AmerisourceBergen Stock Forecast, Price & News

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for AmerisourceBergen in the last twelve months. There are currently 3 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" AmerisourceBergen stock.
View analyst ratings for AmerisourceBergen or view top-rated stocks.

Wall Street analysts have given AmerisourceBergen a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but AmerisourceBergen wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

AmerisourceBergen saw a drop in short interest during the month of February. As of February 12th, there was short interest totaling 2,230,000 shares, a drop of 18.3% from the January 28th total of 2,730,000 shares. Based on an average trading volume of 1,150,000 shares, the short-interest ratio is presently 1.9 days. Currently, 1.5% of the shares of the stock are short sold.
View AmerisourceBergen's Short Interest.

AmerisourceBergen is scheduled to release its next quarterly earnings announcement on Thursday, May 6th 2021.
View our earnings forecast for AmerisourceBergen.

AmerisourceBergen Co. (NYSE:ABC) announced its earnings results on Wednesday, February, 3rd. The company reported $2.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.94 by $0.24. The company had revenue of $52.50 billion for the quarter, compared to the consensus estimate of $50.49 billion. AmerisourceBergen had a negative net margin of 1.80% and a positive trailing twelve-month return on equity of 65.93%. AmerisourceBergen's revenue was up 9.7% compared to the same quarter last year. During the same quarter last year, the firm posted $1.76 earnings per share.
View AmerisourceBergen's earnings history.

AmerisourceBergen's stock was trading at $84.96 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, ABC shares have increased by 21.2% and is now trading at $102.93.
View which stocks have been most impacted by COVID-19.

AmerisourceBergen declared a quarterly dividend on Thursday, January 14th. Investors of record on Friday, February 12th will be paid a dividend of $0.44 per share on Monday, March 1st. This represents a $1.76 annualized dividend and a dividend yield of 1.71%. The ex-dividend date of this dividend is Thursday, February 11th.
View AmerisourceBergen's dividend history.

AmerisourceBergen pays an annual dividend of $1.76 per share and currently has a dividend yield of 1.74%. AmerisourceBergen does not yet have a strock track record of dividend growth. The dividend payout ratio of AmerisourceBergen is 22.28%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AmerisourceBergen will have a dividend payout ratio of 18.78% next year. This indicates that AmerisourceBergen will be able to sustain or increase its dividend.
View AmerisourceBergen's dividend history.

AmerisourceBergen updated its FY21 earnings guidance on Thursday, February, 4th. The company provided EPS guidance of $8.40-$8.60 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $8.42.

10 equities research analysts have issued twelve-month price targets for AmerisourceBergen's stock. Their forecasts range from $88.00 to $150.00. On average, they anticipate AmerisourceBergen's stock price to reach $121.11 in the next year. This suggests a possible upside of 17.7% from the stock's current price.
View analysts' price targets for AmerisourceBergen or view top-rated stocks among Wall Street analysts.

447 employees have rated AmerisourceBergen CEO Steve Collis on Glassdoor.com. Steve Collis has an approval rating of 83% among AmerisourceBergen's employees.

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.

Based on aggregate information from My MarketBeat watchlists, some companies that other AmerisourceBergen investors own include NVIDIA (NVDA), Intel (INTC), AbbVie (ABBV), The Walt Disney (DIS), CVS Health (CVS), Johnson & Johnson (JNJ), AT&T (T), JPMorgan Chase & Co. (JPM), The Home Depot (HD) and Pfizer (PFE).

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

AmerisourceBergen's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (5.41%), JPMorgan Chase & Co. (3.64%), Boston Partners (2.17%), FIL Ltd (1.30%), Beutel Goodman & Co Ltd. (1.12%) and Northern Trust Corp (1.06%). Company insiders that own AmerisourceBergen stock include Dale Danilewitz, Dermot Mark Durcan, Gina Clark, Henry Wadsworth Mcgee III, James F Cleary Jr, Jane E Md Henney, John G Chou, Kathleen W Hyle, Kathy H Gaddes, Lazarus Krikorian, Richard W Gochnauer, Robert P Mauch and Steven H Collis.
View institutional ownership trends for AmerisourceBergen.

ABC stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., FIL Ltd, BlackRock Inc., Boston Partners, Lord Abbett & CO. LLC, Bank of New York Mellon Corp, AJO LP, and State of Wisconsin Investment Board. Company insiders that have sold AmerisourceBergen company stock in the last year include Gina Clark, Jane E Md Henney, John G Chou, Lazarus Krikorian, Robert P Mauch, and Steven H Collis.
View insider buying and selling activity for AmerisourceBergen or view top insider-selling stocks.

ABC stock was purchased by a variety of institutional investors in the last quarter, including American International Group Inc., First Trust Advisors LP, Rothschild & Co. Asset Management US Inc., Retirement Systems of Alabama, Renaissance Technologies LLC, JPMorgan Chase & Co., GWM Advisors LLC, and Morgan Stanley. Company insiders that have bought AmerisourceBergen stock in the last two years include Dermot Mark Durcan, and James F Cleary Jr.
View insider buying and selling activity for AmerisourceBergen or or view top insider-buying stocks.

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.

One share of ABC stock can currently be purchased for approximately $102.93.

AmerisourceBergen has a market capitalization of $21.07 billion and generates $189.89 billion in revenue each year. The company earns $-3,408,720,000.00 in net income (profit) each year or $7.90 on an earnings per share basis.

AmerisourceBergen employs 22,000 workers across the globe.

The following companies are subsidiares of AmerisourceBergen: 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 AG, AmerisourceBergen International Holdings Inc., AmerisourceBergen Luxembourg S.a.r.L., AmerisourceBergen Services Corporation, 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 Oncology Network Solutions Inc., IntrinsiQ, Lash Group, MWI Veterinary Supply, MWI Veterinary Supply Co., MWI Veterinary Supply Inc., Network for Medical Communications & Research, PharMEDium Healthcare, Pharmacy Healthcare Solutions, Premier Source, St. Francis Group, Trent Drug, US Bioservices, World Courier, World Courier Group S.à r.l., and Xcenda.

AmerisourceBergen was founded in 2001.

The official website for AmerisourceBergen is www.amerisourcebergen.com.

AmerisourceBergen is headquartered at 1300 MORRIS DRIVE, CHESTERBROOK PA, 19087.

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]