Cencora Inc. (COR) vs. Its Peers: A Comparison

Cencora Inc. (NYSE: COR) has a price-to-earnings ratio of 26.77x that is above its average ratio. Additionally, the 36-month beta value for COR is 0.47. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 4 rating it as “overweight,” 8 rating it as “hold,” and 0 rating it as “sell.”

The public float for COR is 172.49M and currently, short sellers hold a 4.95% ratio of that float. The average trading volume of COR on April 04, 2024 was 1.30M shares.

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COR) stock’s latest price update

Cencora Inc. (NYSE: COR) has experienced a rise in its stock price by 1.11 compared to its previous closing price of 243.09. However, the company has seen a gain of 1.24% in its stock price over the last five trading days. Zacks Investment Research reported 2024-03-29 that 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.

COR’s Market Performance

Cencora Inc. (COR) has experienced a 1.24% rise in stock performance for the past week, with a 4.24% rise in the past month, and a 17.87% rise in the past quarter. The volatility ratio for the week is 1.41%, and the volatility levels for the past 30 days are at 1.19% for COR. The simple moving average for the last 20 days is 2.46% for COR’s stock, with a simple moving average of 21.38% for the last 200 days.

Analysts’ Opinion of COR

Many brokerage firms have already submitted their reports for COR stocks, with Leerink Partners repeating the rating for COR by listing it as a “Outperform.” The predicted price for COR in the upcoming period, according to Leerink Partners is $261 based on the research report published on February 26, 2024 of the current year 2024.

Barclays, on the other hand, stated in their research note that they expect to see COR reach a price target of $242. The rating they have provided for COR stocks is “Overweight” according to the report published on January 03rd, 2024.

Wells Fargo gave a rating of “Equal Weight” to COR, setting the target price at $213 in the report published on December 14th of the previous year.

COR Trading at 4.92% from the 50-Day Moving Average

After a stumble in the market that brought COR to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 0.46% of gains for the given period.

Volatility was left at 1.19%, however, over the last 30 days, the volatility rate increased by 1.41%, as shares surge +4.46% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +12.67% upper at present.

During the last 5 trading sessions, COR rose by +1.24%, which changed the moving average for the period of 200-days by +35.14% in comparison to the 20-day moving average, which settled at $240.42. In addition, Cencora Inc. saw 19.68% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at COR starting from COLLIS STEVEN H, who sale 10,755 shares at the price of $240.21 back on Mar 19 ’24. After this action, COLLIS STEVEN H now owns 285,088 shares of Cencora Inc., valued at $2,583,459 using the latest closing price.

Campbell Elizabeth S, the Executive Vice President of Cencora Inc., sale 6,977 shares at $238.12 during a trade that took place back on Mar 18 ’24, which means that Campbell Elizabeth S is holding 8,246 shares at $1,661,363 based on the most recent closing price.

Stock Fundamentals for COR

Current profitability levels for the company are sitting at:

  • 0.01 for the present operating margin
  • 0.03 for the gross margin

The net margin for Cencora Inc. stands at 0.01. The total capital return value is set at 0.17. Equity return is now at value 509.03, with 3.05 for asset returns.

Based on Cencora Inc. (COR), the company’s capital structure generated 0.88 points at debt to capital in total, while cash flow to debt ratio is standing at 0.82. The debt to equity ratio resting at 7.19. The interest coverage ratio of the stock is 10.22.

Currently, EBITDA for the company is 3.7 billion with net debt to EBITDA at 0.59. When we switch over and look at the enterprise to sales, we see a ratio of 0.2. The receivables turnover for the company is 12.54for trailing twelve months and the total asset turnover is 4.19. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.88.

Conclusion

In conclusion, Cencora Inc. (COR) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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