NYSE:CAHCardinal Health Stock Price, Forecast & News

$54.70

+0.01 (+0.02 %)

(As of 06/1/2020 04:00 PM ET)

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Today's Range

$54.14

Now: $54.70▼

$55.07

50-Day Range

$47.02

MA: $50.44▼

$54.37

52-Week Range

$39.05

Now: $54.70▼

$60.69

Volume1.25 million shs

Average Volume2.98 million shs

Market Capitalization$15.97 billion

P/E RatioN/A

Dividend Yield3.51%

Beta0.99

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.

Beat the Market (BTM) Rank^™

2.1 Analyst's Opinion

Consensus Rating
Cardinal Health has received a consensus rating of Hold. The company's average rating score is 2.27, and is based on 3 buy ratings, 8 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $57.30, Cardinal Health has a potential upside of 4.8% from its current price of $54.70.
Amount of Analyst Coverage
Cardinal Health has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0 Community Rank

Outperform Votes
Cardinal Health has received 844 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Cardinal Health has received 560 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Cardinal Health has received 60.11% “outperform” votes from our community.

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.

5.0 Dividend Strength

Dividend Leadership
Cardinal Health is a leading dividend payer. It pays a dividend yield of 3.51%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Cardinal Health has been increasing its dividend for 15 years.
Dividend Coverage
The dividend payout ratio of Cardinal Health is 36.36 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Cardinal Health will have a dividend payout ratio of 35.89 % next year. This indicates that Cardinal Health will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Cardinal Health insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.30% of the stock of Cardinal Health is held by insiders.
Percentage Held by Institutions
84.30% of the stock of Cardinal Health is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Cardinal Health are expected to grow by 0.94% in the coming year, from $5.30 to $5.35 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Cardinal Health is -3.89, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Cardinal Health is -3.89, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
Cardinal Health has a PEG Ratio of 2.37. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Cardinal Health has a P/B Ratio of 2.58. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.35 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Drugs, proprietaries, & sundries

Sub-IndustryHealth Care Distributors

SectorMedical

Current SymbolNYSE:CAH

Previous Symbol

CUSIP14149Y10

CIK721371

Webwww.cardinalhealth.com

Phone614-757-5000

Debt

Debt-to-Equity Ratio5.60

Current Ratio1.05

Quick Ratio0.53

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E Ratio10.32

P/E Growth2.37

Sales & Book Value

Annual Sales$145.53 billion

Price / Sales0.11

Cash Flow$8.68 per share

Price / Cash Flow6.30

Book Value$21.24 per share

Price / Book2.58

Profitability

EPS (Most Recent Fiscal Year)$5.28

Net Income$1.36 billion

Net Margins-2.71%

Return on Equity69.23%

Return on Assets4.03%

Miscellaneous

Employees31,000

Outstanding Shares291,986,000

Market Cap$15.97 billion

Next Earnings Date8/13/2020 (Estimated)

OptionableOptionable

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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 (WHO). Since then, CAH shares have increased by 12.4% and is now trading at $54.70. View which stocks have been most impacted by Coronavirus.

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

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cardinal Health in the last year. There are currently 8 hold ratings and 3 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, August 13th 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 Monday, May, 11th. The company reported $1.62 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.43 by $0.19. The company earned $39.16 billion during the quarter, compared to the consensus estimate of $37.04 billion. Cardinal Health had a negative net margin of 2.71% and a positive return on equity of 69.23%. The business's quarterly revenue was up 11.2% on a year-over-year basis. During the same period in the prior year, the business posted $1.59 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 announced a quarterly dividend on Monday, May 11th. Shareholders of record on Wednesday, July 1st will be given a dividend of $0.486 per share on Wednesday, July 15th. This represents a $1.94 annualized dividend and a dividend yield of 3.55%. The ex-dividend date of this dividend is Tuesday, June 30th. This is an increase 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 declared that its Board of Directors has initiated a stock repurchase program 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 reacquire up to 6.4% of its stock through open market purchases. Stock repurchase programs are often an indication that the company's board of directors believes its stock is undervalued.

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

Cardinal Health issued an update on its FY20 earnings guidance on Monday, May, 11th. The company provided earnings per share (EPS) guidance of $5.20-5.40 for the period, compared to the Thomson Reuters consensus estimate of $5.00.

What price target have analysts set for CAH?

11 analysts have issued 1-year price objectives for Cardinal Health's stock. Their forecasts range from $50.00 to $68.00. On average, they expect Cardinal Health's share price to reach $57.30 in the next twelve months. This suggests a possible upside of 4.8% from the stock's current price. View analysts' price targets for Cardinal Health.

Has Cardinal Health been receiving favorable news coverage?

Media stories about CAH stock have been trending extremely positive on Monday, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Cardinal Health earned a news sentiment score of 5.0 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news aboutCardinal Health.

Are investors shorting Cardinal Health?

Cardinal Health saw a decrease in short interest during the month of May. As of May 15th, there was short interest totaling 3,940,000 shares, a decrease of 10.5% from the April 30th total of 4,400,000 shares. Based on an average daily volume of 3,140,000 shares, the days-to-cover ratio is presently 1.3 days. Currently, 1.4% of the shares of the stock are short sold. 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). View all 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), Johnson & Johnson (JNJ), AT&T (T), Exxon Mobil (XOM), CVS Health (CVS), Gilead Sciences (GILD), Verizon Communications (VZ), Becton Dickinson and (BDX), PepsiCo (PEP) and Pfizer (PFE).

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 institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.89%), State Street Corp (6.85%), Bank of New York Mellon Corp (2.36%), Geode Capital Management LLC (1.72%), American International Group Inc. (1.66%) and Invesco Ltd. (1.59%). Company insiders that own Cardinal Health stock include Jon L Giacomin 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 Invesco Ltd., Franklin Resources Inc., State Street Corp, APG Asset Management N.V., Bank of New York Mellon Corp, Pzena Investment Management LLC, American International Group Inc., and First Trust Advisors LP. View insider buying and selling activity for Cardinal Health.

Which institutional investors are buying Cardinal Health stock?

CAH stock was acquired by a variety of institutional investors in the last quarter, including Prudential PLC, AJO LP, Miller Howard Investments Inc. NY, Alyeska Investment Group L.P., BlackRock Inc., Schroder Investment Management Group, Sumitomo Mitsui Trust Holdings Inc., and Robeco Institutional Asset Management B.V.. 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 $54.70.

How big of a company is Cardinal Health?

Cardinal Health has a market capitalization of $15.97 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.

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 6/1/2020 by MarketBeat.com Staff