Cardinal Health, Inc (CAH): A Case For Going Higher

After Hours

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Stocks Info

This NYSE-listed company operates within the Medical Distribution industry segment, falling under the Healthcare sector. The current market capitalization of Cardinal Health, Inc is $28.87B. A total of 0.62 million shares were traded on the day, compared to an average of 2.20M shares.

In the most recent transaction, Scherer Mary C. sold 3,504 shares of CAH for 123.55 per share on Nov 14 ’24. After the transaction, the Chief Accounting Officer now owns 8,752 company shares. In a previous transaction on Aug 21 ’24, Mayer Jessica L sold 16,573 shares at 109.39 per share. CAH shares that Chief Legal/Compliance Officer owns now total 75,971.

Among the insiders who bought shares, Mayer Jessica L acquired of 16,573 shares on Aug 21 ’24 at a per-share price of $109.39. In another insider transaction, Mayer Jessica L sold 17,896 shares at $106.48 per share on Aug 15 ’24. Company shares held by the Chief Legal/Compliance Officer now total 94,529.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Cardinal Health, Inc pays an annual dividend of $2.01, resulting in a dividend yield of 1.69%, and it has a price to earnings (P/E) ratio of 23.09. CAH’s most recent ex-dividend date was 1.79% when it declared a $0.5056 quarterly dividend that was paid in cash on 1/2/2025. Previously, the company paid the dividend on 10/1/2024 with an ex-dividend date of 1.84%. The CAH stock dividend was $0.5060 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, CAH has a high of $126.23 and a low of $93.17.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its 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 -$13.54, 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 3.93.

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