Cardinal Stock Today

CAH
 Stock
  

USD 52.25  0.85  1.60%   

Market Performance
0 of 100
Odds Of Distress
Less than 11
Cardinal Health is trading at 52.25 as of the 5th of July 2022. This is a -1.6 percent decrease since the beginning of the trading day. The stock's open price was 53.1. Cardinal Health has less than a 11 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for Cardinal Health are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 10th of June 2021 and ending today, the 5th of July 2022. Click here to learn more.
CUSIP
14149Y108
Fiscal Year End
June
Business Domain
Health Care Equipment & Services
IPO Date
31st of December 1987
Category
Healthcare
Classification
Health Care
ISIN
US14149Y1082
Cardinal Health, Inc. operates as an integrated healthcare services and products company in the United States, Canada, Europe, Asia, and internationally. Cardinal Health, Inc. was founded in 1979 and is headquartered in Dublin, Ohio. Cardinal Health operates under Medical Distribution classification in the United States and is traded on New York Stock Exchange. The company has 281.79 M outstanding shares of which 7.43 M shares are currently shorted by investors with about 2.69 days to cover. More on Cardinal Health

Moving together with Cardinal Health

0.91ABCAmerisourcebergen Corp Fiscal Year End 3rd of November 2022 PairCorr

Moving against Cardinal Health

0.64PLABPhotronics Fiscal Year End 14th of December 2022 PairCorr
0.56MRGEMirage Energy Corp Earnings Call  This WeekPairCorr
0.55CVECenovus Energy Downward RallyPairCorr
0.54AVTAvnet Inc Fiscal Year End 10th of August 2022 PairCorr

Cardinal Health Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Cardinal Health's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Cardinal Health or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Cardinal Health generated a negative expected return over the last 90 days
Over 90.0% of the company shares are held by institutions such as insurance companies
Latest headline from MacroaxisInsider: Payment of 9523 shares by Michael Kaufmann of Cardinal Health subject to Rule 16b-3
ESG SustainabilitySome studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Cardinal Health's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Cardinal Health's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
CEOMichael Kaufmann
SEC FilingsCardinal Health Security & Exchange Commission EDGAR Reports
Thematic Ideas
(view all).
Excise Tax ActivitiesAnimal Testing
Fama & French Classification
Average Analyst Recommendation
Analysts covering Cardinal Health report their recommendations after researching Cardinal Health's financial statements, talking to executives and customers, or listening in on Cardinal Health's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Cardinal Health. The Cardinal consensus assessment is calculated by taking the average forecast from all of the analysts covering Cardinal Health.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Cardinal Health based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Cardinal Health financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
 6 - HealthyDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares273.1 M262.8 M
Sufficiently Up
Decreasing
Slightly volatile
Weighted Average Shares Diluted275.1 M264.6 M
Sufficiently Up
Decreasing
Slightly volatile
Net Cash Flow from Operations2.7 B2.8 B
Fairly Down
Increasing
Slightly volatile
Total Assets47 B51.1 B
Significantly Down
Increasing
Slightly volatile
Total Liabilities42.7 B49.1 B
Fairly Down
Increasing
Slightly volatile
Current Assets32.3 B35.7 B
Moderately Down
Increasing
Slightly volatile
Current Liabilities28.3 B31.8 B
Fairly Down
Increasing
Slightly volatile
Total Debt7.4 B7.2 B
Fairly Up
Increasing
Slightly volatile
Return on Average Assets0.01460.0126
Fairly Up
Decreasing
Slightly volatile
Gross Margin0.04070.0378
Significantly Up
Decreasing
Slightly volatile
Asset Turnover3.343.35
Slightly Down
Decreasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Cardinal Health's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Financial Strength
Cardinal Health's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Cardinal Health's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Cardinal Health's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Cardinal Health's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
N/A ( Average Bond Rating ) Not Rated
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Cardinal Health's financial leverage. It provides some insight into what part of Cardinal Health's total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Cardinal Health's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Cardinal Health deploys its capital and how much of that capital is borrowed.
Liquidity
Cardinal Health cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 5.64 B in debt with debt to equity (D/E) ratio of 5.63, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Cardinal Health has a current ratio of 1.13, demonstrating that it is in a questionable position to pay out its financial commitments when the payables are due. Debt can assist Cardinal Health until it has trouble settling it off, either with new capital or with free cash flow. So, Cardinal Health's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Cardinal Health sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cardinal to invest in growth at high rates of return. When we think about Cardinal Health's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

