Cencora Inc (NYSE: COR) on Tuesday, plunged -1.46% from the previous trading day, before settling in for the closing price of $240.51. Within the past 52 weeks, COR’s price has moved between $195.83 and $253.27.
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Annual sales at Healthcare sector company grew by 10.39% over the past five years. The company achieved an average annual earnings per share of 8.76%. With a float of $172.93 million, this company’s outstanding shares have now reached $194.94 million.
Let’s look at the performance matrix of the company that is accounted for 46000 employees. In terms of profitability, gross margin is 3.06%, operating margin of 0.84%, and the pretax margin is 0.68%.
Cencora Inc (COR) Insider Updates
Observing investor behavior towards Medical Distribution industry stocks is more important than anything else. The insider ownership of Cencora Inc is 10.53%, while institutional ownership is 91.60%. The most recent insider transaction that took place on Dec 03 ’24, was worth 454,754. In this transaction SVP & Chief Accounting Officer of this company sold 1,816 shares at a rate of $250.41, taking the stock ownership to the 21,988 shares. Before that another transaction happened on Dec 03 ’24, when Company’s Officer proposed sale 1,816 for $250.42, making the entire transaction worth $454,754.
Cencora Inc (COR) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 4.22 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 8.76% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.43% during the next five years compared to 13.29% growth over the previous five years of trading.
Cencora Inc (NYSE: COR) Trading Performance Indicators
Cencora Inc (COR) is currently performing well based on its current performance indicators. A quick ratio of 0.53 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.16. Likewise, its price to free cash flow for the trailing twelve months is 15.28.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.51, a number that is poised to hit 3.50 in the next quarter and is forecasted to reach 16.39 in one year’s time.
Technical Analysis of Cencora Inc (COR)
Cencora Inc (NYSE: COR) saw its 5-day average volume 1.26 million, a negative change from its year-to-date volume of 1.39 million. As of the previous 9 days, the stock’s Stochastic %D was 11.10%. Additionally, its Average True Range was 4.28.
During the past 100 days, Cencora Inc’s (COR) raw stochastic average was set at 53.03%, which indicates a significant increase from 6.66% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 15.23% in the past 14 days, which was lower than the 19.49% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $237.17, while its 200-day Moving Average is $234.00. Nevertheless, the first resistance level for the watch stands at $239.92 in the near term. At $242.82, the stock is likely to face the second major resistance level. The third major resistance level sits at $244.86. If the price goes on to break the first support level at $234.98, it is likely to go to the next support level at $232.94. Assuming the price breaks the second support level, the third support level stands at $230.04.
Cencora Inc (NYSE: COR) Key Stats
Market capitalization of the company is 45.81 billion based on 193,280K outstanding shares. Right now, sales total 293,959 M and income totals 1,509 M. The company made 79,050 M in profit during its latest quarter, and 3,380 K in sales during its previous quarter.
