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In the latest session, Cencora Inc. (NYSE: COR) closed at $239.34 up 0.39% from its previous closing price of $238.41. In other words, the price has increased by $0.39 from its previous closing price. On the day, 0.76 million shares were traded. COR stock price reached its highest trading level at $240.41 during the session, while it also had its lowest trading level at $238.43.
Ratios:
For a deeper understanding of Cencora Inc.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.83 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.31. For the most recent quarter (mrq), Quick Ratio is recorded 0.55 and its Current Ratio is at 0.89. In the meantime, Its Debt-to-Equity ratio is 5.11 whereas as Long-Term Debt/Eq ratio is at 4.50.
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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 20 ’24 when COLLIS STEVEN H sold 10,754 shares for $239.13 per share. The transaction valued at 2,571,604 led to the insider holds 285,088 shares of the business.
COLLIS STEVEN H bought 10,754 shares of COR for $2,571,604 on Aug 20 ’24. On Aug 06 ’24, another insider, Battaglia Silvana, who serves as the Executive Vice President of the company, sold 1,473 shares for $242.69 each. As a result, the insider received 357,482 and left with 10,948 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 46912552960 and an Enterprise Value of 50121211904. As of this moment, Cencora’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.98, and their Forward P/E ratio for the next fiscal year is 16.10. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.44. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.17 while its Price-to-Book (P/B) ratio in mrq is 50.96. Its current Enterprise Value per Revenue stands at 0.177 whereas that against EBITDA is 12.428.
Stock Price History:
Over the past 52 weeks, COR has reached a high of $247.66, while it has fallen to a 52-week low of $171.65. The 50-Day Moving Average of the stock is 3.36%, while the 200-Day Moving Average is calculated to be 6.56%.
Shares Statistics:
For the past three months, COR has traded an average of 1.50M shares per day and 1050440 over the past ten days. A total of 200.81M shares are outstanding, with a floating share count of 176.41M. Insiders hold about 10.47% of the company’s shares, while institutions hold 90.13% stake in the company. Shares short for COR as of 1722384000 were 8564859 with a Short Ratio of 5.72, compared to 1719532800 on 9020269. Therefore, it implies a Short% of Shares Outstanding of 8564859 and a Short% of Float of 5.88.
Dividends & Splits
According to the company, the forward annual dividend rate for COR is 2.04, from 2.015 in the trailing year. Against a Trailing Annual Dividend Yield of 0.008451827The stock’s 5-year Average Dividend Yield is 1.36.
