In recent trading session, Cardinal Health, Inc. (NYSE:CAH) saw 1.17 million shares changing hands at last check today with its beta currently measuring 0.67. Company’s recent per share price level of $106.51 trading at $4.34 or 4.25% at last check today assigns it a market valuation of $25.91B. That closing price of CAH’s stock is at a discount of -8.95% from its 52-week high price of $116.04 and is indicating a premium of 27.18% from its 52-week low price of $77.56. Taking a look at company’s average trading volume volume of 2.27 million if we extend that period to 3-months.
Cardinal Health, Inc. (NYSE:CAH) trade information
Upright in the green today for gaining 4.25%, in the last five days CAH remained trading in the green while hitting it’s week-highest on Thursday, 05/02/24 when the stock touched $106.51 price level, subtracting -0.88% to its value on the day. Cardinal Health, Inc.’s shares saw a change of 5.67% in year-to-date performance and have moved 2.61% in past 5-day. Cardinal Health, Inc. (NYSE:CAH) showed a performance of -3.98% in past 30-days.
Cardinal Health, Inc. (CAH) estimates and forecasts
Statistics highlight that Cardinal Health, Inc. is scoring comparatively higher than the scores of other players of the relevant industry. The company added 17.05% of value to its shares in past 6 months, showing an annual growth rate of 25.73% while that of industry is 10.80. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 10.40% from the last financial year’s standing.
12 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 56.05B for the same. And 11 analysts are in estimates of company making revenue of 58.96B in the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 4.23% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 25.90% while estimates for its earnings growth in next 5 years are of 14.60%.
CAH Dividends
Cardinal Health, Inc. is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
