Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
After finishing at $153.62 in the prior trading day, Cardinal Health, Inc (NYSE: CAH) closed at $153.08, down -0.35%. In other words, the price has decreased by -$0.35 from its previous closing price. On the day, 1.86 million shares were traded.
Ratios:
Our goal is to gain a better understanding of CAH by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.99 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.98. For the most recent quarter (mrq), Quick Ratio is recorded 0.50 and its Current Ratio is at 0.94.
TD Cowen Upgraded its Hold to Buy on January 08, 2025, whereas the target price for the stock was revised from $130 to $144.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 14 ’24 when Scherer Mary C. sold 3,504 shares for $123.55 per share. The transaction valued at 432,919 led to the insider holds 8,752 shares of the business.
Mayer Jessica L sold 16,573 shares of CAH for $1,812,920 on Aug 21 ’24. The Chief Legal/Compliance Officer now owns 75,971 shares after completing the transaction at $109.39 per share. On Aug 21 ’24, another insider, Mayer Jessica L, who serves as the Officer of the company, bought 16,573 shares for $109.39 each.
Valuation Measures:
As of this moment, Cardinal’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.91, and their Forward P/E ratio for the next fiscal year is 16.76. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.26. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.16.
Stock Price History:
Over the past 52 weeks, CAH has reached a high of $157.82, while it has fallen to a 52-week low of $93.17. The 50-Day Moving Average of the stock is 6.08%, while the 200-Day Moving Average is calculated to be 21.44%.
Shares Statistics:
A total of 239.00M shares are outstanding, with a floating share count of 238.00M. Insiders hold about 0.29% of the company’s shares, while institutions hold 88.45% stake in the company.
