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. Stockholders 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 annualized dividend and a dividend yield of 1.78%. The ex-dividend date of this dividend is Friday, May 18th. View AmerisourceBergen's Dividend History.

AmerisourceBergen Corp. (NYSE:ABC) posted its earnings results on Wednesday, May, 2nd. The company reported $1.96 earnings per share 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%. The company's quarterly revenue was up 10.5% on a year-over-year basis. 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 issued an update on its FY18 earnings guidance on Wednesday, May, 2nd. The company provided earnings per share (EPS) 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 analysts have issued twelve-month target prices for AmerisourceBergen's shares. Their predictions range from $87.00 to $115.00. On average, they expect AmerisourceBergen's stock price to reach $102.0667 in the next year. This suggests a possible upside of 19.3% 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 stories about ABC stock have trended somewhat negative recently, according to Accern Sentiment Analysis. Accern ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. AmerisourceBergen earned a news impact score of -0.01 on Accern's scale. They also gave news coverage about the company an impact score of 44.99 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near term.

AmerisourceBergen's stock is owned by a number of of institutional and retail investors. Top institutional investors 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., Bremer Trust National Association, Rathbone Brothers plc and Nisa Investment Advisors 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 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 $85.56.

AmerisourceBergen has a market capitalization of $19.08 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]