McKesson Corp (NYSE: MCK) has reported earnings for its second fiscal quarter (ending September 30) of $1.88 versus $4.95 for the same period a year ago — a decline of -62%. For the latest four quarters through September 30, E.P.S. were $19.45 compared to $25.48 a year ago — a decline of -24%.
Recent Price Action
McKesson Corp (NYSE: MCK) stock enjoyed a large increase of 4.6% on 11/6/24. The stock closed at $549.31. Moreover, trading volume in this advance was unusually high at 161% of normal. The stock has performed in line with the market over the last nine months and has risen 10.0% 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.
Be the first to comment