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S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
NYSE:ABC

AmerisourceBergen Stock Forecast, Price & News

$148.46
+3.86 (+2.67%)
(As of 06/24/2022 07:00 PM ET)
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Today's Range
$143.20
$149.01
50-Day Range
$140.68
$165.73
52-Week Range
$111.34
$167.19
Volume
4.12 million shs
Average Volume
1.38 million shs
Market Capitalization
$31.10 billion
P/E Ratio
18.10
Dividend Yield
1.24%
Price Target
$169.82
30 days | 90 days | 365 days | Advanced Chart

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ABC Stock Forecast (MarketRank)

Overall MarketRank

3.46 out of 5 stars

Medical Sector

2nd out of 1,411 stocks

Drugs, Proprietaries, & Sundries Industry

1st out of 8 stocks

Analyst Opinion: 3.3Community Rank: 4.4Dividend Strength: 4.2Insider Behavior: 4.2Valuation: 1.3 5 -4 -3 -2 -1 -
AmerisourceBergen logo

About AmerisourceBergen (NYSE:ABC)

AmerisourceBergen Corporation sources and distributes pharmaceutical products in the United States and internationally. Its Pharmaceutical Distribution segment distributes brand-name and generic pharmaceuticals, over-the-counter healthcare products, home healthcare supplies and equipment, and related services to various healthcare providers, including acute care hospitals and health systems, independent and chain retail pharmacies, mail order pharmacies, medical clinics, long-term care and alternate site pharmacies, and other customers. It also provides pharmacy management, staffing, and other consulting services; supply management software to retail and institutional healthcare providers; and packaging solutions to various institutional and retail healthcare providers. In addition, this segment distributes plasma and other blood products, injectable pharmaceuticals, vaccines, and other specialty products; provides other services primarily to physicians who specialize in various disease states, primarily oncology, as well as to other healthcare providers, including hospitals and dialysis clinics; and offers data analytics, outcomes research, and additional services for biotechnology and pharmaceutical manufacturers. The company's Other segment provides integrated manufacturer services, such as clinical trial support, product post-approval, and commercialization support; specialty transportation and logistics services for the biopharmaceutical industry; and sells pharmaceuticals, vaccines, parasiticides, diagnostics, micro feed ingredients, and various other products to customers in the companion animal and production animal markets, as well as demand-creating sales force services to manufacturers. AmerisourceBergen Corporation was incorporated in 2001 and is headquartered in Conshohocken, Pennsylvania.

ABC Stock News Headlines

AmerisourceBergen (NYSE:ABC) PT Raised to $174.00
Brokerages Set AmerisourceBergen Co. (NYSE:ABC) PT at $169.25
See More Headlines

Industry, Sector and Symbol

Industry
Drugs, proprietaries, & sundries
Sub-Industry
Health Care Distributors
Sector
Medical
CUSIP
03073E10
Employees
42,000
Year Founded
2001

Company Calendar

Last Earnings
5/04/2022
Ex-Dividend for 5/31 Dividend
5/13/2022
Dividend Payable
5/31/2022
Today
6/26/2022
Next Earnings (Estimated)
8/03/2022
Fiscal Year End
9/30/2022

Price Target and Rating

Average Stock Price Forecast
$169.82
High Stock Price Forecast
$187.00
Low Stock Price Forecast
$145.00
Forecasted Upside/Downside
+14.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.66666666666667
Research Coverage
9 Analysts

Profitability

Net Income
$1.54 billion
Pretax Margin
1.07%

Debt

Sales & Book Value

Annual Sales
$213.99 billion
Cash Flow
$11.75 per share
Book Value
$2.81 per share

Miscellaneous

Free Float
149,976,000
Market Cap
$31.10 billion
Optionable
Optionable
Beta
0.45

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AmerisourceBergen Frequently Asked Questions

Should I buy or sell AmerisourceBergen stock right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AmerisourceBergen in the last year. There are currently 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" AmerisourceBergen stock.
View analyst ratings for AmerisourceBergen
or view top-rated stocks.

What is AmerisourceBergen's stock price forecast for 2022?

9 equities research analysts have issued 1-year price targets for AmerisourceBergen's shares. Their ABC stock forecasts range from $145.00 to $187.00. On average, they anticipate AmerisourceBergen's stock price to reach $169.82 in the next year. This suggests a possible upside of 14.4% from the stock's current price.
View analysts' price targets for AmerisourceBergen
or view top-rated stocks among Wall Street analysts.

How has AmerisourceBergen's stock price performed in 2022?

AmerisourceBergen's stock was trading at $132.89 on January 1st, 2022. Since then, ABC shares have increased by 11.7% and is now trading at $148.46.
View the best growth stocks for 2022 here
.

Are investors shorting AmerisourceBergen?

AmerisourceBergen saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 3,440,000 shares, an increase of 39.8% from the April 30th total of 2,460,000 shares. Based on an average daily trading volume, of 1,410,000 shares, the days-to-cover ratio is presently 2.4 days. Approximately 2.2% of the shares of the company are short sold.
View AmerisourceBergen's Short Interest
.

