Cencora Inc. (NYSE: COR) is 9.59% higher on its value in year-to-date trading and has touched a low of $178.21 and a high of $247.66 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The COR stock was last observed hovering at around $224.92 in the last trading session, with the day’s gains setting it 0.16%.
Currently trading at $225.08, the stock is -3.62% and -4.08% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.31 million and changing 0.07% at the moment leaves the stock -1.89% off its SMA200. COR registered 23.09% gain for a year compared to 6-month loss of -7.37%. The firm has a 50-day simple moving average (SMA 50) of $234.678 and a 200-day simple moving average (SMA200) of $229.5131.
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The stock witnessed a -5.27% gain in the last 1 month and extending the period to 3 months gives it a 0.69%, and is -1.42% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.68% over the week and 1.92% over the month.
Cencora Inc. (COR) has around 46000 employees, a market worth around $44.35B and $283.83B in sales. Current P/E ratio is 24.43 and Fwd P/E is 15.21. Profit margin for the company is 0.65%. Distance from 52-week low is 26.30% and -9.12% from its 52-week high. The company has generated returns on investments over the last 12 months (36.46%).
with sales reaching $77.59B over the same period.The EPS is expected to grow by 13.68% this year, but quarterly earnings will post 11.60% year-over-year. Quarterly sales are estimated to grow 12.60% in year-over-year returns.
Cencora Inc. (COR) Top Institutional Holders
1573.0 institutions hold shares in Cencora Inc. (COR), with institutional investors hold 100.45% of the company’s shares. The shares outstanding are 200.81M, and float is at 176.38M with Short Float at 5.54%. Institutions hold 89.95% of the Float.
The top institutional shareholder in the company is KLCM ADVISORS, INC. with over 1350.0 shares valued at $0.3 million. The investor’s holdings represent 0.0007% of the COR Shares outstanding. As of 2024-06-30, the second largest holder is TWIN LAKES CAPITAL MANAGEMENT, LLC with 100.0 shares valued at $22530.0 to account for 0.0001 of the shares outstanding.
Cencora Inc. (COR) Insider Activity
The most recent transaction is an insider sale by COLLIS STEVEN H, the company’s Chairman, President & CEO. SEC filings show that COLLIS STEVEN H sold 21,509 shares of the company’s common stock on Sep 17 ’24 at a price of $241.01 per share for a total of $5.18 million. Following the sale, the insider now owns 0.29 million shares.
Still, SEC filings show that on Sep 17 ’24, COLLIS STEVEN H (Officer) Proposed Sale 21,509 shares at an average price of $241.01 for $5.18 million. The insider now directly holds shares of Cencora Inc. (COR).
