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.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Drugs, proprietaries, & sundries
Sub-IndustryHealth Care Distributors
SectorMedical
Current SymbolNYSE:CAH
Previous Symbol
CUSIP14149Y10
Phone614-757-5000
Debt
Debt-to-Equity Ratio1.35
Current Ratio1.06
Quick Ratio0.52
Price-To-Earnings
Trailing P/E Ratio11.46
Forward P/E Ratio11.44
P/E Growth1.77
Sales & Book Value
Annual Sales$136.81 billion
Price / Sales0.12
Cash Flow$8.6051 per share
Price / Cash6.66
Book Value$19.85 per share
Price / Book2.89
Profitability
EPS (Most Recent Fiscal Year)$5.00
Net Income$256 million
Net Margins0.53%
Return on Equity23.97%
Return on Assets3.97%
Miscellaneous
Employees32,300
Outstanding Shares297,940,000
Market Cap$16.66 billion
OptionableOptionable
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 Thursday, November 8th. Stockholders of record on Wednesday, January 2nd will be paid a dividend of $0.4763 per share on Tuesday, January 15th. This represents a $1.91 dividend on an annualized basis and a dividend yield of 3.32%. The ex-dividend date is Monday, December 31st. View Cardinal Health's Dividend History.
How will Cardinal Health's stock buyback program work?
Cardinal Health declared that its board has initiated a share repurchase program on Thursday, November 8th 2018, which authorizes the company to repurchase $1,000,000,000.00 in 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 typically an indication that the company's board of directors believes its shares are undervalued.
How were Cardinal Health's earnings last quarter?
Cardinal Health Inc (NYSE:CAH) released its earnings results on Thursday, November, 8th. The company reported $1.29 earnings per share for the quarter, beating the Zacks' consensus estimate of $1.08 by $0.21. The firm had revenue of $35.21 billion for the quarter, compared to analysts' expectations of $33.66 billion. Cardinal Health had a net margin of 0.53% and a return on equity of 23.97%. Cardinal Health's revenue was up 7.9% on a year-over-year basis. During the same period in the prior year, the company posted $1.09 EPS. View Cardinal Health's Earnings History.
When is Cardinal Health's next earnings date?
What guidance has Cardinal Health issued on next quarter's earnings?
Cardinal Health updated its FY19 earnings guidance on Thursday, November, 8th. The company provided earnings per share (EPS) guidance of $4.90-5.15 for the period, compared to the Thomson Reuters consensus EPS estimate of $5.00. Cardinal Health also updated its FY 2019 guidance to $4.90-5.15 EPS.
What price target have analysts set for CAH?
11 brokers have issued 1 year target prices for Cardinal Health's shares. Their predictions range from $40.00 to $75.00. On average, they anticipate Cardinal Health's share price to reach $60.8182 in the next year. This suggests a possible upside of 6.1% from the stock's current price. View Analyst Price Targets for Cardinal Health.
What is the consensus analysts' recommendation for Cardinal Health?
11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cardinal Health in the last year. There are currently 2 sell ratings, 7 hold ratings and 2 buy 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?
Media coverage about CAH stock has trended somewhat negative recently, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Cardinal Health earned a coverage optimism score of -1.3 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an impact on the company's share price in the next several days.
Are investors shorting Cardinal Health?
Cardinal Health saw a increase in short interest in September. As of September 28th, there was short interest totalling 14,430,812 shares, an increase of 39.3% from the September 14th total of 10,362,819 shares. Based on an average trading volume of 3,503,876 shares, the days-to-cover ratio is presently 4.1 days. Currently, 4.7% 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. Michael C. Kaufmann, CEO & Director (Age 55)
- Mr. Jorge M. Gomez, Chief Financial Officer (Age 50)
- Mr. Craig S. Morford, Chief Legal & Compliance Officer (Age 59)
- Mr. Jon L. Giacomin, Chief Exec. Officer of Medical Segment (Age 53)
- Mr. Stuart G. Laws, Sr. VP & Chief Accounting Officer (Age 55)
Who are Cardinal Health's major shareholders?
Cardinal Health's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.00%), FMR LLC (2.66%), Bank of New York Mellon Corp (2.61%), American International Group Inc. (2.46%), American Century Companies Inc. (1.68%) and Baupost Group LLC MA (1.59%). Company insiders that own Cardinal Health stock include 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 Bridgewater Associates LP, JPMorgan Chase & Co., JPMorgan Chase & Co., FMR LLC, Mitsubishi UFJ Trust & Banking Corp, Baupost Group LLC MA, Pzena Investment Management LLC and BlackRock Inc.. Company insiders that have sold Cardinal Health company stock in the last year include Jon L Giacomin, Michael C Kaufmann, Patricia Morrison 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 Renaissance Technologies LLC, Bank of New York Mellon Corp, Deutsche Bank AG, Panagora Asset Management Inc., American Century Companies Inc., Schroder Investment Management Group, Wells Fargo & Company MN and Great West Life Assurance Co. Can. 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 $57.31.
How big of a company is Cardinal Health?
Cardinal Health has a market capitalization of $16.66 billion and generates $136.81 billion in revenue each year. The company earns $256 million in net income (profit) each year or $5.00 on an earnings per share basis. Cardinal Health employs 32,300 workers across the globe.
What is Cardinal Health's official website?
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)
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.
