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AmerisourceBergen Stock Price, Forecast & Analysis (NYSE:ABC)

$87.30
+1.17 (+1.36 %)
(As of 11/15/2019 04:00 PM ET)
Today's Range
$85.45
Now: $87.30
$87.74
50-Day Range
$80.52
MA: $84.70
$89.64
52-Week Range
$69.36
Now: $87.30
$94.75
Volume965,695 shs
Average Volume1.32 million shs
Market Capitalization$18.35 billion
P/E Ratio12.31
Dividend Yield1.86%
Beta0.98
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, outsourced compounded sterile preparations, 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 other alternate site pharmacies, and other customers. Read More…

Industry, Sector and Symbol

Industry Drugs, proprietaries, & sundries
Sub-IndustryHealth Care Distributors
SectorMedical
CUSIP03073E10
Phone610-727-7000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$179.59 billion
Cash Flow$9.48 per share
Book Value$14.24 per share

Profitability

Net Income$855.36 million

Miscellaneous

Employees21,000
Market Cap$18.35 billion
Next Earnings Date1/30/2020 (Estimated)
OptionableOptionable

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AmerisourceBergen (NYSE:ABC) Frequently Asked Questions

What is AmerisourceBergen's stock symbol?

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

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

AmerisourceBergen declared a quarterly dividend on Thursday, November 7th. Shareholders of record on Monday, November 18th will be given a dividend of $0.40 per share on Monday, December 2nd. This represents a $1.60 annualized dividend and a yield of 1.83%. The ex-dividend date of this dividend is Friday, November 15th. View AmerisourceBergen's Dividend History.

How were AmerisourceBergen's earnings last quarter?

AmerisourceBergen Corp. (NYSE:ABC) issued its quarterly earnings results on Thursday, November, 7th. The company reported $1.61 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.58 by $0.03. The business earned $45.64 billion during the quarter, compared to the consensus estimate of $45.15 billion. AmerisourceBergen had a net margin of 0.48% and a return on equity of 48.84%. The company's revenue was up 5.4% on a year-over-year basis. During the same period in the prior year, the company earned $1.45 earnings per share. View AmerisourceBergen's Earnings History.

When is AmerisourceBergen's next earnings date?

AmerisourceBergen is scheduled to release their next quarterly earnings announcement on Thursday, January 30th 2020. View Earnings Estimates for AmerisourceBergen.

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

AmerisourceBergen updated its FY20 earnings guidance on Thursday, November, 7th. The company provided earnings per share guidance of $7.30-7.60 for the period, compared to the Thomson Reuters consensus EPS estimate of $7.58.

What price target have analysts set for ABC?

10 brokers have issued 1-year target prices for AmerisourceBergen's stock. Their forecasts range from $76.00 to $100.00. On average, they expect AmerisourceBergen's stock price to reach $87.63 in the next year. This suggests a possible upside of 0.4% from the stock's current price. View Analyst Price Targets for AmerisourceBergen.

What is the consensus analysts' recommendation for AmerisourceBergen?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AmerisourceBergen in the last year. There are currently 1 sell rating, 6 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for AmerisourceBergen.

Has AmerisourceBergen been receiving favorable news coverage?

News coverage about ABC stock has trended somewhat negative recently, according to InfoTrie Sentiment. The research firm identifies negative and positive media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. AmerisourceBergen earned a daily sentiment score of -1.2 on InfoTrie's scale. They also gave headlines about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for AmerisourceBergen.

Are investors shorting AmerisourceBergen?

AmerisourceBergen saw a decrease in short interest in October. As of October 31st, there was short interest totalling 7,120,000 shares, a decrease of 17.4% from the September 30th total of 8,620,000 shares. Based on an average daily trading volume, of 1,220,000 shares, the short-interest ratio is currently 5.8 days. Currently, 4.7% of the shares of the company are sold short. View AmerisourceBergen's Current Options Chain.

Who are some of AmerisourceBergen's key competitors?

Some companies that are related to AmerisourceBergen include McKesson (MCK), Cardinal Health (CAH), Henry Schein (HSIC), Patterson Companies (PDCO) and Owens & Minor (OMI).

