McKesson Corporation (MCK) – The Long Game That Investors Are Missing

Tyler Brian Scott, Chief Executive Officer, subtracted 1,488 shares of McKesson Corporation (MCK) from its portfolio at the rate of $125.49 per share valuing $186,729 on May 30. The insider left behind 12,192 shares of the company to its portfolio. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of McKesson Corporation (MCK) was $143.82. Currently, the 1st Resistance Point for this stock is $147.45, with a 2nd Resistance Point sitting at $151.09. Meanwhile, this company’s stock has a 1st Support Level at $140.96 and a 2nd Support Level at $138.11. McKesson Corporation (MCK) stock has gained $3.08, or 2.19%, in the past five days. In the last full month, these shares have gained $11.22, or 8.46%. In the past three months, this stock’s price has risen by $29.63, or 25.95%. This year-to-date, McKesson Corporation (MCK) shares have gained $33.35, or 30.19%.

Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For McKesson Corporation (MCK) stock, 100% of short-term indicators suggest that these shares are a “ Buy .” Meanwhile, 100% of medium-term indicators point to this stock being a “ Buy .” Looking further ahead, 100% of long-term indicators suggest that this stock is a “ Buy .”

With 186,377 K shares outstanding, this company currently has a market capitalization of $26,804,740K. McKesson Corporation (MCK) generates $214,319 M in annual sales, amounting to annual net income of $34,000 K. This stock has generated a 1-Year Total Return of 6.77%, a 3-Year Total Return of -27.05%, and a 5-year Total Return of -24.88%. This stock’s 5-Year Dividend Growth is 64.13%, with its most recent dividend valued at $0.390 per share on 05/31/19. Its Annual Dividend Yield is 1.11%, and its Annual Dividend Rate is 1.56.

In the most recently-reported fiscal quarter, which ended in Mar-19, McKesson Corporation (MCK) reported earnings of $3.69 per share. Wall Street analysts, on average, were expecting the company to report earnings of $3.66 per share, representing a 0.03 difference and 0.83% surprise. In the previous quarter ending in Dec-18, the reported earnings of $3.40 represented a 0.24 difference from the consensus estimate calling for $3.16 per share, which was a 7.63% surprise.

For the current fiscal quarter, which is set to end in 06/2019, the average earnings estimate is $3.07 per share. This estimate came from a total of 4 Wall Street Analysts. Of those market experts, the high estimate was $3.17 and the low estimate was $2.90. In the year-ago quarter, McKesson Corporation (MCK) generated per-share earnings of $2.90. If the analysts are correct about the current quarter’s earnings, the growth will be +5.86% .

Turning our focus now to insider trading activity, there have been 16 purchases (28,841 shares in total) and 19 sale (17,099 shares in total) in the last 3 months. In the last 6 months, there have been 17 insider buys amounting to 38,841 shares and 20 insider sales amounting to 24,799 shares. In the past full year, 20 insider purchases were made (involving 42,891 shares) and 23 insider sell-offs equivalent to 28,849 shares.

Moving onto liquidity, McKesson Corporation (MCK) has a Current Ratio of 1.02, a Quick Ratio of 0.58 and a Cash Ratio of 0.08. Looking at this company’s capital structure, its Total Debt to Total Equity is 93.83, its Total Debt to Total Capital is 48.41, and its Total Debt to Total Assets is now 12.73. Looking even further ahead into the future, its Long-Term Debt to Equity is 89.76 and its Long-Term Debt to Total Capital is 46.31.