McKesson Corp (NYSE: MCK) has reported E.P.S. of $7.04 for its first fiscal quarter (ending June 30) versus $7.07 for the same period a year ago — a decline of -0%. For the latest four quarters through June 30, E.P.S. were $22.50 compared to $27.03 a year ago — a decline of -17%.
Recent Price Action
On 8/7/24, McKesson Corp (NYSE: MCK) stock rose modestly by 0.5%, closing at $617.51. Moreover, this advance was accompanied by above average trading volume at 127% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 1.3% during the last week.
Current PriceTarget Research Rating
MCK’s future returns on capital are forecasted to be below the cost of capital. Accordingly, the company is expected to be an important Value Eraser.
McKesson is currently unrated.
Rating Review
The stock is currently unrated.
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