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Is Cardinal Health stock a good buy?
Good news, investors! Cardinal Health is still a bargain right now. According to my valuation, the intrinsic value for the stock is $97.03, but it is currently trading at US$62.98 on the share market, meaning that there is still an opportunity to buy now.
How much is cardinal worth right now?
How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding. Cardinal Health net worth as of July 15, 2022 is $15.04B.
Is Cardinal Health a dividend aristocrat?
As a Dividend Aristocrat, Cardinal Health is likely to continue raising its dividend each year. Moreover, the dividend appears secure, with a projected dividend payout ratio of approximately 34% for fiscal 2022.
Is Cardinal Health being sold?
DUBLIN, Ohio, Aug. 2, 2021 /PRNewswire/ -- Cardinal Health (NYSE: CAH) and Hellman & Friedman (H&F) announced today the completion of the previously announced sale of Cardinal Health's Cordis business to H&F.
Is Cardinal Health a big company?
Here are the 10 largest Ohio companies on the 2021 Fortune 500: 1. Cardinal Health ($152.9 billion, 14th overall) is a medical supply company headquartered in Dublin. It employs 48,000 people.
Who owns Cardinal Health?
Hellman & FriedmanCardinal sold the division in August 2021 to Hellman & Friedman, a private equity firm, for $1 billion. In April 2017, Cardinal Health announced the plan to acquire the patient product portfolio from Medtronic for $6.1 billion. The acquisition was completed on July 30, 2017.
Are dividend aristocrats a good investment?
One of the best safe havens for investors can be found with the Dividend Aristocrat stocks, which are noteworthy for their resilience and steady income. The defensive characteristics of Dividend Aristocrats is evidenced by their proven ability to outperform other stocks during market downturns.
What is the highest paying Dividend Aristocrat?
Dividend Aristocrats (Sorted by Dividend Yield)66 Dividend Aristocrats (Sorted by Dividend Yield)ExxonMobilXOM$3.52 (4.08%)3MMMM$5.96 (4.06%)Cardinal HealthCAH$1.98 (3.79%)Peoples United FinancialPBCT$0.73 (3.77%)64 more rows
Does Cardinal Health pay a dividend?
How much is Cardinal Health's dividend? CAH pays a dividend of $1.97 per share. CAH's annual dividend yield is 3.56%. Cardinal Health's dividend is higher than the US industry average of 1.78%, and it is lower than the US market average of 3.87%.
Is Cardinal Health part of Johnson and Johnson?
4, 2015 /PRNewswire/ -- Johnson & Johnson (NYSE: JNJ) today announced the completion of the divestiture of its Cordis business to Cardinal Health for an approximate value of $2 billion, subject to customary adjustments.
Is Cardinal Health part of Medtronic?
Cardinal Health Completes Acquisition of Medtronic's Patient Recovery Business. DUBLIN, Ohio , July 30, 2017 /PRNewswire/ -- Cardinal Health (NYSE: CAH) today announced that it has completed the acquisition of Medtronic's Patient Care, Deep Vein Thrombosis and Nutritional Insufficiency business for $6.1 billion .
Why is Cardinal Health selling Cordis?
Cardinal CEO Mike Kaufmann said in a statement the decision to divest Cordis was based on efforts to focus resources on strategic growth areas “where we are an advantaged owner.”
Should I buy or sell Cardinal Health stock right now?
8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cardinal Health in the last twelve months. There are currently 2 sell rati...
What is Cardinal Health's stock price forecast for 2022?
8 Wall Street analysts have issued 1 year target prices for Cardinal Health's shares. Their forecasts range from $53.00 to $74.00. On average, they...
How has Cardinal Health's stock price performed in 2022?
Cardinal Health's stock was trading at $51.49 at the start of the year. Since then, CAH stock has increased by 3.8% and is now trading at $53.46....
When is Cardinal Health's next earnings date?
Cardinal Health is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022. View our earnings forecast for Card...
How were Cardinal Health's earnings last quarter?
Cardinal Health, Inc. (NYSE:CAH) released its quarterly earnings data on Thursday, May, 5th. The company reported $1.45 earnings per share for the...
How often does Cardinal Health pay dividends? What is the dividend yield for Cardinal Health?
Cardinal Health announced a quarterly dividend on Tuesday, May 10th. Investors of record on Friday, July 1st will be given a dividend of $0.4957 pe...
Is Cardinal Health a good dividend stock?
Cardinal Health(NYSE:CAH) pays an annual dividend of $1.96 per share and currently has a dividend yield of 3.74%. Cardinal Health has been increasi...
What guidance has Cardinal Health issued on next quarter's earnings?
Cardinal Health issued an update on its FY 2022 earnings guidance on Thursday, May, 19th. The company provided EPS guidance of $5.15-$5.25 for the...
Who are Cardinal Health's key executives?
Cardinal Health's management team includes the following people: Mr. Michael C. Kaufmann , CEO & Director (Age 59, Pay $2.28M) Mr. Jason M. Holl...
How long has Cardinal Health been increasing its dividend?
What is the official website of Cardinal Health?
