Analysts Point To Cardinal Health, Inc. (NYSE: CAH) Growth In The Future

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities.

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Stocks Info

As a NYSE listed company, CAH falls under the Healthcare sector while operating within the Medical Distribution industry segment. The current market capitalization of Cardinal Health, Inc. is $26.70B. A total of 1.76 million shares were traded on the day, compared to an average of 1.91M shares.

In the most recent transaction, Mayer Jessica L sold 16,573 shares of CAH for 109.39 per share on Aug 21 ’24. After the transaction, the Chief Legal/Compliance Officer now owns 75,971 company shares. In a previous transaction on Aug 21 ’24, Mayer Jessica L bought 16,573 shares at 109.39 per share.

Among the insiders who sold shares, Mayer Jessica L disposed of 17,896 shares on Aug 15 ’24 at a per-share price of $106.48. This resulted in the Chief Legal/Compliance Officer holding 94,529 shares of CAH after the transaction. In another insider transaction, Alt Aaron E sold 2,323 shares at $108.91 per share on Aug 19 ’24. Company shares held by the Chief Financial Officer now total 36,867.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Cardinal Health, Inc. pays an annual dividend of $2.51, resulting in a dividend yield of 2.28%, and it has a price to earnings (P/E) ratio of 31.81. CAH’s most recent ex-dividend date was 10/1/2024 when it declared a $0.5060 quarterly dividend that was paid in cash on 10/15/2024. Previously, the company paid the dividend on 7/15/2024 with an ex-dividend date of 7/1/2024. The CAH stock dividend was $0.5056 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, CAH has a high of $116.05 and a low of $85.82.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. CAH’s latest balance sheet shows that the firm has $4.72B in Cash & Short Term Investments as of fiscal 2022. There were $5.32B in debt and $30.55B in liabilities at the time. Its Book Value Per Share was -$13.17, while its Total Shareholder’s Equity was -$706.00M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CAH is Buy with a score of 3.60.

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