Mckesson Stock Analysis

MCK
 Stock
  

USD 383.34  2.59  0.68%   

The modest gains experienced by current holders of Mckesson Corp may encourage traders to take a closer look at the firm as it is trading at a share price of 383.34 on 330,400 in trading volume. The company directors and management have been quite successful in maneuvering the stock at opportune times to take advantage of all market conditions in October. The stock standard deviation of daily returns for 90 days investing horizon is currently 1.61. The below-average Stock volatility is a good sign for longer-term investment options and for buy-and-hold investors.
Additionally, see Correlation Analysis.
  
The Mckesson Corp stock analysis report makes it easy to digest most publicly released information about Mckesson Corp and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Mckesson Stock analysis module also helps to analyze the Mckesson Corp price relationship with some important fundamental indicators such as market cap and management efficiency.

Mckesson Stock Analysis Notes

About 89.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 1.67. Mckesson Corp recorded a loss per share of 25.42. The entity last dividend was issued on the 31st of August 2022. The firm had 2:1 split on the 5th of January 1998. 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. It employs 58000 people. To find out more about Mckesson Corp contact John Hammergren at 972 446-4800 or learn more at www.mckesson.com.

Mckesson Corp Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Mckesson Corp's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Mckesson Corp or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Mckesson Corp is unlikely to experience financial distress in the next 2 years
The company has 7.43 B in debt with debt to equity (D/E) ratio of 6.61, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Mckesson Corp has a current ratio of 0.94, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Mckesson Corp until it has trouble settling it off, either with new capital or with free cash flow. So, Mckesson Corp's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Mckesson Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Mckesson to invest in growth at high rates of return. When we think about Mckesson Corp's use of debt, we should always consider it together with cash and equity.
Over 89.0% of Mckesson Corp shares are owned by institutional investors
On 3rd of October 2022 Mckesson Corp paid $ 0.54 per share dividend to its current shareholders
Latest headline from news.google.com: Heres Why You Should Add McKesson Stock Right Now - Nasdaq

Mckesson Corp Upcoming and Recent Events

Earnings reports are used by Mckesson Corp to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Mckesson Corp previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report2nd of February 2022
Next Financial Report5th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End5th of May 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Mckesson Largest EPS Surprises

Earnings surprises can significantly impact Mckesson Corp's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2004-10-21
2004-09-300.240.290.0520 
1999-10-25
1999-09-300.320.27-0.0515 
1999-08-10
1999-06-300.360.31-0.0513 
View All Earnings Estimates

Mckesson Corp SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Mckesson Corp prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Mckesson Corp investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Mckesson Corp specific information freely available to individual and institutional investors to make a timely investment decision.
13th of September 2022
Financial Statements and Exhibits. Regulation FD Disclosure. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
View
3rd of August 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
25th of July 2022
Submission of Matters to a Vote of Security Holders
View
5th of May 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
29th of April 2022
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
View
1st of April 2022
Financial Statements and Exhibits. Regulation FD Disclosure. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
View
25th of February 2022
Financial Statements and Exhibits. Regulation FD Disclosure. Entry into a Material Definitive Agreement
View
22nd of February 2022
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
View

Mckesson Corp Thematic Classifications

In addition to having Mckesson Corp stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Obamacare Repeal
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Drugs
Drug manufacturing and delivery

Mckesson Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Mckesson Corp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Mckesson Corp backward and forwards among themselves. Mckesson Corp's institutional investor refers to the entity that pools money to purchase Mckesson Corp's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Zwj Investment Counsel IncCommon Shares800272 K
Zwj Investment Counsel IncCommon Shares800261 K
Zwj Investment Counsel IncCommon Shares800245 K
Zwj Investment Counsel IncCommon Shares2.7 K419 K
Zwj Investment Counsel IncCommon Shares2.7 K411 K
Zwj Investment Counsel IncCommon Shares3.1 K510 K
Zwj Investment Counsel IncCommon Shares3.3 K489 K
Note, although Mckesson Corp's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Mckesson Market Capitalization

The company currently falls under 'Large-Cap' category with total capitalization of 58.13 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Mckesson Corp's market, we take the total number of its shares issued and multiply it by Mckesson Corp'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 these looking for more risk prefer small-cap and mid-cap equities.

Mckesson Profitablity

Mckesson Corp's profitability indicators refer to fundamental financial ratios that showcase Mckesson Corp's ability to generate income relative to its revenue or operating costs. If, let's say, Mckesson Corp is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Mckesson Corp's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Mckesson Corp's profitability requires more research than a typical breakdown of Mckesson Corp's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 0.52 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 1.26 %, which entails that for every 100 dollars of revenue, it generated 0.01 of operating income.
Last ReportedProjected for 2022
Return on Investment 37.97  40.97 
Return on Average Assets 1.74  2.32 
Return on Average Equity(205.87) (211.29) 
Return on Invested Capital 0.18  0.17 
Return on Sales 0.007  0.008105 

Management Efficiency

The entity has Return on Asset of 2.81 % which means that on every $100 spent on asset, it made $2.81 of profit. This is way below average. Mckesson Corp management efficiency ratios could be used to measure how well mckesson corp manages its routine affairs as well as how well it operates its assets and liabilities. Mckesson Corp Return on Investment is decreasing as compared to previous years. The last year's value of Return on Investment was reported at 37.97. The current Return on Average Assets is estimated to increase to 2.32, while Return on Average Equity is projected to decrease to (211.29) . The current Tax Liabilities is estimated to increase to about 2 B, while Total Liabilities is projected to decrease to under 53.1 B.
Last ReportedProjected for 2022
Book Value per Share(14.92) (15.31) 
Enterprise Value over EBIT 27.00  29.68 
Enterprise Value over EBITDA 17.45  14.19 
Price to Book Value(20.18) (21.78) 
Tangible Assets Book Value per Share 340.04  302.62 
Enterprise Value51.1 B48.8 B
Tangible Asset Value51.8 B51.8 B

Technical Drivers

As of the 26th of November, Mckesson Corp secures the Downside Deviation of 1.68, risk adjusted performance of 0.0853, and Mean Deviation of 1.29. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Mckesson Corp, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to break down nineteen technical drivers for Mckesson Corp, which can be compared to its peers in the industry. Please verify Mckesson Corp jensen alpha, as well as the relationship between the potential upside and skewness to decide if Mckesson Corp is priced some-what accurately, providing market reflects its recent price of 383.34 per share. Given that Mckesson Corp has jensen alpha of 0.0565, we recommend you to check Mckesson Corp's last-minute market performance to make sure the company can sustain itself at a future point.

Mckesson Corp Price Movement Analysis

The output start index for this execution was one with a total number of output elements of sixty. The Parabolic SAR indicator is used to determine the direction of Mckesson Corp's momentum and the point in time when Mckesson Corp has higher than normal probability directional change.
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Mckesson Corp Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Mckesson Corp insiders, such as employees or executives, is commonly permitted as long as it does not rely on Mckesson Corp's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Mckesson Corp insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Mckesson Corp Outstanding Bonds

Mckesson Corp issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Mckesson Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Mckesson bonds can be classified according to their maturity, which is the date when Mckesson Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Mckesson Corp Predictive Daily Indicators

Mckesson Corp intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Mckesson Corp stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Mckesson Corp Forecast Models

Mckesson Corp time-series forecasting models is one of many Mckesson Corp's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Mckesson Corp's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Mckesson Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Mckesson Corp prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Mckesson shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual Stock such as Mckesson Corp. By using and applying Mckesson Stock analysis, traders can create a robust methodology for identifying Mckesson entry and exit points for their positions.
Last ReportedProjected for 2022
Operating Margin 0.77  1.04 
EBITDA Margin 0.90  1.26 
Gross Margin 4.97  5.81 
Profit Margin 0.42  0.62 

Current Mckesson Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Mckesson analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Mckesson analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
271.9Buy10Odds
Mckesson Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Mckesson analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Mckesson stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Mckesson Corp, talking to its executives and customers, or listening to Mckesson conference calls.
Mckesson Analyst Advice Details

Mckesson Stock Analysis Indicators

Mckesson Corp stock analysis indicators help investors evaluate how Mckesson Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Mckesson Corp shares will generate the highest return on investment. By understating and applying Mckesson Corp stock analysis, traders can identify Mckesson Corp position entry and exit signals to maximize returns.
Quick Ratio0.47
Trailing Annual Dividend Rate1.66
Fifty Two Week Low215.27
Revenue Growth7.10%
Payout Ratio19.96%
Average Daily Volume Last 10 Day1.34M
Shares Short Prior Month2.62M
Average Daily Volume In Three Month1.04M
Earnings Growth71.40%
Shares Percent Shares Out1.91%
Earnings Quarterly Growth58.00%
Gross Margins4.87%
Forward Price Earnings14.63
Short Percent Of Float2.14%
Float Shares140.34M
Fifty Two Week High401.78
Fifty Day Average362.61
Enterprise Value To Ebitda18.06
Two Hundred Day Average331.15
Enterprise Value To Revenue0.23
Trailing Annual Dividend Yield0.44%
Additionally, see Correlation Analysis. Note that the Mckesson Corp information on this page should be used as a complementary analysis to other Mckesson Corp'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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

Complementary Tools for Mckesson Stock analysis

When running Mckesson Corp price analysis, check to measure Mckesson Corp'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 Corp is operating at the current time. Most of Mckesson Corp's value examination focuses on studying past and present price action to predict the probability of Mckesson Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Mckesson Corp's price. Additionally, you may evaluate how the addition of Mckesson Corp to your portfolios can decrease your overall portfolio volatility.
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Is Mckesson Corp'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 Corp. 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 Corp 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 YOY
2.75
Market Capitalization
54 B
Quarterly Revenue Growth YOY
0.054
Return On Assets
0.0323
The market value of Mckesson Corp 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 Corp's value that differs from its market value or its book value, called intrinsic value, which is Mckesson Corp'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 Corp's market value can be influenced by many factors that don't directly affect Mckesson Corp'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 Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Mckesson Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mckesson Corp'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.