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, November 7th. Stockholders 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 dividend on an annualized basis and a dividend yield of 1.74%. The ex-dividend date of this dividend is Friday, November 15th. View AmerisourceBergen's Dividend History.

AmerisourceBergen Corp. (NYSE:ABC) posted its quarterly earnings results on Thursday, November, 7th. The company reported $1.61 earnings per share for the quarter, topping the consensus estimate of $1.58 by $0.03. The firm had revenue of $45.64 billion for the quarter, compared to analyst estimates of $45.15 billion. AmerisourceBergen had a net margin of 0.48% and a return on equity of 48.84%. The firm's revenue for the quarter was up 5.4% compared to the same quarter last year. During the same period in the prior year, the company posted $1.45 earnings per share. View AmerisourceBergen's Earnings History.

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

AmerisourceBergen will be holding an earnings conference call on Thursday, January 30th 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 issued an update on its FY 2020 Pre-Market earnings guidance on Monday, November, 25th. The company provided earnings per share (EPS) guidance of $7.30-7.60 for the period, compared to the Thomson Reuters consensus estimate of $7.58.

7 brokerages have issued 1 year price objectives for AmerisourceBergen's shares. Their forecasts range from $76.00 to $110.00. On average, they expect AmerisourceBergen's share price to reach $92.00 in the next year. This suggests that the stock has a possible downside of 0.0%. View Analyst Price Targets for AmerisourceBergen.

7 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 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for AmerisourceBergen.

News articles about ABC stock have trended somewhat positive this week, InfoTrie Sentiment reports. The research firm identifies positive and negative news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. AmerisourceBergen earned a news impact score of 1.6 on InfoTrie's scale. They also gave news articles about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for AmerisourceBergen.

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

AmerisourceBergen's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include SPF Beheer BV (0.36%), Wedge Capital Management L L P NC (0.23%), PGGM Investments (0.13%), Nisa Investment Advisors LLC (0.05%), FTB Advisors Inc. (0.03%) and Cypress Capital Group (0.02%). 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.

ABC stock was sold by a variety of institutional investors in the last quarter, including Artemis Investment Management LLP, Bowling Portfolio Management LLC, Tocqueville Asset Management L.P., Meag Munich Ergo Kapitalanlagegesellschaft MBH, UNIVEST FINANCIAL Corp, United Services Automobile Association, DNB Asset Management AS and Nisa Investment Advisors LLC. 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, 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 PGGM Investments, Wedge Capital Management L L P NC, SPF Beheer BV, Deane Retirement Strategies Inc., Janney Montgomery Scott LLC, Convergence Investment Partners LLC, Huntington National Bank and RFG Advisory LLC. 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 $92.03.

AmerisourceBergen has a market capitalization of $18.95 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]