AmerisourceBergen Corp. Declares Dividend of $0.24 (ABC)
AmerisourceBergen Corp. (NYSE:ABC) announced a dividend on Friday, February 7th, Analyst Ratings News reports. Shareholders of record on Tuesday, February 18th will be paid a dividend of 0.235 per share on Monday, March 3rd. The ex-dividend date is Thursday, February 13th.
A number of research firms have recently commented on ABC. Analysts at Zacks reiterated a “neutral” rating on shares of AmerisourceBergen Corp. in a research note to investors on Friday, January 24th. They now have a $73.00 price target on the stock. On a related note, analysts at Argus raised their price target on shares of AmerisourceBergen Corp. from $73.00 to $83.00 in a research note to investors on Friday, January 24th. They now have a “buy” rating on the stock. Finally, analysts at Raymond James raised their price target on shares of AmerisourceBergen Corp. from $73.00 to $79.00 in a research note to investors on Friday, January 24th. Ten analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the stock. AmerisourceBergen Corp. presently has a consensus rating of “Buy” and a consensus target price of $69.94.
Shares of AmerisourceBergen Corp. (NYSE:ABC) opened at 65.51 on Friday. AmerisourceBergen Corp. has a 52-week low of $46.08 and a 52-week high of $71.92. The stock’s 50-day moving average is $69.15 and its 200-day moving average is $64.48. The company has a market cap of $15.085 billion and a price-to-earnings ratio of 50.08.
AmerisourceBergen Corp. (NYSE:ABC) last announced its earnings results on Thursday, January 23rd. The company reported $0.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.78 by $0.02. The company had revenue of $29.20 billion for the quarter, compared to the consensus estimate of $27.43 billion. During the same quarter in the previous year, the company posted $0.69 earnings per share. The company’s revenue for the quarter was up 38.7% on a year-over-year basis. On average, analysts predict that AmerisourceBergen Corp. will post $3.69 earnings per share for the current fiscal year.
AmerisourceBergen Corporation (NYSE:ABC) a pharmaceutical services companies serving the United States, Canada, and selected global markets.
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