Cardinal Health Stock Today
| CAH Stock | USD 121.84 1.58 1.28% |
Performance9 of 100
| Odds Of DistressLess than 3
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Cardinal Health is trading at 121.84 as of the 23rd of November 2024. This is a 1.28 percent decrease since the beginning of the trading day. The stock's open price was 123.42. Cardinal Health has a very small chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Note, on September 23, 2024, Representative Marjorie Taylor Greene of US Congress acquired under $15k worth of Cardinal Health's common stock.
Business Domain Health Care Equipment & Services | IPO Date 31st of December 1987 | Category Healthcare | Classification Health Care |
Cardinal Health, Inc. operates as an integrated healthcare services and products company in the United States, Canada, Europe, Asia, and internationally. The company was incorporated in 1979 and is headquartered in Dublin, Ohio. Cardinal Health operates under Medical Distribution classification in the United States and is traded on New York Stock Exchange. The company has 242.01 M outstanding shares of which 5.5 M shares are currently shorted by investors with about 3.3 days to cover. More on Cardinal Health
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Cardinal Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| CEO | Michael Kaufmann | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | Showing 3 out of 4 themes | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Health Care Providers & Services, Health Care Equipment & Services, Health Care, NYSE Composite, SP 500 Index, Stores, Drugs, Obamacare Repeal, Wholesale, Health Care, Health Care Providers & Services, Medical Distribution, Healthcare (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Excise Tax Activities | Animal Testing | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsCardinal Health can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Cardinal Health's financial leverage. It provides some insight into what part of Cardinal Health's total assets is financed by creditors.
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Cardinal Health (CAH) is traded on New York Stock Exchange in USA. It is located in 7000 Cardinal Place, Dublin, OH, United States, 43017 and employs 47,922 people. Cardinal Health is listed under Health Care Providers & Services category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 29.49 B. Cardinal Health runs under Health Care Providers & Services sector within Health Care industry. The entity has 242.01 M outstanding shares of which 5.5 M shares are currently shorted by investors with about 3.3 days to cover.
Cardinal Health has about 4.04 B in cash with 3.76 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 13.32.
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Ownership AllocationCardinal Health holds a total of 242.01 Million outstanding shares. The majority of Cardinal Health outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Cardinal Health to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Cardinal Health. Please pay attention to any change in the institutional holdings of Cardinal Health as this could imply that something significant has changed or is about to change at the company. Please note that on September 23, 2024, Representative Marjorie Taylor Greene of US Congress acquired under $15k worth of Cardinal Health's common stock.
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Cardinal Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Jpmorgan Chase & Co | 2024-06-30 | 3.1 M | |
| Bank Of America Corp | 2024-06-30 | 3 M | |
| Legal & General Group Plc | 2024-06-30 | 2.6 M | |
| Northern Trust Corp | 2024-09-30 | 2.6 M | |
| Ubs Asset Mgmt Americas Inc | 2024-09-30 | 2.2 M | |
| Lsv Asset Management | 2024-09-30 | 2.2 M | |
| Amundi | 2024-06-30 | 2.1 M | |
| T. Rowe Price Associates, Inc. | 2024-06-30 | 2.1 M | |
| Norges Bank | 2024-06-30 | 2.1 M | |
| Blackrock Inc | 2024-06-30 | 30.8 M | |
| Vanguard Group Inc | 2024-09-30 | 30.8 M |
Cardinal Health Historical Income Statement
Cardinal Stock Against Markets
Cardinal Health Corporate Directors
| John Losh | Independent Director | Profile | |
| Nancy Killefer | Independent Director | Profile | |
| Patricia Hall | Independent Director | Profile | |
| Calvin Darden | Independent Director | Profile |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cardinal Health. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For more detail on how to invest in Cardinal Stock please use our How to Invest in Cardinal Health guide.You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Health Care Providers & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cardinal Health. If investors know Cardinal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cardinal Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 48.135 | Dividend Share 2.012 | Earnings Share 5.2 | Revenue Per Share 921.782 | Quarterly Revenue Growth (0.04) |
The market value of Cardinal Health is measured differently than its book value, which is the value of Cardinal that is recorded on the company's balance sheet. Investors also form their own opinion of Cardinal Health's value that differs from its market value or its book value, called intrinsic value, which is Cardinal Health's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cardinal Health's market value can be influenced by many factors that don't directly affect Cardinal Health's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cardinal Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cardinal Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cardinal Health's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.