Understanding Cardinal Health Stock – Fundamentals You Need to Know

By Tamara Parker • Tuesday, September 23 15:19 • Permanent Link

Cardinal Health logged a 4.2% change during today's afternoon session, and is now trading at a price of $153.66 per share. The S&P 500 index moved -1.0%. CAH's trading volume is 1,908,633 compared to the stock's average volume of 2,240,639.

Cardinal Health trades -15.0% away from its average analyst target price of $180.79 per share. The 14 analysts following the stock have set target prices ranging from $150.0 to $203.0, and on average have given Cardinal Health a rating of buy.

Anyone interested in buying CAH should be aware of the facts below:

Cardinal Health has moved 33.8% over the last year, and the S&P 500 logged a change of 16.8%
Based on its trailing earnings per share of 6.44, Cardinal Health has a trailing 12 month Price to Earnings (P/E) ratio of 23.9 while the S&P 500 average is 29.3
CAH has a forward P/E ratio of 17.8 based on its forward 12 month price to earnings (EPS) of $8.64 per share
Cardinal Health, Inc. operates as a healthcare services and products company in the United States and internationally.
Based in Dublin, the company has 53,084 full time employees and a market cap of $36.51 Billion. Cardinal Health currently returns an annual dividend yield of 1.4%.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.