AmerisourceBergen Corporation (ABC)

NYSE: ABC · IEX Real-Time Price · USD
148.22
+2.64 (1.81%)
Aug 11, 2022 4:00 PM EDT - Market closed
1.81%
Market Cap 30.72B
Revenue (ttm) 236.33B
Net Income (ttm) 1.84B
Shares Out 207.26M
EPS (ttm) 8.71
PE Ratio 17.02
Forward PE 12.50
Dividend $1.84 (1.24%)
Ex-Dividend Date Aug 12, 2022
Volume 1,053,546
Open 144.80
Previous Close 145.58
Day's Range 144.07 - 148.31
52-Week Range 113.68 - 167.19
Beta 0.48
Analysts Buy
Price Target 174.08 (+17.4%)
Earnings Date Aug 3, 2022

About ABC

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, 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 alternate site pharmacies, and other customers. It also... [Read more...]

Industry Health Care Providers & Services
IPO Date Apr 4, 1995
CEO Steven Collis
Employees 42,000
Stock Exchange NYSE
Ticker Symbol ABC
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 20 analysts, the average rating for ABC stock is "Buy." The 12-month stock price forecast is 174.08, which is an increase of 17.45% from the latest price.

Price Target
$174.08
(17.45% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Has AmerisourceBergen (ABC) Outpaced Other Medical Stocks This Year?

Here is how AmerisourceBergen (ABC) and Aerie Pharmaceuticals (AERI) have performed compared to their sector so far this year.

Are Investors Undervaluing AmerisourceBergen (ABC) Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

10 defensive stocks that can also provide you with growth and dividends over the long term

The S&P 500 Index has rallied 10% since June 22 from a deep decline, but there are different schools of thought about whether investors are out of the woods yet.

AmerisourceBergen (ABC) Q3 Earnings & Revenues Top Estimates

AmerisourceBergen's (ABC) fiscal third-quarter results benefit from segmental growth.

AmerisourceBergen (ABC) Q3 Earnings and Revenues Surpass Estimates

AmerisourceBergen (ABC) delivered earnings and revenue surprises of 1.95% and 1.47%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

AmerisourceBergen beats profit and revenue expectations, raises full-year outlook

AmerisourceBergen Corp. ABC, -2.14% reported Wednesday fiscal third-quarter profit and revenue that beat expectations and raised its full-year outlook, amid strength in its International Healthcare Solu...

AmerisourceBergen Reports Fiscal 2022 Third Quarter Results

CONSHOHOCKEN, Pa.--(BUSINESS WIRE)--AmerisourceBergen Corporation (NYSE: ABC) today reported that in its fiscal year 2022 third quarter ended June 30, 2022, revenue increased 12.5 percent year-over-year...

Why Earnings Season Could Be Great for AmerisourceBergen (ABC)

AmerisourceBergen (ABC) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Is a Beat Likely for AmerisourceBergen (ABC) in Q3 Earnings?

AmerisourceBergen's (ABC) fiscal third-quarter results are likely to reflect solid performance at the U.S. Healthcare Solutions segment.

AmerisourceBergen (ABC) Reports Next Week: Wall Street Expects Earnings Growth

AmerisourceBergen (ABC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

AmerisourceBergen to Launch Digital Therapeutics Platform to Facilitate Access to Innovative Products

CONSHOHOCKEN, Pa.--(BUSINESS WIRE)--As the pipeline of digital therapeutics (DTx) continues to expand, AmerisourceBergen today announced plans to launch DTx Connect, a fully integrated ordering, dispens...

Reasons to Retain AmerisourceBergen (ABC) in Your Portfolio

AmerisourceBergen (ABC) continues to gain traction from the robust U.S. Healthcare Solutions segment. However, stiff competition is a woe.

AmerisourceBergen Announces Date and Time for Third Quarter Fiscal 2022 Earnings Release

CONSHOHOCKEN, Pa.--(BUSINESS WIRE)--AmerisourceBergen Corporation (NYSE: ABC) today announced that it plans to release its results for the Third Quarter of Fiscal 2022 on Wednesday, August 3, 2022, prio...

Seefried Properties Break Ground on New Distribution Facility in Mount Prospect, IL

Project to Deliver 80,053K SF Along I-90 Corridor MOUNT PROSPECT, Ill. , June 21, 2022 /PRNewswire/ -- Seefried Properties, a national real estate firm specializing in the development, leasing and manag...

The AmerisourceBergen Foundation Commits $150,000 to Equitable Vaccination Efforts Across the Globe

CONSHOHOCKEN, Pa.--(BUSINESS WIRE)--The AmerisourceBergen Foundation, an independent not-for-profit charitable giving organization focused on supporting health-related causes that enrich the global comm...

Here's Why You Should Retain AmerisourceBergen (ABC) Stock

AmerisourceBergen (ABC) continues to gain traction from the robust U.S. Healthcare Solutions segment. However, stiff competition is a woe.

Why Is AmerisourceBergen (ABC) Down 4.5% Since Last Earnings Report?

AmerisourceBergen (ABC) reported earnings 30 days ago. What's next for the stock?

AmerisourceBergen Presents Long-term Vision and Guidance at Investor Day

CONSHOHOCKEN, Pa.--(BUSINESS WIRE)--AmerisourceBergen Corporation (NYSE: ABC) today hosted an investor day event in New York City. Steven H. Collis, Chairman, President & Chief Executive Officer; James ...

AmerisourceBergen sets $1 billion stock buyback program

AmerisourceBergen Corp. ABC, -1.32% said Wednesday that it set a new $1 billion stock repurchase program. That represents 3.1% of the pharmaceutical and health care products company's market capitalizat...

AmerisourceBergen Investor Day to Highlight Strategic Imperatives and Provide Long-Term Financial Outlook

CONSHOHOCKEN, Pa.--(BUSINESS WIRE)--AmerisourceBergen Corporation (NYSE: ABC) today reiterated its previously provided guidance for fiscal year 2022 and announced that its Board of Directors has authori...

AmerisourceBergen Launches Clinical Trial Navigator to Bolster Equitable and Accessible Community-Based Research Oppo...

CONSHOHOCKEN, Pa.--(BUSINESS WIRE)--AmerisourceBergen (AB), a global healthcare company and leader in specialty pharmaceutical services and distribution for more than 20 years, today launched Clinical T...

AmerisourceBergen's stock tanks after largest investor sells $900 million worth of shares

Shares of AmerisourceBergen Corp. suffered the biggest selloff in more than two years on Thursday, after the drug products and distribution company's largest investor sold off a chunk of its stake.

AmerisourceBergen Provides Update on Capital Deployment

CONSHOHOCKEN, Pa.--(BUSINESS WIRE)--AmerisourceBergen Corporation (NYSE: ABC) today announced that it is resuming share repurchases with excess free cash flow in accordance with the company's discipline...

What's Going On With AmerisourceBergen Shares Today

Walgreens Boots Alliance Inc (NASDAQ: WBA) has sold 6.0 million shares of AmerisourceBergen Corp (NYSE: ABC) at $150 per share. After the sale, Walgreens Boots Alliance's ownership of AmerisourceBergen'...

Walgreens Boots Alliance Sells Six Million Shares of AmerisourceBergen Corporation

DEERFIELD, Ill.--(BUSINESS WIRE)--WBA announced that it has sold 6.0 million shares of AmerisourceBergen Corporation common stock pursuant to Rule 144 at a price of $150 per share.

Other symbols: WBA