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
Industry Drugs, proprietaries, & sundries
Sub-IndustryHealth Care Distributors
SectorMedical
Phone614-757-5000
Debt
Current Ratio1.06
Quick Ratio0.52
Price-To-Earnings
Sales & Book Value
Annual Sales$136.81 billion
Price / Sales0.11
Price / Cash Flow5.67
Price / Book2.47
Profitability
Net Income$256 million
Net Margins0.53%
Return on Assets3.97%
Miscellaneous
Employees32,300
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. Investors 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 annualized dividend and a yield of 3.94%. 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 of Directors has approved a share buyback plan on Thursday, November 8th 2018, which allows the company to repurchase $1,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 6.4% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's board believes its shares are undervalued.
How were Cardinal Health's earnings last quarter?
Cardinal Health Inc (NYSE:CAH) announced its quarterly earnings data on Thursday, November, 8th. The company reported $1.29 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.08 by $0.21. The firm earned $35.21 billion during the quarter, compared to the consensus estimate of $33.66 billion. Cardinal Health had a return on equity of 23.97% and a net margin of 0.53%. The company's revenue for the quarter was up 7.9% on a year-over-year basis. During the same quarter last year, the business earned $1.09 earnings per share. View Cardinal Health's Earnings History.
When is Cardinal Health's next earnings date?
How can I listen to Cardinal Health's earnings call?
Cardinal Health will be holding an earnings conference call on Thursday, February 7th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.
What guidance has Cardinal Health issued on next quarter's earnings?
Cardinal Health issued an update on its FY19 earnings guidance on Thursday, November, 8th. The company provided earnings per share guidance of $4.90-5.15 for the period, compared to the Thomson Reuters consensus 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?
10 brokers have issued 12 month price targets for Cardinal Health's stock. Their predictions range from $50.00 to $75.00. On average, they expect Cardinal Health's stock price to reach $58.90 in the next twelve months. This suggests a possible upside of 21.9% from the stock's current price. View Analyst Price Targets for Cardinal Health.
What is the consensus analysts' recommendation for Cardinal Health?
10 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 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Cardinal Health.
Has Cardinal Health been receiving favorable news coverage?
News coverage about CAH stock has trended positive recently, according to InfoTrie Sentiment. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Cardinal Health earned a coverage optimism score of 2.6 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 8.0 out of 10, meaning that recent news coverage is very likely to have an impact on the stock's share price in the near term.
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 56)
- Mr. Jorge M. Gomez, Chief Financial Officer (Age 51)
- Mr. Craig S. Morford, Chief Legal & Compliance Officer (Age 60)
- Mr. Jon L. Giacomin, Chief Exec. Officer of Medical Segment (Age 54)
- Mr. Stuart G. Laws, Sr. VP & Chief Accounting Officer (Age 56)
Who are Cardinal Health's major shareholders?
Cardinal Health's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Gulf International Bank UK Ltd (0.02%), DNB Asset Management AS (0.01%), Ferguson Wellman Capital Management Inc. (0.01%), QUANTRES ASSET MANAGEMENT Ltd (0.01%), Oakbrook Investments LLC (0.01%) and Meeder Asset Management Inc. (0.01%). 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 institutional investors are selling Cardinal Health stock?
CAH stock was sold by a variety of institutional investors in the last quarter, including Denali Advisors LLC, Gulf International Bank UK Ltd, DNB Asset Management AS, CX Institutional, Riverbridge Partners LLC, Ferguson Wellman Capital Management Inc., Louisiana State Employees Retirement System and First Citizens Bank & Trust Co.. 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 institutional investors are buying Cardinal Health stock?
CAH stock was purchased by a variety of institutional investors in the last quarter, including QUANTRES ASSET MANAGEMENT Ltd, Meeder Asset Management Inc., Oakbrook Investments LLC, Virtu Financial LLC, Cerebellum GP LLC, First Hawaiian Bank, DORCHESTER WEALTH MANAGEMENT Co and Steward Partners Investment Advisory LLC. 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 $48.31.
How big of a company is Cardinal Health?
Cardinal Health has a market capitalization of $14.19 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.
