Cardinal Health, Inc. (CAH)

NYSE: CAH · IEX Real-Time Price · USD
105.37
+0.92 (0.88%)
At close: Feb 20, 2024, 4:00 PM
106.00
+0.63 (0.60%)
After-hours: Feb 20, 2024, 7:48 PM EST
0.88%
Market Cap 25.63B
Revenue (ttm) 216.15B
Net Income (ttm) 639.00M
Shares Out 243.23M
EPS (ttm) 2.56
PE Ratio 41.16
Forward PE 14.33
Dividend $2.00 (1.90%)
Ex-Dividend Date Mar 28, 2024
Volume 1,570,782
Open 104.45
Previous Close 104.45
Day's Range 104.50 - 105.96
52-Week Range 68.53 - 111.40
Beta 0.70
Analysts Buy
Price Target 101.31 (-3.85%)
Earnings Date Feb 1, 2024

About CAH

Cardinal Health, Inc. operates as a healthcare services and products company in the United States, Canada, Europe, Asia, and internationally. It provides customized solutions for hospitals, healthcare systems, pharmacies, ambulatory surgery centers, clinical laboratories, physician offices, and patients in the home. The company operates in two segments, Pharmaceutical and Medical. The Pharmaceutical segment distributes branded and generic pharmaceutical, specialty pharmaceutical, and over-the-counter healthcare and consumer products. The segmen... [Read more]

Sector Healthcare
Founded 1979
Employees 48,000
Stock Exchange NYSE
Ticker Symbol CAH
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for CAH stock is "Buy." The 12-month stock price forecast is $101.31, which is a decrease of -3.85% from the latest price.

Price Target
$101.31
(-3.85% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Final Trades: Invesco's Equal Weight Energy ETF, Cardinal Health and Shake Shack

Today's “Halftime Report” Investment Committee, Bryn Talkington, Josh Brown and Jason Snipe, give their top picks to watch for the second half.

Other symbols: SHAKRSPG
5 days ago - CNBC Television

Cardinal Health Board of Directors Approves Quarterly Dividend

DUBLIN, Ohio , Feb. 6, 2024 /PRNewswire/ -- Cardinal Health (NYSE: CAH) announced today that its Board of Directors approved a quarterly dividend of $0.5006 per share out of the Company's capital surp...

14 days ago - PRNewsWire

Cardinal Health publishes Fiscal 2023 Environmental, Social and Governance (ESG) Report

DUBLIN, Ohio , Feb. 6, 2024 /PRNewswire/ -- Cardinal Health (NYSE: CAH) today released its Fiscal 2023 Environmental, Social and Governance (ESG) Report, highlighting the company's work toward buildin...

14 days ago - PRNewsWire

Cardinal Health lowers medical unit profit forecast, shares fall

Cardinal Health lowered the full-year profit forecast for its medical segment on Thursday, taking the shine off the company's upbeat second-quarter results and sending its shares down more than 5%.

19 days ago - Reuters

Cardinal Health Reports Second Quarter Fiscal 2024 Results and Raises Fiscal 2024 Outlook

Revenue increased 12% to $57.4 billion GAAP1 operating earnings were $482 million; GAAP diluted EPS was $1.43 Non-GAAP operating earnings increased 20% to $562 million; non-GAAP diluted EPS increased ...

19 days ago - PRNewsWire

Cardinal Health to buy Specialty Networks for $1.2 billion in cash to boost analytics capabilities

Cardinal Health Inc. CAH, +0.73% announced Wednesday an agreement to buy Specialty Networks for $1.2 billion in cash. Cardinal said the acquisition expands its offering in therapeutic areas by boostin...

20 days ago - Market Watch

Cardinal Health to buy private tech firm for $1.2 billion

Cardinal Health said on Wednesday it will buy Specialty Networks, a private company that provides technological solutions for healthcare organizations, for $1.2 billion in cash.

20 days ago - Reuters

Cardinal Health to acquire Specialty Networks and its PPS Analytics platform, a technology enabled multi-specialty group purchasing and practice enhancement organization in urology, rheumatology and gastroenterology

Transaction creates increased clinical and economic value for 11,500 specialty providers, including more than 7,000 physicians across 1,200 independent physician practices Transaction creates platform...

20 days ago - PRNewsWire

Cardinal Health's stock rises in range of a record after upbeat profit outlook

Shares of Cardinal Health Inc. CAH, -0.52% rallied 1.7% in premarket trading Tuesday, after the drug distributor said it expects fiscal 2024 earnings to be at the high-end of previous guidance. The st...

6 weeks ago - Market Watch

Cardinal Health Announces Progress on Business and Portfolio Review and Fiscal 2024 Outlook Update

Progress achieved on company's ongoing business and portfolio review Completed review of growth businesses within the Medical Segment: investing in and further developing at-Home Solutions and OptiFre...

