|Bid||140.09 x 1800|
|Ask||157.60 x 800|
|Day's Range||155.04 - 156.97|
|52 Week Range||110.52 - 156.97|
|Beta (5Y Monthly)||1.12|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 03, 2020|
|Forward Dividend & Yield||1.64 (1.05%)|
|Ex-Dividend Date||Nov 27, 2019|
|1y Target Est||159.33|
So far this year, the news is pretty good for investors: The S&P 500 Health Care sector index is up 2.5%, keeping pace with the broader S&P 500, which has gained 3.1%.
Moody's Investors Service ("Moody's") affirmed McKesson Corporation's ("McKesson") Baa2 senior unsecured rating and Prime-2 senior unsecured commercial paper rating. The affirmation of the Baa2 rating reflects Moody's view that McKesson's cash flow will remain strong, with approximately $2.5 billion of free cash flow after dividends per annum over the next three years. The affirmation also reflects Moody's view that the company will reduce share repurchases and other discretionary spending in an effort to prioritize debt repayment so that credit metrics will be restored in the event of a large litigation settlement.
Dentsply (XRAY) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
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Oklahoma Attorney General Mike Hunter on Monday brought a lawsuit against three distributors of opioids after winning a lawsuit against one drug manufacturer and reaching pretrial settlements in other cases.
McKesson Corporation (NYSE:MCK) will present at the 38th Annual J.P. Morgan Healthcare Conference at the Westin St. Francis Hotel in San Francisco tomorrow, January 14, 2020 at 9:00 AM PT (12:00 PM ET). Brian Tyler, chief executive officer of McKesson, will provide a company overview and review topics including:
Prominent Atlanta developer Portman Holdings last month bought the nearly 4-acre funeral home and gardens, which occupy a high point in Midtown at Spring and 10th streets. The nearly $40 million deal between Portman Holdings and the owner of the property, an affiliate of Houston-based Service Corp. International (NYSE: SCI), closed on Dec. 19, according to Fulton County real estate records. The Spring Hill Mortuary has been a sought-after site in Midtown for years.
McKesson Corporation (NYSE:MCK) announced today that its third quarter fiscal 2020 financial results will be released before market open on Tuesday, February 4, 2020. The company will host a conference call at 8:00 AM Eastern Time to discuss the financial results.
Hedge funds are known to underperform the bull markets but that's not because they are bad at investing. Truth be told, most hedge fund managers and other smaller players within this industry are very smart and skilled investors. Of course, they may also make wrong bets in some instances, but no one knows what the […]
McKesson Corporation (NYSE:MCK) today reaffirmed its Adjusted Earnings per diluted share guidance of $14.00 to $14.60 for the fiscal year ending March 31, 2020.
McKesson Corporation (NYSE: MCK) announced today that it has been selected by the Department of Veterans Affairs (VA), which runs the nation’s largest integrated healthcare system, to continue as the prime pharmaceutical supplier for the agency. Under the new agreement, which takes effect in Aug. 2020, McKesson will supply all of the VA's medical centers and outpatient clinics, as well as the VA's Consolidated Mail Outpatient Pharmacies (CMOPs). The initial two-year contract includes options for up to three, two-year extensions.
Walgreens Boots Alliance (Nasdaq: WBA) and McKesson Corporation (NYSE: MCK) today signed an agreement to create a joint venture that will combine their respective pharmaceutical wholesale businesses in Germany, Alliance Healthcare Deutschland and GEHE Pharma Handel. WBA will have a 70% controlling equity interest in the joint venture and McKesson will have a 30% ownership interest.
McKesson Corporation (NYSE: MCK) announced today it will host a sell-side analyst meeting on Wednesday, December 18, 2019 at its corporate headquarters in Irving, Texas. During the meeting, CEO Brian Tyler and CFO Britt Vitalone will provide a general business update.
McKesson Corporation (NYSE:MCK) today announced that Nancy Flores will join McKesson as its new executive vice president, chief information officer (CIO) and chief technology officer (CTO) on Jan. 13, 2020, succeeding Kathy McElligott who announced her retirement earlier this year. Flores currently serves as CIO for Johnson Controls, where she is responsible for Global Business Services, which includes back office shared services, information technology, cybersecurity and analytics.
As IoT slowly takes over the healthcare fraternity, let's take a look at three stocks which might prove to be profitable investment options over the long run.
Before we spend countless hours researching a company, we like to analyze what insiders, hedge funds and billionaire investors think of the stock first. This is a necessary first step in our investment process because our research has shown that the elite investors' consensus returns have been exceptional. In the following paragraphs, we find out […]