Cardinal Health Stock Analysis
CAH Stock | USD 103.21 0.60 0.58% |
Cardinal Health is overvalued with Real Value of 87.94 and Target Price of 98.58. The main objective of Cardinal Health stock analysis is to determine its intrinsic value, which is an estimate of what Cardinal Health is worth, separate from its market price. There are two main types of Cardinal Health's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Cardinal Health's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Cardinal Health's stock to identify patterns and trends that may indicate its future price movements.
The Cardinal Health stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Cardinal Health is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Cardinal Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Cardinal Health's ongoing operational relationships across important fundamental and technical indicators.
Cardinal |
Cardinal Stock Analysis Notes
About 90.0% of the company shares are held by institutions such as insurance companies. The company has Price/Earnings To Growth (PEG) ratio of 0.31. Cardinal Health last dividend was issued on the 28th of March 2024. The entity had 3:2 split on the 23rd of April 2001. Cardinal Health, Inc. operates as an integrated healthcare services and products company in the United States, Canada, Europe, Asia, and internationally. The company was incorporated in 1979 and is headquartered in Dublin, Ohio. Cardinal Health operates under Medical Distribution classification in the United States and is traded on New York Stock Exchange. It employs 46500 people. For more info on Cardinal Health please contact Michael Kaufmann at 614 757 5000 or go to https://www.cardinalhealth.com.Cardinal Health Quarterly Total Revenue |
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Cardinal Health Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Cardinal Health's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Cardinal Health or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Cardinal Health generated a negative expected return over the last 90 days | |
Over 90.0% of the company shares are held by institutions such as insurance companies | |
On 15th of April 2024 Cardinal Health paid $ 0.5006 per share dividend to its current shareholders | |
Latest headline from finance.yahoo.com: FDA Roundup April 26, 2024 |
Cardinal Health Upcoming and Recent Events
Earnings reports are used by Cardinal Health to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Cardinal Health previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
1st of February 2024 Upcoming Quarterly Report | View | |
2nd of May 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
20th of August 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
30th of June 2023 Last Financial Announcement | View |
Cardinal Largest EPS Surprises
Earnings surprises can significantly impact Cardinal Health's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
2005-10-26 | 2005-09-30 | 0.72 | 0.63 | -0.09 | 12 | ||
2010-01-28 | 2009-12-31 | 0.46 | 0.57 | 0.11 | 23 | ||
2009-11-05 | 2009-09-30 | 0.43 | 0.54 | 0.11 | 25 |
Cardinal Health Thematic Classifications
In addition to having Cardinal Health stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
DrugsDrug manufacturing and delivery | ||
StoresAll types of stores and shopping markets | ||
WholesaleUSA Equities from Wholesale industry as classified by Fama & French | ||
Obamacare RepealLarge healthcare related equities associated with Obamacare |
Cardinal Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Cardinal Health is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Cardinal Health backward and forwards among themselves. Cardinal Health's institutional investor refers to the entity that pools money to purchase Cardinal Health's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Aqr Capital Management Llc | 2023-12-31 | 2.9 M | T. Rowe Price Associates, Inc. | 2023-12-31 | 2.7 M | Pacer Advisors, Inc. | 2023-12-31 | 2.6 M | Norges Bank | 2023-12-31 | 2.6 M | Goldman Sachs Group Inc | 2023-12-31 | 2.6 M | Legal & General Group Plc | 2023-12-31 | 2.5 M | Lsv Asset Management | 2023-12-31 | 2.5 M | Amundi | 2023-12-31 | 2.2 M | Nuveen Asset Management, Llc | 2023-12-31 | 2 M | Vanguard Group Inc | 2023-12-31 | 31.3 M | Blackrock Inc | 2023-12-31 | 26.1 M |
Cardinal Market Capitalization
The company currently falls under 'Large-Cap' category with a total capitalization of 25.1 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Cardinal Health's market, we take the total number of its shares issued and multiply it by Cardinal Health's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Cardinal Profitablity
Cardinal Health's profitability indicators refer to fundamental financial ratios that showcase Cardinal Health's ability to generate income relative to its revenue or operating costs. If, let's say, Cardinal Health is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Cardinal Health's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Cardinal Health's profitability requires more research than a typical breakdown of Cardinal Health's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
Last Reported | Projected for Next Year | ||
Return On Tangible Assets | 0.05 | 0.05 | |
Return On Capital Employed | 0.13 | 0.17 | |
Return On Assets | 0.05 | 0.04 | |
Return On Equity | 0.13 | 0.13 |
Management Efficiency
Cardinal Health has Return on Asset of 0.0279 % which means that on every $100 spent on assets, it made $0.0279 of profit. This is way below average. Cardinal Health's management efficiency ratios could be used to measure how well Cardinal Health manages its routine affairs as well as how well it operates its assets and liabilities. The Cardinal Health's current Return On Capital Employed is estimated to increase to 0.17, while Return On Tangible Assets are projected to decrease to 0.05. As of now, Cardinal Health's Total Current Assets are increasing as compared to previous years. The Cardinal Health's current Intangible Assets is estimated to increase to about 2.2 B, while Non Current Assets Total are projected to decrease to under 6.4 B.Last Reported | Projected for Next Year | ||
Book Value Per Share | 3.19 | 3.04 | |
Net Current Asset Value | 0.00 | 0.00 | |
Tangible Asset Value | 0.00 | 0.00 | |
Tangible Book Value Per Share | 3.19 | 3.35 | |
Enterprise Value Over EBITDA | 9.09 | 10.37 | |
Price Book Value Ratio | 1.58 | 2.35 | |
Enterprise Value Multiple | 9.09 | 10.37 | |
Price Fair Value | 1.58 | 2.35 | |
Enterprise Value | 473.9 M | 450.2 M |
The analysis of Cardinal Health's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Cardinal Health's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Cardinal Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield 0.0194 | Forward Dividend Yield 0.0194 | Forward Dividend Rate 2 | Beta 0.697 |
Technical Drivers
As of the 28th of April, Cardinal Health shows the Risk Adjusted Performance of 0.0059, downside deviation of 1.72, and Mean Deviation of 1.05. Cardinal Health technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Cardinal Health, which can be compared to its peers. Please confirm Cardinal Health value at risk, and the relationship between the jensen alpha and semi variance to decide if Cardinal Health is priced correctly, providing market reflects its regular price of 103.21 per share. Given that Cardinal Health has jensen alpha of (0.0003), we suggest you to validate Cardinal Health's prevailing market performance to make sure the company can sustain itself at a future point.Cardinal Health Price Movement Analysis
The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Cardinal Health middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Cardinal Health. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Cardinal Health Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Cardinal Health insiders, such as employees or executives, is commonly permitted as long as it does not rely on Cardinal Health's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Cardinal Health insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Carole Watkins over six months ago Bona fide gift to Carole Watkins of 162 shares of Cardinal Health subject to Section 16 | ||
Deborah Weitzman over six months ago Acquisition by Deborah Weitzman of 12760 shares of Cardinal Health subject to Rule 16b-3 |
Cardinal Health Outstanding Bonds
Cardinal Health issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Cardinal Health uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Cardinal bonds can be classified according to their maturity, which is the date when Cardinal Health has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
CARDINAL HEALTH INC Corp BondUS14149YAW84 | View | |
CARDINAL HEALTH INC Corp BondUS14149YBJ64 | View | |
CARDINAL HEALTH INC Corp BondUS14149YBH09 | View | |
CARDINAL HEALTH INC Corp BondUS14149YBE77 | View | |
CARDINAL HEALTH INC Corp BondUS14149YBD94 | View | |
CARDINAL HEALTH INC Corp BondUS14149YBA55 | View | |
CARDINAL HEALTH INC Corp BondUS14149YBB39 | View | |
CARDINAL HEALTH INC Corp BondUS14149YBM93 | View |
Cardinal Health Predictive Daily Indicators
Cardinal Health intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Cardinal Health stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Accumulation Distribution | 0.0097 | |||
Daily Balance Of Power | (0.59) | |||
Rate Of Daily Change | 0.99 | |||
Day Median Price | 103.44 | |||
Day Typical Price | 103.36 | |||
Market Facilitation Index | 1.01 | |||
Price Action Indicator | (0.53) | |||
Period Momentum Indicator | (0.60) |
Cardinal Health Corporate Filings
8K | 23rd of April 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
8K | 22nd of April 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 18th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F3 | 1st of March 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
8K | 28th of February 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
8K | 20th of February 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 16th of February 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
14th of February 2024 Other Reports | ViewVerify |
Cardinal Health Forecast Models
Cardinal Health's time-series forecasting models are one of many Cardinal Health's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Cardinal Health's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Cardinal Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Cardinal Health prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Cardinal shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Cardinal Health. By using and applying Cardinal Stock analysis, traders can create a robust methodology for identifying Cardinal entry and exit points for their positions.
