S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Is Buying an Aged Corporation a Good Idea?
The Next Big Crisis Is Here (Ad)
MarketBeat Week in Review – 1/23- 1/27
Visa, L3Harris rise; Intel, Eastman Chemical fall
The Next Big Crisis Is Here (Ad)
How major US stock indexes fared Friday 1/27/2023
Closing prices for crude oil, gold and other commodities
The Next Big Crisis Is Here (Ad)
Lots of sound and fury on US debt, but not a crisis — yet
Wall Street adds more to its big January after strong week
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Is Buying an Aged Corporation a Good Idea?
The Next Big Crisis Is Here (Ad)
MarketBeat Week in Review – 1/23- 1/27
Visa, L3Harris rise; Intel, Eastman Chemical fall
The Next Big Crisis Is Here (Ad)
How major US stock indexes fared Friday 1/27/2023
Closing prices for crude oil, gold and other commodities
The Next Big Crisis Is Here (Ad)
Lots of sound and fury on US debt, but not a crisis — yet
Wall Street adds more to its big January after strong week
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Is Buying an Aged Corporation a Good Idea?
The Next Big Crisis Is Here (Ad)
MarketBeat Week in Review – 1/23- 1/27
Visa, L3Harris rise; Intel, Eastman Chemical fall
The Next Big Crisis Is Here (Ad)
How major US stock indexes fared Friday 1/27/2023
Closing prices for crude oil, gold and other commodities
The Next Big Crisis Is Here (Ad)
Lots of sound and fury on US debt, but not a crisis — yet
Wall Street adds more to its big January after strong week
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Is Buying an Aged Corporation a Good Idea?
The Next Big Crisis Is Here (Ad)
MarketBeat Week in Review – 1/23- 1/27
Visa, L3Harris rise; Intel, Eastman Chemical fall
The Next Big Crisis Is Here (Ad)
How major US stock indexes fared Friday 1/27/2023
Closing prices for crude oil, gold and other commodities
The Next Big Crisis Is Here (Ad)
Lots of sound and fury on US debt, but not a crisis — yet
Wall Street adds more to its big January after strong week
NYSE:ABC

AmerisourceBergen - ABC Stock Forecast, Price & News

$164.16
-0.75 (-0.45%)
(As of 01/27/2023 12:00 AM ET)
Add
Compare
Today's Range
$163.67
$166.66
50-Day Range
$160.30
$173.99
52-Week Range
$132.00
$174.63
Volume
1.63 million shs
Average Volume
1.13 million shs
Market Capitalization
$33.76 billion
P/E Ratio
20.42
Dividend Yield
1.18%
Price Target
$176.25

AmerisourceBergen MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.83 Rating Score
Upside/​Downside
7.4% Upside
$176.25 Price Target
Short Interest
Healthy
1.94% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.55
Upright™ Environmental Score
News Sentiment
0.38mentions of AmerisourceBergen in the last 14 days
Based on 11 Articles This Week
Insider Trading
Selling Shares
$3.04 B Sold Last Quarter
Proj. Earnings Growth
10.09%
From $11.50 to $12.66 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.85 out of 5 stars

Medical Sector

38th out of 1,055 stocks

Drugs, Proprietaries, & Sundries Industry

2nd out of 7 stocks


ABC stock logo

About AmerisourceBergen (NYSE:ABC) Stock

AmerisourceBergen Corp. engages in the provision of pharmaceutical products and business solutions that improve access to care. It operates through the Pharmaceutical Distribution Services and Other segments. The Pharmaceutical Distribution Services segment distributes an offering of brand-name, specialty brand-name and generic pharmaceuticals, over-the-counter healthcare products, home healthcare supplies and equipment, and related services to healthcare providers, including acute care hospitals and health systems, independent and chain retail pharmacies, mail order pharmacies, medical clinics, and long-term care and alternate site pharmacies. The Other segment focuses on global commercialization services and animal health, and includes AmerisourceBergen Consulting Services ABCS, World Courier, and MWI. The company was founded by in Emil P. Martini in 1947 and is headquartered in Conshohocken, PA.

