Cencora Inc (NYSE: COR) May Be Attracting Institutional Investments

After Hours

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.

Stocks Info

Cencora Inc is listed on the NYSE as a member of the Healthcare sector and is a part of the Medical Distribution industry. The current market capitalization of Cencora Inc is $45.65B. A total of 1.36 million shares were traded on the day, compared to an average of 1.25M shares.

In the most recent transaction, Battaglia Silvana sold 1,678 shares of COR for 228.72 per share on Dec 20 ’24. After the transaction, the Executive Vice President now owns 20,329 company shares. In a previous transaction on Dec 20 ’24, Battaglia Silvana bought 1,678 shares at 228.72 per share.

Among the insiders who sold shares, Krikorian Lazarus disposed of 1,816 shares on Dec 03 ’24 at a per-share price of $250.41. This resulted in the SVP & Chief Accounting Officer holding 21,988 shares of COR after the transaction. In another insider transaction, Krikorian Lazarus bought 1,816 shares at $250.42 per share on Dec 03 ’24.

Dividend

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Cencora Inc pays an annual dividend of $2.08, resulting in a dividend yield of 0.88%, and it has a price to earnings (P/E) ratio of 31.47. COR’s most recent ex-dividend date was 0.9% when it declared a $0.55 quarterly dividend that was paid in cash on 11/15/2024. Previously, the company paid the dividend on 8/9/2024 with an ex-dividend date of 0.86%. The COR stock dividend was $0.51 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, COR has a high of $253.27 and a low of $209.32.

As of this writing, COR has an earnings estimate of $3.51 per share for the current quarter. EPS was calculated based on a consensus of 13.0 estimates, with a high estimate of $3.6 per share and a lower estimate of $3.42.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. 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 $3.31, while its Total Shareholder’s Equity was $584.41M.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. 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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