Stock Market Recap: Cardinal Health, Inc (CAH) Concludes at 148.41, a 0.10 Surge/Decline

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After finishing at $148.26 in the prior trading day, Cardinal Health, Inc (NYSE: CAH) closed at $148.41, up 0.10%. In other words, the price has increased by $0.10 from its previous closing price. On the day, 1.98 million shares were traded. CAH stock price reached its highest trading level at $149.52 during the session, while it also had its lowest trading level at $147.74.

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 10.65 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.52. For the most recent quarter (mrq), Quick Ratio is recorded 0.50 and its Current Ratio is at 0.94.

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:

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:

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 35422052352 and an Enterprise Value of 40825053184. As of this moment, Cardinal’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.18, and their Forward P/E ratio for the next fiscal year is 16.35. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.23. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.16. Its current Enterprise Value per Revenue stands at 0.184 whereas that against EBITDA is 12.899.

Stock Price History:

The Beta on a monthly basis for CAH is 0.66, which has changed by 0.50364745 over the last 52 weeks, in comparison to a change of 0.11241627 over the same period for the S&P500. Over the past 52 weeks, CAH has reached a high of $154.07, while it has fallen to a 52-week low of $93.17. The 50-Day Moving Average of the stock is 9.33%, while the 200-Day Moving Average is calculated to be 22.16%.

Shares Statistics:

The stock has traded on average 2.69M shares per day over the past 3-months and 3100990 shares per day over the last 10 days, according to various share statistics. A total of 239.00M shares are outstanding, with a floating share count of 238.03M. Insiders hold about 0.27% of the company’s shares, while institutions hold 90.25% stake in the company. Shares short for CAH as of 1745971200 were 5326590 with a Short Ratio of 1.98, compared to 1743379200 on 4707276. Therefore, it implies a Short% of Shares Outstanding of 5326590 and a Short% of Float of 2.94.

Dividends & Splits

In the trailing 12 months, CAH’s forward annual dividend rate was 2.022, compared to 2.02 this year. Against a Trailing Annual Dividend Yield of 0.013638204The stock’s 5-year Average Dividend Yield is 2.8. The current Payout Ratio is 58.20% for CAH, which recently paid a dividend on 2025-04-01 with an ex-dividend date of 1751328000. Stock splits for the company last occurred on 2001-04-23 when the company split stock in a 3:2 ratio.

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