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DOW   34,395.01
QQQ   293.72
Is Apple Going To Rally Into Year End?
The Safest Option in Trades! (Ad)pixel
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Are the Short Sellers Still Right About Mullen Automotive stock? 
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Is The Recovery Rally Here For SoFi?
The single greatest medical breakthrough of all time? (Ad)
Biden administration presses senators to avert rail strike
Trump Org. defense lawyer scolded for using struck testimony
S&P 500   4,076.57
DOW   34,395.01
QQQ   293.72
Is Apple Going To Rally Into Year End?
The Safest Option in Trades! (Ad)pixel
25 Ways to Improve Your Financial Situation in 1 Hour
Are the Short Sellers Still Right About Mullen Automotive stock? 
Bear Market Expert Reveals His #1 Stock for November 2023  (Ad)pixel
La-Z-Boy Reclines To More Comfortable Levels 
Is The Recovery Rally Here For SoFi?
The single greatest medical breakthrough of all time? (Ad)
Biden administration presses senators to avert rail strike
Trump Org. defense lawyer scolded for using struck testimony
S&P 500   4,076.57
DOW   34,395.01
QQQ   293.72
Is Apple Going To Rally Into Year End?
The Safest Option in Trades! (Ad)pixel
25 Ways to Improve Your Financial Situation in 1 Hour
Are the Short Sellers Still Right About Mullen Automotive stock? 
Bear Market Expert Reveals His #1 Stock for November 2023  (Ad)pixel
La-Z-Boy Reclines To More Comfortable Levels 
Is The Recovery Rally Here For SoFi?
The single greatest medical breakthrough of all time? (Ad)
Biden administration presses senators to avert rail strike
Trump Org. defense lawyer scolded for using struck testimony
NYSE:ABC

AmerisourceBergen - ABC Stock Forecast, Price & News

$171.63
+0.94 (+0.55%)
(As of 12/1/2022 12:00 AM ET)
Add
Compare
Today's Range
$169.79
$172.17
50-Day Range
$135.33
$170.69
52-Week Range
$113.68
$172.17
Volume
1.14 million shs
Average Volume
1.30 million shs
Market Capitalization
$35.30 billion
P/E Ratio
21.35
Dividend Yield
1.14%
Price Target
$174.25

AmerisourceBergen MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
1.5% Upside
$174.25 Price Target
Short Interest
Bearish
3.44% 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 5 Articles This Week
Insider Trading
Selling Shares
$2.05 B Sold Last Quarter
Proj. Earnings Growth
9.66%
From $11.49 to $12.60 Per Share

Overall MarketRank

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

2.77 out of 5 stars

Medical Sector

54th out of 1,047 stocks

Drugs, Proprietaries, & Sundries Industry

2nd out of 7 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

5 Ways to Find the Best Long-Term Dividend Stocks
AmerisourceBergen (NYSE:ABC) Downgraded to C at TheStreet
3 Dental Supplies Stocks to Watch Amid Industry Headwinds
AmerisourceBergen profit falls but tops estimates for Q4
AmerisourceBergen Is Likely to Correct Lower
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ABC Company Calendar

Last Earnings
11/03/2022
Ex-Dividend for 11/28 Dividend
11/10/2022
Dividend Payable
11/28/2022
Today
12/01/2022
Next Earnings (Estimated)
2/01/2023
Fiscal Year End
9/30/2023

Industry, Sector and Symbol

Industry
Drugs, proprietaries, & sundries
Sub-Industry
Health Care Distributors
Sector
Medical
CUSIP
03073E10
Employees
44,000
Year Founded
2001

Price Target and Rating

Average Stock Price Forecast
$174.25
High Stock Price Forecast
$195.00
Low Stock Price Forecast
$162.00
Forecasted Upside/Downside
+1.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
12 Analysts

Profitability

Net Income
$1.70 billion
Pretax Margin
0.91%

Debt

Sales & Book Value

Annual Sales
$238.59 billion
Cash Flow
$15.39 per share
Book Value
$0.35 per share

Miscellaneous

Free Float
147,264,000
Market Cap
$35.30 billion
Optionable
Optionable
Beta
0.55

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
  • Dr. Robert P. Mauch Ph.D. (Age 55)
    PharmD, Exec. VP & COO
    Comp: $2.31M
  • 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
  • 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?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AmerisourceBergen in the last year. There are currently 3 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street 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 2023?

12 analysts have issued twelve-month price targets for AmerisourceBergen's stock. Their ABC share price forecasts range from $162.00 to $195.00. On average, they predict the company's stock price to reach $174.25 in the next twelve months. This suggests a possible upside of 1.5% 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 at the start of the year. Since then, ABC stock has increased by 29.2% and is now trading at $171.63.
View the best growth stocks for 2022 here
.

When is AmerisourceBergen's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 1st 2023.
View our ABC earnings forecast
.

How were AmerisourceBergen's earnings last quarter?

AmerisourceBergen Co. (NYSE:ABC) posted its earnings results on Thursday, November, 3rd. The company reported $2.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.58 by $0.02. The business earned $61.17 billion during the quarter, compared to analysts' expectations of $60.56 billion. AmerisourceBergen had a trailing twelve-month return on equity of 444.46% and a net margin of 0.71%. AmerisourceBergen's revenue was up 3.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.39 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, November 2nd. Stockholders of record on Monday, November 14th will be paid a dividend of $0.485 per share on Monday, November 28th. This represents a $1.94 dividend on an annualized basis and a yield of 1.13%. The ex-dividend date of this dividend is Thursday, November 10th. This is an increase from the stock's previous quarterly dividend of $0.46.
Read our dividend analysis for ABC
.

Is AmerisourceBergen a good dividend stock?

AmerisourceBergen (NYSE:ABC) pays an annual dividend of $1.94 per share and currently has a dividend yield of 1.14%. 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 24.13%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ABC will have a dividend payout ratio of 15.40% 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 2023 earnings guidance on Thursday, November, 10th. The company provided earnings per share guidance of $11.30-$11.60 for the period, compared to the consensus earnings per share estimate of $11.45. The company issued revenue guidance of $250.52 billion-$255.29 billion, compared to the consensus revenue estimate of $248.28 billion.

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 a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (9.34%), BlackRock Inc. (8.19%), State Street Corp (3.40%), Boston Partners (2.43%), Coho Partners Ltd. (0.74%) and First Trust Advisors LP (0.65%). 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 $171.63.

How much money does AmerisourceBergen make?

AmerisourceBergen (NYSE:ABC) has a market capitalization of $35.30 billion and generates $238.59 billion in revenue each year. The company earns $1.70 billion in net income (profit) each year or $8.04 on an earnings per share basis.

How many employees does AmerisourceBergen have?

The company employs 44,000 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.
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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 12/2/2022 by MarketBeat.com Staff