NYSE:ABC - AmerisourceBergen Stock Price, News, & Analysis

$85.56
-0.50 (-0.58 %)
(As of 06/20/2019 04:00 PM ET)
Today's Range
$84.47
Now: $85.56
$86.97
50-Day Range
$73.39
MA: $80.59
$86.23
52-Week Range
$69.36
Now: $85.56
$94.85
Volume1.81 million shs
Average Volume1.46 million shs
Market Capitalization$17.98 billion
P/E Ratio13.18
Dividend Yield1.86%
Beta0.92
AmerisourceBergen Corporation sources and distributes pharmaceutical products in the United States and internationally. Its Pharmaceutical Distribution segment distributes brand-name and generic pharmaceuticals, over-the-counter healthcare products, home healthcare supplies and equipment, outsourced compounded sterile preparations, and related services to various healthcare providers, including acute care hospitals and health systems, independent and chain retail pharmacies, mail order pharmacies, medical clinics, long-term care and other alternate site pharmacies, and other customers. Read More…

Industry, Sector and Symbol

Industry Drugs, proprietaries, & sundries
Sub-IndustryHealth Care Distributors
SectorMedical
CUSIP03073E10
Phone610-727-7000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$167.94 billion
Cash Flow$9.3919 per share
Book Value$14.30 per share

Profitability

Net Income$1.66 billion

Miscellaneous

Employees21,000
Market Cap$17.98 billion
Next Earnings Date8/1/2019 (Estimated)
OptionableOptionable

Receive ABC News and Ratings via Email

Sign-up to receive the latest news and ratings for ABC and its competitors with MarketBeat's FREE daily newsletter.

AmerisourceBergen (NYSE:ABC) Frequently Asked Questions

What is AmerisourceBergen's stock symbol?

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

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

AmerisourceBergen announced a quarterly dividend on Wednesday, May 8th. Shareholders of record on Monday, May 20th will be paid a dividend of $0.40 per share on Monday, June 3rd. This represents a $1.60 dividend on an annualized basis and a yield of 1.87%. The ex-dividend date is Friday, May 17th. View AmerisourceBergen's Dividend History.

How were AmerisourceBergen's earnings last quarter?

AmerisourceBergen Corp. (NYSE:ABC) issued its quarterly earnings data on Thursday, May, 2nd. The company reported $2.11 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.96 by $0.15. The firm earned $43.32 billion during the quarter, compared to analysts' expectations of $43.44 billion. AmerisourceBergen had a net margin of 0.53% and a return on equity of 46.24%. The firm's revenue was up 5.6% compared to the same quarter last year. During the same quarter last year, the business earned $1.94 EPS. View AmerisourceBergen's Earnings History.

When is AmerisourceBergen's next earnings date?

AmerisourceBergen is scheduled to release their next quarterly earnings announcement on Thursday, August 1st 2019. View Earnings Estimates for AmerisourceBergen.

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

AmerisourceBergen updated its FY19 earnings guidance on Thursday, May, 2nd. The company provided earnings per share guidance of $6.70 to $6.90 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $6.77. AmerisourceBergen also updated its FY 2019 guidance to $6.70-6.90 EPS.

What price target have analysts set for ABC?

10 analysts have issued 1 year target prices for AmerisourceBergen's shares. Their forecasts range from $76.00 to $100.00. On average, they anticipate AmerisourceBergen's stock price to reach $88.25 in the next year. This suggests a possible upside of 3.1% from the stock's current price. View Analyst Price Targets for AmerisourceBergen.

What is the consensus analysts' recommendation for AmerisourceBergen?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AmerisourceBergen in the last year. There are currently 1 sell rating, 6 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for AmerisourceBergen.

Has AmerisourceBergen been receiving favorable news coverage?

Media coverage about ABC stock has been trending somewhat negative recently, according to InfoTrie Sentiment. The research group ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. AmerisourceBergen earned a news impact score of -1.0 on InfoTrie's scale. They also gave media stories about the company a news buzz of 9.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the near term. View News Stories for AmerisourceBergen.

