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How to buy McKesson stock in Canada
Learn how to buy McKesson stock in 5 easy steps.
McKesson is a medical distribution business based in the US. McKesson stocks (MCK.US) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $357.78 – an increase of 3.24% over the previous week. McKesson employs 58,000 staff and has a trailing 12-month revenue of around $273.9 billion.
How to buy McKesson stock
- Choose a stock trading platform. Use our comparison table or choose from our Top Picks below.
- Open an account. Provide your personal information and sign up.
- Fund your account. Deposit funds unto your account by linking your banking information or transfer funds from another trading account.
- Search for the stock name – MCK. Search for the stock by name or ticker symbol.
- Buy the stock. Place your order. It's that simple.
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What's in this guide?
- Can I buy shares in McKesson?
- Has coronavirus impacted McKesson shares?
- McKesson shares summary
- Compare share dealing platforms
- Is McKesson stock a buy or sell?
- McKesson performance over time
- Is McKesson suitable for ethical investing?
- Are McKesson shares over-valued?
- McKesson's financials
- How volatile are McKesson shares?
- Does McKesson pay a dividend?
- Have McKesson shares ever split?
- Other common questions
McKesson stock price (NYSE:MCK)Use our graph to track the performance of MCK stocks over time.
McKesson shares at a glance
|Latest market close||$357.78|
|52-week range||$297.37 - $400.60|
|50-day moving average||$357.62|
|200-day moving average||$357.40|
|Wall St. target price||$429.75|
|Dividend yield||$2.02 (0.61%)|
|Earnings per share (TTM)||$21.77|
Buy McKesson stocks from these online trading platformsCompare special offers, low fees and a wide range of investment options among top trading platforms.
Note: The dollar amounts in the table below are in Canadian dollars.
Is it a good time to buy McKesson stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
McKesson price performance over time
Historical closes compared with the close of $357.78 from 2023-03-30
|1 week (2023-03-24)||3.24%|
|1 month (2023-03-03)||3.50%|
|3 months (2022-12-30)||-4.62%|
|6 months (2022-09-30)||5.27%|
|1 year (2022-03-27)||N/A|
|2 years (2021-03-31)||83.44%|
|3 years (2020-03-31)||164.51%|
|5 years (2018-03-29)||153.98%|
Is McKesson stock undervalued or overvalued?
Valuing McKesson stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of McKesson's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
McKesson's P/E ratio
McKesson's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 16x. In other words, McKesson shares trade at around 16x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
McKesson's PEG ratio
McKesson's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.6173. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into McKesson's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
McKesson's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $4.7 billion.
The EBITDA is a measure of a McKesson's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||$273.9 billion|
|Operating margin TTM||1.54%|
|Gross profit TTM||$13.1 billion|
|Return on assets TTM||4.17%|
|Return on equity TTM||0%|
|Market capitalisation||$49.3 billion|
TTM: trailing 12 months
McKesson's environmental, social and governance track record
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like McKesson.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
McKesson's total ESG risk score
Total ESG risk: 23.8
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and McKesson's overall score of 23.8 (as at 01/01/2019) is pretty good – landing it in it in the 26th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like McKesson is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
McKesson's environmental score
Environmental score: 9.12/100
McKesson's environmental score of 9.12 puts it squarely in the 8th percentile of companies rated in the same sector. This could suggest that McKesson is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
McKesson's social score
Social score: 17.15/100
McKesson's social score of 17.15 puts it squarely in the 8th percentile of companies rated in the same sector. This could suggest that McKesson is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
McKesson's governance score
Governance score: 12.53/100
McKesson's governance score puts it squarely in the 8th percentile of companies rated in the same sector. That could suggest that McKesson is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
McKesson's controversy score
Controversy score: 4/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. McKesson scored a 4 out of 5 for controversy – the second-lowest score possible, reflecting that McKesson has a damaged public profile.
McKesson share dividends
Dividend payout ratio: 8.49% of net profits
Recently McKesson has paid out, on average, around 8.49% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.61% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), McKesson shareholders could enjoy a 0.61% return on their shares, in the form of dividend payments. In McKesson's case, that would currently equate to about $2.02 per share.
While McKesson's payout ratio might seem low, this can signify that McKesson is investing more in its future growth.
McKesson's most recent dividend payout was on 3 April 2023. The latest dividend was paid out to all shareholders who bought their shares by 28 February 2023 (the "ex-dividend date").
Have McKesson's shares ever split?
McKesson's shares were split on a 2:1 basis on 5 January 1998. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your McKesson shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for McKesson shares which in turn could have impacted McKesson's share price.
McKesson share price volatility
Over the last 12 months, McKesson's shares have ranged in value from as little as $297.3725 up to $400.6021. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while McKesson's is 0.5917. This would suggest that McKesson's shares are less volatile than average (for this exchange).
McKesson Corporation provides healthcare services in the United States and internationally. It operates through four segments: U. S. Pharmaceutical, International, Medical-Surgical Solutions, and Prescription Technology Solutions (RxTS). The U. S. Pharmaceutical segment distributes branded, generic, specialty, biosimilar, and over-the-counter pharmaceutical drugs and other healthcare-related products.
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Frequently asked questions
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.
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