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. Investors 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 annualized dividend and a dividend yield of 1.78%. The ex-dividend date of this dividend is Thursday, February 13th. This is a boost from AmerisourceBergen's previous quarterly dividend of $0.40. View AmerisourceBergen's Dividend History.

AmerisourceBergen Corp. (NYSE:ABC) announced its quarterly earnings results on Thursday, January, 30th. The company reported $1.76 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.67 by $0.09. The business had revenue of $47.86 billion for the quarter, compared to the consensus estimate of $47.84 billion. AmerisourceBergen had a net margin of 0.36% and a return on equity of 49.95%. AmerisourceBergen's revenue for the quarter was up 5.4% on a year-over-year basis. During the same period in the prior year, the business posted $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 EPS guidance of 7.55-7.80 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $7.53.

9 equities research analysts have issued 12-month price targets for AmerisourceBergen's stock. Their forecasts range from $76.00 to $112.00. On average, they anticipate AmerisourceBergen's stock price to reach $96.00 in the next year. This suggests a possible upside of 1.7% 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, 4 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for AmerisourceBergen.

Headlines about ABC stock have trended somewhat positive this week, InfoTrie reports. The research firm scores the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. AmerisourceBergen earned a news sentiment score of 1.8 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for AmerisourceBergen.

AmerisourceBergen saw a decrease in short interest in the month of January. As of January 31st, there was short interest totalling 6,840,000 shares, a decrease of 7.4% from the January 15th total of 7,390,000 shares. Based on an average daily volume of 1,100,000 shares, the short-interest ratio is presently 6.2 days. Currently, 4.6% of the company's stock are sold short. 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 Walt Disney (DIS), CVS Health (CVS), Gilead Sciences (GILD), Intel (INTC), AbbVie (ABBV), Cisco Systems (CSCO), Netflix (NFLX), NVIDIA (NVDA), Alibaba Group (BABA) and Visa (V).

AmerisourceBergen's stock is owned by a number of of retail and institutional investors. Top institutional shareholders 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 Amundi Pioneer Asset Management Inc. (1.07%). 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., FIL Ltd, Fort Washington Investment Advisors Inc. OH, Sei Investments Co., Poplar Forest Capital LLC, AJO LP, TD Asset Management Inc. and UBS Asset Management Americas 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 $94.36.

AmerisourceBergen has a market capitalization of $19.43 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]