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Cencora Inc. (NYSE: COR) closed the day trading at $222.51 down -0.46% from the previous closing price of $223.53. In other words, the price has decreased by -$0.46 from its previous closing price. On the day, 1.46 million shares were traded. COR stock price reached its highest trading level at $223.79 during the session, while it also had its lowest trading level at $219.56.
Ratios:
For a better understanding of COR, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 19.99 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 21.02. For the most recent quarter (mrq), Quick Ratio is recorded 0.53 and its Current Ratio is at 0.89. In the meantime, Its Debt-to-Equity ratio is 4.85 whereas as Long-Term Debt/Eq ratio is at 3.86.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Leerink Partners on February 26, 2024, initiated with a Outperform rating and assigned the stock a target price of $261.
On January 03, 2024, Barclays started tracking the stock assigning a Overweight rating and target price of $242.
On December 14, 2023, Wells Fargo started tracking the stock assigning a Equal Weight rating and target price of $213.Wells Fargo initiated its Equal Weight rating on December 14, 2023, with a $213 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 18 ’24 when COLLIS STEVEN H sold 10,754 shares for $235.76 per share. The transaction valued at 2,535,363 led to the insider holds 285,088 shares of the business.
Clark Gina sold 1,874 shares of COR for $419,506 on May 31 ’24. The Executive Vice President now owns 13,284 shares after completing the transaction at $223.86 per share. On May 29 ’24, another insider, Clark Gina, who serves as the Executive Vice President of the company, sold 27,093 shares for $216.07 each. As a result, the insider received 5,853,985 and left with 15,158 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, COR now has a Market Capitalization of 44019376128 and an Enterprise Value of 49126322176. As of this moment, Cencora’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.34, and their Forward P/E ratio for the next fiscal year is 15.10. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.61. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.16 while its Price-to-Book (P/B) ratio in mrq is 40.96. Its current Enterprise Value per Revenue stands at 0.178 whereas that against EBITDA is 12.471.
Stock Price History:
The Beta on a monthly basis for COR is 0.45, which has changed by 0.16711247 over the last 52 weeks, in comparison to a change of 0.23886502 over the same period for the S&P500. Over the past 52 weeks, COR has reached a high of $246.75, while it has fallen to a 52-week low of $171.65. The 50-Day Moving Average of the stock is -2.94%, while the 200-Day Moving Average is calculated to be 2.72%.
Shares Statistics:
Over the past 3-months, COR traded about 1.52M shares per day on average, while over the past 10 days, COR traded about 2238200 shares per day. A total of 200.81M shares are outstanding, with a floating share count of 174.36M. Insiders hold about 12.58% of the company’s shares, while institutions hold 88.23% stake in the company. Shares short for COR as of 1718323200 were 9397015 with a Short Ratio of 6.19, compared to 1715731200 on 8525319. Therefore, it implies a Short% of Shares Outstanding of 9397015 and a Short% of Float of 6.460000000000001.
Dividends & Splits
COR’s forward annual dividend rate is 2.02, up from 1.99 a year ago. Against a Trailing Annual Dividend Yield of 0.008902608The stock’s 5-year Average Dividend Yield is 1.38. The current Payout Ratio is 22.74% for COR, which recently paid a dividend on 2024-05-09 with an ex-dividend date of 1715212800. Stock splits for the company last occurred on 2009-06-16 when the company split stock in a 2:1 ratio.
