Mckesson Corporation (MCK) Is Not Likely To Be The Same Tomorrow

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Recently, Yahoo Finance discussed the stock, revealing that McKesson to Present at the 42nd Annual J.P. Morgan Healthcare Conference.

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Stocks Info

Mckesson Corporation is listed on the NYSE in the Healthcare sector while operating in the Medical Distribution industry. At the end of the last regular session, the stock closed at $501.85 and fluctuated between $503.81 as its day high and $487.34 as its day low. The current market capitalization of Mckesson Corporation is $66.78B. A total of 0.73 million shares were traded on the day, compared to an average of 831.37K shares.

Insider Activity

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, MCK has seen 2 BUY and 9 SELL insider trades, representing the acquisition of 10,521 and the disposition of 35,144 shares. Over the last 12 months, there were 41 BUYs and 78 SELLs from insiders. Insiders purchased 242,836 shares during that period but sold 320,998.

In the most recent transaction, TYLER BRIAN S. sold 14,026 shares of MCK for 480.00 per share on Jan 03. After the transaction, the Chief Executive Officer now owns 43,445 company shares. In a previous transaction on Nov 07, TYLER BRIAN S. sold 23,963 shares at 457.51 per share. MCK shares that Chief Executive Officer owns now total 43,445.

Among the insiders who sold shares, Smith LeAnn B disposed of 660 shares on Nov 03 at a per-share price of $461.26. This resulted in the EVP & Chief HR Officer holding 1,325 shares of MCK after the transaction. In another insider transaction, TYLER BRIAN S. sold 10,521 shares at $460.00 per share on Oct 12. Company shares held by the Chief Executive Officer now total 67,408.


The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Mckesson Corporation pays an annual dividend of $2.35, resulting in a dividend yield of 0.47%, and it has a price to earnings (P/E) ratio of 19.84. MCK’s most recent ex-dividend date was when it declared a $0.62 quarterly dividend that was paid in cash on 4/1/2024. Previously, the company paid the dividend on 1/2/2024 with an ex-dividend date of 11/30/2023. The MCK stock dividend was $0.62 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for MCK in the last 3 months, the mean price target is $518.90 with high estimates of $564.00 and low estimates of $450.00. In terms of 52-week highs and lows, MCK has a high of $507.21 and a low of $331.75.

As of this writing, MCK has an earnings estimate of $McDonald’s Corporation per share for the current quarter. EPS was calculated based on a consensus of Merck & Company, Inc. estimates, with a high estimate of $Vanguard Mega Cap Growth ETF per share and a lower estimate of $McKesson Corporation.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future 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 -$13.74, while its Total Shareholder’s Equity was -$1.79B.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. 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 4.50.

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