AmerisourceBergen Stock Price, News & Analysis (NYSE:ABC)

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

AmerisourceBergen announced a quarterly dividend on Thursday, August 8th. Stockholders of record on Monday, August 19th will be given a dividend of $0.40 per share on Tuesday, September 3rd. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.78%. The ex-dividend date is Friday, August 16th. View AmerisourceBergen's Dividend History.

AmerisourceBergen Corp. (NYSE:ABC) posted its earnings results on Thursday, August, 1st. The company reported $1.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.62 by $0.14. The company had revenue of $45.24 billion for the quarter, compared to the consensus estimate of $45.15 billion. AmerisourceBergen had a net margin of 0.54% and a return on equity of 47.88%. The company's quarterly revenue was up 4.9% on a year-over-year basis. During the same period in the previous year, the firm posted $1.54 earnings per share. View AmerisourceBergen's Earnings History.

AmerisourceBergen is scheduled to release their next quarterly earnings announcement on Thursday, November 7th 2019. View Earnings Estimates for AmerisourceBergen.

AmerisourceBergen will be holding an earnings conference call on Thursday, November 7th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

AmerisourceBergen issued an update on its FY19 earnings guidance on Thursday, August, 1st. The company provided earnings per share guidance of $7.00-7.10 for the period, compared to the Thomson Reuters consensus estimate of $6.85.

9 analysts have issued 12-month price objectives for AmerisourceBergen's shares. Their forecasts range from $76.00 to $100.00. On average, they expect AmerisourceBergen's stock price to reach $87.14 in the next twelve months. This suggests that the stock has a possible downside of 2.8%. 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, 5 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for AmerisourceBergen.

Media coverage about ABC stock has trended negative recently, according to InfoTrie Sentiment. InfoTrie scores the sentiment of press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. AmerisourceBergen earned a news impact score of -2.0 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for AmerisourceBergen.

AmerisourceBergen saw a increase in short interest in the month of September. As of September 30th, there was short interest totalling 8,570,000 shares, an increase of 5.7% from the August 30th total of 8,110,000 shares. Based on an average daily trading volume, of 1,280,000 shares, the days-to-cover ratio is presently 6.7 days. Approximately 5.7% 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), Herbalife Nutrition (HLF), Nu Skin Enterprises (NUS), PetIQ (PETQ), Trxade Group (TRXD), biOasis Technologies (BIOAF) and Aceto (ACET).

Based on aggregate information from My MarketBeat watchlists, some companies that other AmerisourceBergen investors own include CVS Health (CVS), Gilead Sciences (GILD), Walt Disney (DIS), Johnson & Johnson (JNJ), Visa (V), Cardinal Health (CAH), Cisco Systems (CSCO), AbbVie (ABBV), Intel (INTC) and Alibaba Group (BABA).

AmerisourceBergen's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.11%), Robeco Institutional Asset Management B.V. (0.06%), Assenagon Asset Management S.A. (0.06%), Nisa Investment Advisors LLC (0.05%), Rhenman & Partners Asset Management AB (0.05%) and Artemis Investment Management LLP (0.04%). Company insiders that own AmerisourceBergen stock include Dale Danilewitz, Gina Clark, Henry Wadsworth Mcgee III, James F Cleary Jr, 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 Institutional Ownership Trends for AmerisourceBergen.

ABC stock was sold by a variety of institutional investors in the last quarter, including Rhenman & Partners Asset Management AB, Artemis Investment Management LLP, CIBC Private Wealth Group LLC, Pacer Advisors Inc., Northwest Bancshares Inc., Pflug Koory LLC, Zeke Capital Advisors LLC and Regent Investment Management LLC. 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, Kathy H Gaddes, Lazarus Krikorian, 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 Assenagon Asset Management S.A., Robeco Institutional Asset Management B.V., PGGM Investments, Bowling Portfolio Management LLC, Winmill & CO. Inc., Envestnet Asset Management Inc., Tuttle Tactical Management and Campbell & CO Investment Adviser 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, Robinhood, Fidelity and Charles Schwab.

One share of ABC stock can currently be purchased for approximately $89.64.

AmerisourceBergen has a market capitalization of $18.84 billion and generates $167.94 billion in revenue each year. The company earns $1.66 billion in net income (profit) each year or $6.49 on an earnings per share basis. AmerisourceBergen employs 21,000 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]