Cencora Inc (COR) 20 Days SMA touches 1.89%: The odds favor the bear

A new trading day began on Tuesday, with Cencora Inc (NYSE: COR) stock price down -0.40% from the previous day of trading, before settling in for the closing price of $291.97. COR’s price has ranged from $214.77 to $296.65 over the past 52 weeks.

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

Healthcare Sector giant saw their annual sales surged by 10.39% over the last five years. Meanwhile, its annual earnings per share averaged 12.32%. With a float of $182.82 million, this company’s outstanding shares have now reached $193.85 million.

The firm has a total of 46000 workers. Let’s measure their productivity. In terms of profitability, gross margin is 3.1%, operating margin of 0.8%, and the pretax margin is 0.61%.

Cencora Inc (COR) Insider Activity

As we move forward, let’s examine how large-scale investors are investing in this stock of the Medical Distribution Industry. The insider ownership of Cencora Inc is 5.72%, while institutional ownership is 92.31%. The most recent insider transaction that took place on Apr 22 ’25, was worth 4,108,508. In this transaction Executive Chairman of this company sold 14,579 shares at a rate of $281.81, taking the stock ownership to the 315,913 shares. Before that another transaction happened on Apr 21 ’25, when Company’s President & CEO sold 4,969 for $289.33, making the entire transaction worth $1,437,681. This insider now owns 47,582 shares in total.

Cencora Inc (COR) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 12.32% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.76% during the next five years compared to 13.29% growth over the previous five years of trading.

Cencora Inc (NYSE: COR) Trading Performance Indicators

Here are Cencora Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.54. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.19.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.03, a number that is poised to hit 4.11 in the next quarter and is forecasted to reach 16.95 in one year’s time.

Technical Analysis of Cencora Inc (COR)

Analysing the last 5-days average volume posted by the [Cencora Inc, COR], we can find that recorded value of 1.34 million was lower than the volume posted last year of 1.69 million. As of the previous 9 days, the stock’s Stochastic %D was 85.04%. Additionally, its Average True Range was 5.95.

During the past 100 days, Cencora Inc’s (COR) raw stochastic average was set at 91.97%, which indicates a significant increase from 82.20% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 15.18% in the past 14 days, which was lower than the 18.88% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $272.62, while its 200-day Moving Average is $245.94. Now, the first resistance to watch is $293.06. This is followed by the second major resistance level at $295.30. The third major resistance level sits at $296.81. If the price goes on to break the first support level at $289.31, it is likely to go to the next support level at $287.80. Should the price break the second support level, the third support level stands at $285.56.

Cencora Inc (NYSE: COR) Key Stats

With a market capitalization of 56.39 billion, the company has a total of 193,917K Shares Outstanding. Currently, annual sales are 293,959 M while annual income is 1,509 M. The company’s previous quarter sales were 81,487 M while its latest quarter income was 488,600 K.