Is Cencora Stock a Good Investment?
Cencora Investment Advice | COR |
- Examine Cencora's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Cencora's leadership team and their track record. Good management can help Cencora navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Health Care Providers & Services space and any emerging trends that could impact Cencora's business and its evolving consumer preferences.
- Compare Cencora's performance and market position to its competitors. Analyze how Cencora is positioned in terms of product offerings, innovation, and market share.
- Check if Cencora pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Cencora's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Cencora stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Cencora is a good investment.
Sell | Buy |
Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Examine Cencora Stock
Researching Cencora's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 94.0% of the company shares are held by institutions such as insurance companies. The company has Price/Earnings To Growth (PEG) ratio of 1.17. Cencora recorded earning per share (EPS) of 7.54. The entity last dividend was issued on the 15th of November 2024. The firm had 2:1 split on the 16th of June 2009.
To determine if Cencora is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Cencora's research are outlined below:
| Cencora is unlikely to experience financial distress in the next 2 years | |
| Cencora has 4.39 B in debt. Cencora has a current ratio of 0.57, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Cencora to invest in growth at high rates of return. | |
| Over 94.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from finance.yahoo.com: Cencoras earnings growth rate lags the 23 percent CAGR delivered to shareholders |
Cencora Quarterly Gross Profit |
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Cencora uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Cencora. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Cencora's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 31st of January 2024 Upcoming Quarterly Report | View | |
| 7th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 7th of November 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 30th of September 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact Cencora's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Cencora's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2012-07-26 | 2012-06-30 | 0.03 | 0.04 | 0.01 | 33 | ||
2012-11-01 | 2012-09-30 | 0.04 | 0.06 | 0.02 | 50 | ||
2011-08-04 | 2011-06-30 | -0.15 | -0.13 | 0.02 | 13 | ||
2016-02-11 | 2015-12-31 | 0.29 | 0.32 | 0.03 | 10 | ||
2015-07-23 | 2015-06-30 | 0.19 | 0.22 | 0.03 | 15 | ||
2015-04-23 | 2015-03-31 | 0.18 | 0.21 | 0.03 | 16 | ||
2014-07-23 | 2014-06-30 | 0.14 | 0.18 | 0.04 | 28 | ||
2014-02-13 | 2013-12-31 | 0.11 | 0.15 | 0.04 | 36 |
Know Cencora's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Cencora is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Cencora backward and forwards among themselves. Cencora's institutional investor refers to the entity that pools money to purchase Cencora's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Morgan Stanley - Brokerage Accounts | 2024-09-30 | 2.9 M | Capital Research Global Investors | 2024-09-30 | 2.9 M | Amvescap Plc. | 2024-09-30 | 2.7 M | Bessemer Group Inc | 2024-09-30 | 2.2 M | Northern Trust Corp | 2024-09-30 | 2.2 M | Pacer Advisors, Inc. | 2024-09-30 | 2.1 M | Legal & General Group Plc | 2024-09-30 | 1.8 M | Two Sigma Advisers, Llc | 2024-09-30 | 1.6 M | Norges Bank | 2024-06-30 | 1.6 M | Vanguard Group Inc | 2024-09-30 | 21.3 M | Walgreens Boots Alliance Inc | 2024-09-30 | 20 M |
Cencora's market capitalization trends
The company currently falls under 'Large-Cap' category with a total capitalization of 43.87 B.Market Cap |
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Cencora's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.03 | 0.03 | |
| Return On Capital Employed | 0.17 | 0.15 | |
| Return On Assets | 0.02 | 0.02 | |
| Return On Equity | 2.34 | 2.45 |
Determining Cencora's profitability involves analyzing its financial statements and using various financial metrics to determine if Cencora is a good buy. For example, gross profit margin measures Cencora's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Cencora's profitability and make more informed investment decisions.
Evaluate Cencora's management efficiency
Cencora has Return on Asset of 0.031 % which means that on every $100 spent on assets, it made $0.031 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 2.0912 %, implying that it generated $2.0912 on every 100 dollars invested. Cencora's management efficiency ratios could be used to measure how well Cencora manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Cencora's Return On Tangible Assets are relatively stable compared to the past year. As of 12/20/2024, Return On Assets is likely to grow to 0.02, while Return On Capital Employed is likely to drop 0.15. At this time, Cencora's Return On Assets are relatively stable compared to the past year. As of 12/20/2024, Asset Turnover is likely to grow to 5.17, while Intangible Assets are likely to drop slightly above 2.7 B.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 3.96 | 4.75 | |
| Tangible Book Value Per Share | (63.13) | (59.98) | |
| Enterprise Value Over EBITDA | 14.12 | 8.61 | |
| Price Book Value Ratio | 69.17 | 72.63 | |
| Enterprise Value Multiple | 14.12 | 8.61 | |
| Price Fair Value | 69.17 | 72.63 | |
| Enterprise Value | 27.5 B | 28.8 B |
The management team at Cencora has a track record of steering the company towards sustained growth. Evaluating their strategies helps in understanding the stock's long-term potential.
