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NYSE:CAH

Cardinal Health Stock Forecast, Price & News

$47.68
+0.38 (+0.80 %)
(As of 09/18/2020 12:00 AM ET)
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Today's Range
$47.23
Now: $47.68
$48.33
50-Day Range
$46.55
MA: $51.49
$58.04
52-Week Range
$39.05
Now: $47.68
$60.69
Volume4.23 million shs
Average Volume2.70 million shs
Market Capitalization$13.94 billion
P/E RatioN/A
Dividend Yield4.10%
Beta0.94
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. The company operates through two segments, Pharmaceutical and Medical. The Pharmaceutical segment distributes branded and generic pharmaceutical, specialty pharmaceutical, and over-the-counter healthcare and consumer products. It also provides services to support the development, marketing, and distribution of specialty pharmaceutical products, as well as pharmacy management, and medication therapy management and patient outcomes services to hospitals, other healthcare providers, and payers; operates nuclear pharmacies and radiopharmaceutical manufacturing facilities; and repackages generic pharmaceuticals and over-the-counter healthcare products. The Medical segment manufactures, sources, and distributes Cardinal Health branded medical, surgical, and laboratory products. It also distributes a range of national brand products; and medical products to patients' homes, as well as provides supply chain services and solutions to hospitals, ambulatory surgery centers, clinical laboratories, and other healthcare providers. Cardinal Health, Inc. was founded in 1979 and is headquartered in Dublin, Ohio.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.2Community Rank: 3.0Dividend Strength: 5.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.57 out of 5 stars


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$152.92 billion
Cash Flow$8.73 per share
Book Value$6.14 per share

Profitability

Net Income$-3,696,000,000.00

Miscellaneous

Employees30,000
Market Cap$13.94 billion
Next Earnings Date11/5/2020 (Estimated)
OptionableOptionable
$47.68
+0.38 (+0.80 %)
(As of 09/18/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Cardinal Health (NYSE:CAH) Frequently Asked Questions

How has Cardinal Health's stock been impacted by Coronavirus?

Cardinal Health's stock was trading at $48.65 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, CAH stock has decreased by 2.0% and is now trading at $47.68.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Cardinal Health?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cardinal Health in the last year. There are currently 5 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Cardinal Health
.

When is Cardinal Health's next earnings date?

Cardinal Health is scheduled to release its next quarterly earnings announcement on Thursday, November 5th 2020.
View our earnings forecast for Cardinal Health
.

How were Cardinal Health's earnings last quarter?

Cardinal Health Inc (NYSE:CAH) posted its quarterly earnings results on Thursday, August, 6th. The company reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.91 by $0.13. The business earned $36.70 billion during the quarter, compared to the consensus estimate of $36.82 billion. Cardinal Health had a negative net margin of 2.42% and a positive return on equity of 130.94%. The business's revenue was down 1.7% compared to the same quarter last year. During the same period last year, the firm posted $1.11 EPS.
View Cardinal Health's earnings history
.

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

Cardinal Health declared a quarterly dividend on Friday, August 7th. Shareholders of record on Thursday, October 1st will be paid a dividend of $0.4859 per share on Thursday, October 15th. This represents a $1.94 dividend on an annualized basis and a dividend yield of 4.08%. The ex-dividend date is Wednesday, September 30th.
View Cardinal Health's dividend history
.

How will Cardinal Health's stock buyback program work?

Cardinal Health announced that its Board of Directors has approved a stock buyback plan on Thursday, November 8th 2018, which authorizes the company to buyback $1,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 6.4% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's management believes its stock is undervalued.

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

Cardinal Health issued an update on its FY21 earnings guidance on Thursday, August, 6th. The company provided earnings per share guidance of $5.25-5.65 for the period, compared to the Thomson Reuters consensus estimate of $5.25.

What price target have analysts set for CAH?

9 brokerages have issued 1 year price targets for Cardinal Health's stock. Their forecasts range from $53.00 to $68.00. On average, they anticipate Cardinal Health's stock price to reach $59.63 in the next year. This suggests a possible upside of 25.1% from the stock's current price.
View analysts' price targets for Cardinal Health
.

Are investors shorting Cardinal Health?

Cardinal Health saw a decrease in short interest in the month of August. As of August 14th, there was short interest totaling 4,320,000 shares, a decrease of 15.3% from the July 30th total of 5,100,000 shares. Based on an average daily volume of 2,370,000 shares, the days-to-cover ratio is currently 1.8 days. Approximately 1.5% of the company's shares are short sold.
View Cardinal Health's Short Interest
.

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 AbbVie (ABBV), AT&T (T), Johnson & Johnson (JNJ), CVS Health (CVS), Exxon Mobil (XOM), Pfizer (PFE), Intel (INTC), Chevron (CVX), PepsiCo (PEP) and Cisco Systems (CSCO).

Who are Cardinal Health's key executives?

Cardinal Health's management team includes the following 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)

What is Cardinal Health's stock symbol?

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

Who are Cardinal Health's major shareholders?

Cardinal Health's stock is owned by a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (12.40%), Macquarie Group Ltd. (4.32%), Bank of New York Mellon Corp (2.36%), FMR LLC (2.00%), American International Group Inc. (1.40%) and LSV Asset Management (1.06%).
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 Charles Schwab Investment Management Inc., Macquarie Group Ltd., FMR LLC, American International Group Inc., Alyeska Investment Group L.P., Vanguard Group Inc., ProShare Advisors LLC, and Victory Capital Management Inc..
View insider buying and selling activity for Cardinal Health
.

Which institutional investors are buying Cardinal Health stock?

CAH stock was bought by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, AJO LP, PGGM Investments, Wedge Capital Management L L P NC, Prudential PLC, Man Group plc, Robeco Institutional Asset Management B.V., and Great West Life Assurance Co. Can.
View insider buying and selling activity 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 $47.68.

How big of a company is Cardinal Health?

Cardinal Health has a market capitalization of $13.94 billion and generates $152.92 billion in revenue each year. The company earns $-3,696,000,000.00 in net income (profit) each year or $5.45 on an earnings per share basis. Cardinal Health employs 30,000 workers across the globe.

What is Cardinal Health's official website?

The official website for Cardinal Health is 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]

This page was last updated on 9/19/2020 by MarketBeat.com Staff

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