$1.51 EPS Expected for AmerisourceBergen Corporation (ABC)

AmerisourceBergen Corporation (NYSE:ABC) Logo

Analysts expect AmerisourceBergen Corporation (NYSE:ABC) to report $1.51 EPS on January, 31 before the open.They anticipate $0.04 EPS change or 2.58 % from last quarter’s $1.55 EPS. ABC’s profit would be $320.04M giving it 12.80 P/E if the $1.51 EPS is correct. After having $1.45 EPS previously, AmerisourceBergen Corporation’s analysts see 4.14 % EPS growth. The stock increased 1.01% or $0.78 during the last trading session, reaching $77.33. About 425,022 shares traded. AmerisourceBergen Corporation (NYSE:ABC) has declined 2.77% since January 14, 2018 and is downtrending. It has underperformed by 2.77% the S&P500.

AmerisourceBergen Corporation (NYSE:ABC) Ratings Coverage

Among 3 analysts covering AmerisourceBergen (NYSE:ABC), 0 have Buy rating, 0 Sell and 3 Hold. Therefore 0 are positive. AmerisourceBergen had 3 analyst reports since July 20, 2018 according to SRatingsIntel. RBC Capital Markets maintained AmerisourceBergen Corporation (NYSE:ABC) rating on Friday, November 30. RBC Capital Markets has “Sector Perform” rating and $87 target. The stock of AmerisourceBergen Corporation (NYSE:ABC) earned “Equal-Weight” rating by Morgan Stanley on Monday, December 3. The company was downgraded on Friday, July 20 by Robert W. Baird.

AmerisourceBergen Corporation sources and distributes pharmaceutical products in the United States and internationally. The company has market cap of $16.39 billion. The Company’s 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. It has a 10.27 P/E ratio. It also provides pharmacy management, staffing, and other consulting services; supply management software to retail and institutional healthcare providers; and packaging solutions to various institutional and retail healthcare providers.

More recent AmerisourceBergen Corporation (NYSE:ABC) news were published by: Benzinga.com which released: “Baird: What Rite Aid (NYSE:RAD)’s Renewed Deal With Distributor McKesson (NYSE:MCK) Means For Both Companies – Benzinga” on December 20, 2018. Also Seekingalpha.com published the news titled: “McKesson: A Solid Company With Reasonable Valuation – Seeking Alpha” on December 18, 2018. Bizjournals.com‘s news article titled: “Albany, Troy, Schenectady and Plattsburgh sue pharmaceutical companies over opioids – Albany Business Review – Albany Business Review” with publication date: January 08, 2019 was also an interesting one.

AmerisourceBergen Corporation (NYSE:ABC) Ratings Chart

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