What Are The Chances Of Cencora Inc. (NYSE: COR) Becoming A Clear Buy?

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities.

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Stocks Info

As a NYSE listed company, COR falls under the Healthcare sector while operating within the Medical Distribution industry segment. The current market capitalization of Cencora Inc. is $44.62B. A total of 0.81 million shares were traded on the day, compared to an average of 1.53M shares.

In the most recent transaction, COLLIS STEVEN H sold 10,755 shares of COR for 222.12 per share on Jul 16 ’24. After the transaction, the Chairman, President & CEO now owns 285,088 company shares. In a previous transaction on Jun 18 ’24, COLLIS STEVEN H sold 10,754 shares at 235.76 per share. COR shares that Chairman, President & CEO owns now total 285,088.

Among the insiders who sold shares, Clark Gina disposed of 1,874 shares on May 31 ’24 at a per-share price of $223.86. This resulted in the Executive Vice President holding 13,284 shares of COR after the transaction. In another insider transaction, Clark Gina sold 27,093 shares at $216.07 per share on May 29 ’24. Company shares held by the Executive Vice President now total 15,158.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Cencora Inc. pays an annual dividend of $2.02, resulting in a dividend yield of 0.90%, and it has a price to earnings (P/E) ratio of 24.47. COR’s most recent ex-dividend date was 5/9/2024 when it declared a $0.51 quarterly dividend that was paid in cash on 5/24/2024. Previously, the company paid the dividend on 2/26/2024 with an ex-dividend date of 2/8/2024. The COR stock dividend was $0.51 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, COR has a high of $246.75 and a low of $171.65.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. COR’s latest balance sheet shows that the firm has $2.55B in Cash & Short Term Investments as of fiscal 2021. There were $6.68B in debt and $41.36B in liabilities at the time. Its Book Value Per Share was $5.43, while its Total Shareholder’s Equity was $584.41M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for COR is Buy with a score of 4.47.

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