Last Reported | Projected for Next Year | ||
Pretax Profit Margin | 0.03 | 0.02 | |
Operating Profit Margin | 0.03 | 0.02 | |
Net Profit Margin | 0.02 | 0.01 | |
Gross Profit Margin | 0.07 | 0.07 |
Current Cardinal Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Cardinal analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Cardinal analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Price | Advice | # of Analysts | |
98.58 | Buy | 18 | Odds |
Most Cardinal analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Cardinal stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Cardinal Health, talking to its executives and customers, or listening to Cardinal conference calls.
Cardinal Stock Analysis Indicators
Cardinal Health stock analysis indicators help investors evaluate how Cardinal Health stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Cardinal Health shares will generate the highest return on investment. By understating and applying Cardinal Health stock analysis, traders can identify Cardinal Health position entry and exit signals to maximize returns.
Begin Period Cash Flow | 4.7 B | |
Long Term Debt | 3.9 B | |
Common Stock Shares Outstanding | 262 M | |
Total Stockholder Equity | -2.9 B | |
Total Cashflows From Investing Activities | -454 M | |
Tax Provision | 376 M | |
Quarterly Earnings Growth Y O Y | -0.95 | |
Property Plant And Equipment Net | 2.5 B | |
Cash And Short Term Investments | 4 B | |
Cash | 4 B | |
Accounts Payable | 29.8 B | |
Net Debt | 658 M | |
50 Day M A | 109.373 | |
Total Current Liabilities | 33.7 B | |
Other Operating Expenses | 203.2 B | |
Non Current Assets Total | 9.6 B | |
Forward Price Earnings | 13.4953 | |
Common Stock Total Equity | 2.7 B | |
Non Currrent Assets Other | 1 B | |
Stock Based Compensation | 96 M |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cardinal Health. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. For more detail on how to invest in Cardinal Stock please use our How to Invest in Cardinal Health guide.Note that the Cardinal Health information on this page should be used as a complementary analysis to other Cardinal Health's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Complementary Tools for Cardinal Stock analysis
When running Cardinal Health's price analysis, check to measure Cardinal Health's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cardinal Health is operating at the current time. Most of Cardinal Health's value examination focuses on studying past and present price action to predict the probability of Cardinal Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cardinal Health's price. Additionally, you may evaluate how the addition of Cardinal Health to your portfolios can decrease your overall portfolio volatility.
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Is Cardinal Health's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cardinal Health. If investors know Cardinal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cardinal Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.95) | Dividend Share 1.998 | Earnings Share 2.52 | Revenue Per Share 859.435 | Quarterly Revenue Growth 0.116 |
The market value of Cardinal Health is measured differently than its book value, which is the value of Cardinal that is recorded on the company's balance sheet. Investors also form their own opinion of Cardinal Health's value that differs from its market value or its book value, called intrinsic value, which is Cardinal Health's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cardinal Health's market value can be influenced by many factors that don't directly affect Cardinal Health's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cardinal Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cardinal Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cardinal Health's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.