NYSE:ABC - AmerisourceBergen Stock Price, Price Target & More

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

AmerisourceBergen announced a quarterly dividend on Thursday, May 10th. Shareholders of record on Monday, May 21st will be given a dividend of $0.38 per share on Monday, June 4th. This represents a $1.52 annualized dividend and a yield of 1.76%. The ex-dividend date of this dividend is Friday, May 18th. View AmerisourceBergen's Dividend History.

AmerisourceBergen Corp. (NYSE:ABC) released its quarterly earnings data on Wednesday, May, 2nd. The company reported $1.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.83 by $0.13. The business had revenue of $41.03 billion for the quarter, compared to the consensus estimate of $40.56 billion. AmerisourceBergen had a net margin of 0.57% and a return on equity of 51.04%. The business's revenue for the quarter was up 10.5% compared to the same quarter last year. During the same period in the previous year, the company 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 updated its FY18 earnings guidance on Wednesday, May, 2nd. The company provided earnings per share guidance of $6.45-6.65 for the period, compared to the Thomson Reuters consensus EPS 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 12-month price targets for AmerisourceBergen's stock. Their forecasts range from $87.00 to $115.00. On average, they expect AmerisourceBergen's stock price to reach $102.0667 in the next twelve months. This suggests a possible upside of 18.2% 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 coverage about ABC stock has trended somewhat positive recently, Accern Sentiment reports. The research firm rates the sentiment of media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. AmerisourceBergen earned a news sentiment score of 0.12 on Accern's scale. They also assigned press coverage about the company an impact score of 46.18 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.

AmerisourceBergen's stock is owned by many different of retail and institutional investors. Top institutional investors include Hexavest Inc. (0.29%), Boston Advisors LLC (0.12%), Bank of Montreal Can (0.10%), Fisher Asset Management LLC (0.03%), Gulf International Bank UK Ltd (0.02%) and Fjarde AP Fonden Fourth Swedish National Pension Fund (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., Bremer Trust National Association, Rathbone Brothers plc, Fisher Asset Management LLC and Capital One National Association. 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 acquired 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 $86.33.

AmerisourceBergen has a market capitalization of $19.10 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]