Investing In Mckesson Corporation (NYSE: MCK): Why Should You?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

Stocks Info

The company is listed on the NYSE and operates within the Medical Distribution industry segment. The current market capitalization of Mckesson Corporation is $73.85B. A total of 0.6 million shares were traded on the day, compared to an average of 821.54K shares.

In the most recent transaction, Smith LeAnn B sold 579 shares of MCK for 572.79 per share on Jan 02 ’25. After the transaction, the EVP & Chief HR Officer now owns 864 company shares. In a previous transaction on Jan 02 ’25, Smith LeAnn B bought 579 shares at 572.79 per share.

Among the insiders who sold shares, Smith LeAnn B disposed of 579 shares on Dec 09 ’24 at a per-share price of $602.81. This resulted in the EVP & Chief HR Officer holding 1,443 shares of MCK after the transaction. In another insider transaction, Smith LeAnn B bought 579 shares at $602.81 per share on Dec 09 ’24.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Mckesson Corporation pays an annual dividend of $2.66, resulting in a dividend yield of 0.46%, and it has a price to earnings (P/E) ratio of 30.15. MCK’s most recent ex-dividend date was 0.57% when it declared a $0.71 quarterly dividend that was paid in cash on 12/2/2024. Previously, the company paid the dividend on 9/2/2024 with an ex-dividend date of 0.46%. The MCK stock dividend was $0.71 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, MCK has a high of $637.51 and a low of $464.42.

As of this writing, MCK has an earnings estimate of $8.47 per share for the current quarter. EPS was calculated based on a consensus of 12.0 estimates, with a high estimate of $8.92 per share and a lower estimate of $7.82.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. MCK’s latest balance sheet shows that the firm has $3.53B in Cash & Short Term Investments as of fiscal 2022. There were $7.54B in debt and $48.47B in liabilities at the time. Its Book Value Per Share was -$23.76, while its Total Shareholder’s Equity was -$1.79B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MCK is Buy with a score of 4.63.

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