Why McKesson (MCK) is a Top Value Stock for the Long-Term
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.
While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.
Why Investors Should Pay Attention to This Value Stock
Value investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, and Price/Cash Flow, the Value Style Score identifies the most attractive and most discounted stocks.
McKesson (MCK)
San Francisco, CA-based McKesson Corporation is a health care services and information technology company. McKesson operates through two segments:
MCK boasts a Value Style Score of A and VGM Score of A, and holds a Zacks Rank #3 (Hold) rating. Shares of McKesson are trading at a forward earnings multiple of 16.6X, as well as a PEG Ratio of 1.6, a Price/Cash Flow ratio of 14.1X, and a Price/Sales ratio of 0.2X.
Many value investors pay close attention to a company's earnings as well. For MCK, four analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.04 to $27.25 per share for 2024. Per share MCK boasts an average earnings surprise of 8.9%.
Investors should take the time to consider MCK for their portfolios due to its solid Zacks Ranks, notable earnings and valuation metrics, and impressive Value and VGM Style Scores.
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McKesson Corporation (MCK) : Free Stock Analysis Report
