NYSE:CAH - Cardinal Health Stock Price, Price Target & More

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$54.75 +0.13 (+0.24 %)
(As of 06/18/2018 02:03 AM ET)
Previous Close$54.75
Today's Range$54.33 - $55.08
52-Week Range$50.79 - $80.37
Volume5.36 million shs
Average Volume2.74 million shs
Market Capitalization$17.01 billion
P/E Ratio10.14
Dividend Yield3.38%
Beta0.99

About Cardinal Health (NYSE:CAH)

Cardinal Health logoCardinal Health, Inc. operates as an integrated healthcare services and products company worldwide. The company's Pharmaceutical segment distributes branded and generic pharmaceutical, specialty pharmaceutical, over-the-counter healthcare, and consumer products to retailers, hospitals, and other healthcare providers. It offers distribution, inventory management, data reporting, new product launch support, and chargeback administration services to pharmaceutical manufacturers; pharmacy and medication therapy management, and patient outcomes services to hospitals, other healthcare providers, and payers; and consulting, patient support, and other services to pharmaceutical manufacturers and healthcare providers. This segment also operates nuclear pharmacies and manufacturing facilities that manufacture, prepare, and deliver radiopharmaceuticals, as well as operates direct-to-patient specialty pharmacies; offers logistics, marketing, and other services; and repackages generic pharmaceuticals and over-the-counter healthcare products. The company's Medical segment manufactures and sources medical, surgical, and laboratory products, including cardiovascular and endovascular products; wound care products; surgical drapes, gowns, and apparel; exam and surgical gloves; fluid suction and collection systems; and incontinence, enteral feeding, urology, operating room supply, electrode and needle, and syringe and sharps disposal product lines. It also distributes medical, surgical, and laboratory products to hospitals, ambulatory surgery centers, clinical laboratories, and other healthcare providers, as well as to patients in the home; and assembles and sells sterile and non-sterile procedure kits. In addition, it offers supply chain services to healthcare providers; and post-acute care management, and transition services and software to hospitals, other healthcare providers, and payers. Cardinal Health, Inc. was founded in 1979 and is headquartered in Dublin, Ohio.

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Industry, Sector and Symbol

Industry Drugs, proprietaries, & sundries
Sub-IndustryHealth Care Distributors
SectorMedical
SymbolNYSE:CAH
CUSIP14149Y10
Phone614-757-5000

Debt

Debt-to-Equity Ratio1.20
Current Ratio1.10
Quick Ratio0.54

Price-To-Earnings

Trailing P/E Ratio10.14
Forward P/E Ratio11.13
P/E Growth1.64

Sales & Book Value

Annual Sales$129.98 billion
Price / Sales0.13
Cash Flow$7.7331 per share
Price / Cash7.08
Book Value$21.62 per share
Price / Book2.53

Profitability

EPS (Most Recent Fiscal Year)$5.40
Net Income$1.29 billion
Net Margins1.26%
Return on Equity23.39%
Return on Assets4.04%

Miscellaneous

Employees28,000
Outstanding Shares310,680,000

Cardinal Health (NYSE:CAH) Frequently Asked Questions

What is Cardinal Health's stock symbol?

Cardinal Health trades on the New York Stock Exchange (NYSE) under the ticker symbol "CAH."

How often does Cardinal Health pay dividends? What is the dividend yield for Cardinal Health?

Cardinal Health declared a quarterly dividend on Wednesday, May 9th. Investors of record on Monday, July 2nd will be given a dividend of $0.476 per share on Sunday, July 15th. This represents a $1.90 annualized dividend and a yield of 3.48%. The ex-dividend date of this dividend is Friday, June 29th. This is a boost from Cardinal Health's previous quarterly dividend of $0.46. View Cardinal Health's Dividend History.

How will Cardinal Health's stock buyback program work?

Cardinal Health announced that its board has initiated a stock buyback program on Thursday, February 8th 2018, which authorizes the company to buyback $1,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to buy shares of its stock through open market purchases. Stock buyback programs are usually a sign that the company's leadership believes its stock is undervalued.

How were Cardinal Health's earnings last quarter?

Cardinal Health Inc (NYSE:CAH) released its quarterly earnings results on Thursday, May, 3rd. The company reported $1.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.51 by $0.12. The company earned $33.63 billion during the quarter, compared to analyst estimates of $33.61 billion. Cardinal Health had a net margin of 1.26% and a return on equity of 23.39%. View Cardinal Health's Earnings History.

When is Cardinal Health's next earnings date?