What other stocks do shareholders of AmerisourceBergen own?

Based on aggregate information from My MarketBeat watchlists, some companies that other AmerisourceBergen investors own include CVS Health (CVS), Gilead Sciences (GILD), Walt Disney (DIS), AbbVie (ABBV), Cardinal Health (CAH), Johnson & Johnson (JNJ), Visa (V), Cisco Systems (CSCO), Intel (INTC) and Alibaba Group (BABA).

Who are AmerisourceBergen's key executives?

AmerisourceBergen's management team includes the folowing people:
  • Mr. Steven H. Collis, Chairman, Pres & CEO (Age 58)
  • Mr. James F. Cleary Jr., CFO & Exec. VP (Age 56)
  • Mr. John G. Chou, Exec. VP and Chief Legal & Bus. Officer (Age 63)
  • Dr. Robert P. Mauch PharmD, Ph.D., Exec. VP & Group Pres (Age 52)
  • Mr. Dale B. Danilewitz, Exec. VP & Chief Information Officer (Age 57)

Who are AmerisourceBergen's major shareholders?

AmerisourceBergen's stock is owned by many different of institutional and retail investors. Top institutional investors include Beutel Goodman & Co Ltd. (1.08%), Coho Partners Ltd. (0.74%), Massachusetts Financial Services Co. MA (0.46%), Poplar Forest Capital LLC (0.34%), SPF Beheer BV (0.34%) and Sumitomo Mitsui Trust Holdings Inc. (0.29%). Company insiders that own AmerisourceBergen stock include Dale Danilewitz, Gina Clark, Henry Wadsworth Mcgee III, James F Cleary Jr, John G Chou, Kathy H Gaddes, Lazarus Krikorian, Peyton R Howell, Richard W Gochnauer, Robert P Mauch, Steven H Collis and Tim G Guttman. 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 Massachusetts Financial Services Co. MA, Beutel Goodman & Co Ltd., Coho Partners Ltd., State of New Jersey Common Pension Fund D, Rhenman & Partners Asset Management AB, Poplar Forest Capital LLC, CWM LLC and SPF Beheer BV. Company insiders that have sold AmerisourceBergen company stock in the last year include Dale Danilewitz, Gina Clark, Henry Wadsworth Mcgee III, James F Cleary Jr, John G Chou, Kathy H Gaddes, Lazarus Krikorian, Richard W Gochnauer, Robert P Mauch and Steven H Collis. View Insider Buying and Selling for AmerisourceBergen.

Which major investors are buying AmerisourceBergen stock?

ABC stock was acquired by a variety of institutional investors in the last quarter, including Alberta Investment Management Corp, Great West Life Assurance Co. Can, Assenagon Asset Management S.A., First Trust Advisors LP, California Public Employees Retirement System, Robeco Institutional Asset Management B.V., RPG Investment Advisory LLC and Virginia Retirement Systems ET AL. View Insider Buying and Selling for AmerisourceBergen.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is AmerisourceBergen's stock price today?

One share of ABC stock can currently be purchased for approximately $87.30.

How big of a company is AmerisourceBergen?

AmerisourceBergen has a market capitalization of $18.35 billion and generates $179.59 billion in revenue each year. The company earns $855.36 million in net income (profit) each year or $7.09 on an earnings per share basis. AmerisourceBergen employs 21,000 workers across the globe.View Additional Information About AmerisourceBergen.

What is AmerisourceBergen's official website?

The official website for AmerisourceBergen is http://www.amerisourcebergen.com/.

How can I contact AmerisourceBergen?

AmerisourceBergen's mailing address is 1300 MORRIS DRIVE, CHESTERBROOK PA, 19087. The company can be reached via phone at 610-727-7000 or via email at [email protected]


MarketBeat Community Rating for AmerisourceBergen (NYSE ABC)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  630 (Vote Outperform)
Underperform Votes:  633 (Vote Underperform)
Total Votes:  1,263
MarketBeat's community ratings are surveys of what our community members think about AmerisourceBergen and other stocks. Vote "Outperform" if you believe ABC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ABC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/16/2019 by MarketBeat.com Staff

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