Dividend Yield 0.0097 | Forward Dividend Yield 0.0097 | Forward Dividend Rate 2.2 | Beta 0.436 |
Basic technical analysis of Cencora Stock
As of the 20th of December, Cencora shows the Standard Deviation of 1.22, risk adjusted performance of (0.02), and Mean Deviation of 0.8291. Cencora technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Cencora variance and potential upside to decide if Cencora is priced correctly, providing market reflects its regular price of 226.99 per share. Given that Cencora has information ratio of (0.06), we suggest you to validate Cencora's prevailing market performance to make sure the company can sustain itself at a future point.Cencora's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Cencora insiders, such as employees or executives, is commonly permitted as long as it does not rely on Cencora's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Cencora insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Cencora's Outstanding Corporate Bonds
Cencora issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Cencora uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Cencora bonds can be classified according to their maturity, which is the date when Cencora has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| US03073EAR62 Corp BondUS03073EAR62 | View | |
| AMERISOURCEBERGEN P 43 Corp BondUS03073EAQ89 | View | |
| AMERISOURCEBERGEN P 345 Corp BondUS03073EAP07 | View | |
| AMERISOURCEBERGEN P 425 Corp BondUS03073EAN58 | View | |
| AMERISOURCEBERGEN P 325 Corp BondUS03073EAM75 | View | |
| AMERISOURCEBERGEN PORATION Corp BondUS03073EAT29 | View | |
| AMP 515 15 MAY 33 Corp BondUS03076CAM82 | View | |
| AMERIPRISE FINL INC Corp BondUS03076CAH97 | View |
Understand Cencora's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Cencora's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.02) | |||
| Market Risk Adjusted Performance | (0.20) | |||
| Mean Deviation | 0.8291 | |||
| Coefficient Of Variation | (3,128) | |||
| Standard Deviation | 1.22 | |||
| Variance | 1.48 | |||
| Information Ratio | (0.06) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | (0.21) | |||
| Maximum Drawdown | 7.5 | |||
| Value At Risk | (1.62) | |||
| Potential Upside | 1.73 | |||
| Skewness | 1.29 | |||
| Kurtosis | 4.47 |
| Risk Adjusted Performance | (0.02) | |||
| Market Risk Adjusted Performance | (0.20) | |||
| Mean Deviation | 0.8291 | |||
| Coefficient Of Variation | (3,128) | |||
| Standard Deviation | 1.22 | |||
| Variance | 1.48 | |||
| Information Ratio | (0.06) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | (0.21) | |||
| Maximum Drawdown | 7.5 | |||
| Value At Risk | (1.62) | |||
| Potential Upside | 1.73 | |||
| Skewness | 1.29 | |||
| Kurtosis | 4.47 |
Consider Cencora's intraday indicators
Cencora intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Cencora stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Cencora Corporate Filings
8K | 10th of December 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 2nd of December 2024 Other Reports | ViewVerify | |
10K | 26th of November 2024 Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance | ViewVerify |
F4 | 22nd of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
Cencora Stock media impact
Far too much social signal, news, headlines, and media speculation about Cencora that are available to investors today. That information is available publicly through Cencora media outlets and privately through word of mouth or via Cencora internal channels. However, regardless of the origin, that massive amount of Cencora data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Cencora news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Cencora relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Cencora's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Cencora alpha.
Cencora Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Cencora can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Cencora Corporate Directors
| David Wilson | Lead Independent Director | Profile | |
| James Attwood | Independent Director | Profile | |
| John Thompson | Independent Director | Profile | |
| Jean Bua | Independent Director | Profile |
Additional Tools for Cencora Stock Analysis
When running Cencora's price analysis, check to measure Cencora's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cencora is operating at the current time. Most of Cencora's value examination focuses on studying past and present price action to predict the probability of Cencora's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cencora's price. Additionally, you may evaluate how the addition of Cencora to your portfolios can decrease your overall portfolio volatility.