Cardinal Health, Inc. (NYSE:CAH) went up by 2.81% from its latest closing price when compared to the 1-year high value of $60.69 and move down -16.78%, while CAH stocks collected -3.44% of loss with the last five trading sessions. Press Release reported on 06/26/20 that Dave Evans to join Cardinal Health Board of Directors
Cardinal Health, Inc. (NYSE:CAH) Worth an Investment?
Cardinal Health, Inc. (NYSE: CAH) The 36 Months beta value for CAH stocks is at 1.00, while of the analysts out of 0 who provided ratings for Cardinal Health, Inc. stocks as a “buy” while as overweight, rated it as hold and as sell. CAH currently has a short float of 1.41% and public float of 291.52M with average trading volume of 2.63M shares.
CAH Market Performance
CAH stocks went down by -3.44% for the week, with the monthly drop of -4.97% and a quarterly performance of 7.29%, while its annual performance rate touched 10.34%. The simple moving average for the period of the last 20 days is -4.55% for CAH stocks with the simple moving average of 1.01% for the last 200 days.
Analysts’ Opinion on Cardinal Health, Inc. (NYSE:CAH)
Many brokerage firms have already submitted their reports for CAH stocks, with UBS repeating the rating for CAH shares by setting it to “Buy”. The predicted price for CAH socks in the upcoming period according to UBS is $64 based on the research report published on May 15, 2020.
Credit Suisse, on the other hand, stated in their research note that they expect to see CAH stock at the price of $53. The rating they have provided for CAH stocks is “Neutral” according to the report published on April 23, 2020.
BofA/Merrill gave “ Buy” rating to CAH stocks, setting the target price at $58 in the report published on March 20, 2020.
CAH Stocks -0.28% Far from 50 Day Moving Average
After a stumble in the market that brought CAH to its low price for the period of the last 52 weeks, Cardinal Health, Inc. was unable to take a rebound, for now settling with -14.37% of loss for the given period.
The stock volatility was left at 3.13%, however, within the period of a single month, the volatility rate increased by 2.81%, while the shares sank at the distance of -4.99% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +1.44% upper at the present time.
In the course of the last 5 trading sessions, CAH went down by -3.44%, which changed the moving average for the period of 200 days to the total of +7.20% of gains for the stock in comparison to the 20-day moving average settled at $54.31. In addition, Cardinal Health, Inc. saw 2.75% in overturn over the period of a single year with a tendency to cut further gains.
CAH Stock Fundamentals
The current profitability levels are settled at +1.25 for the present operating margin and +4.33 for gross margin. The net margin for Cardinal Health, Inc. stands at +0.94. Total capital return value is set at 12.36, while invested capital returns managed to touch 9.74. Equity return holds the value -176.40%, with -10.20% for asset returns.
Based on Cardinal Health, Inc. (CAH), the company’s capital structure generated 126.91 points for debt to equity in total, while total debt to capital is set at the value of 55.93. Total debt to assets is settled at the value of 19.61 with long-term debt to equity ratio rests at 6.19 and long-term debt to capital is 119.77.
EBITDA value lies at +815.00 M with total debt to EBITDA carrying the value of 2.86. The value for Enterprise to Sales is 0.13 with debt to enterprise value settled at 0.41. The receivables turnover for Cardinal Health, Inc. is 17.87 with the total asset turnover at the value of 3.60. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.07.