Mizuho set a $70.00 worth goal on Cardinal Health, Inc. (NYSE:CAH) in a report issued on Tuesday, October 24th. The brokerage at present has a maintain score on the inventory.
CAH has been the topic of a number of different experiences. BidaskClub lowered shares of Cardinal Health from a strong-buy score to a purchase score in a report on Tuesday, July 11th. UBS AG reaffirmed a impartial score and set a $76.00 goal worth (down from $79.00) on shares of Cardinal Health in a report on Wednesday, August ninth. Royal Bank Of Canada initiated protection on shares of Cardinal Health in a report on Tuesday, September 19th. They set a sector carry out score and a $72.00 goal worth for the corporate. Needham & Company LLC reaffirmed a maintain score on shares of Cardinal Health in a report on Thursday, October 12th. Finally, Zacks Investment Research lowered shares of Cardinal Health from a maintain score to a promote score in a report on Tuesday, July 4th. Two funding badysts have rated the inventory with a promote score, ten have issued a maintain score and 5 have given a purchase score to the corporate. Cardinal Health at present has a mean score of Hold and a mean goal worth of $75.72.
Cardinal Health (CAH) traded up $zero.31 throughout buying and selling hours on Tuesday, hitting $61.38. four,167,094 shares of the inventory have been exchanged, in comparison with its common quantity of three,387,357. Cardinal Health has a twelve month low of $60.33 and a twelve month excessive of $84.88. The firm has a market cap of $19,347.96, a PE ratio of 11.32, a P/E/G ratio of 1.78 and a beta of zero.88. The firm has a fast ratio of zero.80, a present ratio of 1.34 and a debt-to-equity ratio of 1.33.
Cardinal Health (NYSE:CAH) final launched its earnings outcomes on Wednesday, August 2nd. The firm reported $1.31 EPS for the quarter, topping badysts’ consensus estimates of $1.24 by $zero.07. Cardinal Health had a web margin of zero.99% and a return on fairness of 26.20%. The firm had income of $32.97 billion throughout the quarter, in comparison with badysts’ expectations of $32.73 billion. During the identical interval final yr, the enterprise earned $1.14 EPS. Cardinal Health’s income for the quarter was up 5.zero% on a year-over-year foundation. equities badysts count on that Cardinal Health will put up four.95 earnings per share for the present fiscal yr.
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The enterprise additionally not too long ago introduced a quarterly dividend, which was paid on Sunday, October 15th. Shareholders of document on Monday, October 2nd got a $zero.4624 dividend. The ex-dividend date of this dividend was Friday, September 29th. This represents a $1.85 dividend on an annualized foundation and a yield of three.01%. Cardinal Health’s payout ratio is at present 45.79%.
Large buyers have not too long ago modified their holdings of the enterprise. Brandes Investment Partners LP bought a brand new stake in Cardinal Health throughout the second quarter value about $2,464,00zero. Sheets Smith Wealth Management elevated its stake in Cardinal Health by zero.eight% throughout the second quarter. Sheets Smith Wealth Management now owns 36,800 shares of the corporate’s inventory value $2,867,00zero after buying an extra 300 shares throughout the interval. Victory Capital Management Inc. elevated its stake in Cardinal Health by 202.1% throughout the second quarter. Victory Capital Management Inc. now owns 61,304 shares of the corporate’s inventory value $four,776,00zero after buying an extra 41,013 shares throughout the interval. Dupont Capital Management Corp bought a brand new stake in Cardinal Health throughout the second quarter value about $164,00zero. Finally, Swiss National Bank elevated its stake in shares of Cardinal Health by 1.6% throughout the second quarter. Swiss National Bank now owns 1,152,648 shares of the corporate’s inventory value $89,814,00zero after shopping for an extra 18,600 shares throughout the interval. Institutional buyers personal 87.25% of the corporate’s inventory.
Cardinal Health Company Profile
Cardinal Health, Inc is a healthcare companies and merchandise firm. The Company operates by way of two segments: Pharmaceutical and Medical. The Pharmaceutical phase distributes branded and generic pharmaceutical, specialty pharmaceutical, over-the-counter healthcare and client merchandise. This phase additionally operates nuclear pharmacies and cyclotron amenities; offers pharmacy administration companies to hospitals, in addition to medicine remedy administration and affected person outcomes companies to hospitals, different healthcare suppliers and payers, and offers companies to healthcare firms.
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