AmerisourceBergen Stock Price, News & Analysis (NYSE:ABC)

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

AmerisourceBergen declared a quarterly dividend on Thursday, August 8th. Investors of record on Monday, August 19th will be paid a dividend of $0.40 per share on Tuesday, September 3rd. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.79%. The ex-dividend date is Friday, August 16th. View AmerisourceBergen's Dividend History.

AmerisourceBergen Corp. (NYSE:ABC) posted its quarterly earnings results on Thursday, August, 1st. The company reported $1.76 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.62 by $0.14. The firm earned $45.24 billion during the quarter, compared to analysts' expectations of $45.15 billion. AmerisourceBergen had a net margin of 0.54% and a return on equity of 47.88%. AmerisourceBergen's revenue for the quarter was up 4.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.54 earnings per share. View AmerisourceBergen's Earnings History.

AmerisourceBergen is scheduled to release their next quarterly earnings announcement on Thursday, November 7th 2019. View Earnings Estimates for AmerisourceBergen.

AmerisourceBergen will be holding an earnings conference call on Thursday, November 7th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

AmerisourceBergen updated its FY19 earnings guidance on Thursday, August, 1st. The company provided earnings per share guidance of $7.00-7.10 for the period, compared to the Thomson Reuters consensus estimate of $6.85.

9 brokerages have issued 12-month target prices for AmerisourceBergen's shares. Their forecasts range from $76.00 to $100.00. On average, they anticipate AmerisourceBergen's share price to reach $87.14 in the next year. This suggests that the stock has a possible downside of 2.6%. 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, 5 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for AmerisourceBergen.

Media coverage about ABC stock has been trending negative recently, according to InfoTrie Sentiment. InfoTrie identifies negative and positive media coverage by analyzing 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 daily sentiment score of -2.2 on InfoTrie's scale. They also assigned press coverage 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 company's share price in the near term. View News Stories for AmerisourceBergen.

AmerisourceBergen saw a increase in short interest in September. As of September 30th, there was short interest totalling 8,570,000 shares, an increase of 5.7% from the August 30th total of 8,110,000 shares. Based on an average daily trading volume, of 1,280,000 shares, the days-to-cover ratio is currently 6.7 days. Currently, 5.7% of the shares of the company are short sold. View AmerisourceBergen's Current Options Chain.

Some companies that are related to AmerisourceBergen include McKesson (MCK), Cardinal Health (CAH), Herbalife Nutrition (HLF), Nu Skin Enterprises (NUS), PetIQ (PETQ), Trxade Group (TRXD), biOasis Technologies (BIOAF) and Aceto (ACET).

Based on aggregate information from My MarketBeat watchlists, some companies that other AmerisourceBergen investors own include CVS Health (CVS), Gilead Sciences (GILD), Walt Disney (DIS), Johnson & Johnson (JNJ), Visa (V), Cardinal Health (CAH), Cisco Systems (CSCO), AbbVie (ABBV), Intel (INTC) and Alibaba Group (BABA).

AmerisourceBergen's stock is owned by a number of of institutional and retail investors. Top institutional investors include Robeco Institutional Asset Management B.V. (0.06%), Assenagon Asset Management S.A. (0.06%), Nisa Investment Advisors LLC (0.05%), Rhenman & Partners Asset Management AB (0.05%), Artemis Investment Management LLP (0.04%) and Pacer Advisors Inc. (0.03%). Company insiders that own AmerisourceBergen stock include Dale Danilewitz, Gina Clark, Henry Wadsworth Mcgee III, 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.

ABC stock was sold by a variety of institutional investors in the last quarter, including Rhenman & Partners Asset Management AB, Artemis Investment Management LLP, CIBC Private Wealth Group LLC, Pacer Advisors Inc., Northwest Bancshares Inc., Pflug Koory LLC, Cypress Capital Group and Rothschild Investment Corp IL. 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, Kathy H Gaddes, Lazarus Krikorian, Richard W Gochnauer, Robert P Mauch and Steven H Collis. View Insider Buying and Selling for AmerisourceBergen.

ABC stock was acquired by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Robeco Institutional Asset Management B.V., PGGM Investments, Bowling Portfolio Management LLC, Winmill & CO. Inc., Campbell & CO Investment Adviser LLC, Exane Derivatives and Meeder Asset Management Inc.. 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 $89.49.

AmerisourceBergen has a market capitalization of $18.81 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.

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]