AmerisourceBergen Stock Forecast, Price & News

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 "buy" AmerisourceBergen stock.
View analyst ratings for AmerisourceBergen or view top-rated stocks.

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AmerisourceBergen is scheduled to release its next quarterly earnings announcement on Wednesday, May 5th 2021.
View our earnings forecast for AmerisourceBergen.

AmerisourceBergen will be holding an earnings conference call on Wednesday, May 5th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

AmerisourceBergen Co. (NYSE:ABC) issued its quarterly earnings data on Wednesday, February, 3rd. The company reported $2.18 EPS for the quarter, topping the consensus estimate of $1.94 by $0.24. The company had revenue of $52.50 billion for the quarter, compared to analysts' expectations of $50.49 billion. AmerisourceBergen had a positive trailing twelve-month return on equity of 65.93% and a negative net margin of 1.80%. The business's revenue was up 9.7% compared to the same quarter last year. During the same period in the previous year, the business earned $1.76 EPS.
View AmerisourceBergen's earnings history.

AmerisourceBergen's stock was trading at $84.96 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, ABC stock has increased by 40.9% and is now trading at $119.69.
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AmerisourceBergen declared a quarterly dividend on Thursday, January 14th. Shareholders of record on Friday, February 12th will be paid a dividend of $0.44 per share on Monday, March 1st. This represents a $1.76 dividend on an annualized basis and a yield of 1.47%. The ex-dividend date of this dividend is Thursday, February 11th.
View AmerisourceBergen's dividend history.

AmerisourceBergen pays an annual dividend of $1.76 per share and currently has a dividend yield of 1.49%. AmerisourceBergen does not yet have a strock track record of dividend growth. The dividend payout ratio of AmerisourceBergen is 22.28%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AmerisourceBergen will have a dividend payout ratio of 18.78% next year. This indicates that AmerisourceBergen will be able to sustain or increase its dividend.
View AmerisourceBergen's dividend history.

AmerisourceBergen updated its FY21 earnings guidance on Thursday, February, 4th. The company provided earnings per share (EPS) guidance of $8.40-$8.60 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $8.42.

9 brokers have issued twelve-month price objectives for AmerisourceBergen's stock. Their forecasts range from $88.00 to $150.00. On average, they anticipate AmerisourceBergen's stock price to reach $123.00 in the next year. This suggests a possible upside of 2.8% from the stock's current price.
View analysts' price targets for AmerisourceBergen or view top-rated stocks among Wall Street analysts.

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

Some companies that are related to AmerisourceBergen include McKesson (MCK), Cardinal Health (CAH), Henry Schein (HSIC), Patterson Companies (PDCO) and Owens & Minor (OMI).
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Based on aggregate information from My MarketBeat watchlists, some companies that other AmerisourceBergen investors own include NVIDIA (NVDA), Intel (INTC), AbbVie (ABBV), The Walt Disney (DIS), CVS Health (CVS), Johnson & Johnson (JNJ), AT&T (T), JPMorgan Chase & Co. (JPM), The Home Depot (HD) and Pfizer (PFE).

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

AmerisourceBergen's stock is owned by many different institutional and retail investors. Top institutional investors include Scout Investments Inc. (0.16%), Wedge Capital Management L L P NC (0.14%), DnB Asset Management AS (0.06%), Royal London Asset Management Ltd. (0.03%), Hexavest Inc. (0.03%) and Pacer Advisors Inc. (0.03%). Company insiders that own AmerisourceBergen stock include Dale Danilewitz, Dermot Mark Durcan, Gina Clark, Henry Wadsworth Mcgee III, Jane E Md Henney, John G Chou, Kathleen W Hyle, Kathy H Gaddes, Lazarus Krikorian, Richard W Gochnauer, Robert P Mauch and Steven H Collis.
View institutional ownership trends for AmerisourceBergen.

ABC stock was sold by a variety of institutional investors in the last quarter, including Retirement Systems of Alabama, CX Institutional, Hexavest Inc., Iowa State Bank, Wedge Capital Management L L P NC, Spotlight Asset Group Inc., State of Alaska Department of Revenue, and Huntington National Bank. Company insiders that have sold AmerisourceBergen company stock in the last year include Gina Clark, Henry Wadsworth Mcgee III, Jane E Md Henney, John G Chou, Lazarus Krikorian, Robert P Mauch, and Steven H Collis.
View insider buying and selling activity for AmerisourceBergen or view top insider-selling stocks.

ABC stock was bought by a variety of institutional investors in the last quarter, including Scout Investments Inc., Pacer Advisors Inc., Everence Capital Management Inc., DnB Asset Management AS, Clear Harbor Asset Management LLC, Foundations Investment Advisors LLC, Prairiewood Capital LLC, and HighPoint Advisor Group LLC.
View insider buying and selling activity for AmerisourceBergen or or view top insider-buying stocks.

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.
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One share of ABC stock can currently be purchased for approximately $119.69.

AmerisourceBergen has a market capitalization of $24.50 billion and generates $189.89 billion in revenue each year. The company earns $-3,408,720,000.00 in net income (profit) each year or $7.90 on an earnings per share basis.

AmerisourceBergen employs 22,000 workers across the globe.

The following companies are subsidiares of AmerisourceBergen: 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 AG, AmerisourceBergen International Holdings Inc., AmerisourceBergen Luxembourg S.a.r.L., AmerisourceBergen Services Corporation, 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 Oncology Network Solutions Inc., IntrinsiQ, Lash Group, MWI Veterinary Supply, MWI Veterinary Supply Co., MWI Veterinary Supply Inc., Network for Medical Communications & Research, PharMEDium Healthcare, Pharmacy Healthcare Solutions, Premier Source, St. Francis Group, Trent Drug, US Bioservices, World Courier, World Courier Group S.à r.l., and Xcenda.

AmerisourceBergen was founded in 2001.

The official website for AmerisourceBergen is www.amerisourcebergen.com.

AmerisourceBergen is headquartered at 1300 MORRIS DRIVE, CHESTERBROOK PA, 19087.

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]