2.74 BillionShare
Cardinal Health (CAH) is traded on New York Stock Exchange in USA. It is located in 7000 Cardinal Place, Dublin, OH 43017, United States and employs 44,000 people. Cardinal Health is listed under Wholesale category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with total capitalization of 14.96 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Cardinal Health's market, we take the total number of its shares issued and multiply it by Cardinal Health's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Cardinal Health runs under Healthcare sector within Medical Distribution industry. The entity has 281.79 M outstanding shares of which 7.43 M shares are currently shorted by investors with about 2.69 days to cover. Cardinal Health has about 3.16 B in cash with 1.49 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 11.41.
Check Cardinal Health Probability Of Bankruptcy
Ownership
Cardinal Health holds a total of two hundred eighty-one million seven hundred ninety thousand outstanding shares. The majority of Cardinal Health outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Cardinal Health to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Cardinal Health. Please pay attention to any change in the institutional holdings of Cardinal Health as this could imply that something significant has changed or about to change at the company. Please note that no matter how much assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

Check Cardinal Ownership Details

Cardinal Stock Price Odds Analysis

What are Cardinal Health's target price odds to finish over the current price? In reference to a normal probability distribution, the odds of Cardinal Health jumping above the current price in 90 days from now is about 87.33%. The Cardinal Health probability density function shows the probability of Cardinal Health stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Cardinal Health has a beta of 0.7222 suggesting as returns on the market go up, Cardinal Health average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Cardinal Health will be expected to be much smaller as well. Additionally, the company has an alpha of 0.0463, implying that it can generate a 0.0463 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 52.25HorizonTargetOdds Above 52.25
12.57%90 days
 52.25 
87.33%
Based on a normal probability distribution, the odds of Cardinal Health to move above the current price in 90 days from now is about 87.33 (This Cardinal Health probability density function shows the probability of Cardinal Stock to fall within a particular range of prices over 90 days) .

Cardinal Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Cardinal Health that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Cardinal Health's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Cardinal Health's value.
InstituionSecurity TypeTotal SharesValue
Vanguard Group IncCommon Shares33.7 M1.9 B
Blackrock IncCommon Shares23.1 M1.3 B
View Cardinal Health Diagnostics

Cardinal Health Historical Income Statement

Cardinal Health Income Statement is one of the three primary financial statements used for reporting Cardinal's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Cardinal Health revenue and expense. Cardinal Health Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Cardinal Health Net Income to Non Controlling Interests is most likely to decrease significantly in the upcoming years. The last year's value of Net Income to Non Controlling Interests was reported at 900,000. The current Operating Income is estimated to increase to about 669.1 M, while Direct Expenses is projected to decrease to roughly 122.3 B. View More Fundamentals

Cardinal Stock Against Markets

Picking the right benchmark for Cardinal Health stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Cardinal Health stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Cardinal Health is critical whether you are bullish or bearish towards Cardinal Health at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Cardinal Health without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Cryptocurrency Center Now

   

Cryptocurrency Center

Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
All  Next Launch Module

Cardinal Health Corporate Directors

Cardinal Health corporate directors refer to members of a Cardinal Health board of directors. The board of directors generally takes responsibility for the Cardinal Health's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Cardinal Health's board members must vote for the resolution. The Cardinal Health board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
John Losh - Independent DirectorProfile
David Anderson - Independent DirectorProfile
Nancy Killefer - Independent DirectorProfile
Patricia Hall - Independent DirectorProfile

Investing Cardinal Health

You need to understand the risk of investing before taking a position in Cardinal Health. The danger of trading Cardinal Health is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Cardinal Health is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Cardinal Health. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Cardinal Health is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Continue to Trending Equities. Note that the Cardinal Health information on this page should be used as a complementary analysis to other Cardinal Health's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Piotroski F Score module to get Piotroski F Score based on binary analysis strategy of nine different fundamentals.

Complementary Tools for Cardinal Stock analysis

When running Cardinal Health price analysis, check to measure Cardinal Health's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cardinal Health is operating at the current time. Most of Cardinal Health's value examination focuses on studying past and present price action to predict the probability of Cardinal Health's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Cardinal Health's price. Additionally, you may evaluate how the addition of Cardinal Health to your portfolios can decrease your overall portfolio volatility.
Money Managers
Screen money managers from public funds and ETFs managed around the world
Go
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Go
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Go
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Go
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Go
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Go
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Go
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Go
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Go
Is Cardinal Health's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cardinal Health. If investors know Cardinal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cardinal Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.92
Market Capitalization
14.5 B
Quarterly Revenue Growth YOY
0.14
Return On Assets
0.0253
Return On Equity
-1.73
The market value of Cardinal Health is measured differently than its book value, which is the value of Cardinal that is recorded on the company's balance sheet. Investors also form their own opinion of Cardinal Health's value that differs from its market value or its book value, called intrinsic value, which is Cardinal Health's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cardinal Health's market value can be influenced by many factors that don't directly affect Cardinal Health's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cardinal Health's value and its price as these two are different measures arrived at by different means. Investors typically determine Cardinal Health value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cardinal Health's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.