AmerisourceBergen Stock Price, News & Analysis (NYSE:ABC)

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

AmerisourceBergen declared a quarterly dividend on Thursday, August 8th. Shareholders of record on Monday, August 19th will be given a dividend of $0.40 per share on Tuesday, September 3rd. This represents a $1.60 annualized dividend and a yield of 1.88%. The ex-dividend date is Friday, August 16th. View AmerisourceBergen's Dividend History.

AmerisourceBergen Corp. (NYSE:ABC) issued its quarterly earnings results on Thursday, August, 1st. The company reported $1.76 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.62 by $0.14. The company had revenue of $45.24 billion for the quarter, compared to analyst estimates of $45.15 billion. AmerisourceBergen had a net margin of 0.54% and a return on equity of 47.88%. The firm's revenue was up 4.9% compared to the same quarter last year. During the same quarter last year, the business posted $1.54 earnings per share. View AmerisourceBergen's Earnings History.

AmerisourceBergen is scheduled to release their next quarterly earnings announcement on Tuesday, November 5th 2019. View Earnings Estimates for AmerisourceBergen.

AmerisourceBergen issued an update on its FY19 earnings guidance on Thursday, August, 1st. The company provided earnings per share guidance of $7.00-7.10 for the period, compared to the Thomson Reuters consensus estimate of $6.85.

9 equities research analysts have issued 12-month price targets for AmerisourceBergen's shares. Their forecasts range from $76.00 to $100.00. On average, they anticipate AmerisourceBergen's share price to reach $87.1429 in the next year. This suggests a possible upside of 2.4% from the stock's current price. 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, 5 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for AmerisourceBergen.

News stories about ABC stock have trended somewhat negative this week, InfoTrie reports. The research firm identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. AmerisourceBergen earned a news sentiment score of -1.3 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for AmerisourceBergen.

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

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), Visa (V), Cardinal Health (CAH), Cisco Systems (CSCO), Intel (INTC), Johnson & Johnson (JNJ), AbbVie (ABBV) and Amgen (AMGN).

AmerisourceBergen's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (9.00%), BlackRock Inc. (5.86%), BlackRock Inc. (5.86%), JPMorgan Chase & Co. (2.25%), Victory Capital Management Inc. (1.32%) and Northern Trust Corp (1.20%). 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 Marshall Wace North America L.P., Morgan Stanley, Wells Fargo & Company MN, Van ECK Associates Corp, DekaBank Deutsche Girozentrale, HBK Investments L P, First Trust Advisors LP and Baupost Group LLC MA. 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, Kathy H Gaddes, Lazarus Krikorian, Richard W Gochnauer, Robert P Mauch and Steven H Collis. View Insider Buying and Selling for AmerisourceBergen.

ABC stock was bought by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Amundi Pioneer Asset Management Inc., Skandinaviska Enskilda Banken AB publ, Nuveen Asset Management LLC, Victory Capital Management Inc., Price T Rowe Associates Inc. MD, Royal Bank of Canada and Man Group plc. 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 $85.12.

AmerisourceBergen has a market capitalization of $17.89 billion and generates $167.94 billion in revenue each year. The company earns $1.66 billion in net income (profit) each year or $6.49 on an earnings per share basis. AmerisourceBergen employs 21,000 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]