Are investors shorting AmerisourceBergen?

AmerisourceBergen saw a increase in short interest in the month of May. As of May 31st, there was short interest totalling 8,233,000 shares, an increase of 16.3% from the April 30th total of 7,081,800 shares. Based on an average daily trading volume, of 1,440,000 shares, the short-interest ratio is presently 5.7 days. Currently, 5.4% of the company's shares are sold short. View AmerisourceBergen's Current Options Chain.

Who are some of AmerisourceBergen's key competitors?

What other stocks do shareholders of AmerisourceBergen own?

Based on aggregate information from My MarketBeat watchlists, some companies that other AmerisourceBergen investors own include Walt Disney (DIS), General Electric (GE), Gilead Sciences (GILD), CVS Health (CVS), Alibaba Group (BABA), Visa (V), Home Depot (HD), Celgene (CELG), Alphabet (GOOG) and Intel (INTC).

Who are AmerisourceBergen's key executives?

AmerisourceBergen's management team includes the folowing people:
  • Mr. Steven H. Collis, Chairman, Pres & CEO (Age 58)
  • Mr. James F. Cleary Jr., CFO & Exec. VP (Age 56)
  • Mr. John G. Chou, Exec. VP and Chief Legal & Bus. Officer (Age 63)
  • Dr. Robert P. Mauch PharmD, Ph.D., Exec. VP & Group Pres (Age 52)
  • Mr. Dale B. Danilewitz, Exec. VP & Chief Information Officer (Age 57)

Who are AmerisourceBergen's major shareholders?

AmerisourceBergen's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (5.77%), FMR LLC (2.97%), JPMorgan Chase & Co. (2.30%), Victory Capital Management Inc. (1.20%), Northern Trust Corp (1.16%) and Boston Partners (1.11%). Company insiders that own AmerisourceBergen stock include Dale Danilewitz, Gina Clark, 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.

Which institutional investors are selling AmerisourceBergen stock?

ABC stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., FMR LLC, JPMorgan Chase & Co., State Treasurer State of Michigan, FIL Ltd, State of Tennessee Treasury Department, Poplar Forest Capital LLC and Neuberger Berman Group LLC. Company insiders that have sold AmerisourceBergen company stock in the last year include Dale Danilewitz, Gina Clark, James F Cleary Jr, John G Chou, Kathy H Gaddes, Lazarus Krikorian, Richard W Gochnauer, Robert P Mauch, Steven H Collis and Tim G Guttman. View Insider Buying and Selling for AmerisourceBergen.

Which institutional investors are buying AmerisourceBergen stock?

ABC stock was bought by a variety of institutional investors in the last quarter, including Boston Partners, Marshall Wace North America L.P., Ceredex Value Advisors LLC, Northern Trust Corp, Janus Henderson Group PLC, Thompson Siegel & Walmsley LLC, Coho Partners Ltd. and Federated Investors Inc. PA. View Insider Buying and Selling for AmerisourceBergen.

How do I buy shares of 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.

What is AmerisourceBergen's stock price today?

One share of ABC stock can currently be purchased for approximately $85.56.

How big of a company is AmerisourceBergen?

AmerisourceBergen has a market capitalization of $17.98 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.

What is AmerisourceBergen's official website?

The official website for AmerisourceBergen is http://www.amerisourcebergen.com/.

How can I contact AmerisourceBergen?

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]


MarketBeat Community Rating for AmerisourceBergen (NYSE ABC)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  600 (Vote Outperform)
Underperform Votes:  592 (Vote Underperform)
Total Votes:  1,192
MarketBeat's community ratings are surveys of what our community members think about AmerisourceBergen and other stocks. Vote "Outperform" if you believe ABC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ABC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/20/2019 by MarketBeat.com Staff

Featured Article: Earnings Reports

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel