Ratio Revelations: Cardinal Health, Inc. (CAH)’s Financial Metrics in the Spotlight

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Cardinal Health, Inc. (NYSE: CAH) closed the day trading at $107.89 down -1.97% from the previous closing price of $110.06. In other words, the price has decreased by -$1.97 from its previous closing price. On the day, 2.11 million shares were traded. CAH stock price reached its highest trading level at $109.895 during the session, while it also had its lowest trading level at $106.98.

Ratios:

For a better understanding of CAH, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.09 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.03. For the most recent quarter (mrq), Quick Ratio is recorded 0.56 and its Current Ratio is at 0.98.

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 this company, Leerink Partners on February 26, 2024, initiated with a Outperform rating and assigned the stock a target price of $125.

On January 03, 2024, Barclays started tracking the stock assigning a Overweight rating and target price of $117.Barclays initiated its Overweight rating on January 03, 2024, with a $117 target price.

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 Aug 21 ’24 when Mayer Jessica L sold 16,573 shares for $109.39 per share. The transaction valued at 1,812,920 led to the insider holds 75,971 shares of the business.

Mayer Jessica L bought 16,573 shares of CAH for $1,812,898 on Aug 21 ’24. On Aug 15 ’24, another insider, Mayer Jessica L, who serves as the Chief Legal/Compliance Officer of the company, sold 17,896 shares for $106.48 each. As a result, the insider received 1,905,566 and left with 94,529 shares of the company.

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 26630273024 and an Enterprise Value of 26679474176. As of this moment, Cardinal’s Price-to-Earnings (P/E) ratio for their current fiscal year is 31.11, and their Forward P/E ratio for the next fiscal year is 12.77. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.39. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.12. Its current Enterprise Value per Revenue stands at 0.118 whereas that against EBITDA is 9.342.

Stock Price History:

Over the past 52 weeks, CAH has reached a high of $116.05, while it has fallen to a 52-week low of $90.19. The 50-Day Moving Average of the stock is -3.32%, while the 200-Day Moving Average is calculated to be 2.26%.

Shares Statistics:

Over the past 3-months, CAH traded about 1.86M shares per day on average, while over the past 10 days, CAH traded about 1401130 shares per day. A total of 244.00M shares are outstanding, with a floating share count of 241.29M. Insiders hold about 0.28% of the company’s shares, while institutions hold 89.89% stake in the company. Shares short for CAH as of 1728950400 were 7467608 with a Short Ratio of 4.01, compared to 1726185600 on 8350583. Therefore, it implies a Short% of Shares Outstanding of 7467608 and a Short% of Float of 4.05.

Dividends & Splits

CAH’s forward annual dividend rate is 2.01, up from 2.007 a year ago. Against a Trailing Annual Dividend Yield of 0.018235508The stock’s 5-year Average Dividend Yield is 3.05.

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