The price of Mckesson Corporation (NYSE:MCK) shares last traded on Wall Street rose 1.96% to $719.3.
MCK stock price is now 0.95% away from the 50-day moving average and 15.71% away from the 200-day moving average. The market capitalization of the company currently stands at $89.84B.
On November 07, 2024, Robert W. Baird Upgraded its previous ‘Neutral’ rating to ‘Outperform’ on the stock increasing its target price from $531 to quote $688, while ‘Leerink Partners’ rates the stock as ‘Outperform’
In other news, TYLER BRIAN S., Chief Executive Officer sold 19,370 shares of the company’s stock on Jun 06 ’25. The stock was sold for $13,673,864 at an average price of $705.93. Upon completion of the transaction, the Chief Executive Officer now directly owns 51,243 shares in the company, valued at $36.86 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 06 ’25, Officer TYLER BRIAN S. bought 19,370 shares of the business’s stock. A total of $13,673,864 was incurred on buying the stock at an average price of $705.93. A total of 0.16% of the company’s stock is owned by insiders.
During the past 12 months, Mckesson Corporation has had a low of $464.42 and a high of $736.96. According to the stock market information, the enterprise value for the company is $93782745088, which is based on a 27.86 price-to-earnings ratio, a 2.22 price-to-earnings-growth ratio, and a beta of 0.51. The fifty day moving average price for MCK is $712.5518 and a two-hundred day moving average price translates $621.6566 for the stock.
The latest earnings results from Mckesson Corporation (NYSE: MCK) was released for 2025-03-31. The company reported revenue of $90.82 billion for the quarter, compared to $76.36 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 18.95 percent.
