Cardinal Health, Inc [CAH] stock prices are up 0.94% to $128.39 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The CAH shares have gain 2.57% over the last week, with a monthly amount glided 5.61%, 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 February 05, 2025, when Jefferies upgraded its rating to a Buy and also boosted its price target to $150 from $140. Previously, TD Cowen upgraded its rating to Buy on January 08, 2025, and elevated its price target to $144. On January 07, 2025, upgrade upgraded it’s rating to Outperform but maintained its price target of $140 on the stock. BofA Securities upgraded its rating to a Buy and increased its price target to $145 on January 06, 2025. Wells Fargo upgraded its rating to a Equal Weight and raised its price target to $127 on December 13, 2024. In a note dated February 26, 2024, Leerink Partners initiated an Outperform rating and provided a target price of $125 on this stock.
The stock price of Cardinal Health, Inc [CAH] has been fluctuating between $93.17 and $132.84 over the past year. Currently, Wall Street analysts expect the stock to reach $121.71 within the next 12 months. Cardinal Health, Inc [NYSE: CAH] shares were valued at $128.39 at the most recent close of the market. An investor can expect a potential drop of -5.2% based on the average CAH price forecast.
Analyzing the CAH fundamentals
The Cardinal Health, Inc [NYSE:CAH] reported sales of 222.32B for trailing twelve months, representing a drop of -3.80%. 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 -0.41 and Total Capital is 0.19. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-2.54.
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 127.30 points at the first support level, and at 126.20 for the second support level. However, for the 1st resistance point, the stock is sitting at 129.15, and for the 2nd resistance point, it is at 129.90.
Ratios To Look Out For
It’s worth pointing out that Cardinal Health, Inc [NYSE:CAH]’s Current Ratio is 1.02. Also, the Quick Ratio is 0.54, while the Cash Ratio stands at 0.11. Considering the valuation of this stock, the price to sales ratio is 0.14 and price to earnings (TTM) ratio is 23.97.
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.
