Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
In the latest session, Cardinal Health, Inc (NYSE: CAH) closed at $136.65 up 1.99% from its previous closing price of $133.98. In other words, the price has increased by $1.99 from its previous closing price. On the day, 2.73 million shares were traded. CAH stock price reached its highest trading level at $137.06 during the session, while it also had its lowest trading level at $133.65.
Ratios:
For a deeper understanding of Cardinal Health, Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.54 and its Current Ratio is at 1.02.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Jefferies on February 05, 2025, Upgraded its rating to Buy and sets its target price to $150 from $140 previously.
On January 08, 2025, TD Cowen Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $130 to $144.
Evercore ISI Upgraded its In-line to Outperform on January 07, 2025, while the target price for the stock was maintained at $140.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CAH now has a Market Capitalization of 33010266112 and an Enterprise Value of 36676268032. As of this moment, Cardinal’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.51, and their Forward P/E ratio for the next fiscal year is 15.23. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.66. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.15. Its current Enterprise Value per Revenue stands at 0.165 whereas that against EBITDA is 12.266.
Stock Price History:
The Beta on a monthly basis for CAH is 0.65, which has changed by 0.21943605 over the last 52 weeks, in comparison to a change of 0.08572841 over the same period for the S&P500. Over the past 52 weeks, CAH has reached a high of $134.76, while it has fallen to a 52-week low of $93.17. The 50-Day Moving Average of the stock is 6.65%, while the 200-Day Moving Average is calculated to be 19.05%.
Shares Statistics:
For the past three months, CAH has traded an average of 2.36M shares per day and 2234920 over the past ten days. A total of 242.00M shares are outstanding, with a floating share count of 240.91M. Insiders hold about 0.27% of the company’s shares, while institutions hold 88.18% stake in the company. Shares short for CAH as of 1741910400 were 6648447 with a Short Ratio of 2.82, compared to 1739491200 on 6266925. Therefore, it implies a Short% of Shares Outstanding of 6648447 and a Short% of Float of 3.61.
Dividends & Splits
According to the company, the forward annual dividend rate for CAH is 2.02, from 2.017 in the trailing year. Against a Trailing Annual Dividend Yield of 0.015054486The stock’s 5-year Average Dividend Yield is 2.88. The current Payout Ratio is 58.20% for CAH, which recently paid a dividend on 2025-01-02 with an ex-dividend date of 1743465600. Stock splits for the company last occurred on 2001-04-23 when the company split stock in a 3:2 ratio.
