Cardinal Health, Inc (CAH) Is Not Likely To Be The Same Tomorrow

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility.

Stocks Info

Cardinal Health, Inc is listed on the NYSE in the Healthcare sector while operating in the Medical Distribution industry. The current market capitalization of Cardinal Health, Inc is $29.42B. A total of 1.97 million shares were traded on the day, compared to an average of 2.13M 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 reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Cardinal Health, Inc pays an annual dividend of $2.02, resulting in a dividend yield of 1.66%, and it has a price to earnings (P/E) ratio of 23.62. 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.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. In terms of 52-week highs and lows, CAH has a high of $126.23 and a low of $93.17.

As of this writing, CAH has an earnings estimate of $1.76 per share for the current quarter. EPS was calculated based on a consensus of 13.0 estimates, with a high estimate of $1.88 per share and a lower estimate of $1.46.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. 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

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. 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 4.33.

Most Popular

Related Posts