Log in

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

$44.38
-1.02 (-2.25 %)
(As of 03/27/2020 04:00 PM ET)
Today's Range
$43.16
Now: $44.38
$45.55
50-Day Range
$41.00
MA: $52.56
$60.42
52-Week Range
$39.05
Now: $44.38
$60.69
Volume3.05 million shs
Average Volume3.83 million shs
Market Capitalization$12.95 billion
P/E RatioN/A
Dividend Yield4.24%
Beta1.19
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.
Read More
Cardinal Health logo

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$8.49 per share
Book Value$21.24 per share

Profitability

Net Income$1.36 billion

Miscellaneous

Employees31,000
Market Cap$12.95 billion
Next Earnings Date5/14/2020 (Estimated)
OptionableOptionable

Receive CAH News and Ratings via Email

Sign-up to receive the latest news and ratings for CAH and its competitors with MarketBeat's FREE daily newsletter.


Cardinal Health (NYSE:CAH) Frequently Asked Questions

How has Cardinal Health's stock been impacted by COVID-19 (Coronavirus)?

Cardinal Health's stock was trading at $48.65 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, CAH stock has decreased by 8.8% and is now trading at $44.38. View which stocks have been mosted impacted by Coronavirus.

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

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cardinal Health in the last year. There are currently 1 sell rating, 7 hold ratings and 2 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, May 14th 2020. View our earnings forecast for Cardinal Health.

How were Cardinal Health's earnings last quarter?

Cardinal Health Inc (NYSE:CAH) issued its earnings results on Thursday, February, 6th. The company reported $1.52 EPS for the quarter, topping the consensus estimate of $1.22 by $0.30. The business had revenue of $39.77 billion for the quarter, compared to analyst estimates of $39.33 billion. Cardinal Health had a negative net margin of 2.81% and a positive return on equity of 45.21%. Cardinal Health's revenue was up 5.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.29 earnings per share. 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 Tuesday, February 11th. Shareholders of record on Wednesday, April 1st will be paid a dividend of $0.4811 per share on Wednesday, April 15th. This represents a $1.92 dividend on an annualized basis and a yield of 4.34%. The ex-dividend date of this dividend is Tuesday, March 31st. 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 announced that its Board of Directors has approved a share repurchase plan on Thursday, November 8th 2018, which permits the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 6.4% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's leadership believes its stock is undervalued.

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

Cardinal Health updated its FY20 earnings guidance on Thursday, February, 6th. The company provided earnings per share (EPS) guidance of $5.20-5.40 for the period, compared to the Thomson Reuters consensus EPS estimate of $5.00.

What price target have analysts set for CAH?

10 analysts have issued twelve-month price objectives for Cardinal Health's shares. Their forecasts range from $50.00 to $68.00. On average, they anticipate Cardinal Health's stock price to reach $56.88 in the next year. This suggests a possible upside of 28.2% from the stock's current price. View analysts' price targets for Cardinal Health.

Has Cardinal Health been receiving favorable news coverage?

Press coverage about CAH stock has trended extremely negative recently, InfoTrie Sentiment reports. InfoTrie identifies positive and negative news 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 -5 to 5, with scores closest to five being the most favorable. Cardinal Health earned a coverage optimism score of -4.0 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the next several days. View the latest news aboutCardinal Health.

Are investors shorting Cardinal Health?

Cardinal Health saw a drop in short interest in February. As of February 28th, there was short interest totaling 6,140,000 shares, a drop of 14.7% from the February 13th total of 7,200,000 shares. Based on an average daily volume of 2,770,000 shares, the days-to-cover ratio is currently 2.2 days. Currently, 2.1% of the company's shares are sold short. View Cardinal Health's Current Options Chain.

Who are some of Cardinal Health's key competitors?

Some companies that are related to Cardinal Health include McKesson (MCK), AmerisourceBergen (ABC), Henry Schein (HSIC), Patterson Companies (PDCO) and Owens & Minor (OMI).

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

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 variety of retail and institutional investors. Top institutional shareholders include State Street Corp (7.38%), Macquarie Group Ltd. (5.92%), Bank of New York Mellon Corp (2.68%), FMR LLC (2.14%), American International Group Inc. (1.97%) and Geode Capital Management LLC (1.70%). Company insiders that own Cardinal Health stock include Jon L Giacomin 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, Franklin Resources Inc., Franklin Resources Inc., American International Group Inc., Bank of New York Mellon Corp, FMR LLC, Renaissance Technologies LLC, and Assetmark Inc.. View insider buying and selling activity for Cardinal Health.

Which major investors are buying Cardinal Health stock?

CAH stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, Macquarie Group Ltd., Janus Henderson Group PLC, Exchange Traded Concepts LLC, Bank of Montreal Can, Pzena Investment Management LLC, Public Sector Pension Investment Board, and First Trust Advisors LP. 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 $44.38.

How big of a company is Cardinal Health?

Cardinal Health has a market capitalization of $12.95 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.

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:  834 (Vote Outperform)
Underperform Votes:  551 (Vote Underperform)
Total Votes:  1,385
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 3/28/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel