Looking at top Wall Street opinions, McKesson Corporation (NYSE: MCK) has recently made its way into the research list of UBS – signaling that their analyst’s rating adjustment is noteworthy. This stock was Neutral in the eyes of UBS, as reported on Thursday, January 17th, 2019. Another heavy-hitting research note was published by Barclays on Friday October 26th, 2018, with this firm Reiterated MCK to an updated rating of Equal Weight. In the past six months and three months of trading, shares of McKesson Corporation (MCK) have moved by -13.22% and 1.83%, respectively.
Brokerage Updates Related to McKesson Corporation (MCK) Stock
This publicly-traded organization generated losses of -0.24% over the last 5 sessions. Right now, this stock is the subject of 17 analysts’ evaluations, who – on average – have given this company’s shares a Buy rating. Not a Single analyst have given underperform rating or sell rating, and 3 have given a rating of Buy or better. Based on the 17 stock market experts following this company, the average 12-month price target is $137.31. Moreover, individual price targets range between $127.00-$162.00. With its recent move to $136.00, we can see that these firms project this stock will loss by -18.63% in one year.
Updates from McKesson Corporation (MCK) SEC Form 4
This particular company’s shares have garnered a lot of attention in recent days, as insiders are unloading their holdings while having generated a 0.29% rise since the beginning of the calendar year. A EVP, GC & Chief Compl. Officer at McKesson Corporation (MCK) sold off some of its shares in a transaction that was finalized on Jan 16. Similarly, KNOWLES MARIE L/CA sold 1,350 shares of the organization’s stock at $128.69 apiece and racked up $173,732 in earnings from the sale. Now, KNOWLES MARIE L/CA holds 0 shares of the company following the exchange. A Director of the organization named JACOBS M CHRISTINE, was engaged in a transaction that occurred on Aug 31 that managed to be worth $173,732 from the sale of 1,350 common shares at a price of $128.69 per individual share.
McKesson Corporation (NYSE:MCK) Results in the Pipeline
The next scheduled release of financial results for McKesson Corporation will be for the Dec-18 quarter. As it stands right now, market analysts are anticipating the per-share earnings for the three-month period will be $3.16. In the same vein, they expect sales for the quarter to amount to $55,100.70 million.
Now let’s turn to earnings surprise history: in the most recent quarter, the company reported about $56,208.00 million in revenue alongside EPS at $3.40. On average, the analyst projection was calling for $53,075.00 million with $3.60 per share in earnings, respectively. In the preceding quarter, this company’s revenue reached $52,607.00 million, with earnings per share ending up at $2.90.
Rite Aid Corporation (NYSE:RAD) experienced a gain of 1.37% from the closing price in the previous trading day.
Pricing Indications for Rite Aid Corporation (RAD)
This organization has had a price-to-earnings ratio of in the last year. Meanwhile, it gained 0.73 from its observable 50-day simple moving average. Right at this moment, the per-share value is -52.61% lower than the mean per-share price over the last 200 days in the market.
Rite Aid Corporation (NYSE:RAD) In-Depth Brokerage Insights
We can see that a number of brokerage firms are putting their focus onto this stock. Out of this group, 0 have a sell rating, 0 have a Buy rating, 0 have an outperform rating, while 2 provided a Hold rating for these shares – thanks to data from Thomson Reuters I/B/E/S. Additionally, 2 have recommended that these shares are an Underperforming investment. The current consensus recommendation is at 3.40 , based on information from Thomson Reuters.
RAD Stock Value Potential
In trading activity as of late, this stock’s value was 1.15 up from its 200 day moving average, while also -25.96% down when compared against its 50-day simple moving average. Over the course of the past year of trading, the share price stuck in the range of $0.50-$1.00. The market value for the entire organization reached 607.24M. In the last trading session, the price ended the day at $0.54. The institutional holdings related to this organization account for 1.50%, and the Beta factor is now 1.84. This company’s RSI (Relative Strength Index) managed to hit 24.83.
Rite Aid Corporation (NYSE:RAD) Analyst Points of Focus
Rite Aid Corporation (RAD) has found itself inside of Goldman’s research list, so their analyst rating adjustment is worth taking note of. This stock was Resumed to Sell, by Goldman, as garnered from a news report on Thursday September 6th, 2018. An additional helpful research note was sent out by Evercore ISI’s on Friday January 5th, 2018. The brokerage decided to initiated RAD to Underperform.