227.69 USD
+1.42
0.63%
At close Dec 20, 4:00 PM EST
After hours
228.99
+1.30
0.57%
1 day
0.63%
5 days
-2.24%
1 month
-6.38%
3 months
-0.18%
6 months
-3.39%
Year to date
9.18%
1 year
13.96%
5 years
27.27%
10 years
100.94%
 

About: Cencora is one of three domestic leading pharmaceutical wholesalers. It sources and distributes branded, generic, and specialty pharmaceutical products to pharmacies (retail chains, independent, and mail order), hospital networks, and healthcare providers. It and McKesson and Cardinal Health constitute over 90% of the us pharmaceutical wholesale industry. Cencora also provides commercialization services for manufacturers of pharmaceuticals and medical devices, global specialty drug logistics (World Courier), and animal health product distribution (MWI Animal Health). Cencora expanded its international presence in 2021 by purchasing Alliance Healthcare, one of the leading drug wholesalers in Europe.

Employees: 46,000

0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 6 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

106% more call options, than puts

Call options by funds: $1.69B | Put options by funds: $819M

20% more repeat investments, than reductions

Existing positions increased: 455 | Existing positions reduced: 380

20% more first-time investments, than exits

New positions opened: 128 | Existing positions closed: 107

2% more funds holding

Funds holding: 1,115 [Q2] → 1,136 (+21) [Q3]

5% less capital invested

Capital invested by funds: $45.2B [Q2] → $43.1B (-$2.12B) [Q3]

3.44% less ownership

Funds ownership: 100.58% [Q2] → 97.14% (-3.44%) [Q3]

17% less funds holding in top 10

Funds holding in top 10: 18 [Q2] → 15 (-3) [Q3]

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$237
4%
upside
Avg. target
$277
22%
upside
High target
$292
28%
upside

6 analyst ratings

positive
83%
neutral
17%
negative
0%
Wells Fargo
Eric Luebchow
62% 1-year accuracy
26 / 42 met price target
4%upside
$237
Equal-Weight
Maintained
13 Dec 2024
Baird
David Rodgers
48% 1-year accuracy
10 / 21 met price target
28%upside
$292
Outperform
Maintained
7 Nov 2024
UBS
Kevin Caliendo
56% 1-year accuracy
9 / 16 met price target
25%upside
$285
Buy
Maintained
7 Nov 2024
Barclays
Stephanie Davis
56% 1-year accuracy
9 / 16 met price target
27%upside
$290
Overweight
Maintained
7 Nov 2024
Evercore ISI Group
John Belton
67% 1-year accuracy
2 / 3 met price target
25%upside
$285
Outperform
Maintained
7 Nov 2024

Financial journalist opinion

Based on 12 articles about COR published over the past 30 days

Positive
Zacks Investment Research
5 days ago
Why Cencora (COR) is a Top Growth Stock for the Long-Term
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
Why Cencora (COR) is a Top Growth Stock for the Long-Term
Positive
Zacks Investment Research
1 week ago
Here's Why You Should Hold Cencora Stock in Your Portfolio for Now
COR continues to gain traction from the robust U.S. Healthcare Solutions segment. However, stiff competition is a woe.
Here's Why You Should Hold Cencora Stock in Your Portfolio for Now
Positive
Zacks Investment Research
1 week ago
Here's Why Cencora (COR) is a Strong Value Stock
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Here's Why Cencora (COR) is a Strong Value Stock
Neutral
Business Wire
1 week ago
Cencora Closes $1.8 Billion Senior Notes Offering
CONSHOHOCKEN, Pa.--(BUSINESS WIRE)--Cencora, Inc. (NYSE: COR) today announced the closing of its public offering of $500,000,000 aggregate principal amount of its 4.625% Senior Notes due December 15, 2027 (the “2027 Notes”), $600,000,000 aggregate principal amount of its 4.850% Senior Notes due December 15, 2029 (the “2029 Notes”) and $700,000,000 aggregate principal amount of its 5.150% Senior Notes due February 15, 2035 (the “2035 Notes” and, together with the 2027 Notes and the 2029 Notes, t.
Cencora Closes $1.8 Billion Senior Notes Offering
Neutral
Business Wire
2 weeks ago
Cencora Launches Accelerate Pharmacy Solutions to Enhance Support for Hospital and Health System Customers
CONSHOHOCKEN, Pa.--(BUSINESS WIRE)--Cencora, a global healthcare company, announced the launch of Accelerate Pharmacy Solutions, a unified portfolio of solutions designed to help hospital and health systems customers optimize operations and improve financial performance. Accelerate Pharmacy Solutions brings together Cencora's suite of pharmacy and supply chain solutions, enabling Cencora to deliver an enhanced customer experience and integrated support to address customers' evolving needs. The.
Cencora Launches Accelerate Pharmacy Solutions to Enhance Support for Hospital and Health System Customers
Positive
Seeking Alpha
2 weeks ago
Cencora: Competitive Advantages Defined
Cencora is a 'super cash cow' with high capital turnover and low margins, generating substantial free cash flow from its competitive advantages. COR's business model thrives on low-cost operations, ensuring resilience in both high and low pricing environments. Despite inflation risks, COR's negative net working capital and efficient capital allocation enhance its ability to grow and generate cash.
Cencora: Competitive Advantages Defined
Neutral
Business Wire
2 weeks ago
Cencora Prices $500 Million 4.625% Senior Notes Due 2027, $600 Million 4.850% Senior Notes Due 2029 and $700 Million 5.150% Senior Notes Due 2035
CONSHOHOCKEN, Pa.--(BUSINESS WIRE)--Cencora, Inc. (NYSE: COR) today announced that it priced $500 million aggregate principal amount of its 4.625% Senior Notes due December 15, 2027 (the “2027 Notes”), $600 million aggregate principal amount of its 4.850% Senior Notes due December 15, 2029 (the “2029 Notes”) and $700 million aggregate principal amount of its 5.150% Senior Notes due February 15, 2035 (the “2035 Notes” and, together with the 2027 Notes and the 2029 Notes, the “Notes”), in an unde.
Cencora Prices $500 Million 4.625% Senior Notes Due 2027, $600 Million 4.850% Senior Notes Due 2029 and $700 Million 5.150% Senior Notes Due 2035
Positive
Zacks Investment Research
2 weeks ago
Here's Why Cencora (COR) is a Strong Momentum Stock
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Here's Why Cencora (COR) is a Strong Momentum Stock
Neutral
Business Wire
3 weeks ago
Cencora to Host Inaugural Product Showcase
CONSHOHOCKEN, Pa.--(BUSINESS WIRE)--Cencora, a global healthcare company, will host its inaugural Product Showcase, an event that will provide increased visibility into the company's portfolio of solutions and the products it's developing to support the evolving needs of its customers. During the virtual event, scheduled for December 3 at 11:00am ET, Cencora executives and leaders from across the organization will highlight innovative partnerships and provide updates on new product offerings. T.
Cencora to Host Inaugural Product Showcase
Positive
Zacks Investment Research
3 weeks ago
Why Cencora (COR) is a Top Value Stock for the Long-Term
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Why Cencora (COR) is a Top Value Stock for the Long-Term
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