NYSE:ABCAmerisourceBergen Stock Price, Forecast & News

AmerisourceBergen's stock was trading at $84.96 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, ABC shares have increased by 1.9% and is now trading at $86.57. View which stocks have been mosted impacted by Coronavirus.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AmerisourceBergen in the last year. There are currently 1 sell rating, 3 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for AmerisourceBergen.

AmerisourceBergen is scheduled to release its next quarterly earnings announcement on Thursday, May 7th 2020. View our earnings forecast for AmerisourceBergen.

AmerisourceBergen Corp. (NYSE:ABC) released its quarterly earnings data on Thursday, January, 30th. The company reported $1.76 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.67 by $0.09. The firm earned $47.86 billion during the quarter, compared to analysts' expectations of $47.84 billion. AmerisourceBergen had a return on equity of 49.95% and a net margin of 0.36%. The business's revenue for the quarter was up 5.4% compared to the same quarter last year. During the same quarter last year, the firm posted $1.60 EPS. View AmerisourceBergen's earnings history.

AmerisourceBergen declared a quarterly dividend on Thursday, January 30th. Shareholders of record on Friday, February 14th will be given a dividend of $0.42 per share on Monday, March 2nd. This represents a $1.68 annualized dividend and a dividend yield of 1.94%. The ex-dividend date is Thursday, February 13th. This is an increase from AmerisourceBergen's previous quarterly dividend of $0.40. View AmerisourceBergen's dividend history.

AmerisourceBergen issued an update on its FY 2020 Pre-Market earnings guidance on Thursday, January, 30th. The company provided EPS guidance of 7.55-7.80 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $7.53.

9 Wall Street analysts have issued twelve-month target prices for AmerisourceBergen's stock. Their forecasts range from $76.00 to $112.00. On average, they expect AmerisourceBergen's stock price to reach $97.38 in the next year. This suggests a possible upside of 12.5% from the stock's current price. View analysts' price targets for AmerisourceBergen.

News stories about ABC stock have trended very negative on Wednesday, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. AmerisourceBergen earned a media sentiment score of -3.3 on InfoTrie's scale. They also gave media stories about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news aboutAmerisourceBergen.

AmerisourceBergen saw a decline in short interest during the month of March. As of March 13th, there was short interest totaling 4,574,500 shares, a decline of 5.7% from the February 27th total of 4,850,000 shares. Based on an average trading volume of 1,430,000 shares, the days-to-cover ratio is currently 3.2 days. Currently, 3.1% of the shares of the stock are sold short. View AmerisourceBergen's Current Options Chain.

Some companies that are related to AmerisourceBergen include McKesson (MCK), Cardinal Health (CAH), Henry Schein (HSIC), Patterson Companies (PDCO) and Owens & Minor (OMI).

Based on aggregate information from My MarketBeat watchlists, some companies that other AmerisourceBergen investors own include Walt Disney (DIS), Gilead Sciences (GILD), CVS Health (CVS), Intel (INTC), Cisco Systems (CSCO), AbbVie (ABBV), NVIDIA (NVDA), Alibaba Group (BABA), 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 investors include Cypress Capital Group (0.02%), State of Alaska Department of Revenue (0.01%), Birch Capital Management LLC (0.01%), Foundations Investment Advisors LLC (0.00%), Global Trust Asset Management LLC (0.00%) and Fulton Bank N.A. (0.00%). Company insiders that own AmerisourceBergen stock include Dale Danilewitz, Dermot Mark Durcan, Gina Clark, Henry Wadsworth Mcgee III, James F Cleary Jr, John G Chou, Kathleen W Hyle, Kathy H Gaddes, Lazarus Krikorian, 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 Birch Capital Management LLC, Bank of Stockton, Global Trust Asset Management LLC, and Park National Corp OH. Company insiders that have sold AmerisourceBergen company stock in the last year include Dale Danilewitz, Gina Clark, Henry Wadsworth Mcgee III, John G Chou, Kathleen W Hyle, Kathy H Gaddes, Richard W Gochnauer, Robert P Mauch, and Steven H Collis. View insider buying and selling activity for AmerisourceBergen.

ABC stock was acquired by a variety of institutional investors in the last quarter, including Foundations Investment Advisors LLC, Fulton Bank N.A., IBM Retirement Fund, Nelson Van Denburg & Campbell Wealth Management Group LLC, State of Alaska Department of Revenue, and Cypress Capital Group. 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.

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 $86.57.

AmerisourceBergen has a market capitalization of $17.82 billion and generates $179.59 billion in revenue each year. The company earns $855.36 million in net income (profit) each year or $7.09 on an earnings per share basis. AmerisourceBergen employs 22,000 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]