Analyst Ratings for Cardinal Health Inc. (CAH)

Updated: 2017-07-28

Cardinal Health Inc. (NYSE:CAH) was awarded an average rating of Hold from investment analysts following the stock. CAH had previously received a consensus rating of Hold a month ago.

Of the 20 analysts covering the stock, 4 gave it a buy rating, 0 issued an overweight rating, 16 gave a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an increase of 1 in the number of analysts with a positive outlook on the stock. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

A number of analysts gave price targets for CAH. The most optimistic price target was 87, which equates to a potential upside of 12.1 percent. The lowest price target was 65, which equates to a potential downside of -16.25 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -0.4 percent. That number becomes -6.06 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of -0.09 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 2 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 2 analysts that revised their FY estimates downwards.

CAH has an estimated earnings growth rate of 25.63 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of CAH is 0.72.

In the trailing 52-weeks, CAH hit 85.52 at the highest peak, while it's lowest trading point was 62.70. Today's price is 23.78 percent above the 52-week low, and 9.25 percent lower than its 52-week high. CAH has a price/earnings ratio of 18.48. Investors typically compare the P/E ratio to a company's peers in the industry. The CAH value stock report compares CAH to some of its peers using value stock charts. The stock has a market capitalization of $24.2 billion. CAH's next earnings release will be on 0000-00-00, which is days away.