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NYSE:CAH - Cardinal Health Stock Price, Forecast & News

$53.82
-0.52 (-0.96 %)
(As of 12/11/2019 08:26 AM ET)
Today's Range
$53.45
Now: $53.82
$54.22
50-Day Range
$49.17
MA: $53.43
$56.37
52-Week Range
$41.03
Now: $53.82
$56.88
Volume1.82 million shs
Average Volume2.92 million shs
Market Capitalization$15.74 billion
P/E Ratio10.19
Dividend Yield3.53%
Beta1.34
Cardinal Health, Inc operates as an integrated healthcare services and products company in the United States and internationally. It provides medical products and pharmaceuticals, and solutions that enhance supply chain efficiency for hospitals, healthcare systems, pharmacies, ambulatory surgery centers, clinical laboratories, and physician offices. Read More…

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$145.53 billion
Cash Flow$8.52 per share
Book Value$21.24 per share

Profitability

Net Income$1.36 billion

Miscellaneous

Employees31,000
Market Cap$15.74 billion
Next Earnings Date2/6/2020 (Estimated)
OptionableOptionable

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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 Thursday, November 7th. Investors of record on Thursday, January 2nd will be paid a dividend of $0.481 per share on Wednesday, January 15th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 3.57%. The ex-dividend date of this dividend is Tuesday, December 31st. View Cardinal Health's Dividend History.

How will Cardinal Health's stock buyback program work?

Cardinal Health declared that its Board of Directors has initiated a share buyback plan on Thursday, November 8th 2018, which allows the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy up to 6.4% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's leadership believes its stock is undervalued.

How were Cardinal Health's earnings last quarter?

Cardinal Health Inc (NYSE:CAH) posted its earnings results on Thursday, November, 7th. The company reported $1.27 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.09 by $0.18. The business had revenue of $37.34 billion for the quarter, compared to analyst estimates of $36.75 billion. Cardinal Health had a positive return on equity of 32.25% and a negative net margin of 2.81%. The firm's quarterly revenue was up 6.0% compared to the same quarter last year. During the same quarter last year, the firm earned $1.29 EPS. 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 Thursday, February 6th 2020. View Earnings Estimates for Cardinal Health.

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

Cardinal Health issued an update on its FY 2020 Pre-Market earnings guidance on Monday, November, 25th. The company provided earnings per share (EPS) guidance of $4.85-5.10 for the period, compared to the Thomson Reuters consensus estimate of $4.99.

What price target have analysts set for CAH?

6 Wall Street analysts have issued 12 month price targets for Cardinal Health's shares. Their forecasts range from $41.00 to $55.00. On average, they expect Cardinal Health's share price to reach $49.25 in the next twelve months. This suggests that the stock has a possible downside of 8.5%. View Analyst Price Targets for Cardinal Health.

What is the consensus analysts' recommendation for Cardinal Health?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cardinal Health in the last year. There are currently 2 sell ratings, 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Cardinal Health.

Has Cardinal Health been receiving favorable news coverage?

News articles about CAH stock have trended positive this week, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Cardinal Health earned a coverage optimism score of 2.4 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 5.0 out of 10, meaning that recent press coverage is somewhat likely to have an effect on the stock's share price in the next few days. View News Stories for Cardinal Health.

Are investors shorting Cardinal Health?

Cardinal Health saw a decline in short interest during the month of October. As of October 31st, there was short interest totalling 18,470,000 shares, a decline of 7.9% from the September 30th total of 20,060,000 shares. Based on an average daily volume of 2,740,000 shares, the short-interest ratio is presently 6.7 days. Approximately 6.3% of the company's stock are short sold. View Cardinal Health's Current Options Chain.

Who are some of Cardinal Health's key competitors?

Some companies that are related to Cardinal Health include McKesson (MCK), AmerisourceBergen (ABC), Henry Schein (HSIC), Patterson Companies (PDCO) and Owens & Minor (OMI).

What other stocks do shareholders of Cardinal Health own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cardinal Health investors own include AT&T (T), AbbVie (ABBV), Johnson & Johnson (JNJ), Exxon Mobil (XOM), CVS Health (CVS), Becton Dickinson and (BDX), PepsiCo (PEP), General Electric (GE), Verizon Communications (VZ) and Chevron (CVX).

Who are Cardinal Health's key executives?

Cardinal Health's management team includes the folowing people:
  • Mr. Michael C. Kaufmann, CEO & Director (Age 56)
  • Mr. Jorge M. Gomez, Chief Financial Officer (Age 51)
  • Mr. Jon L. Giacomin, Chief Exec. Officer of Medical Segment (Age 54)
  • Mr. Stuart G. Laws, Sr. VP & Chief Accounting Officer (Age 56)
  • Mr. Brian S. Rice, Chief Information Officer, Exec. VP & Customer Support Services (Age 56)

Who are Cardinal Health's major shareholders?

Cardinal Health's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include State Street Corp (7.45%), Stifel Financial Corp (0.46%), OLD Republic International Corp (0.42%), Parametric Portfolio Associates LLC (0.41%), Sumitomo Mitsui Trust Holdings Inc. (0.40%) and Robeco Institutional Asset Management B.V. (0.34%). Company insiders that own Cardinal Health stock include 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 Wedge Capital Management L L P NC, Alberta Investment Management Corp, Great West Life Assurance Co. Can, Alps Advisors Inc., Parsec Financial Management Inc., CWM LLC, Dupont Capital Management Corp and Hartford Investment Management Co.. View Insider Buying and Selling for Cardinal Health.

Which institutional investors are buying Cardinal Health stock?

CAH stock was purchased by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., State Street Corp, First Trust Advisors LP, State of Tennessee Treasury Department, California Public Employees Retirement System, Man Group plc, Parametric Portfolio Associates LLC and GW Henssler & Associates Ltd.. 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, Robinhood, Fidelity and Charles Schwab.

What is Cardinal Health's stock price today?

One share of CAH stock can currently be purchased for approximately $53.82.

How big of a company is Cardinal Health?

Cardinal Health has a market capitalization of $15.74 billion and generates $145.53 billion in revenue each year. The company earns $1.36 billion in net income (profit) each year or $5.28 on an earnings per share basis. Cardinal Health employs 31,000 workers across the globe.View Additional Information About Cardinal Health.

What is Cardinal Health's official website?

The official website for Cardinal Health is http://www.cardinalhealth.com/.

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 (NYSE CAH)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  778 (Vote Outperform)
Underperform Votes:  528 (Vote Underperform)
Total Votes:  1,306
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 12/11/2019 by MarketBeat.com Staff

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