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NYSE:ABC

AmerisourceBergen - ABC Stock Forecast, Price & News

$136.11
-0.24 (-0.18%)
(As of 09/27/2022 01:32 PM ET)
Add
Compare
Today's Range
$135.80
$138.06
50-Day Range
$136.35
$152.66
52-Week Range
$113.68
$167.19
Volume
18,454 shs
Average Volume
988,991 shs
Market Capitalization
$28.21 billion
P/E Ratio
15.61
Dividend Yield
1.34%
Price Target
$173.55

AmerisourceBergen MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
27.6% Upside
$173.55 Price Target
Short Interest
Bearish
2.90% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.55
Upright™ Environmental Score
News Sentiment
0.17mentions of AmerisourceBergen in the last 14 days
Based on 9 Articles This Week
Insider Trading
Selling Shares
$4.92 M Sold Last Quarter
Proj. Earnings Growth
4.55%
From $11.00 to $11.50 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.88 out of 5 stars

Medical Sector

54th out of 1,071 stocks

Drugs, Proprietaries, & Sundries Industry

2nd out of 6 stocks

ABC stock logo

About AmerisourceBergen (NYSE:ABC) Stock

AmerisourceBergen Corporation sources and distributes pharmaceutical products in the United States and internationally. Its Pharmaceutical Distribution segment distributes brand-name and generic pharmaceuticals, over-the-counter healthcare products, home healthcare supplies and equipment, and related services to various healthcare providers, including acute care hospitals and health systems, independent and chain retail pharmacies, mail order pharmacies, medical clinics, long-term care and alternate site pharmacies, and other customers. It also provides pharmacy management, staffing, and other consulting services; supply management software to retail and institutional healthcare providers; and packaging solutions to various institutional and retail healthcare providers. In addition, this segment distributes plasma and other blood products, injectable pharmaceuticals, vaccines, and other specialty products; provides other services primarily to physicians who specialize in various disease states, primarily oncology, as well as to other healthcare providers, including hospitals and dialysis clinics; and offers data analytics, outcomes research, and additional services for biotechnology and pharmaceutical manufacturers. The company's Other segment provides integrated manufacturer services, such as clinical trial support, product post-approval, and commercialization support; specialty transportation and logistics services for the biopharmaceutical industry; and sells pharmaceuticals, vaccines, parasiticides, diagnostics, micro feed ingredients, and various other products to customers in the companion animal and production animal markets, as well as demand-creating sales force services to manufacturers. AmerisourceBergen Corporation was incorporated in 2001 and is headquartered in Conshohocken, Pennsylvania.

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ABC Stock News Headlines

Is the US Military Secretly Under Chinese Control?
Alarmingly, the answer may be "yes". Communist China now controls 80% of the lithium that powers most US military vehicles and equipment. The threat level is so high that the White House recently declared a state of emergency on lithium...
Is the US Military Secretly Under Chinese Control?
Alarmingly, the answer may be "yes". Communist China now controls 80% of the lithium that powers most US military vehicles and equipment. The threat level is so high that the White House recently declared a state of emergency on lithium...
Where AmerisourceBergen Stands With Analysts
See More Headlines
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ABC Company Calendar

Last Earnings
8/03/2022
Ex-Dividend for 8/29 Dividend
8/12/2022
Dividend Payable
8/29/2022
Today
9/27/2022
Fiscal Year End
9/30/2022
Next Earnings (Estimated)
11/03/2022

Industry, Sector and Symbol

Industry
Drugs, proprietaries, & sundries
Sub-Industry
Health Care Distributors
Sector
Medical
CUSIP
03073E10
Employees
42,000
Year Founded
2001

Price Target and Rating

Average Stock Price Forecast
$173.55
High Stock Price Forecast
$187.00
Low Stock Price Forecast
$162.00
Forecasted Upside/Downside
+27.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
9 Analysts

Profitability

Net Income
$1.54 billion
Pretax Margin
1.00%

Debt

Sales & Book Value

Annual Sales
$213.99 billion
Cash Flow
$11.65 per share
Book Value
$2.81 per share

