Cardinal Health Stock Price, News & Analysis (NYSE:CAH)

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

Cardinal Health declared a quarterly dividend on Thursday, August 8th. Investors of record on Tuesday, October 1st will be given a dividend of $0.4811 per share on Tuesday, October 15th. This represents a $1.92 annualized dividend and a yield of 3.92%. The ex-dividend date is Monday, September 30th. View Cardinal Health's Dividend History.

Cardinal Health declared that its board has authorized a stock buyback program on Thursday, November 8th 2018, which authorizes the company to repurchase $1,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 6.4% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's board of directors believes its stock is undervalued.

Cardinal Health Inc (NYSE:CAH) issued its quarterly earnings results on Thursday, August, 8th. The company reported $1.11 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.93 by $0.18. The business had revenue of $37.35 billion for the quarter, compared to the consensus estimate of $36.70 billion. Cardinal Health had a net margin of 0.94% and a return on equity of 25.96%. The firm's revenue was up 5.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.01 EPS. View Cardinal Health's Earnings History.

Cardinal Health is scheduled to release their next quarterly earnings announcement on Thursday, November 7th 2019. View Earnings Estimates for Cardinal Health.

Cardinal Health will be holding an earnings conference call on Thursday, November 7th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

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 earnings per share estimate of $5.10.

9 equities research analysts have issued 1 year price targets for Cardinal Health's stock. Their predictions range from $41.00 to $61.00. On average, they expect Cardinal Health's share price to reach $52.86 in the next year. This suggests a possible upside of 7.7% from the stock's current price. View Analyst Price Targets for Cardinal Health.

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

Media coverage about CAH stock has trended very negative recently, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of media 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 negative five to five, with scores nearest to five being the most favorable. Cardinal Health earned a coverage optimism score of -3.2 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Cardinal Health.

Cardinal Health saw a increase in short interest in September. As of September 30th, there was short interest totalling 21,200,000 shares, an increase of 5.3% from the August 30th total of 20,130,000 shares. Based on an average trading volume of 2,830,000 shares, the days-to-cover ratio is presently 7.5 days. Approximately 7.3% of the shares of the stock are sold short. View Cardinal Health's Current Options Chain.

Some companies that are related to Cardinal Health include McKesson (MCK), AmerisourceBergen (ABC), Herbalife Nutrition (HLF), Nu Skin Enterprises (NUS), PetIQ (PETQ), Trxade Group (TRXD), biOasis Technologies (BIOAF) and Aceto (ACET).

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), Pfizer (PFE) and Verizon Communications (VZ).

Cardinal Health's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Pacer Advisors Inc. (0.05%), Keystone Financial Planning Inc. (0.03%), Sumitomo Mitsui DS Asset Management Company Ltd (0.03%), Exane Derivatives (0.03%), DNB Asset Management AS (0.02%) and AI Financial Services LLC (0.02%). 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.

CAH stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Ferguson Wellman Capital Management Inc., Keystone Financial Planning Inc., Crossmark Global Holdings Inc., Trust Co. of Toledo NA OH, Bowling Portfolio Management LLC, North Star Investment Management Corp. and Signaturefd LLC. View Insider Buying and Selling for Cardinal Health.

CAH stock was acquired by a variety of institutional investors in the last quarter, including Exane Derivatives, Thomasville National Bank, Rockland Trust Co., Riverview Trust Co, CLARET ASSET MANAGEMENT Corp, IMS Capital Management, Advisor Partners LLC and Viking Fund Management LLC. View Insider Buying and Selling for 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.

One share of CAH stock can currently be purchased for approximately $49.07.

Cardinal Health has a market capitalization of $14.35 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.

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

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]