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 highest price target was 87, implying potential capital gains of 12.1 percent. The minimum price target given was 65, which equates to a potential downside of -16.25 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Analysts have revised their earnings estimates downwards for this quarter, by about -0.4 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -6.06 percent. 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.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, while 2 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 2 analysts decreased their estimates.
The growth rate of CAH's earnings is estimated by analysts to be 25.63 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, 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 below the high by 9.25 percent. 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.