NYSE:ABC

AmerisourceBergen (ABC) Stock Forecast, Price & News

$156.86

+1.06 (+0.68%)

(As of 05/27/2022 04:00 PM ET)

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Today's Range: $154.55
▼
$157.04
50-Day Range: $148.97
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$165.73
52-Week Range: $111.34
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$167.19

Volume: 1.64 million shs
Average Volume: 1.34 million shs
Market Capitalization: $32.86 billion

P/E Ratio: 19.13
Dividend Yield: 1.18%
Beta: 0.45

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About AmerisourceBergen

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.

May 26, 2022 | marketbeat.com

Bull or Bear, This Dividend Stock Doesn’t Care

May 27, 2022 | benzinga.com

Morgan Stanley Maintains Equal-Weight on AmerisourceBergen, Lowers Price Target to $175 - Benzinga - Benzinga

May 27, 2022 | globenewswire.com

Manhattan Associates Recognizes Heather Zenk of AmerisourceBergen as 2022 Outstanding Woman in Supply Chain - GlobeNewswire

May 27, 2022 | americanbankingnews.com

AmerisourceBergen (NYSE:ABC) Price Target Cut to $167.00

May 26, 2022 | benzinga.com

Barclays Upgrades AmerisourceBergen to Overweight, Raises Price Target to $182 - Benzinga - Benzinga

May 25, 2022 | stocknews.com

3 Low-Beta Stocks to Buy to Combat a Jittery Market

May 25, 2022 | benzinga.com

Deutsche Bank Maintains Hold on AmerisourceBergen, Lowers Price Target to $167 - Benzinga - Benzinga

May 23, 2022 | businesswire.com

AmerisourceBergen Launches Clinical Trial Navigator to Bolster Equitable and Accessible Community-Based Research Opportunities Nationwide - Business Wire

May 23, 2022 | finance.yahoo.com

AmerisourceBergen Launches Clinical Trial Navigator to Bolster Equitable and Accessible Community-Based Research Opportunities Nationwide - Yahoo Finance

May 15, 2022 | americanbankingnews.com

Walgreens Boots Alliance, Inc. Sells 6,000,000 Shares of AmerisourceBergen Co. (NYSE:ABC) Stock

May 13, 2022 | apnews.com

Tapestry, Sonos rise; AmerisourceBergen, Capital One fall - The Associated Press - en Español

May 13, 2022 | abcnews.go.com

Idaho announces $119 million opioid crisis settlement - ABC News

May 13, 2022 | businesswire.com

AmerisourceBergen Provides Update on Capital Deployment - Business Wire

See More Headlines

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Drugs, proprietaries, & sundries
Sub-Industry: Health Care Distributors
Sector: Medical
Current Symbol: NYSE:ABC
Previous Symbol
CUSIP: 03073E10
CIK: 1140859
Web: www.amerisourcebergen.com
Phone: (610) 727-7000
Fax: 800-640-5221
Employees: 42,000
Year Founded: 2001

Sales & Book Value

Annual Sales: $213.99 billion
Price / Sales: 0.15
Cash Flow: $12.34 per share
Price / Cash Flow: 12.71
Book Value: $4.33 per share
Price / Book: 36.23

Profitability

EPS (Most Recent Fiscal Year): $8.199990
Net Income: $1.54 billion
Net Margins: 0.75%
Pretax Margin: 1.07%
Return on Equity: 349.46%
Return on Assets: 3.83%

Debt

Debt-to-Equity Ratio: 5.13
Current Ratio: 0.92
Quick Ratio: 0.56

Price-To-Earnings

Trailing P/E Ratio: 19.13
Forward P/E Ratio: 14.34
P/E Growth: 1.63

Miscellaneous

Outstanding Shares: 209,464,000
Free Float: 149,976,000
Market Cap: $32.86 billion
Optionable: Optionable

Company Calendar

Ex-Dividend for 2/28 Dividend: 2/11/2022
Dividend Payable: 2/28/2022
Last Earnings: 5/04/2022
Ex-Dividend for 5/31 Dividend: 5/13/2022
Today: 5/27/2022
Dividend Payable: 5/31/2022
Next Earnings (Estimated): 8/03/2022
Fiscal Year End: 9/30/2022

Social Links

MarketRank^™

Overall MarketRank^™

2.91 out of 5 stars

Medical Sector

20th out of 1,424 stocks

Drugs, Proprietaries, & Sundries Industry

2nd out of 8 stocks

1.2 Analyst's Opinion

Consensus Rating
AmerisourceBergen has received a consensus rating of Hold. The company's average rating score is 2.43, and is based on 3 buy ratings, 4 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $168.29, AmerisourceBergen has a forecasted upside of 7.7% from its current price of $156.19.
Amount of Analyst Coverage
AmerisourceBergen has only been the subject of 2 research reports in the past 90 days.

