A new trading day began on Monday, with Cardinal Health, Inc (NYSE: CAH) stock price up 0.49% from the previous day of trading, before settling in for the closing price of $167.18. CAH’s price has ranged from $93.17 to $168.17 over the past 52 weeks.
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During the last 5-year period, the sales drop of Healthcare Sector giant was -5.30%. Meanwhile, its annual earnings per share averaged 8.77%. With a float of $238.00 million, this company’s outstanding shares have now reached $239.00 million.
Let’s determine the extent of company efficiency that accounts for 48900 employees. In terms of profitability, gross margin is 3.5%, operating margin of 1.07%, and the pretax margin is 0.95%.
Cardinal Health, Inc (CAH) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Medical Distribution Industry. The insider ownership of Cardinal Health, Inc is 0.29%, while institutional ownership is 88.43%. The most recent insider transaction that took place on Nov 14 ’24, was worth 432,919. In this transaction Chief Accounting Officer of this company sold 3,504 shares at a rate of $123.55, taking the stock ownership to the 8,752 shares. Before that another transaction happened on Aug 21 ’24, when Company’s Chief Legal/Compliance Officer sold 16,573 for $109.39, making the entire transaction worth $1,812,920. This insider now owns 75,971 shares in total.
Cardinal Health, Inc (CAH) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 8.77% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 11.47% during the next five years compared to -5.30% drop over the previous five years of trading.
Cardinal Health, Inc (NYSE: CAH) Trading Performance Indicators
Here are Cardinal Health, Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.50. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.18. Likewise, its price to free cash flow for the trailing twelve months is 16.44.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.40, a number that is poised to hit 2.03 in the next quarter and is forecasted to reach 9.22 in one year’s time.
Technical Analysis of Cardinal Health, Inc (CAH)
Looking closely at Cardinal Health, Inc (NYSE: CAH), its last 5-days average volume was 2.89 million, which is a jump from its year-to-date volume of 2.49 million. As of the previous 9 days, the stock’s Stochastic %D was 89.82%.
During the past 100 days, Cardinal Health, Inc’s (CAH) raw stochastic average was set at 99.16%, which indicates a significant increase from 97.62% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.27% in the past 14 days, which was lower than the 22.37% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $152.28, while its 200-day Moving Average is $129.40. However, in the short run, Cardinal Health, Inc’s stock first resistance to watch stands at $168.74. Second resistance stands at $169.48. The third major resistance level sits at $170.57. If the price goes on to break the first support level at $166.92, it is likely to go to the next support level at $165.83. Should the price break the second support level, the third support level stands at $165.09.
Cardinal Health, Inc (NYSE: CAH) Key Stats
With a market capitalization of 40.10 billion, the company has a total of 238,677K Shares Outstanding. Currently, annual sales are 226,827 M while annual income is 852,000 K. The company’s previous quarter sales were 54,878 M while its latest quarter income was 506,000 K.
