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
Price-To-Earnings
Sales & Book Value
Annual Sales$136.81 billion
Profitability
Miscellaneous
Employees32,300
Next Earnings Date5/2/2019 (Estimated)
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 Friday, February 8th. Stockholders of record on Monday, April 1st will be paid a dividend of $0.4763 per share on Monday, April 15th. This represents a $1.91 annualized dividend and a dividend yield of 3.92%. The ex-dividend date of this dividend is Friday, March 29th. View Cardinal Health's Dividend History.
How will Cardinal Health's stock buyback program work?
Cardinal Health declared that its board has initiated a stock buyback program on Thursday, November 8th 2018, which authorizes the company to buyback $1,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 6.4% of its stock through open market purchases. Stock buyback programs are generally an indication that the company's management believes its stock is undervalued.
How were Cardinal Health's earnings last quarter?
Cardinal Health Inc (NYSE:CAH) released its quarterly earnings data on Thursday, February, 7th. The company reported $1.29 EPS for the quarter, beating the Zacks' consensus estimate of $1.09 by $0.20. The company earned $37.70 billion during the quarter, compared to the consensus estimate of $36.09 billion. Cardinal Health had a negative net margin of 0.03% and a positive return on equity of 24.01%. The firm's quarterly revenue was up 7.1% compared to the same quarter last year. During the same period last year, the firm posted $1.31 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, February, 7th. The company provided EPS guidance of $4.97-$5.17 for the period, compared to the Thomson Reuters consensus estimate of $4.98. Cardinal Health also updated its FY 2019 guidance to $4.97-5.17 EPS.
What price target have analysts set for CAH?
9 analysts have issued 12-month price objectives for Cardinal Health's stock. Their forecasts range from $50.00 to $75.00. On average, they anticipate Cardinal Health's share price to reach $57.7778 in the next year. This suggests a possible upside of 18.8% from the stock's current price. View Analyst Price Targets for Cardinal Health.
What is the consensus analysts' recommendation for Cardinal Health?
9 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 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?
Media stories about CAH stock have trended positive on Sunday, InfoTrie Sentiment reports. The research group scores the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. 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 2.1 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the near term.
Who are some of Cardinal Health's key competitors?
What other stocks do shareholders of Cardinal Health own?
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 variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.77%), Macquarie Group Ltd. (4.56%), Barrow Hanley Mewhinney & Strauss LLC (3.05%), Bank of New York Mellon Corp (2.72%), American International Group Inc. (2.63%) and FMR LLC (2.31%). 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.
Which institutional investors are selling Cardinal Health stock?
CAH stock was sold by a variety of institutional investors in the last quarter, including Barrow Hanley Mewhinney & Strauss LLC, Baupost Group LLC MA, FMR LLC, First Trust Advisors LP, Bank of Nova Scotia, Two Sigma Advisers LP, Lord Abbett & CO. LLC and United Services Automobile Association. Company insiders that have sold Cardinal Health company stock in the last year include Jon L Giacomin and Stuart G Laws. View Insider Buying and Selling for Cardinal Health.
Which institutional investors are buying Cardinal Health stock?
CAH stock was bought by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Norges Bank, BlackRock Inc., American Century Companies Inc., Dimensional Fund Advisors LP, Pzena Investment Management LLC, Conning Inc. and American International Group Inc.. 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 $48.64.
How big of a company is Cardinal Health?
Cardinal Health has a market capitalization of $14.50 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.
