CencoraCOR
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
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
6 analyst ratings
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