AmerisourceBergen Corporation (NYSE:ABC) went down by -3.98% from its latest closing price when compared to the 1-year high value of $94.85 and move down -10.99%, while ABC stocks collected -4.30% of loss with the last five trading sessions.
AmerisourceBergen Corporation (NYSE:ABC) Worth an Investment?
AmerisourceBergen Corporation (NYSE: ABC) scored price to earnings ratio above its average ratio, recording 21.35 times of increase in earnings at the present.
ABC Market Performance
ABC stocks went down by -4.30% for the week, with the monthly jump of 0.14% and a quarterly performance of 13.42%, while its annual performance rate touched -1.66%. The simple moving average for the period of the last 20 days is -1.50% for ABC stocks with the simple moving average of 3.78% for the last 200 days.
Analysts’ Opinion on AmerisourceBergen Corporation (NYSE:ABC)
Many brokerage firms have already submitted their reports for ABC stocks, with Guggenheim repeating the rating for ABC shares by setting it to “Buy”. The predicted price for ABC socks in the upcoming period according to Guggenheim is $4 based on the research report published on April 11, 2019.
Evercore ISI, on the other hand, stated in their research note that they expect to see ABC stock at the price of $4. The rating they have provided for ABC stocks is “In-line” according to the report published on April 10, 2019.
BofA/Merrill gave “ Underperform” rating to ABC stocks, setting the target price at $4 in the report published on April 10, 2019.
ABC Stocks 2.93% Far from 50 Day Moving Average
After a stumble in the market that brought ABC to its low price for the period of the last 52 weeks, AmerisourceBergen Corporation was unable to take a rebound, for now settling with -9.90% of loss for the given period.
The stock volatility was left at 2.36%, however, within the period of a single month, the volatility rate increased by 3.03%, while the shares surge at the distance of +0.01% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +9.13% upper at the present time.
In the course of the last 5 trading sessions, ABC went down by -4.30%, which changed the moving average for the period of 200 days to the total of -6.24% of losses for the stock in comparison to the 20-day moving average settled at $86.76. In addition, AmerisourceBergen Corporation saw 14.87% in overturn over the period of a single year with a tendency to cut further gains.
ABC Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at AmerisourceBergen Corporation (ABC), starting from McGee Henry Wadsworth III, who sold 10,585 shares at the price of $91.97 back on Jul 11. After this action, Rushing now owns 13,925 shares of AmerisourceBergen Corporation, valued at $973,502 with the latest closing price.
COLLIS STEVEN H, the Chairman, President & CEO of AmerisourceBergen Corporation, sold 107,826 shares at the value of $86.18 during a trade that took place back on Jun 19, which means that COLLIS STEVEN H is holding 134,579 shares at the value of $9,292,445 based on the most recent closing price.
ABC Stock Fundamentals
The current profitability levels are settled at +0.98 for the present operating margin and +2.45 for gross margin. The net margin for AmerisourceBergen Corporation stands at +0.99. Total capital return value is set at 24.33, while invested capital returns managed to touch 24.96. Equity return holds the value 31.00%, with 2.40% for asset returns.
Based on AmerisourceBergen Corporation (ABC), the company’s capital structure generated 158.98 points for debt to equity in total, while total debt to capital is set at the value of 61.39. Total debt to assets is settled at the value of 12.26 with long-term debt to equity ratio rests at 153.80 and long-term debt to capital is 59.39.
EBITDA value lies at +755.29 M with total debt to EBITDA carrying the value of 2.17. The value for Enterprise to Sales is 0.12 with debt to enterprise value settled at 0.21. The receivables turnover for AmerisourceBergen Corporation is 15.54 with the total asset turnover at the value of 4.58. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.93.