What is going on with Cardinal Health?
Cardinal Health said Monday it expects supply-chain disruptions and inflation to trim off between $150 million to $175 million in profits from its medical segment in 2022. Shares of the healthcare services and products provider were down 7.22% to $50.33 on Monday.Jan 10, 2022
Is Cardinal Health stock a good buy?
CAH Is A Great Bargain Buy, Here's Why CAH fits the mold of an economically-essential business and in the trailing 12 months, generated $167B in total revenue. Cardinal Health is seeing encouraging top-line growth, with 13% YoY revenue growth in Q1'22 (ended September 2021) to $44.0 billion.Dec 14, 2021
Is Cardinal Health undervalued?
But no matter what numbers we see as realistic at this point, Cardinal Health is undervalued. Even if we take the low free cash flow of the last four quarters and assume only 3% growth, the intrinsic value is still $64.57 and Cardinal Health is still trading 20% below its intrinsic value.Aug 20, 2021
Why is CAH stock down today?
Cardinal Health (NYSE:CAH) stock is down today after the company's third-quarter earnings missed the Wall Street consensus forecast.May 6, 2021
Is Cardinal Health a dividend aristocrat?
While Cardinal operates in over 45 countries, about 90% of the company's sales are derived from the U.S. Cardinal has raised its regular quarterly dividend every year since 1985, making it a dividend aristocrat.Jul 3, 2019
Should I buy WBA stock?
Bottom line: WBA stock is not a buy right now. While Walgreens is consolidating with a 57.15 buy point, investors should focus on stocks that have stronger fundamentals, and better track records of technical outperformance — such as Relative Strength lines and RS scores.Mar 31, 2022
Does Cardinal Health pay a dividend?
How much is CARDINAL HEALTH's dividend? CAH pays a dividend of $1.96 per share. CAH's annual dividend yield is 3.07%. CARDINAL HEALTH's dividend is higher than the US industry average of 1.43%, and it is lower than the US market average of 3.29%.
What company owns Cardinal Health?
Hellman & FriedmanThe acquisition was completed on October 4, 2015. Cardinal sold the division in August 2021 to Hellman & Friedman, a private equity firm, for $1 billion.
Is Cardinal Health a public company?
That was the year the company purchased a Zanesville, Ohio, drug distributor and became known as Cardinal Distribution. In 1983, Cardinal Health went public and, over the next decade, expanded its fast-growing pharmaceutical distribution business with the acquisition of more than a dozen U.S. drug distributors.
What happened
So what
Shares of Cardinal Health ( CAH -1.81% ) fell over 13% last month, according to data provided by S&P Global Market Intelligence, after the global healthcare services and products company reported fiscal third-quarter 2019 operating results. While revenue climbed 5% from the year-ago period, operating income tumbled 21%.
Now what
Cardinal Health's fiscal third-quarter 2019 operating results tell the story pretty well. Consider how the most recent numbers stack up against the year-ago performance:
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Investors might be drawn to Cardinal Health for its healthy 4.6% annual dividend yield, but the headwinds facing the generic portfolio cannot be overlooked. Management said it expects to provide more details on its outlook for the market when fiscal 2019 operating results are announced in August.