Cardinal Health is scheduled to release their next quarterly earnings announcement on Tuesday, July, 31st 2018. View Earnings Estimates for Cardinal Health.

What guidance has Cardinal Health issued on next quarter's earnings?

Cardinal Health issued an update on its FY18 earnings guidance on Thursday, May, 3rd. The company provided EPS guidance of $4.85-4.95 for the period, compared to the Thomson Reuters consensus EPS estimate of $5.42.

What price target have analysts set for CAH?

15 equities research analysts have issued 12 month target prices for Cardinal Health's shares. Their predictions range from $55.00 to $85.00. On average, they expect Cardinal Health's share price to reach $69.7692 in the next year. View Analyst Ratings for Cardinal Health.

Are investors shorting Cardinal Health?

Cardinal Health saw a decrease in short interest during the month of May. As of May 15th, there was short interest totalling 9,109,975 shares, a decrease of 33.6% from the April 30th total of 13,723,348 shares. Based on an average trading volume of 5,195,453 shares, the days-to-cover ratio is presently 1.8 days. Currently, 2.9% of the shares of the company are short sold.

Who are some of Cardinal Health's key competitors?

Who are Cardinal Health's key executives?

Cardinal Health's management team includes the folowing people:
  • Mr. George S. Barrett, Exec. Chairman (Age 63)
  • Mr. Michael C. Kaufmann, CEO & Director (Age 55)
  • Mr. Craig S. Morford, Chief Legal & Compliance Officer (Age 59)
  • Mr. Jon L. Giacomin, Chief Exec. Officer of Medical Segment (Age 53)
  • Mr. Donald M. Casey Jr., Chief Exec. Officer of Medical Segment (Age 58)

Has Cardinal Health been receiving favorable news coverage?

Media stories about CAH stock have been trending somewhat positive on Monday, according to Accern. The research firm identifies negative and positive media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Cardinal Health earned a coverage optimism score of 0.11 on Accern's scale. They also gave news headlines about the company an impact score of 46.55 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.

Who are Cardinal Health's major shareholders?

Cardinal Health's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.73%), Barrow Hanley Mewhinney & Strauss LLC (5.98%), American International Group Inc. (2.51%), Boston Partners (1.94%), Franklin Resources Inc. (1.81%) and Northern Trust Corp (1.37%). Company insiders that own Cardinal Health stock include Craig S Morford, Donald M Jr Casey, George S Barrett, Jon L Giacomin, Michael C Kaufmann, Patricia Morrison and Stuart G Laws. View Institutional Ownership Trends for Cardinal Health.

Which institutional investors are selling Cardinal Health stock?

CAH stock was sold by a variety of institutional investors in the last quarter, including Element Capital Management LLC, Franklin Resources Inc., JPMorgan Chase & Co., American Century Companies Inc., BlackRock Inc., Thompson Siegel & Walmsley LLC, LSV Asset Management and DekaBank Deutsche Girozentrale. Company insiders that have sold Cardinal Health company stock in the last year include Jon L Giacomin, Michael C Kaufmann and Patricia Morrison. View Insider Buying and Selling for Cardinal Health.

Which institutional investors are buying Cardinal Health stock?

CAH stock was acquired by a variety of institutional investors in the last quarter, including Boston Partners, Pzena Investment Management LLC, Point72 Asset Management L.P., Schwab Charles Investment Management Inc., Barrow Hanley Mewhinney & Strauss LLC, Russell Investments Group Ltd., Wedge Capital Management L L P NC and Roystone Capital Management LP. View Insider Buying and Selling for Cardinal Health.

How do I buy shares of Cardinal Health?

Shares of CAH can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Cardinal Health's stock price today?

One share of CAH stock can currently be purchased for approximately $54.75.

How big of a company is Cardinal Health?

Cardinal Health has a market capitalization of $17.01 billion and generates $129.98 billion in revenue each year. The company earns $1.29 billion in net income (profit) each year or $5.40 on an earnings per share basis. Cardinal Health employs 28,000 workers across the globe.

How can I contact Cardinal Health?

Cardinal Health's mailing address is 7000 CARDINAL PLACE, DUBLIN OH, 43017. The company can be reached via phone at 614-757-5000 or via email at [email protected]


MarketBeat Community Rating for Cardinal Health (CAH)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  536 (Vote Outperform)
Underperform Votes:  371 (Vote Underperform)
Total Votes:  907
MarketBeat's community ratings are surveys of what our community members think about Cardinal Health and other stocks. Vote "Outperform" if you believe CAH will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CAH will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/18/2018 by MarketBeat.com Staff

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