4.4 Community Rank

Outperform Votes
AmerisourceBergen has received 696 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
AmerisourceBergen has received 361 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
AmerisourceBergen has received 65.85% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about AmerisourceBergen and other stocks. Vote “Outperform” if you believe ABC will outperform the S&P 500 over the long term. Vote “Underperform” if you believe ABC will underperform the S&P 500 over the long term. You may vote once every thirty days.

4.2 Dividend Strength

Dividend Yield
AmerisourceBergen pays a meaningful dividend of 1.19%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
AmerisourceBergen has been increasing its dividend for 18 years.
Dividend Coverage
The dividend payout ratio of AmerisourceBergen is 22.44%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, AmerisourceBergen will have a dividend payout ratio of 15.86% next year. This indicates that AmerisourceBergen will be able to sustain or increase its dividend.

4.2 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, AmerisourceBergen insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $912,048,947.00 in company stock.
Percentage Held by Insiders
28.40% of the stock of AmerisourceBergen is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
64.17% of the stock of AmerisourceBergen is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Earnings Growth
Earnings for AmerisourceBergen are expected to grow by 6.03% in the coming year, from $10.94 to $11.60 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of AmerisourceBergen is 19.05, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 10.00.
Price to Earnings Ratio vs. Sector
The P/E ratio of AmerisourceBergen is 19.05, which means that it is trading at a more expensive P/E ratio than the Medical sector average P/E ratio of about 13.22.
Price to Earnings Growth Ratio
AmerisourceBergen has a PEG Ratio of 1.63. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
AmerisourceBergen has a P/B Ratio of 36.07. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