6 weeks ago - PRNewsWire

Cardinal Health to Announce Second-Quarter Results for Fiscal Year 2024 on February 1

DUBLIN, Ohio , Jan. 2, 2024  /PRNewswire/ -- Cardinal Health (NYSE: CAH) plans to release second-quarter financial results for its fiscal year 2024 on February 1, prior to the opening of trading on th...

7 weeks ago - PRNewsWire

Cardinal Health launches SmartGown™ EDGE Breathable Surgical Gown with ASSIST™ Instrument Pockets

SmartGown™ EDGE is the first pocketed surgical gown designed to help maintain instrument sterility and accessibility. DUBLIN, Ohio , Nov. 9, 2023 /PRNewswire/ -- Cardinal Health (NYSE: CAH) announced ...

3 months ago - PRNewsWire

Cardinal Health's stock rises into record territory after profit beat, raised outlook

Shares of Cardinal Health Inc. CAH, +0.21% climbed 1.3% into record territory in premarket trading Friday, after the drug distributor reported fiscal first-quarter profit that beat expectations and ra...

3 months ago - Market Watch

Cardinal Health Reports First Quarter Fiscal 2024 Results and Raises Fiscal 2024 Outlook

Revenue increased 10% to $54.8 billion GAAP 1 operating loss was $14 million and GAAP diluted EPS was $0.02, driven by a Medical segment goodwill impairment Non-GAAP operating earnings increased 35% t...

3 months ago - PRNewsWire

67 Best Dividend Stocks for Dependable Dividend Growth

The highest yield isn't everything when it comes to finding the best dividend stocks. Income investors know there's no substitute for regular dividend increases over the long haul.

3 months ago - Kiplinger

Cardinal Health Named to 100 Best Corporate Citizens of 2023

DUBLIN, Ohio , Oct. 18, 2023 /PRNewswire/ -- Cardinal Health (NYSE: CAH) has been named among the 100 Best Corporate Citizens, a prestigious annual ranking by 3BL Media that assesses the environmental...

4 months ago - PRNewsWire

Cardinal Health Launches Kangaroo OMNI™ Enteral Feeding Pump

The next generation in enteral feeding, Kangaroo OMNI™ delivers nutrition and hydration from hospital to home. DUBLIN, Ohio , Sept.

5 months ago - PRNewsWire

Cardinal Health to Announce First-Quarter Results for Fiscal Year 2024 on November 3

DUBLIN, Ohio , Sept. 26, 2023 /PRNewswire/ -- Cardinal Health (NYSE: CAH) plans to release first-quarter financial results for its fiscal year 2024 on November 3, prior to the opening of trading on th...

5 months ago - PRNewsWire

Cardinal Health and Children's Hospital Association Announce Second Preventing Youth Suicide Cohort

Cardinal Health Foundation will invest $1.7M to help 14 children's hospitals nationwide prevent youth suicide. DUBLIN, Ohio , Sept.

5 months ago - PRNewsWire

Cardinal Health Launches Next Generation Medical Device to Improve Neonatal Feeding

The NTrainer™ System 2.0 is the only FDA Class II biofeedback device designed to help newborns and infants born prematurely develop their non-nutritive sucking skills needed for independent oral feedi...

6 months ago - PRNewsWire

3 Healthcare Stocks to Help Your Portfolio Get Well

Many investors continue to look for growth wherever they can find it. That makes the healthcare sector very compelling.

Other symbols: UNHHUM
6 months ago - MarketBeat

Cardinal Health raises 2024 profit forecast on drug distribution strength

Drug distributor Cardinal Health Inc raised its 2024 profit forecast on Tuesday, as it sees strong demand for specialty and generic medicines to continue to boost sales in its pharmaceuticals unit.

6 months ago - Reuters

Cardinal Health Beats on Earnings, Raises Guidance on Strong Pharmaceutical Sales

Cardinal Health reported fiscal fourth-quarter earnings of $1.55 a share on revenue of $53.5 billion.

6 months ago - Barrons

Cardinal Health's stock dips premarket after company swings to a loss

Cardinal Health Inc.'s stock CAH slid 1% in premarket trade Tuesday, after the health services company swung to a loss for its fiscal fourth quarter from a profit a year ago. Dublin, Ohio-based Cardin...

6 months ago - Market Watch

Cardinal Health Reports Fourth Quarter and Full Year Results for Fiscal Year 2023 at High End of Investor Day Guidance

Fourth quarter revenue increased 13% to $53.5 billion Fourth quarter GAAP 1 operating earnings were $137 million and GAAP diluted loss per share was $0.25 Fourth quarter non-GAAP operating earnings in...

6 months ago - PRNewsWire