NYSE:ABC - AmerisourceBergen Stock Price, Price Target & More

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

AmerisourceBergen announced a quarterly dividend on Thursday, May 10th. Shareholders of record on Monday, May 21st will be given a dividend of $0.38 per share on Monday, June 4th. This represents a $1.52 annualized dividend and a yield of 1.79%. The ex-dividend date is Friday, May 18th. View AmerisourceBergen's Dividend History.

AmerisourceBergen Corp. (NYSE:ABC) issued its earnings results on Wednesday, May, 2nd. The company reported $1.96 earnings per share for the quarter, topping analysts' consensus estimates of $1.83 by $0.13. The company earned $41.03 billion during the quarter, compared to analyst estimates of $40.56 billion. AmerisourceBergen had a net margin of 0.57% and a return on equity of 51.04%. AmerisourceBergen's quarterly revenue was up 10.5% compared to the same quarter last year. During the same period in the prior year, the business earned $1.77 EPS. View AmerisourceBergen's Earnings History.

AmerisourceBergen is scheduled to release their next quarterly earnings announcement on Thursday, August, 2nd 2018. View Earnings Estimates for AmerisourceBergen.

AmerisourceBergen updated its FY18 earnings guidance on Wednesday, May, 2nd. The company provided EPS guidance of $6.45-6.65 for the period, compared to the Thomson Reuters consensus EPS estimate of $6.55. The company issued revenue guidance of +8-11% to ~$165.4-170.0 billion, compared to the consensus revenue estimate of $167.81 billion.

16 brokerages have issued 1-year price targets for AmerisourceBergen's shares. Their forecasts range from $87.00 to $115.00. On average, they anticipate AmerisourceBergen's stock price to reach $101.7333 in the next year. This suggests a possible upside of 20.1% from the stock's current price. View Analyst Ratings for AmerisourceBergen.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AmerisourceBergen in the last year. There are currently 7 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to AmerisourceBergen include McKesson (MCK), Cardinal Health (CAH), Herbalife Nutrition (HLF), Nu Skin Enterprises (NUS), PetIQ (PETQ), Aceto (ACET), biOasis Technologies (BIOAF), Trxade Group (TRXD) and Medizone International (MZEI).

Headlines about ABC stock have been trending somewhat positive on Sunday, according to Accern. Accern scores the sentiment of media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. AmerisourceBergen earned a coverage optimism score of 0.01 on Accern's scale. They also gave media stories about the company an impact score of 45.92 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.

AmerisourceBergen's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Hexavest Inc. (0.29%), Boston Advisors LLC (0.12%), Bank of Montreal Can (0.10%), Nisa Investment Advisors LLC (0.05%), Fisher Asset Management LLC (0.03%) and Gulf International Bank UK Ltd (0.02%). Company insiders that own AmerisourceBergen stock include Dale Danilewitz, Gina Clark, Henry Wadsworth Mcgee III, John G Chou, Kathy H Gaddes, Lazarus Krikorian, Lon R Greenberg, 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 Westpac Banking Corp, Bank of Montreal Can, Assenagon Asset Management S.A., Hexavest Inc., Hartford Investment Management Co., Whittier Trust Co., Bremer Trust National Association and Rathbone Brothers plc. 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.

ABC stock was bought by a variety of institutional investors in the last quarter, including Boston Advisors LLC, Oakbrook Investments LLC, State of Alaska Department of Revenue, Gulf International Bank UK Ltd, Fjarde AP Fonden Fourth Swedish National Pension Fund, NN Investment Partners Holdings N.V., IFM Investors Pty Ltd and Atria Investments 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, Scottrade, Fidelity and Charles Schwab.

One share of ABC stock can currently be purchased for approximately $84.70.

AmerisourceBergen has a market capitalization of $18.62 billion and generates $153.14 billion in revenue each year. The company earns $364.48 million in net income (profit) each year or $5.88 on an earnings per share basis. AmerisourceBergen employs 20,000 workers across the globe.

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]