.69. Despite this, the company has experienced a -4.65% fall in its stock price over the last five trading sessions. zacks.com reported 2024-12-12 that The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here’s why you should take advantage.
MCK’s Market Performance
MCK’s stock has fallen by -4.65% in the past week, with a monthly drop of -6.21% and a quarterly rise of 11.66%. The volatility ratio for the week is 1.92% while the volatility levels for the last 30 days are 1.73% for Mckesson Corporation The simple moving average for the past 20 days is -5.12% for MCK’s stock, with a 4.56% simple moving average for the past 200 days.
Analysts’ Opinion of MCK
Many brokerage firms have already submitted their reports for MCK stocks, with Mizuho repeating the rating for MCK by listing it as a “Neutral.” The predicted price for MCK in the upcoming period, according to Mizuho is $630 based on the research report published on December 04, 2024 of the current year 2024.
Robert W. Baird, on the other hand, stated in their research note that they expect to see MCK reach a price target of $688, previously predicting the price at $531. The rating they have provided for MCK stocks is “Outperform” according to the report published on November 07th, 2024.
Robert W. Baird gave a rating of “Neutral” to MCK, setting the target price at $531 in the report published on September 24th of the current year.
MCK Trading at 3.58% from the 50-Day Moving Average
After a stumble in the market that brought MCK to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -9.13% of loss for the given period.
Volatility was left at 1.73%, however, over the last 30 days, the volatility rate increased by 1.92%, as shares sank -7.25% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +18.52% upper at present.
During the last 5 trading sessions, MCK fell by -4.65%, which changed the moving average for the period of 200-days by +10.62% in comparison to the 20-day moving average, which settled at $610.55. In addition, Mckesson Corporation saw 25.12% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at MCK starting from Smith LeAnn B, who sale 579 shares at the price of $602.81 back on Dec 09 ’24. After this action, Smith LeAnn B now owns 1,443 shares of Mckesson Corporation, valued at $349,027 using the latest closing price.
Smith LeAnn B, the Officer of Mckesson Corporation, proposed sale 579 shares at $602.81 during a trade that took place back on Dec 09 ’24, which means that Smith LeAnn B is holding shares at $349,027 based on the most recent closing price.
Stock Fundamentals for MCK
Current profitability levels for the company are sitting at:
- 0.01 for the present operating margin
- 0.04 for the gross margin
The net margin for Mckesson Corporation stands at 0.01. The total capital return value is set at 0.27.
Based on Mckesson Corporation (MCK), the company’s capital structure generated 2.11 points at debt to capital in total, while cash flow to debt ratio is standing at 0.89. The debt to equity ratio resting at -1.9. The interest coverage ratio of the stock is 12.3.
Currently, EBITDA for the company is 4.67 billion with net debt to EBITDA at 0.98. When we switch over and look at the enterprise to sales, we see a ratio of 0.24. The receivables turnover for the company is 13.07for trailing twelve months and the total asset turnover is 4.56. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.91.
Conclusion
To sum up, Mckesson Corporation (MCK) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
