At the time of writing, Cencora Inc [COR] stock is trading at $226.99, down -0.29%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The COR shares have lost -2.11% over the last week, with a monthly amount drifted -6.54%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, BofA Securities downgraded its rating to Neutral on September 18, 2024, and dropped its price target to $245. On February 26, 2024, Leerink Partners initiated with a Outperform rating and assigned a price target of $261 on the stock. Barclays started tracking the stock assigning a Overweight rating and suggested a price target of $242 on January 03, 2024. Wells Fargo initiated its recommendation with a Equal Weight and recommended $213 as its price target on December 14, 2023. Citigroup started tracking with a Buy rating for this stock on March 31, 2023, and assigned it a price target of $185.
For the past year, the stock price of Cencora Inc fluctuated between $199.37 and $253.27. Currently, Wall Street analysts expect the stock to reach $270.67 within the next 12 months. Cencora Inc [NYSE: COR] shares were valued at $226.99 at the most recent close of the market. An investor can expect a potential return of 19.24% based on the average COR price forecast.
Analyzing the COR fundamentals
According to Cencora Inc [NYSE:COR], the company’s sales were 293.96B for trailing twelve months, which represents an 14.69% jump. Gross Profit Margin for this corporation currently stands at 0.03% with Operating Profit Margin at 0.01%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 1.63 and Total Capital is 0.19. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 6.79.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 225.87 points at the first support level, and at 224.75 for the second support level. However, for the 1st resistance point, the stock is sitting at 228.67, and for the 2nd resistance point, it is at 230.35.
Ratios To Look Out For
It is important to note that Cencora Inc [NYSE:COR] has a current ratio of 0.88. Further, the Quick Ratio stands at 0.53, while the Cash Ratio is 0.06. Considering the valuation of this stock, the price to sales ratio is 0.15, the price to book ratio is 68.51 and price to earnings (TTM) ratio is 30.24.
Transactions by insiders
Recent insider trading involved Krikorian Lazarus, SVP & Chief Accounting Officer, that happened on Dec 03 ’24 when 1816.0 shares were sold. Officer, Krikorian Lazarus completed a deal on Dec 03 ’24 to buy 1816.0 shares. Meanwhile, Executive Chairman COLLIS STEVEN H sold 50000.0 shares on Nov 25 ’24.
