Mckesson Stock Price on July 3, 2023
| MCK Stock | USD 709.49 1.45 0.20% |
If you're considering investing in McKesson Stock, it is important to understand the factors that can impact its price. As of today, the current price of McKesson stands at 709.49, as last reported on the 5th of August, with the highest price reaching 713.58 and the lowest price hitting 705.00 during the day. McKesson has Sharpe Ratio of -0.0148, which conveys that the firm had a -0.0148 % return per unit of volatility over the last 3 months. McKesson exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify McKesson's mean deviation of 0.9095, and Risk Adjusted Performance of 0.0133 to check out the risk estimate we provide. At this time, McKesson's Common Stock Shares Outstanding is quite stable compared to the past year. Issuance Of Capital Stock is expected to rise to about 138.3 M this year, although the value of Other Stockholder Equity is projected to rise to (18.1 B). . At this time, McKesson's Price Earnings Ratio is quite stable compared to the past year. Price Earnings To Growth Ratio is expected to rise to 1.88 this year, although the value of Price To Operating Cash Flows Ratio will most likely fall to 13.39. McKesson Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Price Book 5.0435 | Enterprise Value Ebitda 16.9167 | Price Sales 0.2473 | Shares Float 124.9 M | Dividend Share 2.75 |
McKesson Main Headline on 24th of July 2023
Sale by Britt Vitalone of 13330 shares of McKesson by Britt Vitalone
Filed transaction by Mckesson Corp officer. General open market or private sale of non-derivative or derivative security
McKesson Valuation on July 3, 2023
It is possible to determine the worth of McKesson on a given historical date. On July 3, 2023 McKesson was worth 410.23 at the beginning of the trading date compared to the closed value of 409.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of McKesson stock. Still, in general, we apply an absolute valuation method to find McKesson's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of McKesson where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against McKesson's related companies.
| Open | High | Low | Close | Volume | |
07/24/2023 | 410.23 | 413.16 | 408.08 | 409.23 | 415,000 |
| 407.04 | 408.46 | 405.30 | 407.34 | 703,400 |
| Backtest McKesson | | | McKesson History | | | McKesson Valuation | Next |
McKesson Trading Date Momentum on July 3, 2023
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.McKesson Fundamentals Correlations and Trends
By evaluating McKesson's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among McKesson's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. McKesson financial account trend analysis is a perfect complement when working with valuation or volatility modules.About McKesson Stock history
McKesson investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for McKesson is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in McKesson will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing McKesson stock prices may prove useful in developing a viable investing in McKesson
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 128.1 M | 176.8 M | |
| Net Income Applicable To Common Shares | 3.3 B | 3.5 B |
McKesson Stock Technical Analysis
McKesson technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
McKesson Period Price Range
Low | August 5, 2025
| High |
0.00 | 0.00 |
McKesson cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
McKesson August 5, 2025 Market Strength
Market strength indicators help investors to evaluate how McKesson stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading McKesson shares will generate the highest return on investment. By undertsting and applying McKesson stock market strength indicators, traders can identify McKesson entry and exit signals to maximize returns
McKesson Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for McKesson's price direction in advance. Along with the technical and fundamental analysis of McKesson Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of McKesson to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0133 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 0.0309 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in McKesson. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For more information on how to buy McKesson Stock please use our How to buy in McKesson Stock guide.You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Health Care Providers & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of McKesson. If investors know McKesson will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about McKesson listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.664 | Dividend Share 2.75 | Earnings Share 26.16 | Revenue Per Share | Quarterly Revenue Growth 0.189 |
The market value of McKesson is measured differently than its book value, which is the value of McKesson that is recorded on the company's balance sheet. Investors also form their own opinion of McKesson's value that differs from its market value or its book value, called intrinsic value, which is McKesson's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because McKesson's market value can be influenced by many factors that don't directly affect McKesson's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between McKesson's value and its price as these two are different measures arrived at by different means. Investors typically determine if McKesson is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, McKesson's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.