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

$43.19
+1.19 (+2.83 %)
(As of 08/18/2019 04:00 PM ET)
Today's Range
$41.91
Now: $43.19
$43.32
50-Day Range
$42.21
MA: $45.81
$48.28
52-Week Range
$41.03
Now: $43.19
$58.31
Volume1.90 million shs
Average Volume3.25 million shs
Market Capitalization$12.87 billion
P/E Ratio8.18
Dividend Yield4.58%
Beta1.28
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$8.9236 per share
Book Value$21.24 per share

Profitability

Net Income$1.36 billion

Miscellaneous

Employees32,300
Market Cap$12.87 billion
Next Earnings Date11/14/2019 (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, May 9th. Shareholders of record on Monday, July 1st will be given a dividend of $0.4811 per share on Monday, July 15th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 4.46%. The ex-dividend date is Friday, June 28th. This is a positive change from Cardinal Health's previous quarterly dividend of $0.48. View Cardinal Health's Dividend History.

How will Cardinal Health's stock buyback program work?

Cardinal Health declared that its Board of Directors has approved a share repurchase plan on Thursday, November 8th 2018, which allows the company to buyback $1,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 6.4% of its shares 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, August, 8th. The company reported $1.11 EPS for the quarter, topping the Zacks' consensus estimate of $0.93 by $0.18. The company had revenue of $37.35 billion for the quarter, compared to analysts' expectations of $36.70 billion. Cardinal Health had a return on equity of 25.96% and a net margin of 0.94%. The business's quarterly revenue was up 5.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.01 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, November 14th 2019. View Earnings Estimates for Cardinal Health.

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

Cardinal Health updated its FY20 earnings guidance on Thursday, August, 8th. The company provided EPS guidance of $4.85 to $5.10 for the period, compared to the Thomson Reuters consensus estimate of $5.10.

What price target have analysts set for CAH?

7 analysts have issued 1 year price targets for Cardinal Health's shares. Their forecasts range from $50.00 to $61.00. On average, they expect Cardinal Health's share price to reach $54.1667 in the next year. This suggests a possible upside of 25.4% from the stock's current price. View Analyst Price Targets for Cardinal Health.

What is the consensus analysts' recommendation for Cardinal Health?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cardinal Health in the last year. There are currently 2 sell ratings and 5 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Cardinal Health.

Has Cardinal Health been receiving favorable news coverage?

Press coverage about CAH stock has been trending negative on Sunday, according to InfoTrie Sentiment. The research firm scores the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Cardinal Health earned a news impact score of -2.3 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for Cardinal Health.

Are investors shorting Cardinal Health?

Cardinal Health saw a drop in short interest during the month of July. As of July 15th, there was short interest totalling 14,299,400 shares, a drop of 13.8% from the June 15th total of 16,586,500 shares. Based on an average trading volume of 2,780,000 shares, the days-to-cover ratio is presently 5.1 days. Approximately 4.8% of the shares of the company are sold short. View Cardinal Health's Current Options Chain.

Who are some of Cardinal Health's key competitors?

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), CVS Health (CVS), Exxon Mobil (XOM), Becton Dickinson and (BDX), General Electric (GE), Gilead Sciences (GILD), Chevron (CVX) and Verizon Communications (VZ).

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 many different of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (12.01%), BlackRock Inc. (7.27%), Bank of New York Mellon Corp (2.76%), Invesco Ltd. (2.73%), Price T Rowe Associates Inc. MD (1.41%) and Northern Trust Corp (1.34%). 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 major investors are selling Cardinal Health stock?

CAH stock was sold by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, Barrow Hanley Mewhinney & Strauss LLC, BlackRock Inc., Morgan Stanley, Van ECK Associates Corp, Russell Investments Group Ltd., First Trust Advisors LP and Renaissance Technologies LLC. Company insiders that have sold Cardinal Health company stock in the last year include Jon L Giacomin and Stuart G Laws. View Insider Buying and Selling for Cardinal Health.

Which major investors are buying Cardinal Health stock?

CAH stock was acquired by a variety of institutional investors in the last quarter, including Swedbank, Invesco Ltd., Nuveen Asset Management LLC, Vanguard Group Inc., Pzena Investment Management LLC, Royal Bank of Canada, AXA and Canada Pension Plan Investment Board. 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 $43.19.

How big of a company is Cardinal Health?

Cardinal Health has a market capitalization of $12.87 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 32,300 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:  729 (Vote Outperform)
Underperform Votes:  499 (Vote Underperform)
Total Votes:  1,228
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 8/18/2019 by MarketBeat.com Staff

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