$3.57 EPS Expected for McKesson (MCK); BGC Partners Has 1.4 Sentiment

McKesson Corporation (NYSE:MCK) Logo

BGC Partners Inc (BGCP) investors sentiment increased to 1.4 in 2019 Q2. It’s up 0.12, from 1.28 in 2019Q1. The ratio increased, as 101 funds increased and started new stock positions, while 72 sold and trimmed stock positions in BGC Partners Inc. The funds in our database now have: 167.35 million shares, up from 165.20 million shares in 2019Q1. Also, the number of funds holding BGC Partners Inc in top ten stock positions decreased from 1 to 0 for a decrease of 1. Sold All: 29 Reduced: 43 Increased: 67 New Position: 34.

Analysts expect McKesson Corporation (NYSE:MCK) to report $3.57 EPS on October, 24.They anticipate $0.03 EPS change or 0.83% from last quarter’s $3.6 EPS. MCK’s profit would be $660.11 million giving it 9.39 P/E if the $3.57 EPS is correct. After having $3.31 EPS previously, McKesson Corporation’s analysts see 7.85% EPS growth. The stock decreased 1.27% or $1.72 during the last trading session, reaching $134.08. About 296,597 shares traded. McKesson Corporation (NYSE:MCK) has risen 10.37% since October 2, 2018 and is uptrending. It has outperformed by 10.37% the S&P500. Some Historical MCK News: 07/05/2018 - ROBBINS:ROBBINS SAID ADDED TO MCKESSON POSITION IN RECENT WEEKS; 22/03/2018 - McKesson Corp. CDS Widens 5 Bps; 15/05/2018 - McKesson Directors Must Face Investor Suit Over Opioid Shipments; 24/05/2018 - McKesson Board Authorizes Buyback of Up to Added $4 Billion; 25/04/2018 - MCKESSON - RESTRUCTURING PLAN CONSISTS OF AFTER-TAX GAAP CHARGES THAT ARE ESTIMATED TO BE APPROXIMATELY $150 MLN TO $210 MLN; 25/04/2018 - McKesson Launches Comprehensive Review of Operations; 25/04/2018 - McKesson Launches Multi-Year Strategic Growth Initiative; Reaffirms Fiscal 2018 Outlook and Provides Preliminary Fiscal 2019; 25/04/2018 - MCKESSON - INVESTMENT TO SUPPORT GROWTH INITIATIVES WILL BE PARTIALLY FUNDED BY SAVINGS FROM OPTIMIZATION OF CO’S OPERATING MODEL; 24/05/2018 - McKesson Sees FY19 Mid-Single-Digit Percent Rev Growth; 07/05/2018 - McKesson ideaShare: The lndependent’s Power to Perform

McKesson Corporation provides pharmaceuticals and medical supplies in the United States and internationally. The company has market cap of $24.79 billion. The firm operates in two divisions, McKesson Distribution Solutions and McKesson Technology Solutions. It has a 43.59 P/E ratio. The McKesson Distribution Solutions segment distributes branded and generic pharmaceutical drugs, and other healthcare-related products; and provides practice management, technology, clinical support, and business solutions to community oncology and other specialty practices.

Among 5 analysts covering McKesson (NYSE:MCK), 1 have Buy rating, 0 Sell and 4 Hold. Therefore 20% are positive. McKesson has $16400 highest and $13500 lowest target. $149.80’s average target is 11.72% above currents $134.08 stock price. McKesson had 7 analyst reports since May 7, 2019 according to SRatingsIntel. Morgan Stanley maintained it with “Equal-Weight” rating and $13500 target in Tuesday, August 27 report. JP Morgan maintained the shares of MCK in report on Monday, July 22 with “Overweight” rating. Credit Suisse maintained McKesson Corporation (NYSE:MCK) on Monday, July 22 with “Neutral” rating.

Investors sentiment decreased to 0.81 in Q2 2019. Its down 0.22, from 1.03 in 2019Q1. It dived, as 41 investors sold McKesson Corporation shares while 263 reduced holdings. 63 funds opened positions while 182 raised stakes. 154.39 million shares or 4.61% less from 161.85 million shares in 2019Q1 were reported. Gradient Invs Ltd Liability Corporation invested 0% in McKesson Corporation (NYSE:MCK). Sumitomo Mitsui Tru Inc holds 747,815 shares. Moreover, San Francisco Sentry Investment Gp (Ca) has 0.02% invested in McKesson Corporation (NYSE:MCK) for 382 shares. Moreover, Thomasville Savings Bank has 0.04% invested in McKesson Corporation (NYSE:MCK) for 1,665 shares. Burney reported 67,668 shares. Ally Fin accumulated 0.69% or 30,000 shares. Synovus Corp holds 4,058 shares or 0.01% of its portfolio. Moreover, Benjamin F Edwards And has 0.03% invested in McKesson Corporation (NYSE:MCK) for 2,734 shares. Putnam Ltd Company stated it has 334,460 shares or 0.1% of all its holdings. Ancora Advsrs Limited Liability holds 16,001 shares. Amalgamated Bankshares owns 27,344 shares for 0.09% of their portfolio. Caisse De Depot Et Placement Du Quebec has invested 0.55% in McKesson Corporation (NYSE:MCK). Shell Asset Management Communication stated it has 0.06% of its portfolio in McKesson Corporation (NYSE:MCK). Illinois-based Cna has invested 0.64% in McKesson Corporation (NYSE:MCK). Utd Services Automobile Association holds 173,420 shares.

