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S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
Stock market today: Asian shares mostly rise after House approves debt ceiling deal
Having Trouble in Your Trading? (Ad)
Alibaba Unveils Its Spin-Off Plans
The Most Upgraded Stocks From The Q1 Earnings Season
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
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KLA Shares Soars As Chip Equipment Makers Surge 21% In May
Can These Two Crypto Stocks Stage a Comeback?
S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
Stock market today: Asian shares mostly rise after House approves debt ceiling deal
Having Trouble in Your Trading? (Ad)
Alibaba Unveils Its Spin-Off Plans
The Most Upgraded Stocks From The Q1 Earnings Season
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Can the Dow's 2023 Runaway Winners Keep Running?
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
KLA Shares Soars As Chip Equipment Makers Surge 21% In May
Can These Two Crypto Stocks Stage a Comeback?
S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
Stock market today: Asian shares mostly rise after House approves debt ceiling deal
Having Trouble in Your Trading? (Ad)
Alibaba Unveils Its Spin-Off Plans
The Most Upgraded Stocks From The Q1 Earnings Season
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Can the Dow's 2023 Runaway Winners Keep Running?
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
KLA Shares Soars As Chip Equipment Makers Surge 21% In May
Can These Two Crypto Stocks Stage a Comeback?

AmerisourceBergen (ABC) Stock Forecast, Price & News

$170.10
+4.09 (+2.46%)
(As of 05/31/2023 ET)
Compare
Today's Range
$163.37
$170.81
50-Day Range
$150.93
$174.82
52-Week Range
$135.14
$176.62
Volume
5.08 million shs
Average Volume
1.30 million shs
Market Capitalization
$34.44 billion
P/E Ratio
21.86
Dividend Yield
1.14%
Price Target
$181.62

AmerisourceBergen MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.86 Rating Score
Upside/​Downside
6.8% Upside
$181.62 Price Target
Short Interest
Bearish
3.08% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.55
Upright™ Environmental Score
News Sentiment
0.53mentions of AmerisourceBergen in the last 14 days
Based on 9 Articles This Week
Insider Trading
Selling Shares
$55.41 M Sold Last Quarter
Proj. Earnings Growth
5.72%
From $11.88 to $12.56 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.32 out of 5 stars

Medical Sector

239th out of 1,006 stocks

Drugs, Proprietaries, & Sundries Industry

4th out of 7 stocks


ABC stock logo

About AmerisourceBergen (NYSE:ABC) Stock

AmerisourceBergen Corp. engages in the provision of pharmaceutical products and business solutions that improve access to care. It operates through the Pharmaceutical Distribution Services and Other segments. The Pharmaceutical Distribution Services segment distributes an offering of brand-name, specialty brand-name and generic pharmaceuticals, over-the-counter healthcare products, home healthcare supplies and equipment, and related services to healthcare providers, including acute care hospitals and health systems, independent and chain retail pharmacies, mail order pharmacies, medical clinics, and long-term care and alternate site pharmacies. The Other segment focuses on global commercialization services and animal health, and includes AmerisourceBergen Consulting Services ABCS, World Courier, and MWI. The company was founded by in Emil P. Martini in 1947 and is headquartered in Conshohocken, PA.

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ABC Stock News Headlines

We Called (ARWR) In Advance, Which Stocks Are Next?
Nearly 56% gains in 30 days! This bullish trend reversal was not only forecasted by A.I., but we called it 1 – 3 days in advance. If you have any money invested in the markets…even just your retirement, you’ll want to see this. Plus, it’s FREE - the training is only an hour & LIVE.
Expert Ratings for AmerisourceBergen
We Called (ARWR) In Advance, Which Stocks Are Next?
Nearly 56% gains in 30 days! This bullish trend reversal was not only forecasted by A.I., but we called it 1 – 3 days in advance. If you have any money invested in the markets…even just your retirement, you’ll want to see this. Plus, it’s FREE - the training is only an hour & LIVE.
AmerisourceBergen Recent Insider Activity
See More Headlines
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ABC Company Calendar

