Cardinal Health, Inc [CAH] stock prices are up 0.08% to $115.91 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CAH shares have lost -1.29% over the last week, with a monthly amount drifted -3.43%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Cardinal Health, Inc [NYSE: CAH] stock has seen the most recent analyst activity on December 13, 2024, when Wells Fargo upgraded its rating to a Equal Weight and also boosted its price target to $127 from $101. On February 26, 2024, Leerink Partners initiated with a Outperform rating and assigned a price target of $125 on the stock. Argus upgraded its rating to a Buy. Barclays initiated its recommendation with a Overweight and recommended $117 as its price target on January 03, 2024. Wells Fargo started tracking with a Underweight rating for this stock on December 14, 2023, and assigned it a price target of $96. In a note dated July 10, 2023, Evercore ISI downgraded an In-line rating on this stock but restated the target price of $100.
The stock price of Cardinal Health, Inc [CAH] has been fluctuating between $93.17 and $126.23 over the past year. Currently, Wall Street analysts expect the stock to reach $118.43 within the next 12 months. Cardinal Health, Inc [NYSE: CAH] shares were valued at $115.91 at the most recent close of the market. An investor can expect a potential return of 2.17% based on the average CAH price forecast.
Analyzing the CAH fundamentals
The Cardinal Health, Inc [NYSE:CAH] reported sales of 224.50B for trailing twelve months, representing a drop of -4.54%. Gross Profit Margin for this corporation currently stands at 0.03% with Operating Profit Margin at 0.01%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is -0.38 and Total Capital is 0.26. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-1.58.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 114.97 points at the first support level, and at 114.02 for the second support level. However, for the 1st resistance point, the stock is sitting at 117.07, and for the 2nd resistance point, it is at 118.23.
Ratios To Look Out For
It’s worth pointing out that Cardinal Health, Inc [NYSE:CAH]’s Current Ratio is 0.95. As well, the Quick Ratio is 0.50, while the Cash Ratio is 0.08. Considering the valuation of this stock, the price to sales ratio is 0.12 and price to earnings (TTM) ratio is 22.52.
Transactions by insiders
Recent insider trading involved Scherer Mary C., Chief Accounting Officer, that happened on Nov 14 ’24 when 3504.0 shares were sold. Chief Legal/Compliance Officer, Mayer Jessica L completed a deal on Aug 21 ’24 to sell 16573.0 shares. Meanwhile, Officer Mayer Jessica L bought 16573.0 shares on Aug 21 ’24.
