Cardinal Health, Inc [CAH] stock is trading at $129.30, up 0.43%. An important factor to consider is whether the stock is rising or falling in short-term value. The CAH shares have gain 3.68% over the last week, with a monthly amount glided 10.51%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Cardinal Health, Inc [NYSE: CAH] stock has seen the most recent analyst activity on January 08, 2025, when TD Cowen upgraded its rating to a Buy and also boosted its price target to $144 from $130. Previously, Evercore ISI upgraded its rating to Outperform on January 07, 2025, and kept the price target unchanged to $140. On January 06, 2025, upgrade upgraded it’s rating to Buy and revised its price target to $145 on the stock. Wells Fargo upgraded its rating to a Equal Weight and increased its price target to $127 on December 13, 2024. Leerink Partners started tracking with a Outperform rating for this stock on February 26, 2024, and assigned it a price target of $125. In a note dated February 09, 2024, Argus upgraded an Buy rating on this stock.
Cardinal Health, Inc [CAH] stock has fluctuated between $93.17 and $129.36 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 $129.30 at the most recent close of the market. An investor can expect a potential drop of -8.41% based on the average CAH price forecast.
Analyzing the CAH fundamentals
Cardinal Health, Inc [NYSE:CAH] reported sales of 224.50B for the trailing twelve months, which represents 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 127.85 points at the first support level, and at 126.39 for the second support level. However, for the 1st resistance point, the stock is sitting at 130.22, and for the 2nd resistance point, it is at 131.13.
Ratios To Look Out For
For context, Cardinal Health, Inc’s Current Ratio is 0.95. On the other hand, the Quick Ratio is 0.50, and the Cash Ratio is 0.08. Considering the valuation of this stock, the price to sales ratio is 0.14 and price to earnings (TTM) ratio is 25.13.
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.
