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Best Medical Distribution Stocks to Buy Now (2022)
Top medical distribution stocks in 2022 ranked by overall Zen Score. See the best medical distribution stocks to buy now, according to analyst forecasts for the medical distribution industry.

Industry: Medical Distribution
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
PDCO
PATTERSON COMPANIES INC
NASDAQ
Medical Distribution
$2.35B$24.26-2.18%$356.73M12.19x1.69
HSIC
HENRY SCHEIN INC
NASDAQ
Medical Distribution
$9.06B$66.55-0.57%$1.10B9.52x0.98
ABC
AMERISOURCEBERGEN CORP
NYSE
Medical Distribution
$28.20B$136.07-1.69%$2.99B15.41x252.59
MCK
MCKESSON CORP
NYSE
Medical Distribution
$49.16B$342.00-1.99%$3.28B36.08x-31.82
OMI
OWENS & MINOR INC
NYSE
Medical Distribution
$1.92B$25.14-0.20%$400.28M12.03x4.80
PBH
PRESTIGE CONSUMER HEALTHCARE INC
NYSE
Medical Distribution
$2.50B$50.170.38%$360.88M12.42x1.32
CAH
CARDINAL HEALTH INC
NYSE
Medical Distribution
$18.47B$67.79-2.16%$71.00M-20.24x-62.88

Medical Distribution Stocks FAQ

What are the best medical distribution stocks to buy right now in Oct 2022?

According to Zen Score, the 3 best medical distribution stocks to buy right now are:

1. Patterson Companies (NASDAQ:PDCO)


Patterson Companies (NASDAQ:PDCO) is the top medical distribution stock with a Zen Score of 54, which is 12 points higher than the medical distribution industry average of 42. It passed 19 out of 38 due diligence checks and has strong fundamentals. Patterson Companies has seen its stock lose -21.34% over the past year, underperforming other medical distribution stocks by -45 percentage points.

Patterson Companies has an average 1 year price target of $35.75, an upside of 47.36% from Patterson Companies's current stock price of $24.26.

Patterson Companies stock has a consensus Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Patterson Companies, 25% have issued a Strong Buy rating, 25% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Henry Schein (NASDAQ:HSIC)


Henry Schein (NASDAQ:HSIC) is the second best medical distribution stock with a Zen Score of 53, which is 11 points higher than the medical distribution industry average of 42. It passed 17 out of 33 due diligence checks and has strong fundamentals. Henry Schein has seen its stock lose -14.98% over the past year, underperforming other medical distribution stocks by -38 percentage points.

Henry Schein has an average 1 year price target of $85.11, an upside of 27.89% from Henry Schein's current stock price of $66.55.

Henry Schein stock has a consensus Hold recommendation according to Wall Street analysts. Of the 9 analysts covering Henry Schein, 11.11% have issued a Strong Buy rating, 33.33% have issued a Buy, 33.33% have issued a hold, while 0% have issued a Sell rating, and 22.22% have issued a Strong Sell.

3. Amerisourcebergen (NYSE:ABC)


Amerisourcebergen (NYSE:ABC) is the third best medical distribution stock with a Zen Score of 50, which is 8 points higher than the medical distribution industry average of 42. It passed 19 out of 38 due diligence checks and has strong fundamentals. Amerisourcebergen has seen its stock return 11.08% over the past year, underperforming other medical distribution stocks by -12 percentage points.

Amerisourcebergen has an average 1 year price target of $168.20, an upside of 23.61% from Amerisourcebergen's current stock price of $136.07.

Amerisourcebergen stock has a consensus Buy recommendation according to Wall Street analysts. Of the 10 analysts covering Amerisourcebergen, 40% have issued a Strong Buy rating, 30% have issued a Buy, 30% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the medical distribution stocks with highest dividends?

Out of 4 medical distribution stocks that have issued dividends in the past year, the 3 medical distribution stocks with the highest dividend yields are:

1. Patterson Companies (NASDAQ:PDCO)


Patterson Companies (NASDAQ:PDCO) has an annual dividend yield of 4.29%, which is 3 percentage points higher than the medical distribution industry average of 1.68%. Patterson Companies's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Patterson Companies's dividend has shown consistent growth over the last 10 years.

Patterson Companies's dividend payout ratio of 52.3% indicates that its dividend yield is sustainable for the long-term.

2. Cardinal Health (NYSE:CAH)


Cardinal Health (NYSE:CAH) has an annual dividend yield of 2.18%, which is the same as the medical distribution industry average of 1.68%. Cardinal Health's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Cardinal Health's dividend has shown consistent growth over the last 10 years.

Cardinal Health's dividend payout ratio of -58.7% indicates that its dividend yield might not be sustainable for the long-term.

3. Amerisourcebergen (NYSE:ABC)


Amerisourcebergen (NYSE:ABC) has an annual dividend yield of 1.35%, which is the same as the medical distribution industry average of 1.68%. Amerisourcebergen's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Amerisourcebergen's dividend has shown consistent growth over the last 10 years.

Amerisourcebergen's dividend payout ratio of 20.6% indicates that its dividend yield is sustainable for the long-term.

Why are medical distribution stocks down?

Medical distribution stocks were down -1.6% in the last day, and down -1.62% over the last week.

We couldn't find a catalyst for why medical distribution stocks are down.

What are the most undervalued medical distribution stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued medical distribution stocks right now are:

1. Owens & Minor (NYSE:OMI)


Owens & Minor (NYSE:OMI) is the most undervalued medical distribution stock based on WallStreetZen's Valuation Score. Owens & Minor has a valuation score of 71, which is 24 points higher than the medical distribution industry average of 47. It passed 5 out of 7 valuation due diligence checks.

Owens & Minor's stock has dropped -19.24% in the past year. It has underperformed other stocks in the medical distribution industry by -43 percentage points.

2. Patterson Companies (NASDAQ:PDCO)


Patterson Companies (NASDAQ:PDCO) is the second most undervalued medical distribution stock based on WallStreetZen's Valuation Score. Patterson Companies has a valuation score of 71, which is 24 points higher than the medical distribution industry average of 47. It passed 5 out of 7 valuation due diligence checks.

Patterson Companies's stock has dropped -21.34% in the past year. It has underperformed other stocks in the medical distribution industry by -45 percentage points.

3. Prestige Consumer Healthcare (NYSE:PBH)


Prestige Consumer Healthcare (NYSE:PBH) is the third most undervalued medical distribution stock based on WallStreetZen's Valuation Score. Prestige Consumer Healthcare has a valuation score of 57, which is 10 points higher than the medical distribution industry average of 47. It passed 4 out of 7 valuation due diligence checks.

Prestige Consumer Healthcare's stock has dropped -12.01% in the past year. It has underperformed other stocks in the medical distribution industry by -35 percentage points.

Are medical distribution stocks a good buy now?

57.14% of medical distribution stocks rated by analysts are a buy right now. On average, analysts expect medical distribution stocks to rise by 16.88% over the next year.

What is the average p/e ratio of the medical distribution industry?

The average P/E ratio of the medical distribution industry is 17.94x.
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