NYSE:ABC - AmerisourceBergen Stock Price, Forecast & News

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

AmerisourceBergen announced a quarterly dividend on Thursday, January 30th. Investors 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 1.73%. The ex-dividend date is Thursday, February 13th. This is a positive change from AmerisourceBergen's previous quarterly dividend of $0.40. View AmerisourceBergen's Dividend History.

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

AmerisourceBergen is scheduled to release their next quarterly earnings announcement on Thursday, May 7th 2020. View Earnings Estimates for AmerisourceBergen.

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

9 brokerages have issued twelve-month target prices for AmerisourceBergen's stock. Their forecasts range from $76.00 to $112.00. On average, they anticipate AmerisourceBergen's stock price to reach $96.00 in the next year. This suggests that the stock has a possible downside of 1.0%. 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, 4 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for AmerisourceBergen.

News articles about ABC stock have trended very negative this week, according to InfoTrie Sentiment. The research firm ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. AmerisourceBergen earned a coverage optimism score of -3.4 on InfoTrie's scale. They also gave news articles about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for AmerisourceBergen.

AmerisourceBergen saw a decline in short interest during the month of January. As of January 31st, there was short interest totalling 6,840,000 shares, a decline of 7.4% from the January 15th total of 7,390,000 shares. Based on an average trading volume of 1,100,000 shares, the days-to-cover ratio is presently 6.2 days. Approximately 4.6% 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), 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), CVS Health (CVS), Gilead Sciences (GILD), Intel (INTC), AbbVie (ABBV), Cisco Systems (CSCO), Netflix (NFLX), Visa (V), NVIDIA (NVDA) and Alibaba Group (BABA).

AmerisourceBergen's stock is owned by many different of institutional and retail investors. Top institutional shareholders include State Street Corp (3.48%), FMR LLC (2.60%), Victory Capital Management Inc. (1.43%), Victory Capital Management Inc. (1.42%), Boston Partners (1.19%) and Geode Capital Management LLC (1.17%). Company insiders that own AmerisourceBergen stock include Dale Danilewitz, Gina Clark, Henry Wadsworth Mcgee III, James F Cleary Jr, John G Chou, Kathleen W Hyle, 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 Franklin Resources Inc., Janus Henderson Group PLC, FIL Ltd, Fort Washington Investment Advisors Inc. OH, Sei Investments Co., Poplar Forest Capital LLC, AJO LP and TD Asset Management Inc.. 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, Kathleen W Hyle, Kathy H Gaddes, Richard W Gochnauer, Robert P Mauch and Steven H Collis. View Insider Buying and Selling for AmerisourceBergen.

ABC stock was bought by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, Amundi Pioneer Asset Management Inc., Jacobs Levy Equity Management Inc., Goldman Sachs Group Inc., USS Investment Management Ltd, FMR LLC, Bank of New York Mellon Corp and PGGM Investments. 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 $97.00.

AmerisourceBergen has a market capitalization of $19.97 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]