AmerisourceBergen Corporation (NYSE:ABC) [Trend Analysis] retains strong position in active trade, as shares scoring -0.05% to $78.41 in an active trade session, while looking at the shares volume, around 1.91 Million shares have changed hands in this session. Fundamentalist can give brighter side of a picture but an analyst can glow the darker parts stored in any investment. Let us view how analysts have ranked ABC in recent few months. In ratings table the ABC given BUY ratings by 7 analysts in current phase and 1 analyst suggest it as overweight security. ABC. While 11 number of analysts gave ratings for HOLD in current. As per remarks given by WSJ, overall consensus pool recommend it as Overweight security.
The stock was assessed in terms of profitability as current quarter EPS estimate trends showed $1.23 at current month while compared with $1.31 in a month ago. The stock next year first quarter current estimate trend for EPS was for $1.67 and on annual basis FY 2016 estimate trends at current was for $5.77 as compared to one month ago of $5.83, and for next year per share earnings estimates have $6.42.
The firm has institutional ownership of 66.20%, while insider ownership included 0.20%. ABC attains analyst recommendation of 2.60 with week’s performance of -0.95%. Investors looking further ahead will note that the Price to next year’s EPS is 11.79%.