For its fourth fiscal quarter (ending September 30), AMERISOURCEBERGEN CORP (NYSE: COR) has reported a -99% decline in E.P.S. from $1.74 a year ago to $0.02 in the current quarter. E.P.S. were $7.60 for the latest four quarters through September 30 versus $8.62 for the same period a year ago — a decline of -12%.
Recent Price Action
On 11/6/24, AMERISOURCEBERGEN CORP (NYSE: COR) stock enjoyed a large increase of 4.9%, closing at $245.38. Moreover, trading volume in this advance was above average at 142% of normal. The stock has performed in line with the market over the last nine months and has risen 5.9% during the last week.
Current PriceTarget Research Rating
ABC is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
AMERISOURCEBERGEN CORP has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. AMERISOURCEBERGEN CORP has a very high Appreciation Score of 88 but a slightly negative Power Rating of 38, and the Positive Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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