Miscellaneous

Free Float
147,568,000
Market Cap
$28.21 billion
Optionable
Optionable
Beta
0.46

Social Links


Key Executives

  • Mr. Steven H. CollisMr. Steven H. Collis (Age 61)
    Chairman, Pres & CEO
    Comp: $4.37M
  • Mr. James F. Cleary Jr. (Age 59)
    Exec. VP & CFO
    Comp: $2.17M
  • Ms. Gina K. ClarkMs. Gina K. Clark (Age 65)
    Exec. VP and Chief Communications & Admin. Officer
    Comp: $1.72M
  • Mr. John G. ChouMr. John G. Chou (Age 66)
    Exec. VP and Special Advisor to the Chairman & CEO
    Comp: $2.01M
  • Dr. Robert P. Mauch PharmD (Age 55)
    Ph.D., Exec. VP & Group Pres
    Comp: $2.31M
  • Mr. Lazarus KrikorianMr. Lazarus Krikorian (Age 57)
    Sr. VP, Chief Accounting Officer & Corp. Controller
  • Bennett S. Murphy
    Sr. VP of Investor Relations
  • Ms. Kathy H. Gaddes (Age 59)
    Exec. VP & Chief Compliance Officer
  • Ms. Elizabeth S. CampbellMs. Elizabeth S. Campbell (Age 47)
    Exec. VP & Chief Legal Officer
  • Ms. Silvana BattagliaMs. Silvana Battaglia (Age 55)
    Exec. VP & Chief HR Officer













ABC Stock - Frequently Asked Questions

Should I buy or sell AmerisourceBergen stock right now?

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for AmerisourceBergen in the last twelve months. There are currently 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ABC shares.
View ABC analyst ratings
or view top-rated stocks.

What is AmerisourceBergen's stock price forecast for 2022?

9 equities research analysts have issued 1 year price targets for AmerisourceBergen's stock. Their ABC share price forecasts range from $162.00 to $187.00. On average, they anticipate the company's share price to reach $173.55 in the next year. This suggests a possible upside of 27.3% from the stock's current price.
View analysts price targets for ABC
or view top-rated stocks among Wall Street analysts.

How have ABC shares performed in 2022?

AmerisourceBergen's stock was trading at $132.89 on January 1st, 2022. Since then, ABC shares have increased by 2.6% and is now trading at $136.35.
View the best growth stocks for 2022 here
.

Are investors shorting AmerisourceBergen?

AmerisourceBergen saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 4,480,000 shares, an increase of 7.2% from the August 15th total of 4,180,000 shares. Based on an average daily trading volume, of 1,060,000 shares, the days-to-cover ratio is currently 4.2 days. Currently, 2.9% of the shares of the company are short sold.
View AmerisourceBergen's Short Interest
.

When is AmerisourceBergen's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our ABC earnings forecast
.

How were AmerisourceBergen's earnings last quarter?

AmerisourceBergen Co. (NYSE:ABC) issued its quarterly earnings data on Wednesday, August, 3rd. The company reported $2.62 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.57 by $0.05. The firm had revenue of $60.06 billion for the quarter, compared to the consensus estimate of $59.03 billion. AmerisourceBergen had a net margin of 0.78% and a trailing twelve-month return on equity of 350.60%. AmerisourceBergen's revenue was up 12.5% on a year-over-year basis. During the same quarter last year, the company earned $2.16 EPS.
Read the conference call transcript
.

How often does AmerisourceBergen pay dividends? What is the dividend yield for AmerisourceBergen?

AmerisourceBergen declared a quarterly dividend on Wednesday, August 3rd. Stockholders of record on Monday, August 15th will be paid a dividend of $0.46 per share on Monday, August 29th. This represents a $1.84 dividend on an annualized basis and a yield of 1.35%. The ex-dividend date of this dividend is Friday, August 12th.
Read our dividend analysis for ABC
.