Last Earnings
5/02/2023
Ex-Dividend for 5/30 Dividend
5/11/2023
Dividend Payable
5/30/2023
Today
5/31/2023
Next Earnings (Estimated)
8/02/2023
Fiscal Year End
9/30/2023

Industry, Sector and Symbol

Industry
Drugs, proprietaries, & sundries
Sub-Industry
Health Care Distributors
Sector
Medical
CUSIP
03073E10
Employees
44,000
Year Founded
2001

Price Target and Rating

Average Stock Price Forecast
$181.62
High Stock Price Forecast
$201.00
Low Stock Price Forecast
$169.00
Forecasted Upside/Downside
+6.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.86
Research Coverage
14 Analysts

Profitability

Net Income
$1.70 billion
Pretax Margin
0.79%

Debt

Sales & Book Value

Annual Sales
$247.54 billion
Cash Flow
$15.20 per share
Book Value
$2.52 per share

Miscellaneous

Free Float
161,770,000
Market Cap
$34.44 billion
Optionable
Optionable
Beta
0.52

Social Links


Key Executives

  • Steven H. CollisSteven H. Collis
    Chairman, President & Chief Executive Officer
  • Robert P. MauchRobert P. Mauch
    Chief Operating Officer & Executive Vice President
  • James Francis Cleary
    Chief Financial Officer & Executive VP
  • Jennifer E. Dubas
    Chief Compliance Officer & Senior Vice President
  • Gina K. ClarkGina K. Clark
    EVP, Chief Communications & Administration Officer













ABC Stock - Frequently Asked Questions

Should I buy or sell AmerisourceBergen stock right now?

14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for AmerisourceBergen in the last year. There are currently 2 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ABC shares.
View ABC analyst ratings
or view top-rated stocks.

What is AmerisourceBergen's stock price forecast for 2023?

14 brokerages have issued 1-year target prices for AmerisourceBergen's shares. Their ABC share price forecasts range from $169.00 to $201.00. On average, they anticipate the company's stock price to reach $181.62 in the next year. This suggests a possible upside of 6.8% from the stock's current price.
View analysts price targets for ABC
or view top-rated stocks among Wall Street analysts.

How have ABC shares performed in 2023?

AmerisourceBergen's stock was trading at $165.71 at the start of the year. Since then, ABC shares have increased by 2.6% and is now trading at $170.10.
View the best growth stocks for 2023 here
.

Are investors shorting AmerisourceBergen?

AmerisourceBergen saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 5,180,000 shares, an increase of 24.5% from the April 30th total of 4,160,000 shares. Based on an average daily volume of 1,140,000 shares, the short-interest ratio is currently 4.5 days. Currently, 3.1% of the company's shares are short sold.
View AmerisourceBergen's Short Interest
.

When is AmerisourceBergen's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023.
View our ABC earnings forecast
.

How were AmerisourceBergen's earnings last quarter?

AmerisourceBergen Co. (NYSE:ABC) announced its quarterly earnings data on Tuesday, May, 2nd. The company reported $3.50 earnings per share for the quarter, topping analysts' consensus estimates of $3.29 by $0.21. The business had revenue of $63.46 billion for the quarter, compared to the consensus estimate of $60.40 billion. AmerisourceBergen had a net margin of 0.65% and a trailing twelve-month return on equity of 809.53%. AmerisourceBergen's quarterly revenue was up 9.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $3.22 EPS.
Read the conference call transcript
.

How often does AmerisourceBergen pay dividends? What is the dividend yield for AmerisourceBergen?

AmerisourceBergen declared a quarterly dividend on Tuesday, May 2nd. Shareholders of record on Friday, May 12th will be given a dividend of $0.485 per share on Tuesday, May 30th. This represents a $1.94 dividend on an annualized basis and a dividend yield of 1.14%. The ex-dividend date of this dividend is Thursday, May 11th.
Read our dividend analysis for ABC
.

Is AmerisourceBergen a good dividend stock?

AmerisourceBergen (NYSE:ABC) pays an annual dividend of $1.94 per share and currently has a dividend yield of 1.15%. The company has been increasing its dividend for 18 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 24.94%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ABC will have a dividend payout ratio of 15.45% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ABC.

What guidance has AmerisourceBergen issued on next quarter's earnings?