Cardinal Health has been increasing its dividend for 34 years.
What is the P/E ratio of Cardinal Health?
The official website for Cardinal Health is www.cardinalhealth.com.
How much of Cardinal Health is held by institutions?
The P/E ratio of Cardinal Health is 12.48, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 23.80.
What is Cardinal Health?
84.54% of the stock of Cardinal Health is held by institutions. High institutional ownership can be a signal of strong market trust in this company.
Is Cardinal Health a buy or sell company?
Cardinal Health, Inc. operates as an integrated healthcare services and products company in the United States and internationally. It provides customized solutions for hospitals, healthcare systems, pharmacies, ambulatory surgery centers, clinical laboratories, and physician offices. The company operates through two segments, Pharmaceutical and Medical. The Pharmaceutical segment distributes branded and generic pharmaceutical, specialty pharmaceutical, and over-the-counter healthcare and consumer products. It also provides services to pharmaceutical manufacturers and healthcare providers for specialty pharmaceutical products; operates nuclear pharmacies and radiopharmaceutical manufacturing facilities; and offers pharmacy management services to hospitals, as well as medication therapy management and patient outcomes services to hospitals, other healthcare providers, and payers. In addition, this segment repackages generic pharmaceuticals and over-the-counter healthcare products. The Medical segment manufactures, sources, and distributes Cardinal Health branded medical, surgical, and laboratory products. It also provides incontinence, nutritional delivery, wound care, cardiovascular, and endovascular products; single-use surgical drapes, gowns and apparel, and fluid suction and collection systems; urology products; operating room supplies; and electrode products. In addition, this segment distributes a range of national brand products, including medical, surgical, and laboratory products; and provides supply chain services and solutions to hospitals, ambulatory surgery centers, clinical laboratories, and other healthcare providers. Cardinal Health, Inc. was founded in 1979 and is headquartered in Dublin, Ohio.
What is Cardinal Health?
Cardinal Health has received a consensus rating of Buy. The company's average rating score is 2.63, and is based on 5 buy ratings, 3 hold ratings, and no sell ratings.
Is Cardinal Health on the NYSE?
Cardinal Health, Inc. operates as an integrated healthcare services and products company in the United States and internationally. It provides customized solutions for hospitals, healthcare systems, pharmacies, ambulatory surgery centers, clinical laboratories, and physician offices. The company operates through two segments, Pharmaceutical and Medical. The Pharmaceutical segment distributes branded and generic pharmaceutical, specialty pharmaceutical, and over-the-counter healthcare and consumer products. It also provides services to pharmaceutical manufacturers and healthcare providers for specialty pharmaceutical products; operates nuclear pharmacies and radiopharmaceutical manufacturing facilities; and offers pharmacy management services to hospitals, as well as medication therapy management and patient outcomes services to hospitals, other healthcare providers, and payers. In addition, this segment repackages generic pharmaceuticals and over-the-counter healthcare products. The Medical segment manufactures, sources, and distributes Cardinal Health branded medical, surgical, and laboratory products. It also provides incontinence, nutritional delivery, wound care, cardiovascular, and endovascular products; single-use surgical drapes, gowns and apparel, and fluid suction and collection systems; urology products; operating room supplies; and electrode products. In addition, this segment distributes a range of national brand products, including medical, surgical, and laboratory products; and provides supply chain services and solutions to hospitals, ambulatory surgery centers, clinical laboratories, and other healthcare providers. Cardinal Health, Inc. was founded in 1979 and is headquartered in Dublin, Ohio.
Is CAH bullish or bearish?
Cardinal Health, Inc. is listed on the NYSE as (NYSE:CAH).
How many articles has The Fool written on Cardinal Health?
2 of Wall Street analysts rate CAH as bullish, and 1 of Wall Street analysts rate CAH as bearish, and 12 rated it Neutral. Wall Street analysts’s average rating is Neutral. Create a Seeking Alpha Premium subscription to view more detailed rating information information.
When is CAH earnings call 2021?
The Fool has written over 200 articles on Cardinal Health.
How much will Cardinal Health make in 2021?
CAH earnings call for the period ending March 31, 2021.
When did Cardinal Health sell Cordis?
In fiscal 2021, Cardinal Health registered adjusted earnings per share of $5.57, up 2.2% from the previous year. Revenues increased 6.2% on a year-over-year basis to $162.45 billion. Delving deeper into the segmental revenue details, Pharmaceutical (89.7% of net revenues) increased 6% to $145.79 billion in fiscal 2019. Medical revenues (10.3% of net revenues) rose 8% on a year-over-year basis to $16.69 billion.
What are the different grades for stocks?
In March 2021, Cardinal Health inked a deal to divest its Cordis business to Hellman & Friedman (H&F) for an amount of around $1 billion. In August, the company completed the sale of this business.
Where is Cardinal Health located?
Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.
Does Zackstrade endorse or recommend investment strategies?
Headquartered in Dublin, OH , Cardinal Health Inc. is a nation-wide drug distributor and provider of services to pharmacies, healthcare providers and manufacturers. The company has two reporting segments – Pharmaceutical and Medical.