Is AmerisourceBergen a good dividend stock?

AmerisourceBergen (NYSE:ABC) pays an annual dividend of $1.84 per share and currently has a dividend yield of 1.34%. The company has been increasing its dividend for 17 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 21.10%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ABC will have a dividend payout ratio of 16.00% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ABC.

What guidance has AmerisourceBergen issued on next quarter's earnings?

AmerisourceBergen issued an update on its FY 2022 earnings guidance on Wednesday, August, 10th. The company provided earnings per share (EPS) guidance of $10.90-$11.10 for the period, compared to the consensus estimate of $10.93. The company issued revenue guidance of -.

What is Steve Collis' approval rating as AmerisourceBergen's CEO?

447 employees have rated AmerisourceBergen Chief Executive Officer Steve Collis on Glassdoor.com. Steve Collis has an approval rating of 83% among the company's employees.

What other stocks do shareholders of AmerisourceBergen own?

Based on aggregate information from My MarketBeat watchlists, some companies that other AmerisourceBergen investors own include NVIDIA (NVDA), Intel (INTC), AbbVie (ABBV), Walt Disney (DIS), CVS Health (CVS), Johnson & Johnson (JNJ), AT&T (T), JPMorgan Chase & Co. (JPM), Home Depot (HD) and Pfizer (PFE).

What is AmerisourceBergen's stock symbol?

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

Who are AmerisourceBergen's major shareholders?

AmerisourceBergen's stock is owned by many different institutional and retail investors. Top institutional shareholders include JPMorgan Chase & Co. (3.59%), State Street Corp (3.26%), FMR LLC (2.70%), Northern Trust Corp (0.92%), Wells Fargo & Company MN (0.80%) and Coho Partners Ltd. (0.74%). Insiders that own company stock include Dermot Mark Durcan, Elizabeth S Campbell, Gina Clark, Henry Wadsworth Mcgee III, Jane E Md Henney, John G Chou, John G Chou, Kathleen W Hyle, Kathy H Gaddes, Lazarus Krikorian, Robert P Mauch, Silvana Battaglia, Steven H Collis and Walgreens Boots Alliance, Inc.
View institutional ownership trends
.

How do I buy shares of AmerisourceBergen?

Shares of ABC stock 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.
Compare Top Brokerages Here.

What is AmerisourceBergen's stock price today?

One share of ABC stock can currently be purchased for approximately $136.35.

How much money does AmerisourceBergen make?

AmerisourceBergen (NYSE:ABC) has a market capitalization of $28.26 billion and generates $213.99 billion in revenue each year. The company earns $1.54 billion in net income (profit) each year or $8.72 on an earnings per share basis.

How many employees does AmerisourceBergen have?

The company employs 42,000 workers across the globe.

Does AmerisourceBergen have any subsidiaries?
The following companies are subsidiares of AmerisourceBergen: AB Singapore Investments Pte Ltd, AB UK Holdings Ltd, 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 GmbH, AmerisourceBergen International Holdings Inc., AmerisourceBergen Luxembourg S.a.r.L., AmerisourceBergen Services Corporation, AmerisourceBergen Sourcing LLC, 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 Physician Networks L.L.C., IntrinsiQ, Lash Group, MWI Veterinary Supply, Network for Medical Communications & Research, PMSI, PharMEDium Healthcare, Pharmacy Healthcare Solutions, Premier Source, St. Francis Group, Trent Drug, US Bioservices, Wight Nederland Holdco 2 BV, World Courier, World Courier Group S.à r.l., and Xcenda.
Read More
How can I contact AmerisourceBergen?

AmerisourceBergen's mailing address is 1300 MORRIS DRIVE, CHESTERBROOK PA, 19087. The official website for the company is www.amerisourcebergen.com. The company can be reached via phone at (610) 727-7000, via email at investorrelations@amerisourcebergen.com, or via fax at 800-640-5221.

This page (NYSE:ABC) was last updated on 9/27/2022 by MarketBeat.com Staff

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