Amerisource Bergen Corp. (ABC) Stock Forecast & Predictions

Amerisource Bergen Corp. ABC: $136.2

1300 Morris Dr, Chesterbrook, Pennsylvania, US. | Sector: Wholesale Trade | Exchange: NEW YORK STOCK EXCHANGE INC. | Web: www.amerisourcebergen.com

  • Market Cap$28.35B
  • Change (52 Weeks)29.48%
  • Low (52 Weeks)$99.61
  • Amerisource Bergen Corp. (ABC) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Amerisource Bergen Corp. (ABC) is based on 20 Institutional Analyst Ratings where 50.00% are on Strong Buy, 15.00% on Moderate Buy, 35.00% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 20 Institutional Analysts, majority recommended ABC stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Amerisource Bergen Corp..

    Amerisource Bergen Corp. (ABC) Stock Price Prediction By Analysts


    HighLowAverage
    $189.00$126.25$151.20
    $151.2011.01% Upside
    Updated: 2022-01-13 00:00:00

    The Average Price target for ABC set by the institutional analysts is $151.20 where High Estimate is $189.00, Median $147.9 and Low $126.25.

    The average price target for ABC by Institutional Analysts is $151.20, which is 11.01% Upside from the current price. So according to the Institutional Analysts, ABC Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Amerisource Bergen Corp. (ABC) Stock Forecast Based on Investor Sentiment


    Very Positive

    Based on 548,319 investor portfolio.

    Our algorithm has analysed 548,319 investor portfolio with ABC stock holdings and found that 99.50% of them are bullish. Which means the Investor Sentiment is mostly Very Positive.

    This shows most investors are very optimistic about ABC and holding their positions hoping for a further rise in the stock price and more profit.

    Amerisource Bergen Corp. (ABC) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    BarclaysEqual-WeightMaintained
    Morgan StanleyOverweightMaintained
    Deutsche BankHoldMaintained
    Credit SuisseOutperformMaintained
    BarclaysEqual-WeightMaintained
    Morgan StanleyOverweightMaintained
    Credit SuisseOutperformMaintained
    BarclaysEqual-WeightMaintained
    MizuhoNeutralMaintained
    Morgan StanleyOverweightMaintained
    Cowen & Co.OutperformMaintained
    Credit SuisseOutperformMaintained
    Morgan StanleyOverweightMaintained
    Credit SuisseOutperformMaintained
    UBSBuyMaintained
    Credit SuisseOutperformMaintained
    Morgan StanleyOverweightMaintained
    B of A SecuritiesUnderperformMaintained
    Morgan StanleyOverweightUpgraded
    UBSBuyMaintained
    Deutsche BankHoldMaintained
    Morgan StanleyEqual-WeightMaintained
    JP MorganOverweightUpgraded
    Morgan StanleyEqual-WeightMaintained
    BairdOutperformUpgraded
    Deutsche BankHoldMaintained
    BairdNeutralMaintained
    JP MorganNeutralMaintained
    Deutsche BankHoldInitiated
    Morgan StanleyEqual-WeightMaintained
    Argus ResearchBuyMaintained
    Evercore ISI GroupIn-LineDowngraded
    Bank of AmericaUnderperformDowngraded
    UBSBuyInitiated
    Morgan StanleyEqual-WeightMaintained
    RBC CapitalSector PerformMaintained
    BairdNeutralDowngraded
    Morgan StanleyEqual-WeightMaintained
    Morgan StanleyEqual-WeightMaintained
    BarclaysEqual-WeightMaintained
    BarclaysEqual-WeightInitiated
    Credit SuisseOutperformMaintained
    Evercore ISI GroupOutperformInitiated
    Goldman SachsBuyUpgraded
    Deutsche BankBuyInitiated
    Cowen & Co.OutperformUpgraded
    BairdOutperformUpgraded
    RBC CapitalSector PerformInitiated
    Morgan StanleyEqual-WeightDowngraded
    Bank of AmericaNeutralDowngraded
    JefferiesHoldInitiated
    NeedhamBuyInitiated
    Leerink SwannOutperformUpgraded
    Bank of AmericaBuyUpgraded
    MizuhoNeutralDowngraded
    Morgan StanleyOverweightUpgraded
    MizuhoBuyUpgraded
    Leerink SwannMarket PerformDowngraded
    UBSNeutralInitiated
    Avondale PartnersMarket OutperformUpgraded
    Deutsche BankHoldMaintained
    CitigroupBuyMaintained
    BarclaysEqual-WeightMaintained
    Avondale PartnersMarket PerformDowngraded
    Avondale PartnersMarket OutperformInitiated
    Credit SuisseOutperformInitiated
    UBSBuyMaintained
    Deutsche BankHoldMaintained
    BarclaysEqual-WeightMaintained
    Raymond JamesMarket PerformDowngraded
    Morgan StanleyUnderweightDowngraded
    KeyBancOverweightMaintained
    Cowen & Co.Market PerformDowngraded
    ArgusBuyMaintained
    BarclaysEqual-WeightMaintained
    UBSBuyUpgraded
    Credit SuisseOutperformMaintained
    JP MorganNeutralMaintained
    FBR CapitalMarket PerformDowngraded
    Credit SuisseOutperformMaintained
    BarclaysOverweightMaintained
    ISI GroupHoldDowngraded
    FBR CapitalOutperformMaintained
    Deutsche BankHoldMaintained
    CitigroupBuyMaintained
    BarclaysOverweightMaintained
    UBSNeutralMaintained
    Raymond JamesOutperformMaintained
    Deutsche BankHoldMaintained
    CitigroupBuyMaintained
    BarclaysOverweightMaintained
    JP MorganNeutralMaintained
    Deutsche BankHoldMaintained
    ISI GroupBuyUpgraded
    FBR CapitalOutperformInitiated
    Goldman SachsNeutralDowngraded
    BarclaysOverweightInitiated
    CitigroupBuyInitiated
    Deutsche BankHoldInitiated
    FBR CapitalMarket PerformInitiated
    Sterne AgeeBuyInitiated
    Raymond JamesOutperformDowngraded
    Credit SuisseOutperformMaintained
    Leerink SwannOutperformUpgraded
    Credit SuisseOutperformMaintained
    BairdNeutralDowngraded
    Goldman SachsBuyUpgraded
    ISI GroupNeutralDowngraded
    Goldman SachsNeutralMaintained
    Credit SuisseOutperformMaintained
    CitigroupBuyUpgraded
    Bank of AmericaBuyMaintained
    UBSNeutralDowngraded
    ISI GroupBuyDowngraded
    Credit SuisseOutperformMaintained
    UBSBuyMaintained
    Goldman SachsBuyMaintained
    ISI GroupOverweightInitiated
    BarclaysOverweightMaintained
    Morgan StanleyEqual-WeightDowngraded