AmerisourceBergen updated its FY 2023 earnings guidance on Wednesday, May, 3rd. The company provided EPS guidance of $11.70-$11.90 for the period, compared to the consensus estimate of $11.63. The company issued revenue guidance of $252.90 billion-$257.67 billion, compared to the consensus revenue estimate of $252.03 billion.

What is Steve Collis' approval rating as AmerisourceBergen's CEO?

447 employees have rated AmerisourceBergen Chief Executive Officer Steve Collis on Glassdoor.com. Steve Collis has an approval rating of 83% among the company's employees.

What other stocks do shareholders of AmerisourceBergen own?

Based on aggregate information from My MarketBeat watchlists, some companies that other AmerisourceBergen investors own include NVIDIA (NVDA), Intel (INTC), AbbVie (ABBV), Walt Disney (DIS), CVS Health (CVS), Johnson & Johnson (JNJ), AT&T (T), JPMorgan Chase & Co. (JPM), Home Depot (HD) and Pfizer (PFE).

What is AmerisourceBergen's stock symbol?

AmerisourceBergen trades on the New York Stock Exchange (NYSE) under the ticker symbol "ABC."

Who are AmerisourceBergen's major shareholders?

AmerisourceBergen's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.44%), Price T Rowe Associates Inc. MD (5.07%), State Street Corp (3.67%), JPMorgan Chase & Co. (3.46%), Boston Partners (2.48%) and FMR LLC (2.18%). Insiders that own company stock include Elizabeth S Campbell, Gina Clark, Henry Wadsworth Mcgee III, Jane E Md Henney, John G Chou, John G Chou, Lazarus Krikorian, Leslie E Donato, Robert P Mauch, Silvana Battaglia, Steven H Collis and Walgreens Boots Alliance, Inc.
View institutional ownership trends
.

How do I buy shares of AmerisourceBergen?

Shares of ABC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is AmerisourceBergen's stock price today?

One share of ABC stock can currently be purchased for approximately $170.10.

How much money does AmerisourceBergen make?

AmerisourceBergen (NYSE:ABC) has a market capitalization of $34.44 billion and generates $247.54 billion in revenue each year. The company earns $1.70 billion in net income (profit) each year or $7.78 on an earnings per share basis.

How many employees does AmerisourceBergen have?

The company employs 44,000 workers across the globe.

Does AmerisourceBergen have any subsidiaries?
The following companies are subsidiares of AmerisourceBergen: AB Singapore Investments Pte Ltd, AB UK Holdings Ltd, ASD Specialty Healthcare LLC, Access M.D., Alliance Healthcare, Amerisource Receivables Financial Corporation, AmerisourceBergen Drug Corporation, AmerisourceBergen Global Holdings GmbH, AmerisourceBergen Global Manufacturer Services GmbH, AmerisourceBergen Group GmbH, AmerisourceBergen International Holdings Inc., AmerisourceBergen Luxembourg S.a.r.L., AmerisourceBergen Services Corporation, AmerisourceBergen Sourcing LLC, AmerisourceBergen Specialty Group LLC, Anderson Packaging, AutoMed Technologies, BPL Group LLC, BPLH Ireland Unlimited Company, Bellco Health, Brecon Pharmaceuticals, Bridge Medical Inc, CD Smith Healthcare, H. D. Smith, IgG America, International Physician Networks L.L.C., IntrinsiQ, Lash Group, MWI Veterinary Supply, Network for Medical Communications & Research, PMSI, PharMEDium Healthcare, Pharmacy Healthcare Solutions, Premier Source, St. Francis Group, Trent Drug, US Bioservices, Wight Nederland Holdco 2 BV, World Courier, World Courier Group S.à r.l., and Xcenda.
Read More
How can I contact AmerisourceBergen?

AmerisourceBergen's mailing address is 1300 MORRIS DRIVE, CHESTERBROOK PA, 19087. The official website for the company is www.amerisourcebergen.com. The company can be reached via phone at (610) 727-7000, via email at investorrelations@amerisourcebergen.com, or via fax at 800-640-5221.

This page (NYSE:ABC) was last updated on 6/1/2023 by MarketBeat.com Staff

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