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After finishing at $222.92 in the prior trading day, Cencora Inc. (NYSE: COR) closed at $221.94, down -0.44%. In other words, the price has decreased by -$0.44 from its previous closing price. On the day, 1.52 million shares were traded. COR stock price reached its highest trading level at $223.71 during the session, while it also had its lowest trading level at $220.68.
Ratios:
Our goal is to gain a better understanding of COR by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 19.94 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.96. 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 Apr 16 ’24 when COLLIS STEVEN H sold 10,754 shares for $237.48 per share. The transaction valued at 2,553,860 led to the insider holds 285,088 shares of the business.
Mauch Robert P. sold 57,564 shares of COR for $13,532,721 on Apr 15 ’24. The Executive Vice President & COO now owns 24,412 shares after completing the transaction at $235.09 per share. On Mar 19 ’24, another insider, COLLIS STEVEN H, who serves as the Chairman, President & CEO of the company, sold 10,755 shares for $240.21 each. As a result, the insider received 2,583,459 and left with 285,088 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 44461682688 and an Enterprise Value of 49012637696. As of this moment, Cencora’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.28, and their Forward P/E ratio for the next fiscal year is 15.08. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.71. 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 40.86. Its current Enterprise Value per Revenue stands at 0.177 whereas that against EBITDA is 12.442.
Stock Price History:
Over the past 52 weeks, COR has reached a high of $246.75, while it has fallen to a 52-week low of $163.37. The 50-Day Moving Average of the stock is -6.24%, while the 200-Day Moving Average is calculated to be 6.20%.
Shares Statistics:
The stock has traded on average 1.24M shares per day over the past 3-months and 1789360 shares per day over the last 10 days, according to various share statistics. A total of 200.81M shares are outstanding, with a floating share count of 172.49M. Insiders hold about 13.52% of the company’s shares, while institutions hold 85.79% stake in the company. Shares short for COR as of 1714435200 were 8416043 with a Short Ratio of 6.80, compared to 1711584000 on 8107598. Therefore, it implies a Short% of Shares Outstanding of 8416043 and a Short% of Float of 5.6900002.
Dividends & Splits
In the trailing 12 months, COR’s forward annual dividend rate was 1.99, compared to 2.02 this year. Against a Trailing Annual Dividend Yield of 0.008926969The stock’s 5-year Average Dividend Yield is 1.42.
Earnings Estimates
Current recommendations for the stock of the company come from 13.0 analysts. On average, analysts expect EPS of $3.21 for the current quarter, with a high estimate of $3.32 and a low estimate of $3.11, while EPS last year was $2.92. The consensus estimate for the next quarter is $3.19, with high estimates of $3.35 and low estimates of $3.06.
Analysts are recommending an EPS of between $13.49 and $13.32 for the fiscal current year, implying an average EPS of $13.44. EPS for the following year is $14.69, with 15.0 analysts recommending between $15.02 and $14.45.
Revenue Estimates
For the next quarter, 10 analysts are estimating revenue of $75.76B. There is a high estimate of $76.71B for the next quarter, whereas the lowest estimate is $74.56B.
A total of 14 analysts have provided revenue estimates for COR’s current fiscal year. The highest revenue estimate was $292.5B, while the lowest revenue estimate was $287.4B, resulting in an average revenue estimate of $290.32B. In the same quarter a year ago, actual revenue was $262.17BBased on 14 analysts’ estimates, the company’s revenue will be $309.88B in the next fiscal year. The high estimate is $320B and the low estimate is $301.95B.
