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

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$54.25 +0.15 (+0.28 %)
(As of 06/20/2018 04:00 PM ET)
Previous Close$54.10
Today's Range$53.53 - $54.44
52-Week Range$50.79 - $80.37
Volume1.83 million shs
Average Volume3.17 million shs
Market Capitalization$16.47 billion
P/E Ratio10.06
Dividend Yield3.49%
Beta0.99
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 Ratio10.06
Forward P/E Ratio11.03
P/E Growth1.59

Sales & Book Value

Annual Sales$129.98 billion
Price / Sales0.13
Cash Flow$7.9197 per share
Price / Cash6.85
Book Value$21.62 per share
Price / Book2.51

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 announced a quarterly dividend on Wednesday, May 9th. Investors of record on Monday, July 2nd will be paid a dividend of $0.476 per share on Sunday, July 15th. This represents a $1.90 annualized dividend and a dividend yield of 3.51%. The ex-dividend date of this dividend is Friday, June 29th. This is a positive change 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 declared that its board has authorized a stock repurchase plan on Thursday, February 8th 2018, which allows the company to buyback $1,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback plans are generally a sign that the company's board of directors 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 for the quarter, missing the Zacks' consensus estimate of $1.51 by $0.12. The company earned $33.63 billion during the quarter, compared to the consensus estimate 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 earnings per share guidance of $4.85-4.95 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $5.42.

What price target have analysts set for CAH?

15 Wall Street analysts have issued twelve-month price targets for Cardinal Health's shares. Their forecasts range from $55.00 to $85.00. On average, they anticipate Cardinal Health's stock 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 in 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 daily trading volume, of 5,195,453 shares, the days-to-cover ratio is presently 1.8 days. Approximately 2.9% of the company's stock are short sold. View Cardinal Health's Current Options Chain.

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 coverage about CAH stock has trended positive on Wednesday, according to Accern Sentiment. The research group rates the sentiment of media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Cardinal Health earned a daily sentiment score of 0.44 on Accern's scale. They also gave news stories about the company an impact score of 47.78 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next several days.

Who are Cardinal Health's major shareholders?

Cardinal Health's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders 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 major 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 major investors are buying Cardinal Health stock?

CAH stock was bought 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 $54.25.

How big of a company is Cardinal Health?

Cardinal Health has a market capitalization of $16.47 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:  538 (Vote Outperform)
Underperform Votes:  372 (Vote Underperform)
Total Votes:  910
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 6/20/2018 by MarketBeat.com Staff

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