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.
Investment analysts gave a few price targets for CAH. The most optimistic price target was 87, implying potential capital gains of 12.1 percent. The minimum price target given was 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. That number becomes -6.06 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. 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. Over the past month, 0 analysts increased their quarterly estimates, while 2 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, 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. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. CAH has a PEG ratio of 0.72.
In the trailing 52-weeks, CAH hit 85.52 at the highest peak, while it's lowest trading point was 62.70. Currently the stock is 23.78 percent higher than its 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 market cap of CAH is $24.2 billion. CAH's next earnings release will be on 0000-00-00, which is days away.