Cencora, Inc. (NYSE:COR - Free Report) - Equities research analysts at Leerink Partnrs boosted their Q1 2025 earnings per share (EPS) estimates for Cencora in a report released on Wednesday, November 6th. Leerink Partnrs analyst M. Cherny now expects that the company will post earnings per share of $3.45 for the quarter, up from their previous forecast of $3.43. The consensus estimate for Cencora's current full-year earnings is $13.64 per share. Leerink Partnrs also issued estimates for Cencora's Q2 2025 earnings at $4.12 EPS, Q3 2025 earnings at $3.73 EPS, Q4 2025 earnings at $3.70 EPS, FY2025 earnings at $14.99 EPS, FY2027 earnings at $18.91 EPS and FY2028 earnings at $20.72 EPS.
Other research analysts have also issued research reports about the stock. Leerink Partners reduced their price objective on shares of Cencora from $277.00 to $275.00 and set an "outperform" rating on the stock in a research note on Monday, October 7th. Evercore ISI lifted their target price on Cencora from $250.00 to $285.00 and gave the stock an "outperform" rating in a report on Thursday. Robert W. Baird raised their price target on Cencora from $287.00 to $292.00 and gave the stock an "outperform" rating in a research report on Thursday. Bank of America reissued a "neutral" rating and set a $245.00 target price (down from $275.00) on shares of Cencora in a research note on Wednesday, September 18th. Finally, UBS Group lifted their price target on shares of Cencora from $275.00 to $285.00 and gave the company a "buy" rating in a research note on Thursday. Three investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $271.20.
Check Out Our Latest Stock Report on Cencora
NYSE:COR opened at $247.76 on Friday. The company has a quick ratio of 0.55, a current ratio of 0.89 and a debt-to-equity ratio of 3.93. Cencora has a 12-month low of $191.11 and a 12-month high of $250.80. The firm has a market capitalization of $48.82 billion, a P/E ratio of 32.99, a P/E/G ratio of 1.49 and a beta of 0.44. The stock's fifty day simple moving average is $231.77 and its 200-day simple moving average is $230.76.
Cencora (NYSE:COR - Get Free Report) last issued its quarterly earnings results on Wednesday, November 6th. The company reported $3.34 EPS for the quarter, topping the consensus estimate of $3.21 by $0.13. Cencora had a net margin of 0.65% and a return on equity of 266.60%. The company had revenue of $79.05 billion during the quarter, compared to analysts' expectations of $77.68 billion.
Several institutional investors and hedge funds have recently modified their holdings of the stock. Lake Street Advisors Group LLC lifted its position in Cencora by 1.3% during the third quarter. Lake Street Advisors Group LLC now owns 3,415 shares of the company's stock worth $769,000 after acquiring an additional 43 shares during the last quarter. Financial Advocates Investment Management grew its stake in shares of Cencora by 4.7% in the second quarter. Financial Advocates Investment Management now owns 978 shares of the company's stock valued at $220,000 after acquiring an additional 44 shares in the last quarter. Venturi Wealth Management LLC increased its position in Cencora by 1.0% during the third quarter. Venturi Wealth Management LLC now owns 4,447 shares of the company's stock worth $1,001,000 after acquiring an additional 46 shares during the period. Prime Capital Investment Advisors LLC raised its stake in Cencora by 1.2% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 3,768 shares of the company's stock worth $848,000 after purchasing an additional 46 shares in the last quarter. Finally, Checchi Capital Advisers LLC boosted its holdings in Cencora by 2.2% in the 2nd quarter. Checchi Capital Advisers LLC now owns 2,217 shares of the company's stock valued at $499,000 after purchasing an additional 48 shares during the period. 97.52% of the stock is currently owned by institutional investors and hedge funds.
In other Cencora news, Chairman Steven H. Collis sold 21,509 shares of the business's stock in a transaction that occurred on Tuesday, October 22nd. The stock was sold at an average price of $235.80, for a total transaction of $5,071,822.20. Following the transaction, the chairman now owns 285,088 shares of the company's stock, valued at $67,223,750.40. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 15.80% of the stock is owned by insiders.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be paid a dividend of $0.55 per share. The ex-dividend date is Friday, November 15th. This is a positive change from Cencora's previous quarterly dividend of $0.51. This represents a $2.20 annualized dividend and a dividend yield of 0.89%. Cencora's payout ratio is currently 29.29%.
Cencora, Inc sources and distributes pharmaceutical products. The company's U.S. Healthcare Solutions segment distributes pharmaceuticals, over-the-counter healthcare products, home healthcare supplies and equipment, and related services to acute care hospitals and health systems, independent and chain retail pharmacies, mail order pharmacies, medical clinics, long-term care and alternate site pharmacies, and other customers; provides pharmacy management, staffing, and other consulting services; supply management software to retail and institutional healthcare providers; packaging solutions to various institutional and retail healthcare providers; clinical trial support, product post-approval, and commercialization support services; data analytics, outcomes research, and additional services for biotechnology and pharmaceutical manufacturers; pharmaceuticals, vaccines, parasiticides, diagnostics, micro feed ingredients, and other products to the companion animal and production animal markets; and sales force services to manufacturers.
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