AmerisourceBergen (NYSE:ABC) Frequently Asked Questions

Is AmerisourceBergen a buy right now?: 7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for AmerisourceBergen in the last year. There are currently 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" AmerisourceBergen stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ABC, but not buy additional shares or sell existing shares.
View analyst ratings for AmerisourceBergen or view top-rated stocks.
Are investors shorting AmerisourceBergen?: AmerisourceBergen saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 3,440,000 shares, an increase of 39.8% from the April 30th total of 2,460,000 shares. Based on an average trading volume of 1,410,000 shares, the days-to-cover ratio is presently 2.4 days. Currently, 2.2% of the shares of the stock are short sold.
View AmerisourceBergen's Short Interest.
When is AmerisourceBergen's next earnings date?: AmerisourceBergen is scheduled to release its next quarterly earnings announcement on Wednesday, August 3rd 2022.
View our earnings forecast for AmerisourceBergen.
How were AmerisourceBergen's earnings last quarter?: AmerisourceBergen Co. (NYSE:ABC) issued its quarterly earnings data on Wednesday, May, 4th. The company reported $3.22 earnings per share for the quarter, topping the consensus estimate of $2.99 by $0.23. The company had revenue of $57.72 billion for the quarter, compared to the consensus estimate of $57.26 billion. AmerisourceBergen had a net margin of 0.75% and a trailing twelve-month return on equity of 349.46%. AmerisourceBergen's revenue was up 17.4% on a year-over-year basis. During the same quarter last year, the business earned $2.53 EPS.
View AmerisourceBergen's earnings history.
How often does AmerisourceBergen pay dividends? What is the dividend yield for AmerisourceBergen?: AmerisourceBergen declared a quarterly dividend on Wednesday, May 4th. Shareholders of record on Monday, May 16th will be given a dividend of $0.46 per share on Tuesday, May 31st. This represents a $1.84 annualized dividend and a dividend yield of 1.17%. The ex-dividend date of this dividend is Friday, May 13th.
View AmerisourceBergen's dividend history.
Is AmerisourceBergen a good dividend stock?: AmerisourceBergen pays an annual dividend of $1.84 per share and currently has a dividend yield of 1.19%. AmerisourceBergen has been increasing its dividend for 18 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of AmerisourceBergen is 22.44%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AmerisourceBergen will have a dividend payout ratio of 15.86% next year. This indicates that AmerisourceBergen will be able to sustain or increase its dividend.
View AmerisourceBergen's dividend history.
What guidance has AmerisourceBergen issued on next quarter's earnings?: AmerisourceBergen updated its FY 2022 earnings guidance on Monday, May, 9th. The company provided EPS guidance of $10.80-$11.05 for the period, compared to the consensus earnings per share estimate of $10.79. The company issued revenue guidance of -.
What price target have analysts set for ABC?: 7 brokers have issued 1-year price objectives for AmerisourceBergen's stock. Their forecasts range from $145.00 to $187.00. On average, they expect AmerisourceBergen's stock price to reach $168.29 in the next twelve months. This suggests a possible upside of 7.3% from the stock's current price.
View analysts' price targets for AmerisourceBergen or view top-rated stocks among Wall Street analysts.
Who are AmerisourceBergen's key executives?: AmerisourceBergen's management team includes the following people:
Mr. Steven H. Collis, Chairman, Pres & CEO (Age 61, Pay $4.37M) (LinkedIn Profile)
Mr. James F. Cleary Jr., Exec. VP & CFO (Age 59, Pay $2.17M)
Ms. Gina K. Clark, Exec. VP and Chief Communications & Admin. Officer (Age 65, Pay $1.72M) (LinkedIn Profile)
Mr. John G. Chou, Exec. VP and Special Advisor to the Chairman & CEO (Age 66, Pay $2.01M) (LinkedIn Profile)
Dr. Robert P. Mauch PharmD, Ph.D., Exec. VP & Group Pres (Age 55, Pay $2.31M)
Mr. Lazarus Krikorian, Sr. VP, Chief Accounting Officer & Corp. Controller (Age 57) (LinkedIn Profile)
Bennett S. Murphy, Sr. VP of Investor Relations
Ms. Kathy H. Gaddes, Exec. VP & Chief Compliance Officer (Age 59)
Ms. Elizabeth S. Campbell, Exec. VP & Chief Legal Officer (Age 47) (LinkedIn Profile)
Ms. Silvana Battaglia, Exec. VP & Chief HR Officer (Age 55) (LinkedIn Profile)
What is Steve Collis' approval rating as AmerisourceBergen's CEO?: 447 employees have rated AmerisourceBergen CEO Steve Collis on Glassdoor.com. Steve Collis has an approval rating of 83% among AmerisourceBergen's employees.
Who are some of AmerisourceBergen's key competitors?: Some companies that are related to AmerisourceBergen include McKesson (MCK), Cardinal Health (CAH), Henry Schein (HSIC), Patterson Companies (PDCO) and Owens & Minor (OMI).
View all of ABC's competitors.
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 variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (8.80%), BlackRock Inc. (7.87%), JPMorgan Chase & Co. (3.54%), State Street Corp (3.31%), Boston Partners (2.23%) and Capital Research Global Investors (1.63%). Company insiders that own AmerisourceBergen stock include Elizabeth S Campbell, Gina Clark, Henry Wadsworth Mcgee III, Jane E Md Henney, John G Chou, John G Chou, Lazarus Krikorian, Robert P Mauch, Silvana Battaglia, Steven H Collis and Walgreens Boots Alliance, Inc.
View institutional ownership trends for AmerisourceBergen.
Which major investors are selling AmerisourceBergen stock?: ABC stock was sold by a variety of institutional investors in the last quarter, including Suvretta Capital Management LLC, Beutel Goodman & Co Ltd., JPMorgan Chase & Co., Neuberger Berman Group LLC, First Trust Advisors LP, Glenview Capital Management LLC, TimesSquare Capital Management LLC, and TD Asset Management Inc.. Company insiders that have sold AmerisourceBergen company stock in the last year include Elizabeth S Campbell, Gina Clark, John G Chou, Lazarus Krikorian, Robert P Mauch, Silvana Battaglia, Steven H Collis, and Walgreens Boots Alliance, Inc.
View insider buying and selling activity for AmerisourceBergen or view top insider-selling stocks.
Which major investors are buying AmerisourceBergen stock?: ABC stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Vanguard Group Inc., Invesco Ltd., Envestnet Asset Management Inc., The Manufacturers Life Insurance Company , Strs Ohio, DekaBank Deutsche Girozentrale, and Goldman Sachs Group Inc..
View insider buying and selling activity for AmerisourceBergen or or view top insider-buying stocks.
How do I buy shares of AmerisourceBergen?: Shares of ABC 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 $156.86.
How much money does AmerisourceBergen make?: AmerisourceBergen has a market capitalization of $32.86 billion and generates $213.99 billion in revenue each year. The company earns $1.54 billion in net income (profit) each year or $8.199990 on an earnings per share basis.
How many employees does AmerisourceBergen have?: AmerisourceBergen employs 42,000 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, 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.
When was AmerisourceBergen founded?: AmerisourceBergen was founded in 2001.
What is AmerisourceBergen's official website?: The official website for AmerisourceBergen is www.amerisourcebergen.com.
How can I contact AmerisourceBergen?: AmerisourceBergen's mailing address is 1300 MORRIS DRIVE, CHESTERBROOK PA, 19087. The company can be reached via phone at (610) 727-7000, via email at [email protected], or via fax at 800-640-5221.

This page was last updated on 5/27/2022 by MarketBeat.com Staff

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AmerisourceBergen (ABC) Stock Forecast, Price & News

About AmerisourceBergen

Headlines

Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous

Company Calendar

Social Links

MarketRank™

Overall MarketRank™

1.2 Analyst's Opinion

4.4 Community Rank

Outperform Votes

Underperform Votes

Community Sentiment

4.2 Dividend Strength

4.2 Company Ownership

0.6 Earnings and Valuation

AmerisourceBergen (NYSE:ABC) Frequently Asked Questions

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