Cardinal Health, Inc. had its "market perform" rating reiterated by analysts at Cowen.
The number of shares traded in the last trading session was 4.58 Million. Private Trust Co. NA increased its stake in shares of Cardinal Health by 0.3% in the first quarter.
The company reported an impressive total revenue of 121.55 Billion in the last fiscal year.
Cardinal Health, Inc.'s short ratio is at 3.89 and the float short is at 2.83%. KCM Investment Advisors LLC now owns 5,778 shares of the company's stock valued at $449,000 after buying an additional 17 shares in the last quarter. Reik & CO. LLC now owns 50,106 shares of the company's stock valued at $4,086,000 after buying an additional 480 shares during the last quarter. Institutional investors own 85.84% of the company's stock.
Over the last twelve months Cardinal Health, Inc.'s stock price has increased from 0.00 to 72.59, a change of 0%. Cooke & Bieler Limited Partnership owns 1.79% invested in Cardinal Health Inc (NYSE:CAH) for 1.25M shares. The company has market cap of $22.86 billion. Cardinal Health has a one year low of $62.70 and a one year high of $87.33.
Cardinal Health, Inc. has a 50 day moving average of 80.88 and a 200 day moving average of 75.84. The stock of Cardinal Health Inc (NYSE:CAH) earned "Hold" rating by Needham on Tuesday, April 4. Friess Assocs Limited Company owns 1,124 shares or 0.01% of their USA portfolio. The company's net profit margin has achieved the current level of 1.1 percent and possesses 5.1 percent gross margin. The business had revenue of $33.10 billion for the quarter, compared to analyst estimates of $33.63 billion. During the same quarter in the prior year, the firm posted $1.30 EPS. On average, equities research analysts anticipate that Cardinal Health Inc will post $5.38 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Saturday, April 15th. Stockholders of record on Monday, April 3rd were issued a dividend of $0.4489 per share.
On 5/4/2016 Cardinal Health announced a quarterly dividend of $0.45 2.29% with an ex dividend date of 6/29/2016 which will be payable on 7/15/2016. The stock remained 2.08% volatile for the week and 1.41% for the month. Cardinal Health's dividend payout ratio (DPR) is presently 43.17%.
'The Truth Will Come Out'
O'Reilly explained that he wouldn't say anymore because he didn't want to give the media any more ammunition to use turn against him.
COPYRIGHT VIOLATION WARNING: This story was first published by Markets Daily and is the sole property of of Markets Daily. If you are viewing this article on another website, it was illegally copied and reposted in violation of USA & global copyright and trademark laws. Advisors Asset Mgmt reported 0.04% of its portfolio in Cardinal Health Inc (NYSE:CAH).
CAH has been the subject of several research reports.
4/19/2017-William Blair was Downgraded by analysts at William Blair from a "Outperform " rating to a " Market Perform" rating.
There are 13 hold ratings, 5 buy ratings on the stock.
Earnings per share (EPS) breaks down the profitability of the company on a single share basis, and for Cardinal Health, Inc. the EPS stands at 1.34 for the previous quarter, while the analysts predicted the EPS of the stock to be 1.23, suggesting the stock exceeded the analysts' expectations. Finally, Evercore ISI upgraded Cardinal Health to an "outperform" rating in a research note on Thursday, April 6th. Buy rating has been given by 9 analysts to the company stock whereas no analyst given UNDERPERFORM rating to stock and 2 analysts given HOLD rating. The firm owned 7,190 shares of the company's stock after selling 75 shares during the period.
In related news, Chairman George S. Barrett sold 217,994 shares of the stock in a transaction on Friday, February 10th. They now have a United States dollars 83 price target on the stock. Following the completion of the sale, the chairman now owns 682,225 shares of the company's stock, valued at $52,688,236.75. The forecast of 3 surveyed investment analysts covering the stock advises investors to Buy stake in the company.
This segment also operates nuclear pharmacies and cyclotron facilities; provides pharmacy management services to hospitals, as well as medication therapy management and patient outcomes services to hospitals, other healthcare providers and payers, and provides services to healthcare companies.
Comments