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.

Many analysts weighed in on price targets for CAH. The most optimistic analyst gave a price target of 87, which equates to a potential upside of 12.1 percent. The most pessimistic analyst gave a price target of 65, implying a possible loss of -16.25 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -0.4 percent. The average change in earnings estimates over the last 90 days is -6.06 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.09 percent.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 2 analysts that revised their FY estimates downwards.

The growth rate of CAH's earnings is estimated by analysts to be 25.63 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, 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.

CAH has a 52-week high of 85.52 and a 52-week low of 62.70. The current market price is above the trailing year's low by 23.78 percent, and 9.25 percent below the high. CAH has a P/E 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 market cap of CAH is $24.2 billion. CAH will post this quarters earnings in days, on 0000-00-00.