    Amerisource Bergen Corp. (ABC) Stock Earning Per Share (EPS) Forecast / Estimate


    $2.907
    The average consensus EPS for ABC is $2.907 with a high estimate of $3.181 and Low of $2.509 for the period 2022-03-31 and based on 12 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $2.39$2.38282021-12-31


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $$2.57682022-03-31
    $2.39$2.38282021-12-31
    $2.16$2.07062021-09-30
    $2.53$2.50342021-06-30
    $2.18$1.95892021-03-31
    $1.89$1.87182020-12-31
    $1.85$1.58682020-09-30
    $2.4$2.28842020-06-30
    $1.76$1.68892020-03-31
    $1.61$1.59692019-12-31
    $1.76$1.63282019-09-30
    $2.11$1.97422019-06-30
    $1.6$1.51612019-03-31
    $1.45$1.45792018-12-31
    $1.54$1.46992018-09-30
    $1.96$1.83422018-06-30
    $1.55$1.36692018-03-31
    $1.33$1.3342017-12-31
    $1.43$1.38742017-09-30
    $1.77$1.69532017-06-30
    $1.36$1.23992017-03-31
    $1.3$1.23692016-12-31
    $1.37$1.2812016-09-30
    $1.68$1.60082016-06-30
    $1.27$1.2592016-03-31
    $1.17$1.19232015-12-31
    $1.2$1.15782015-09-30
    $1.45$1.1982015-06-30
    $1.14$0.97982015-03-31
    $1.1$1.06252014-12-31
    $1.01$0.92652014-09-30
    $1.06$1.0142014-06-30
    $0.8$0.79082014-03-31
    $0.79$0.7522013-12-31
    $0.73$0.75112013-09-30
    $0.88$0.88812013-06-30
    $0.71$0.67172013-03-31
    $0.66$0.68452012-12-31
    $0.71$0.69912012-09-30
    $0.81$0.81952012-06-30

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).