Cardinal Health Inc. (CAH) volume hits 2.05 million: A New Opening for Investors


Cardinal Health Inc. (NYSE: CAH) open the trading on November 23, 2022, with a bit cautious approach as it glided -0.57% to $78.44. During the day, the stock rose to $79.40 and sunk to $77.97 before settling in for the price of $78.89 at the close. Taking a more long-term approach, CAH posted a 52-week range of $45.85-$81.57.

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The Healthcare Sector giants’ yearly sales growth during the last 5-year period was 6.90%. Meanwhile, its Annual Earning per share during the time was -23.10%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -260.90%. This publicly-traded company’s shares outstanding now amounts to $271.00 million, simultaneously with a float of $261.12 million. The organization now has a market capitalization sitting at $20.27 billion. At the time of writing, stock’s 50-day Moving Average stood at $72.26, while the 200-day Moving Average is $61.77.

Cardinal Health Inc. (CAH) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Medical Distribution industry. Cardinal Health Inc.’s current insider ownership accounts for 0.60%, in contrast to 92.90% institutional ownership. According to the most recent insider trade that took place on Nov 15, this organization’s Director bought 200 shares at the rate of 74.72, making the entire transaction reach 14,944 in total value, affecting insider ownership by 3,324. Preceding that transaction, on Nov 14, Company’s Director bought 200 for 76.30, making the whole transaction’s value amount to 15,260. This particular insider is now the holder of 3,124 in total.

Cardinal Health Inc. (CAH) Earnings and Revenue Records

So, what does the last quarter earnings report of the company that was made public on 6/29/2022 suggests? It has posted $1.05 earnings per share (EPS) not meeting the forecaster’s viewpoint (set at $1.17) by -$0.12. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.24 per share during the current fiscal year.

Cardinal Health Inc.’s EPS decrease for this current 12-month fiscal period is -260.90% and is forecasted to reach 6.30 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 10.30% through the next 5 years, which can be compared against the -23.10% growth it accomplished over the previous five years trading on the market.

Cardinal Health Inc. (NYSE: CAH) Trading Performance Indicators

Let’s observe the current performance indicators for Cardinal Health Inc. (CAH). It’s Quick Ratio in the last reported quarter now stands at 0.50. The Stock has managed to achieve an average true range (ATR) of 2.09. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.11. Similarly, its price to free cash flow for trailing twelve months is now 7.11.

In the same vein, CAH’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -3.98, a figure that is expected to reach 1.18 in the next quarter, and analysts are predicting that it will be 6.30 at the market close of one year from today.

Technical Analysis of Cardinal Health Inc. (CAH)

[Cardinal Health Inc., CAH] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 69.15% While, its Average True Range was 2.10.


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