Featured Stock to Focus: AmerisourceBergen Corporation (NYSE:ABC)


AmerisourceBergen Corporation (NYSE:ABC) currently has a “Sell” signals on Composite indicators by TrendSpotter. While the Short-Term Technical Indicators for the stock on 7-Day Average Directional Indicator shows “Buy” signal. 10 – 8 Day Moving Average Hilo Channel shows “Buy” signal. While 20-Day Moving Average VS Current Price shows “Sell” Signal.

AmerisourceBergen Corporation (NYSE:ABC) lost -1.4 Percent and closed its previous trading session at $96.4. The stock traded with the average Volume of 1.97 Million at the end of last session.

AmerisourceBergen Corporation (NYSE:ABC) has the Market Capitalization of 21.74 Billion. The Stock has its 52-week High of $106.27 and 52-Week Low of $ 71.90 and it touched its 52-week high on 01/29/18 and 52-Week Low on 11/02/17.

The company reported its last earnings Actual EPS of $1.55/share. While, the analyst predicted that the company could provide an EPS of $1.35/share. Hence the difference between Predicted EPS and Actual EPS reported is $0.2/share which shows an Earnings Surprise of 14.8 Percent.

Several analysts are forecasting growth estimate of AmerisourceBergen Corporation for the current quarter to be 3.4%. Their projections for the Next Quarter growth is 9.8 percent. While for the Next 5 years, the company could expect a growth of 8.61% per annum, whereas in the past Five years AmerisourceBergen Corporation (NYSE:ABC) showed a growth of 17.86 Percent per annum.

Sell side analysts plays vital role in buying and selling a stock where 3 analysts rated AmerisourceBergen Corporation (NYSE:ABC) as Buy, 1 analysts given Outperform signal, 1 reported Hold, and 0 analysts rated the stock as Sell.

The stock’s current distance from 20-Day Simple Moving Average (SMA20) is -2.15% where SMA50 and SMA200 are 1.8% and 10.21% respectively.

The company shows its Return on Assets (ROA) value of 2.8%. The Return on Equity (ROE) value stands at 39.1%. While it’s Return on Investment (ROI) value is 8.7%.

AmerisourceBergen Corporation (NYSE:ABC) currently has a Weekly Volatility of 4.90% percent while its Monthly Volatility is at 3.51% percent. While talking about Performance of the Stock, AmerisourceBergen Corporation currently has a Weekly performance of 2.31%, monthly performance percentage is -3.16 percent, Quarterly performance is 27.85 percent, 6 months performance shows a percent value of 20.5% and Yearly Performance is 6.14 percent.

Company Profile:

AmerisourceBergen Corporation provides pharmaceutical services. It distributes brand-name and generic pharmaceuticals, over-the-counter healthcare products, home healthcare supplies and equipment, and related services to various healthcare providers. The Company also provides pharmacy services to certain specialty drug patients. AmerisourceBergen Corporation is based in Chesterbrook, Pennsylvania.