Mckesson Corporation (NYSE: MCK) has experienced a rise in its stock price by 1.44 compared to its previous closing price of 570.98. However, the company has seen a fall of -0.01% in its stock price over the last five trading days. zacks.com reported 2024-12-19 that Following Wednesday’s FOMC meeting and press conference from Jerome Powell, it seems 2025 may be shaping up to be a bit more uncertain than investors were expecting. Powell expressed his concern about rising inflation and signaled the central bank was going to be more hawkish moving forward.
Is It Worth Investing in Mckesson Corporation (NYSE: MCK) Right Now?
The price-to-earnings ratio for Mckesson Corporation (NYSE: MCK) is above average at 30.02x. The 36-month beta value for MCK is also noteworthy at 0.52. There are mixed opinions on the stock, with 10 analysts rating it as a “buy,” 3 rating it as “overweight,” 4 rating it as “hold,” and 0 rating it as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for MCK is 126.80M, and at present, short sellers hold a 1.51% of that float. The average trading volume of MCK on December 20, 2024 was 945.29K shares.
MCK’s Market Performance
MCK stock saw a decrease of -0.01% in the past week, with a monthly decline of -5.92% and a quarterly a decrease of 14.02%. The volatility ratio for the week is 2.38%, and the volatility levels for the last 30 days are 1.86% for Mckesson Corporation (MCK). The simple moving average for the last 20 days is -3.48% for MCK’s stock, with a simple moving average of 4.34% for the last 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 2.06% 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 -9.14% of loss for the given period.
Volatility was left at 1.86%, however, over the last 30 days, the volatility rate increased by 2.38%, as shares sank -6.75% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +15.35% upper at present.
During the last 5 trading sessions, MCK fell by -0.01%, which changed the moving average for the period of 200-days by +10.32% in comparison to the 20-day moving average, which settled at $600.07. In addition, Mckesson Corporation saw 25.11% 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
In summary, Mckesson Corporation (MCK) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing 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.