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ABC Stock News Headlines

Is Walgreens Boots Alliance Earnings Miss Good For Investors? (ABC)
Integrated healthcare and pharmacy retailer Walgreens Boots Alliance Inc. (NYSE: WBA) stock recovered some sell-off losses from its fiscal Q1 2023 earnings
The Next Big Crisis Is Here
You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.
Feds sue drug wholesaler AmerisourceBergen over opioid sales
The U.S. Justice Department is alleging that a major drug wholesaler contributed to the deadly toll from opioids by turning a blind eye to warning signs about suspicious sales to its pharmacy customers
AmerisourceBergen is changing its name
Is This The End of Capitalism?
EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…
AmerisourceBergen (NYSE:ABC) Upgraded at StockNews.com
AmerisourceBergen Completes Acquisition of PharmaLex
U.S. DoJ Sues AmerisourceBergen Over Role In Opioid Crisis
See More Headlines
Receive ABC Stock News and Ratings via Email

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ABC Company Calendar

Last Earnings
11/03/2022
Ex-Dividend for 11/28 Dividend
11/10/2022
Dividend Payable
11/28/2022
Today
1/28/2023
Next Earnings (Confirmed)
2/01/2023
Fiscal Year End
9/30/2023

Industry, Sector and Symbol

Industry
Drugs, proprietaries, & sundries
Sub-Industry
Health Care Distributors
Sector
Medical
CUSIP
03073E10
Employees
44,000
Year Founded
2001

Price Target and Rating

Average Stock Price Forecast
$176.25
High Stock Price Forecast
$199.00
Low Stock Price Forecast
$162.00
Forecasted Upside/Downside
+7.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
12 Analysts

Profitability

Net Income
$1.70 billion
Pretax Margin
0.91%

Debt

Sales & Book Value

Annual Sales
$238.59 billion
Cash Flow
$14.99 per share
Book Value
$0.34 per share

Miscellaneous

Free Float
147,264,000
Market Cap
$33.76 billion
Optionable
Optionable
Beta
0.55

Social Links


Key Executives

  • Steven H. CollisSteven H. Collis
    Chairman, President & Chief Executive Officer
  • Robert P. MauchRobert P. Mauch
    Chief Operating Officer & Executive Vice President
  • James Francis Cleary
    Chief Financial Officer & Executive VP
  • Jennifer E. Dubas
    Chief Compliance Officer & Senior Vice President
  • Gina K. ClarkGina K. Clark
    Chief Communications & Administration Officer, EVP













ABC Stock - Frequently Asked Questions

Should I buy or sell AmerisourceBergen stock right now?

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for AmerisourceBergen in the last year. There are currently 2 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" ABC shares.
View ABC analyst ratings
or view top-rated stocks.

What is AmerisourceBergen's stock price forecast for 2023?

12 brokers have issued 12-month price targets for AmerisourceBergen's shares. Their ABC share price forecasts range from $162.00 to $199.00. On average, they predict the company's stock price to reach $176.25 in the next year. This suggests a possible upside of 7.4% from the stock's current price.
View analysts price targets for ABC
or view top-rated stocks among Wall Street analysts.

How have ABC shares performed in 2023?

AmerisourceBergen's stock was trading at $165.71 on January 1st, 2023. Since then, ABC shares have decreased by 0.9% and is now trading at $164.16.
View the best growth stocks for 2023 here
.

Are investors shorting AmerisourceBergen?

AmerisourceBergen saw a drop in short interest in the month of January. As of January 15th, there was short interest totaling 3,320,000 shares, a drop of 6.5% from the December 31st total of 3,550,000 shares. Based on an average daily volume of 1,570,000 shares, the days-to-cover ratio is presently 2.1 days. Approximately 1.9% of the shares of the company are sold short.
View AmerisourceBergen's Short Interest
.

When is AmerisourceBergen's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 1st 2023.
View our ABC earnings forecast
.

