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

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

AmerisourceBergen declared a quarterly dividend on Thursday, May 10th. Investors of record on Monday, May 21st will be paid a dividend of $0.38 per share on Monday, June 4th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.75%. The ex-dividend date is Friday, May 18th. View AmerisourceBergen's Dividend History.

AmerisourceBergen Corp. (NYSE:ABC) posted its quarterly earnings results on Wednesday, May, 2nd. The company reported $1.96 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.83 by $0.13. The firm earned $41.03 billion during the quarter, compared to analysts' expectations of $40.56 billion. AmerisourceBergen had a net margin of 0.57% and a return on equity of 51.04%. AmerisourceBergen's revenue for the quarter was up 10.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.77 earnings per share. 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 earnings per share guidance of $6.45-6.65 for the period, compared to the Thomson Reuters consensus 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 12-month target prices for AmerisourceBergen's shares. Their forecasts range from $87.00 to $115.00. On average, they anticipate AmerisourceBergen's share price to reach $102.0667 in the next year. This suggests a possible upside of 17.5% 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 6 hold ratings and 10 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).

Media coverage about ABC stock has been trending positive recently, according to Accern Sentiment. Accern identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. AmerisourceBergen earned a daily sentiment score of 0.28 on Accern's scale. They also assigned press coverage about the company an impact score of 45.15 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near term.

AmerisourceBergen's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Hexavest Inc. (0.29%), Bank of Montreal Can (0.10%), Fisher Asset Management LLC (0.03%), Gulf International Bank UK Ltd (0.02%), Fjarde AP Fonden Fourth Swedish National Pension Fund (0.02%) and NN Investment Partners Holdings N.V. (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 Bank of Montreal Can, Hexavest Inc., Bremer Trust National Association, Rathbone Brothers plc, Fisher Asset Management LLC, Capital One National Association, Regent Investment Management LLC and Gateway Investment Advisers LLC. 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 purchased by a variety of institutional investors in the last quarter, including 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, Atria Investments LLC, DnB Asset Management AS and Park National Corp OH. 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 $86.90.

AmerisourceBergen has a market capitalization of $19.32 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]