The company reported $1.09 earnings per share for the quarter, beating analysts' consensus estimates of $1.00 by $0.09. The company has market cap of $7.40 billion. The stock decreased 0.49% or $0.58 during the last trading session, reaching $117.64. For the next 5 years, Cardinal Health, Inc.is expecting Growth of 5.24% per annum, whereas in the past 5 years the growth was 10.47% per annum. It has underperformed by 15.67% the S&P500. (GNRC) by 18.33% based on its latest 2017Q3 regulatory filing with the SEC.
Knowing how the debt/equity ratio works helps understand buyers how a company finances its assets.
ATR value of the company was 1.54 and Relative Strength Index (RSI) was 69.45. The stock decreased 1.94% or $0.94 during the last trading session, reaching $47.41. About 942,155 shares traded or 2.72% up from the average. VANGUARD GROUP INC also announced increased position in T-Mobile US, Inc. Pfizer Inc. (NYSE:PFE) has declined 2.76% since January 11, 2017 and is downtrending. It has underperformed by 33.62% the S&P500. The rating was initiated by Needham on Tuesday, April 4 with "Hold". Therefore 61% are positive. T-Mobile US had 71 analyst reports since August 3, 2015 according to SRatingsIntel. As per Wednesday, December 21, the company rating was downgraded by Leerink Swann. (NYSE:CAH). Johnson Inv Counsel Inc invested in 8,994 shares. The firm earned "Buy" rating on Monday, August 10 by Zacks. The stock of Generac Holdings Inc. (NYSE:CAH) earned "Hold" rating by Deutsche Bank on Thursday, August 4. The rating was initiated by UBS with "Neutral" on Thursday, October 6.
Analysts await Tupperware Brands Corporation (NYSE:TUP) to report earnings on February, 7.
Cardinal Health (NYSE:CAH) last issued its quarterly earnings results on Monday, November 6th. CAH's profit would be $358.65M giving it 14.93 P/E if the $1.14 EPS is correct. Vulcan Value Partners Llc who had been investing in Cardinal Health Inc for a number of months, seems to be bullish on the $21.90B market cap company.More news: Boeing Unveils New Unmanned Cargo Air Vehicle Prototype
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Investors sentiment increased to 0.9 in 2017 Q3. Its down 0.09, from 1.09 in 2017Q2. 53 funds opened positions while 118 raised stakes. Butensky & Cohen Security holds 1.42% or 25,845 shares in its portfolio. Quantbot Technology Ltd Partnership has invested 0.18% in Cardinal Health, Inc. Regions reported 56,257 shares.
VEREIT, Inc.is a publicly owned real estate investment trust. Jpmorgan Chase And reported 1.58M shares or 0.02% of all its holdings. Virginia Retirement Sys Et Al, Virginia-based fund reported 75,533 shares. The Pennsylvania-based Nationwide Fund Advisors has invested 0.08% in Cardinal Health, Inc. (NYSE:SNR). Dimensional Fund Advsrs LP holds 1.18 million shares. Retail Bank Of Montreal Can owns 568,688 shares. Salem Counselors invested in 0% or 200 shares. Ubs Asset Mgmt Americas accumulated 161,377 shares. Warren Averett Asset Management Limited, a Alabama-based fund reported 12,126 shares. Teachers Insurance And Annuity Association Of America has invested 0.02% in New Senior Investment Group Inc.
Investors sentiment increased to 0.9 in Q3 2017. Its down 0.04, from 1.34 in 2017Q2. It is positive, as 63 investors sold CAH shares while 229 reduced holdings. American Century Companies Inc. raised its position in shares of Cardinal Health by 58.7% in the third quarter. 275.05 million shares or 0.51% more from 273.65 million shares in 2017Q2 were reported. Rr Ptnrs Lp owns 3.53% invested in Cardinal Health, Inc. Manchester Cap Mngmt Ltd Limited Liability Company invested 0.01% of its portfolio in Cardinal Health, Inc. (NYSE:CAH) for 1.81M shares.
Cardinal Health, Inc.is a global, integrated healthcare services and products company, providing customized solutions for hospitals, health systems, pharmacies, ambulatory surgery centers, clinical laboratories and physician offices worldwide. (NYSE:CAH). Mitsubishi Ufj Trust Banking Corporation accumulated 0.08% or 648,317 shares. (NYSE:CAH). 59,682 are owned by Fort Washington Invest Oh. Empirical Services Ltd Liability Company holds 0.06% in Pfizer Inc. Envestnet Asset Mngmt invested in 966 shares. Deutsche Bank maintained Cardinal Health, Inc. Riggs Asset Managment accumulated 0.02% or 510 shares. Cardinal Health's dividend payout ratio (DPR) is now 53.94%. Bank Of Nova Scotia invested 0.04% of its portfolio in Cardinal Health, Inc. Morgan Stanley has invested 0.03% in Cardinal Health, Inc. (NYSE:PFE) or 7,408 shares. The institutional investor held 2.26M shares of the major banks company at the end of 2017Q3, valued at $145.01M, down from 2.34 million at the end of the previous reported quarter. It also reduced its holding in Citizens Finl Group Inc (NYSE:CFG) by 17,569 shares in the quarter, leaving it with 46,576 shares, and cut its stake in Citigroup Inc (NYSE:C). Two analysts have rated the stock with a sell recommendation, thirteen have given a hold recommendation and five have given a buy recommendation to the company. CAH was included in 44 notes of analysts from August 10, 2015. Eight analysts have provided estimates for Cardinal Health's earnings. RBC Capital Markets maintained PPG Industries, Inc. The firm has "Neutral" rating by JP Morgan given on Tuesday, March 15. According to today's trading volume Cardinal Health, Inc.is ABOVE its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days. As per Wednesday, April 19, the company rating was downgraded by William Blair. Raymond James upgraded the stock to "Outperform" rating in Tuesday, February 7 report. Goldman Sachs upgraded Cardinal Health, Inc.