How can I listen to AmerisourceBergen's earnings call?

AmerisourceBergen will be holding an earnings conference call on Wednesday, February 1st at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 866-813-9403 with passcode "802410".

How were AmerisourceBergen's earnings last quarter?

AmerisourceBergen Co. (NYSE:ABC) issued its earnings results on Thursday, November, 3rd. The company reported $2.60 earnings per share for the quarter, topping analysts' consensus estimates of $2.58 by $0.02. The company earned $61.17 billion during the quarter, compared to the consensus estimate of $60.56 billion. AmerisourceBergen had a trailing twelve-month return on equity of 444.46% and a net margin of 0.71%. AmerisourceBergen's revenue for the quarter was up 3.8% compared to the same quarter last year. During the same period in the previous year, the business posted $2.39 earnings per share.
Read the conference call transcript
.

How often does AmerisourceBergen pay dividends? What is the dividend yield for AmerisourceBergen?

AmerisourceBergen announced a quarterly dividend on Wednesday, November 2nd. Investors of record on Monday, November 14th will be paid a dividend of $0.485 per share on Monday, November 28th. This represents a $1.94 annualized dividend and a dividend yield of 1.18%. The ex-dividend date is Thursday, November 10th. This is a positive change from the stock's previous quarterly dividend of $0.46.
Read our dividend analysis for ABC
.

Is AmerisourceBergen a good dividend stock?

AmerisourceBergen (NYSE:ABC) pays an annual dividend of $1.94 per share and currently has a dividend yield of 1.18%. The company 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 is 24.13%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ABC will have a dividend payout ratio of 15.32% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ABC.

What guidance has AmerisourceBergen issued on next quarter's earnings?

AmerisourceBergen issued an update on its FY 2023 earnings guidance on Thursday, November, 10th. The company provided EPS guidance of $11.30-$11.60 for the period, compared to the consensus estimate of $11.45. The company issued revenue guidance of $250.52 billion-$255.29 billion, compared to the consensus revenue estimate of $248.28 billion.

What is Steve Collis' approval rating as AmerisourceBergen's CEO?

447 employees have rated AmerisourceBergen Chief Executive Officer Steve Collis on Glassdoor.com. Steve Collis has an approval rating of 83% among the company's employees.

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 many different institutional and retail investors. Top institutional investors include Coho Partners Ltd. (0.76%), Ardevora Asset Management LLP (0.15%), Scout Investments Inc. (0.12%), Wedge Capital Management L L P NC (0.12%), Assenagon Asset Management S.A. (0.10%) and Ferguson Wellman Capital Management Inc. (0.09%). Insiders that own company stock include Dermot Mark Durcan, Elizabeth S Campbell, Gina Clark, Henry Wadsworth Mcgee III, Jane E Md Henney, John G Chou, John G Chou, Kathleen W Hyle, Kathy H Gaddes, Lazarus Krikorian, Leslie E Donato, Robert P Mauch, Silvana Battaglia, Steven H Collis and Walgreens Boots Alliance, Inc.
View institutional ownership trends
.

How do I buy shares of AmerisourceBergen?

Shares of ABC stock 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 $164.16.

How much money does AmerisourceBergen make?

AmerisourceBergen (NYSE:ABC) has a market capitalization of $33.76 billion and generates $238.59 billion in revenue each year. The company earns $1.70 billion in net income (profit) each year or $8.04 on an earnings per share basis.

How many employees does AmerisourceBergen have?

The company employs 44,000 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, PMSI, 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.
Read More
How can I contact AmerisourceBergen?

AmerisourceBergen's mailing address is 1300 MORRIS DRIVE, CHESTERBROOK PA, 19087. The official website for the company is www.amerisourcebergen.com. The company can be reached via phone at (610) 727-7000, via email at investorrelations@amerisourcebergen.com, or via fax at 800-640-5221.

This page (NYSE:ABC) was last updated on 1/28/2023 by MarketBeat.com Staff