|Bid||101.90 x 800|
|Ask||108.00 x 800|
|Day's Range||100.41 - 102.99|
|52 Week Range||72.06 - 111.25|
|Beta (5Y Monthly)||0.56|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jan 28, 2021 - Feb 01, 2021|
|Forward Dividend & Yield||1.76 (1.73%)|
|Ex-Dividend Date||Nov 13, 2020|
|1y Target Est||117.69|
Let's see if AmerisourceBergen (ABC) stock is a good choice for value-oriented investors right now from multiple angles.
Amazon Pharmacy has entered the market, and investors are worried about the future of traditional pharmacies.
Drug store stocks got slammed in Tuesday's session after Amazon.com, Inc. (AMZN) announced the launch of an online pharmacy, dropping shares of new rivals between 9% and 20%. On the flip side, it's obviously good news for consumers, with Amazon's huge footprint holding down drug prices. Amazon's service allows customers to choose co-pays and has a non-insurance option, with heavy discounts for Prime members.