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 given 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 1.73%. The ex-dividend date 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) posted its earnings results on Thursday, January, 30th. The company reported $1.76 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.67 by $0.09. The firm earned $47.86 billion during the quarter, compared to analysts' expectations of $47.84 billion. AmerisourceBergen had a net margin of 0.36% and a return on equity of 49.95%. The business's quarterly revenue was up 5.4% compared to the same quarter last year. During the same period in the prior year, the business earned $1.60 earnings per share. 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 updated its FY 2020 Pre-Market earnings guidance on Thursday, January, 30th. The company provided earnings per share (EPS) 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 1 year 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 twelve months. This suggests that the stock has a possible downside of 1.0%. 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.

Media stories about ABC stock have trended somewhat positive recently, InfoTrie reports. The research group ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. AmerisourceBergen earned a coverage optimism score of 2.0 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the near term. View News Stories for AmerisourceBergen.

AmerisourceBergen saw a drop in short interest during the month of January. As of January 31st, there was short interest totalling 6,840,000 shares, a drop of 7.4% from the January 15th total of 7,390,000 shares. Based on an average trading volume of 1,100,000 shares, the days-to-cover ratio is currently 6.2 days. Currently, 4.6% of the shares of the stock 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), Netflix (NFLX), Alibaba Group (BABA), Visa (V) and NVIDIA (NVDA).

AmerisourceBergen's stock is owned by many different of retail and institutional investors. Top institutional investors 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, Sei Investments Co., Poplar Forest Capital LLC, AJO LP and TD Asset Management Inc.. 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 purchased 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 $97.00.

AmerisourceBergen has a market capitalization of $19.97 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]