NYSE:ABC - AmerisourceBergen Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$84.32 -1.66 (-1.93 %)
(As of 12/9/2018 04:00 PM ET)
Previous Close$84.32
Today's Range$84.00 - $86.26
52-Week Range$77.28 - $106.27
Volume933,399 shs
Average Volume1.20 million shs
Market Capitalization$17.87 billion
P/E Ratio12.99
Dividend Yield1.90%
Beta0.94
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. 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; offers 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 both the companion animal and production animal markets, as well as provides demand-creating sales force services to manufacturers. AmerisourceBergen Corporation was founded in 1985 and is headquartered in Chesterbrook, Pennsylvania.

Receive ABC News and Ratings via Email

Sign-up to receive the latest news and ratings for ABC and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Stock Exchange NYSE
Industry Drugs, proprietaries, & sundries
Sub-IndustryHealth Care Distributors
SectorMedical
Current SymbolNYSE:ABC
Previous Symbol
CUSIP03073E10
Phone610-727-7000

Debt

Debt-to-Equity Ratio1.48
Current Ratio0.93
Quick Ratio0.50

Price-To-Earnings

Trailing P/E Ratio12.99
Forward P/E Ratio12.38
P/E Growth1.34

Sales & Book Value

Annual Sales$167.94 billion
Price / Sales0.11
Cash Flow$9.3793 per share
Price / Cash Flow8.99
Book Value$14.30 per share
Price / Book5.90

Profitability

EPS (Most Recent Fiscal Year)$6.49
Net Income$1.66 billion
Net Margins0.99%
Return on Equity45.54%
Return on Assets3.80%

Miscellaneous

Employees21,000
Outstanding Shares211,930,000
Market Cap$17.87 billion
OptionableOptionable

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 Tuesday, November 6th. Stockholders of record on Monday, November 19th will be paid a dividend of $0.40 per share on Monday, December 3rd. This represents a $1.60 annualized dividend and a dividend yield of 1.90%. The ex-dividend date is Friday, November 16th. This is a boost from AmerisourceBergen's previous quarterly dividend of $0.38. View AmerisourceBergen's Dividend History.

How were AmerisourceBergen's earnings last quarter?

AmerisourceBergen Corp. (NYSE:ABC) announced its earnings results on Tuesday, November, 6th. The company reported $1.45 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.44 by $0.01. The company had revenue of $43.30 billion for the quarter, compared to analysts' expectations of $43.27 billion. AmerisourceBergen had a net margin of 0.99% and a return on equity of 45.54%. The firm's revenue for the quarter was up 10.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.33 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, February 5th 2019. View Earnings Estimates for AmerisourceBergen.

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

AmerisourceBergen updated its FY19 earnings guidance on Tuesday, November, 6th. The company provided EPS guidance of $6.65-6.95 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $7.13. AmerisourceBergen also updated its FY 2019 guidance to $6.65-6.95 EPS.

What price target have analysts set for ABC?

14 brokerages have issued twelve-month price targets for AmerisourceBergen's shares. Their predictions range from $87.00 to $115.00. On average, they expect AmerisourceBergen's stock price to reach $101.2308 in the next twelve months. This suggests a possible upside of 20.1% from the stock's current price. View Analyst Price Targets for AmerisourceBergen.

What is the consensus analysts' recommendation for AmerisourceBergen?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AmerisourceBergen in the last year. There are currently 6 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for AmerisourceBergen.

Has AmerisourceBergen been receiving favorable news coverage?

Media headlines about ABC stock have been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. The research group 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 -5 to 5, with scores closest to five being the most favorable. AmerisourceBergen earned a coverage optimism score of 0.8 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 impact on the company's share price in the near term.

Who are some of AmerisourceBergen's key competitors?

Who are AmerisourceBergen's key executives?

AmerisourceBergen's management team includes the folowing people:
  • Mr. Steven H. Collis, Chairman, Pres & CEO (Age 57)
  • Mr. John G. Chou, Exec. VP and Chief Legal & Bus. Officer (Age 62)
  • Mr. James D. Frary, Exec. Officer (Age 46)
  • Dr. Robert P. Mauch PharmD, Ph.D., Exec. VP and Group Pres of Pharmaceutical Distribution & Strategic Global Sourcing (Age 51)
  • Mr. James F. Cleary Jr., CFO & Exec. VP (Age 55)

Who are AmerisourceBergen's major shareholders?

AmerisourceBergen's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (7.40%), BlackRock Inc. (6.16%), JPMorgan Chase & Co. (3.22%), FMR LLC (2.21%), Franklin Resources Inc. (1.75%) and FIL Ltd (1.43%). Company insiders that own AmerisourceBergen stock include Dale Danilewitz, Gina Clark, 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 JPMorgan Chase & Co., Janus Henderson Group PLC, Wells Fargo & Company MN, Los Angeles Capital Management & Equity Research Inc., Unigestion Holding SA, PointState Capital LP, Mitsubishi UFJ Trust & Banking Corp and Tavio Capital LLC. Company insiders that have sold AmerisourceBergen company stock in the last year include Dale Danilewitz, Gina Clark, 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 Insider Buying and Selling for AmerisourceBergen.

Which institutional investors are buying AmerisourceBergen stock?

ABC stock was acquired by a variety of institutional investors in the last quarter, including Baupost Group LLC MA, Baupost Group LLC MA, Equity Investment Corp, BlackRock Inc., Ceredex Value Advisors LLC, Victory Capital Management Inc., Marshall Wace North America L.P. and FMR LLC. 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, Scottrade, Fidelity and Charles Schwab.

What is AmerisourceBergen's stock price today?

One share of ABC stock can currently be purchased for approximately $84.32.

How big of a company is AmerisourceBergen?

AmerisourceBergen has a market capitalization of $17.87 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.

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:  565 (Vote Outperform)
Underperform Votes:  545 (Vote Underperform)
Total Votes:  1,110
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 12/9/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel