NYSE:ABC - AmerisourceBergen Stock Price, Forecast & News

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

AmerisourceBergen announced a quarterly dividend on Thursday, January 30th. Stockholders of record on Friday, February 14th will be paid a dividend of $0.42 per share on Monday, March 2nd. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.82%. The ex-dividend date of this dividend is Thursday, February 13th. This is an increase from AmerisourceBergen's previous quarterly dividend of $0.40. View AmerisourceBergen's Dividend History.

AmerisourceBergen Corp. (NYSE:ABC) announced its earnings results on Thursday, January, 30th. The company reported $1.76 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.67 by $0.09. The company had revenue of $47.86 billion for the quarter, compared to analysts' expectations of $47.84 billion. AmerisourceBergen had a return on equity of 49.95% and a net margin of 0.36%. The business's revenue was up 5.4% on a year-over-year basis. During the same period last year, the company earned $1.60 EPS. View AmerisourceBergen's Earnings History.

AmerisourceBergen is scheduled to release their next quarterly earnings announcement on Thursday, May 7th 2020. View Earnings Estimates for AmerisourceBergen.

AmerisourceBergen issued an update on its FY 2020 Pre-Market earnings guidance on Thursday, January, 30th. The company provided earnings per share guidance of 7.55-7.80 for the period, compared to the Thomson Reuters consensus estimate of $7.53.

9 Wall Street analysts have issued twelve-month price targets for AmerisourceBergen's shares. Their forecasts range from $76.00 to $112.00. On average, they anticipate AmerisourceBergen's share price to reach $96.00 in the next year. This suggests a possible upside of 4.0% from the stock's current price. View Analyst Price Targets for AmerisourceBergen.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AmerisourceBergen in the last year. There are currently 1 sell rating, 4 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for AmerisourceBergen.

Headlines about ABC stock have been trending negative this week, InfoTrie Sentiment reports. InfoTrie identifies positive and negative 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 positive five, with scores closest to five being the most favorable. AmerisourceBergen earned a media sentiment score of -2.0 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for AmerisourceBergen.

AmerisourceBergen saw a drop in short interest in the month of February. As of February 14th, there was short interest totalling 5,570,000 shares, a drop of 18.6% from the January 30th total of 6,840,000 shares. Based on an average daily volume of 1,160,000 shares, the days-to-cover ratio is presently 4.8 days. Approximately 3.8% of the shares of the company are short sold. View AmerisourceBergen's Current Options Chain.

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

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

AmerisourceBergen's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include State Street Corp (3.48%), FMR LLC (2.60%), Victory Capital Management Inc. (1.43%), Victory Capital Management Inc. (1.42%), Boston Partners (1.19%) and Geode Capital Management LLC (1.17%). Company insiders that own AmerisourceBergen stock include Dale Danilewitz, Gina Clark, Henry Wadsworth Mcgee III, James F Cleary Jr, John G Chou, Kathleen W Hyle, 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.

ABC stock was sold by a variety of institutional investors in the last quarter, including Franklin Resources Inc., Janus Henderson Group PLC, FIL Ltd, Fort Washington Investment Advisors Inc. OH, Beutel Goodman & Co Ltd., Sei Investments Co., Poplar Forest Capital LLC and AJO LP. 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, Kathleen W Hyle, Kathy H Gaddes, Richard W Gochnauer, Robert P Mauch and Steven H Collis. View Insider Buying and Selling for AmerisourceBergen.

ABC stock was acquired by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, Amundi Pioneer Asset Management Inc., Jacobs Levy Equity Management Inc., Goldman Sachs Group Inc., USS Investment Management Ltd, FMR LLC, Bank of New York Mellon Corp and PGGM Investments. View Insider Buying and Selling for 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.

One share of ABC stock can currently be purchased for approximately $92.29.

AmerisourceBergen has a market capitalization of $19.00 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 22,000 workers across the globe.View Additional Information About AmerisourceBergen.

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

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]