Cardinal Health is a medical distribution company located in Ohio, United States, which is part of the Healthcare sector, and is traded under the ticker CAH on the NYSE exchange.
Cardinal Health stock last closed at $71.24, up 1.24% from the previous day, and has increased 23.25% in one year. It has overperformed other stocks in the Medical Distribution industry by 0.21 percentage points. Cardinal Health stock is currently +43.34% from its 52-week low of $49.70, and -12.66% from its 52-week high of $81.57.
As of Mar 27, 2023, there are 257.64M CAH shares outstanding. The market capitalization of CAH is $18.35B. In the last 24 hours, 2.21M CAH shares were traded.
You will need a brokerage account in order to access the NYSE market and buy CAH shares.
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Open eToro AccountNow that you've chosen the right brokerage, it's time to fill out some personal info so you are able to invest in CAH stock today.
Now that you have finished signing up on the stock trading app, your next step is to transfer the money for your investment:
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After you have decided on the best place to buy Cardinal Health stock, it's very important to evaluate their stock prior to investing, so you can understand the risk and opportunity.
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You can see all of the due diligence checks on CAH's stock page.
Investors use a variety of different financial metrics, analyses, models, and charts to gauge CAH's fair value.
You can access additional valuation analysis on CAH's stock here.
Out of 8 sell side analysts who give ratings on CAH, the consensus analyst rating on Cardinal Health is a Buy
It's important to keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
George Hill, a top 12% analyst from Deutsche Bank maintains CAH with a hold rating and lowers their CAH price target from $82.00 to $77.00, on Mar 22, 2023.
Jonathan Yong, a bottom 9% analyst from Credit Suisse maintains CAH with a hold rating and raises their CAH price target from $89.00 to $92.00, on Feb 3, 2023.
Erin Wright, a top 4% analyst from Morgan Stanley maintains CAH with a strong buy rating and raises their CAH price target from $86.00 to $90.00, on Feb 3, 2023.
Eric Coldwell, a bottom 16% analyst from Baird upgrades CAH to a buy rating and raises their CAH price target from $87.00 to $94.00, on Feb 3, 2023.
Kevin Caliendo, a top 30% analyst from UBS maintains CAH with a strong buy rating and raises their CAH price target from $78.00 to $91.00, on Jan 31, 2023.
You can dive deeper into what analysts are projecting on the Cardinal Health stock forecast page.
Last year, CAH revenue was $193.01B. During the last 5 year, CAH's revenue has grown by 7.79% per year. This was faster than the Medical Distribution industry average of 7.04%.
Find out more about CAH's earnings and revenue performance here.
Over the last 12 months, executives and large shareholders at CAH have sold more shares than they have bought.
Michelle D. Greene, Chief Information Officer of CAH, was the latest CAH insider to sell. They sold $47,311.68 worth of CAH stock on Mar 15, 2023.
Dig into more about who owns CAH shares here.
Cardinal Health pays a dividend of 2.78%, compared to the Medical Distribution industry's average dividend yield of 2.2%. If you owned $1,000 of CAH stock, you would have been paid $27.76 last year.
Cardinal Health dividend payments have consistently grown over the past decade and have remained stable.
Find more data about Cardinal Health dividend yield and history here.
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Now that you own some shares in CAH, you'll want to keep up with your new investment.
Make a watchlist to keep tabs on your CAH stock.
To reiterate, here are the 6 steps for buying Cardinal Health stock:
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