More notable recent McKesson Corporation (NYSE:MCK) news were published by: Finance.Yahoo.com which released: “Is McKesson (NYSE:MCK) Using Too Much Debt? - Yahoo Finance” on September 23, 2019, also Benzinga.com with their article: “McCormick Trades Higher On Q3 Beat-And-Raise - Benzinga” published on October 01, 2019, Seekingalpha.com published: “Citron bearish on McKesson, shares down 2% - Seeking Alpha” on September 27, 2019. More interesting news about McKesson Corporation (NYSE:MCK) were released by: Seekingalpha.com and their article: “Wall Street Breakfast: Recession Red Flags? - Seeking Alpha” published on October 02, 2019 as well as Seekingalpha.com‘s news article titled: “J&J agrees to settlement with two Ohio counties ahead of opioid trial - Seeking Alpha” with publication date: October 02, 2019.

More notable recent BGC Partners, Inc. (NASDAQ:BGCP) news were published by: Seekingalpha.com which released: “BGC Partners completes $300M notes offering - Seeking Alpha” on September 30, 2019, also Seekingalpha.com with their article: “BGC Partners: Undercovered Gem - Seeking Alpha” published on September 24, 2019, Finance.Yahoo.com published: “BGC Partners (NASDAQ:BGCP) Shareholders Saw Negative Total Returns In The Last Year - Yahoo Finance” on July 16, 2019. More interesting news about BGC Partners, Inc. (NASDAQ:BGCP) were released by: Finance.Yahoo.com and their article: “At US$4.65, Is It Time To Put BGC Partners, Inc. (NASDAQ:BGCP) On Your Watch List? - Yahoo Finance” published on May 24, 2019 as well as Finance.Yahoo.com‘s news article titled: “Here’s What Hedge Funds Think About BGC Partners, Inc. (BGCP) - Yahoo Finance” with publication date: June 19, 2019.

Analysts await BGC Partners, Inc. (NASDAQ:BGCP) to report earnings on October, 24. They expect $0.15 EPS, down 64.29% or $0.27 from last year’s $0.42 per share. BGCP’s profit will be $51.80 million for 8.87 P/E if the $0.15 EPS becomes a reality. After $0.17 actual EPS reported by BGC Partners, Inc. for the previous quarter, Wall Street now forecasts -11.76% negative EPS growth.

Cardinal Capital Management Llc Ct holds 2.38% of its portfolio in BGC Partners, Inc. for 13.94 million shares. Philadelphia Financial Management Of San Francisco Llc owns 2.11 million shares or 1.94% of their US portfolio. Moreover, Doheny Asset Management Ca has 1.89% invested in the company for 432,471 shares. The California-based Gratia Capital Llc has invested 1.78% in the stock. Yorktown Management & Research Co Inc, a Virginia-based fund reported 473,800 shares.

BGC Partners, Inc. operates as a brokerage firm servicing the financial and real estate markets worldwide. The company has market cap of $1.84 billion. It operates in two divisions, Financial Services and Real Estate Services. It has a 10.32 P/E ratio. The Financial Services segment provides brokerage services for fixed income securities, interest rate swaps, foreign exchange, equities, equity derivatives, credit derivatives, commodities, futures, and structured products.

The stock 0.07% or $0 during the last trading session, reaching $5.32. It is down 19.01% since October 2, 2018 and is downtrending. It has underperformed by 19.01% the S&P500. Some Historical BGCP News: 07/03/2018 - BGC PARTNERS & NEWMARK TO REPAY REMAINING BALANCE OF $575M LOAN; 27/03/2018 - BGC PARTNERS SEES REV., PRETAX ADJ. EARNS ABOVE GUIDANCE; 23/03/2018 - BGC PARTNERS INC - CREDIT AGREEMENT REPLACED PREVIOUSLY EXISTING BGC CREDIT AGREEMENT OF $150 MLN BETWEEN PARTIES; 23/05/2018 - BGC Partners and Newmark Group Announce Upcoming Conference Details; 28/03/2018 - Newmark to Webcast Analyst Day Scheduled for Thursday, May 17, 2018; 26/03/2018 - BGC’S AMEREX ENERGY SERVICES WINS MANDATE FOR NA MARRIOTT SITES; 15/05/2018 - SANDELL BOOSTED BGC, MON, TIVO, ATUS IN 1Q: 13F; 07/03/2018 - BGC PARTNERS INC - FUNDED PURCHASE USING PROCEEDS FROM CONTROLLED EQUITY OFFERING PROGRAM; 09/03/2018 - BGC Partners Closes Above 200-Day Moving Average: Technicals; 28/03/2018 - BGC Partners to Webcast Analyst Day Scheduled for Thursday, May 17, 2018

McKesson Corporation (NYSE:MCK) Institutional Positions Chart

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