NYSE:ABC - AmerisourceBergen Stock Price, News & Analysis

$83.84
+0.42 (+0.50 %)
(As of 09/16/2019 04:00 PM ET)
Today's Range
$82.56
Now: $83.84
$83.89
50-Day Range
$81.30
MA: $86.15
$91.95
52-Week Range
$69.36
Now: $83.84
$94.85
Volume82,313 shs
Average Volume1.14 million shs
Market Capitalization$17.62 billion
P/E Ratio12.90
Dividend Yield1.89%
Beta1
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$167.94 billion
Cash Flow$9.2949 per share
Book Value$14.30 per share

Profitability

Net Income$1.66 billion

Miscellaneous

Employees21,000
Market Cap$17.62 billion
Next Earnings Date11/5/2019 (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 announced a quarterly dividend on Thursday, August 8th. Investors of record on Monday, August 19th will be given a dividend of $0.40 per share on Tuesday, September 3rd. This represents a $1.60 annualized dividend and a dividend yield of 1.92%. The ex-dividend date of this dividend is Friday, August 16th. View AmerisourceBergen's Dividend History.

How were AmerisourceBergen's earnings last quarter?

AmerisourceBergen Corp. (NYSE:ABC) announced its quarterly earnings data on Thursday, August, 1st. The company reported $1.76 earnings per share for the quarter, beating the Zacks' consensus estimate of $1.62 by $0.14. The company had revenue of $45.24 billion for the quarter, compared to analysts' expectations of $45.15 billion. AmerisourceBergen had a net margin of 0.54% and a return on equity of 47.88%. The company's quarterly revenue was up 4.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.54 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 Tuesday, November 5th 2019. View Earnings Estimates for AmerisourceBergen.

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

AmerisourceBergen updated its FY19 earnings guidance on Thursday, August, 1st. The company provided earnings per share guidance of $7.00-7.10 for the period, compared to the Thomson Reuters consensus EPS estimate of $6.85.

What price target have analysts set for ABC?

10 equities research analysts have issued 12 month target prices for AmerisourceBergen's shares. Their predictions range from $76.00 to $100.00. On average, they expect AmerisourceBergen's share price to reach $87.1429 in the next year. This suggests a possible upside of 4.3% 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 articles about ABC stock have been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. AmerisourceBergen earned a coverage optimism score of 0.9 on InfoTrie's scale. They also gave headlines about the company a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for AmerisourceBergen.

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 CVS Health (CVS), Gilead Sciences (GILD), Walt Disney (DIS), Visa (V), Cisco Systems (CSCO), Intel (INTC), Cardinal Health (CAH), Johnson & Johnson (JNJ), AbbVie (ABBV) and Amgen (AMGN).

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 a number of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (9.00%), BlackRock Inc. (5.86%), BlackRock Inc. (5.86%), JPMorgan Chase & Co. (2.25%), Victory Capital Management Inc. (1.32%) and Northern Trust Corp (1.20%). 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 institutional investors are selling AmerisourceBergen stock?

ABC stock was sold by a variety of institutional investors in the last quarter, including Marshall Wace North America L.P., Morgan Stanley, Wells Fargo & Company MN, Van ECK Associates Corp, DekaBank Deutsche Girozentrale, HBK Investments L P, First Trust Advisors LP and Baupost Group LLC MA. 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 institutional investors are buying AmerisourceBergen stock?

ABC stock was bought by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Amundi Pioneer Asset Management Inc., Skandinaviska Enskilda Banken AB publ, Nuveen Asset Management LLC, Victory Capital Management Inc., Price T Rowe Associates Inc. MD, Royal Bank of Canada and Man Group plc. 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 $83.55.

How big of a company is AmerisourceBergen?

AmerisourceBergen has a market capitalization of $17.56 billion and generates $167.94 billion in revenue each year. The company earns $1.66 billion in net income (profit) each year or $6.49 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:  613 (Vote Outperform)
Underperform Votes:  609 (Vote Underperform)
Total Votes:  1,222
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 9/16/2019 by MarketBeat.com Staff

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