Cencora Inc (COR) recent activity suggests a positive outlook with the last week’s performance of 2.31%

Cencora Inc (NYSE: COR) on Friday, plunged -1.64% from the previous trading day, before settling in for the closing price of $258.46. Within the past 52 weeks, COR’s price has moved between $214.77 and $261.25.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

It was noted that within the last five years, the titan of the Healthcare sector saw sales topped by 10.39%. The company achieved an average annual earnings per share of 10.32%. With a float of $173.04 million, this company’s outstanding shares have now reached $194.94 million.

The extent of productivity of a business whose workforce counts for 46000 workers is very important to gauge. 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 and Institutional Ownership

Observing investor behavior towards Medical Distribution industry stocks is more important than anything else. The insider ownership of Cencora Inc is 10.74%, while institutional ownership is 91.49%. The most recent insider transaction that took place on Dec 20 ’24, was worth 383,792. In this transaction Executive Vice President of this company sold 1,678 shares at a rate of $228.72, taking the stock ownership to the 20,329 shares. Before that another transaction happened on Dec 20 ’24, when Company’s Officer proposed sale 1,678 for $228.72, making the entire transaction worth $383,792.

Cencora Inc (COR) Latest Financial update

Wall Street market experts anticipate that the next fiscal year will bring earnings of 4.31 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 10.32% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.78% 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 0.17. Likewise, its price to free cash flow for the trailing twelve months is 16.44.

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 16.63 in one year’s time.

Technical Analysis of Cencora Inc (COR)

The latest stats from [Cencora Inc, COR] show that its last 5-days average volume of 1.39 million was superior to 1.29 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 80.35%. Additionally, its Average True Range was 4.14.

During the past 100 days, Cencora Inc’s (COR) raw stochastic average was set at 83.47%, which indicates a significant increase from 74.53% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 15.86% in the past 14 days, which was lower than the 18.60% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $239.46, while its 200-day Moving Average is $233.59. Now, the first resistance to watch is $257.32. This is followed by the second major resistance level at $260.43. The third major resistance level sits at $262.40. If the price goes on to break the first support level at $252.24, it is likely to go to the next support level at $250.27. The third support level lies at $247.16 if the price breaches the second support level.

Cencora Inc (NYSE: COR) Key Stats

Market capitalization of the company is 49.28 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.