Cencora Inc. (COR) concluded trading on Thursday at a closing price of $227.96, with 3.65 million shares of worth about $832.03 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 11.70% during that period and on June 27, 2024 the price saw a loss of about -3.93%. Currently the company’s common shares owned by public are about 200.81M shares, out of which, 174.36M shares are available for trading.
Stock saw a price change of -3.28% in past 5 days and over the past one month there was a price change of 5.43%. Year-to-date (YTD), COR shares are showing a performance of 10.99% which increased to 20.75% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $171.65 but also hit the highest price of $246.75 during that period. The average intraday trading volume for Cencora Inc. shares is 1.42 million. The stock is currently trading -2.01% below its 20-day simple moving average (SMA20), while that difference is down -0.89% for SMA50 and it goes to 5.59% higher than SMA200.
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Cencora Inc. (NYSE: COR) currently have 200.81M outstanding shares and institutions hold larger chunk of about 88.19% of that.
The stock has a current market capitalization of $45.47B and its 3Y-monthly beta is at 0.46. PE ratio of stock for trailing 12 months is 24.94, while it has posted earnings per share of $9.14 in the same period. Its PEG reads 2.67 and has Quick Ratio of 0.53 while making debt-to-equity ratio of 4.85. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for COR, volatility over the week remained 1.82% while standing at 1.75% over the month.
Stock’s fiscal year EPS is expected to rise by 12.22% while it is estimated to increase by 9.51% in next year. EPS is likely to grow at an annualized rate of 9.34% for next 5-years, compared to annual growth of 2.53% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Leerink Partners on February 26, 2024 offering an Outperform rating for the stock and assigned a target price of $261 to it. Coverage by Barclays stated Cencora Inc. (COR) stock as an Overweight in their note to investors on January 03, 2024, suggesting a price target of $242 for the stock. On December 14, 2023, Wells Fargo Initiated their recommendations, while on March 31, 2023, Citigroup Initiated their ratings for the stock with a price target of $185. Stock get an Outperform rating from Evercore ISI on January 31, 2023.