When is AmerisourceBergen's next earnings date?

AmerisourceBergen is scheduled to release its next quarterly earnings announcement on Wednesday, August 3rd 2022.
View our earnings forecast for AmerisourceBergen
.

How were AmerisourceBergen's earnings last quarter?

AmerisourceBergen Co. (NYSE:ABC) announced its quarterly earnings data on Wednesday, May, 4th. The company reported $3.22 EPS for the quarter, topping the consensus estimate of $2.99 by $0.23. The business earned $57.72 billion during the quarter, compared to the consensus estimate of $57.26 billion. AmerisourceBergen had a net margin of 0.75% and a trailing twelve-month return on equity of 349.46%. The business's quarterly revenue was up 17.4% on a year-over-year basis. During the same period last year, the company earned $2.53 earnings per share.
View AmerisourceBergen's earnings history
.

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

AmerisourceBergen announced a quarterly dividend on Wednesday, May 4th. Shareholders of record on Monday, May 16th will be paid a dividend of $0.46 per share on Tuesday, May 31st. This represents a $1.84 dividend on an annualized basis and a dividend yield of 1.24%. The ex-dividend date of this dividend is Friday, May 13th.
View AmerisourceBergen's dividend history
.

Is AmerisourceBergen a good dividend stock?

AmerisourceBergen(NYSE:ABC) pays an annual dividend of $1.84 per share and currently has a dividend yield of 1.24%. AmerisourceBergen 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 of AmerisourceBergen is 22.44%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AmerisourceBergen will have a dividend payout ratio of 16.08% next year. This indicates that AmerisourceBergen will be able to sustain or increase its dividend.
View AmerisourceBergen's dividend history.

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

AmerisourceBergen issued an update on its FY 2022 earnings guidance on Wednesday, June, 22nd. The company provided earnings per share guidance of $10.80-$11.05 for the period, compared to the consensus earnings per share estimate of $10.95. The company issued revenue guidance of -.

Who are AmerisourceBergen's key executives?

AmerisourceBergen's management team includes the following people:

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

447 employees have rated AmerisourceBergen CEO Steve Collis on Glassdoor.com. Steve Collis has an approval rating of 83% among AmerisourceBergen's employees.

Who are some of AmerisourceBergen's key competitors?

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 variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (8.80%), BlackRock Inc. (7.87%), JPMorgan Chase & Co. (3.54%), State Street Corp (3.31%), Boston Partners (2.23%) and Capital Research Global Investors (1.63%). Company insiders that own AmerisourceBergen stock include Dermot Mark Durcan, Elizabeth S Campbell, Gina Clark, Henry Wadsworth Mcgee III, Jane E Md Henney, John G Chou, John G Chou, Kathleen W Hyle, Kathy H Gaddes, Lazarus Krikorian, Robert P Mauch, Silvana Battaglia, Steven H Collis and Walgreens Boots Alliance, Inc.
View institutional ownership trends for AmerisourceBergen
.

Which major investors are selling AmerisourceBergen stock?

ABC stock was sold by a variety of institutional investors in the last quarter, including Suvretta Capital Management LLC, Beutel Goodman & Co Ltd., JPMorgan Chase & Co., Neuberger Berman Group LLC, First Trust Advisors LP, Glenview Capital Management LLC, TimesSquare Capital Management LLC, and TD Asset Management Inc.. Company insiders that have sold AmerisourceBergen company stock in the last two years include Elizabeth S Campbell, Gina Clark, Henry Wadsworth Mcgee III, John G Chou, Lazarus Krikorian, Robert P Mauch, Silvana Battaglia, Steven H Collis, and Walgreens Boots Alliance, Inc.
View insider buying and selling activity for AmerisourceBergen
or view top insider-selling stocks.

Which major investors are buying AmerisourceBergen stock?

ABC stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Vanguard Group Inc., Invesco Ltd., Bank of America Corp DE, Envestnet Asset Management Inc., The Manufacturers Life Insurance Company , Strs Ohio, and DekaBank Deutsche Girozentrale.
View insider buying and selling activity for AmerisourceBergen
or or view top insider-buying stocks.

How do I buy shares of AmerisourceBergen?

Shares of ABC 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 $148.46.

How much money does AmerisourceBergen make?

AmerisourceBergen (NYSE:ABC) has a market capitalization of $31.10 billion and generates $213.99 billion in revenue each year. The company earns $1.54 billion in net income (profit) each year or $8.199990 on an earnings per share basis.

How many employees does AmerisourceBergen have?

AmerisourceBergen employs 42,000 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

When was AmerisourceBergen founded?

AmerisourceBergen was founded in 2001.

How can I contact AmerisourceBergen?

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

This page (NYSE:ABC) was last updated on 6/27/2022 by MarketBeat.com Staff

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