Cencora Inc. (COR): A Case For Going Higher

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

This NYSE-listed company operates within the Medical Distribution industry segment, falling under the Healthcare sector. The current market capitalization of Cencora Inc. is $47.54B. A total of 2.35 million shares were traded on the day, compared to an average of 1.53M shares.

In the most recent transaction, Walgreens Boots Alliance Holdi bought 3,398,929 shares of COR for 244.46 per share on Aug 01 ’24. In a previous transaction on Aug 01 ’24, Walgreens Boots Alliance, Inc. sold 4,438,171 shares at 240.56 per share. COR shares that 10% Owner owns now total 19,980,000.

Among the insiders who sold shares, COLLIS STEVEN H disposed of 10,755 shares on Jul 16 ’24 at a per-share price of $222.12. This resulted in the Chairman, President & CEO holding 285,088 shares of COR after the transaction. In another insider transaction, COLLIS STEVEN H sold 10,754 shares at $235.76 per share on Jun 18 ’24. Company shares held by the Chairman, President & CEO now total 285,088.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Cencora Inc. pays an annual dividend of $2.02, resulting in a dividend yield of 0.84%, and it has a price to earnings (P/E) ratio of 26.19. COR’s most recent ex-dividend date was 8/9/2024 when it declared a $0.51 quarterly dividend that was paid in cash on 8/26/2024. Previously, the company paid the dividend on 5/24/2024 with an ex-dividend date of 5/9/2024. The COR stock dividend was $0.51 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, COR has a high of $247.66 and a low of $171.65.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its 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 $4.70, 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.

Most Popular

Related Posts