Anticipated $3.54 EPS for McKesson Corporation (MCK) as of May, 24

May 16, 2018 - By Robert Reynolds

McKesson Corporation (NYSE:MCK) Corporate Logo
Big Money Sentiment decreased to 0.79 in 2017 Q4. It has change of 0.09, from 2017Q3’s 0.88. The ratio dropped due to McKesson Corporation positioning: 73 sold and 310 reduced. 79 funds bought stakes and 222 increased stakes. Investors holded 180.04 million in 2017Q3 but now own 177.79 million shares or 1.25% less.
Leisure Management holds 0.17% of its capital in McKesson Corporation (NYSE:MCK) for 1,338 shs. Kiltearn Limited Liability Partnership reported 1.80 million shs. Warren Averett Asset Ltd Llc reported 6,712 shs stake. Dimensional Fund Advsr Lp reported 0.08% of its capital in McKesson Corporation (NYSE:MCK). State Board Of Administration Of Florida Retirement Systems holds 0.12% or 289,059 shs. Qs Investors Ltd Liability Corporation accumulated 10,978 shs. Family Firm invested in 1,922 shs. Moreover, State Of New Jersey Common Pension Fund D has 0.08% invested in McKesson Corporation (NYSE:MCK) for 135,000 shs. 2,928 are owned by Drw Secs Limited Liability Corp. Aperio Gru Ltd Liability Co holds 0.17% or 212,730 shs in its capital. Clarkston Cap Prtn Limited Liability Co reported 0.29% of its capital in McKesson Corporation (NYSE:MCK). Proshare Ltd has 43,805 shs. 700 are owned by Nikko Asset Americas. Bankshares Of Hawaii holds 5,474 shs. Massachusetts Svcs Co Ma accumulated 6.99 million shs or 0.46% of the stock.

McKesson Corporation registered $10.61 million net activity with 0 insider purchases and 2 selling transactions since December 14, 2017. Lampert Erin M sold $211,071 worth of stock.

McKesson Corporation (NYSE:MCK)’s earnings release is awaited by WallStreet on May, 24, according to Zacks. earnings per share of $3.54 is 4.42 % up from 2017’s $3.39 EPS. MCK’s profit could hit $730.45M with 10.60 P/E in case $3.54 earnings per share is published. Last quarter $3.41 earnings per share was reported. Analysts sees 3.81 % EPS growth this quarter. MCK hit $150.13 during the last trading session after $0.54 change.McKesson Corporation has volume of 679,408 shares. Since May 16, 2017 MCK has declined 6.57% and is downtrending. MCK underperformed by 18.12% the S&P 500.

McKesson Corporation (NYSE:MCK) Ratings Coverage

In total 11 analysts cover McKesson (NYSE:MCK). “Buy” rating has 7, “Sell” are 1, while 3 are “Hold”. (NYSE:MCK) has 64% bullish analysts. 13 are the (NYSE:MCK)’s ratings reports on May 16, 2018 according to StockzIntelligence Inc. On Wednesday, January 24 Mizuho maintained the shares of MCK in report with “Hold” rating. On Monday, December 18 the stock of McKesson Corporation (NYSE:MCK) has “Sell” rating given by Credit Suisse. On Wednesday, April 11 the firm earned “Buy” rating by Bank of America. On Thursday, February 1 the firm has “Hold” rating given by RBC Capital Markets. On Wednesday, January 17 the rating was maintained by Robert W. Baird with “Buy”. The stock rating was maintained by Cowen & Co with “Buy” on Wednesday, April 18. On Thursday, February 1 Mizuho maintained McKesson Corporation (NYSE:MCK) with “Hold” rating. The company rating was upgraded by Jefferies on Wednesday, January 24. In Friday, February 2 report Needham maintained it with “Buy” rating and $185.0 target.

McKesson Corporation provides pharmaceuticals and medical supplies in the United States and internationally.The company has $30.98 billion market cap. The firm operates in two divisions, McKesson Distribution Solutions and McKesson Technology Solutions.6.6 is the P/E ratio. The McKesson Distribution Solutions segment distributes branded and generic pharmaceutical drugs, and other healthcare-related products; and provides practice management, technology, clinical support, and business solutions to community oncology and other specialty practices.

For more McKesson Corporation (NYSE:MCK) news released briefly go to: Seekingalpha.com, Globenewswire.com, Streetinsider.com, Seekingalpha.com or Streetinsider.com. The titles are as follows: “More states sue over opioid epidemic” released on May 16, 2018, “Consolidated Research: 2018 Summary Expectations for STORE Capital, Microvision, International Game Technology …” on May 11, 2018, “Glenview Capital Enters AmerisourceBergen (ABC), Express Scripts (ESRX), T-Mobile (TMUS) (more…) -13F” with a publish date: May 15, 2018, “McKesson – Deeply Undervalued” and the last “Rite Aid (RAD)/Albertsons More Likely to Depart McKesson (MCK), a Positive for AmerisourceBergen (ABC) – RBC” with publication date: May 15, 2018.

McKesson Corporation (NYSE:MCK) Institutional Investors Chart

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