Cardinal Health (NYSE:CAH) Releases FY 2025 Earnings Guidance

Cardinal Health (NYSE:CAH) updated its FY 2025 earnings guidance on Friday. The company provided earnings per share guidance of 7.900-7.900 for the period, compared to the consensus earnings per share estimate of 8.720. The company issued revenue guidance of -.

Analysts Set New Price Targets

A number of analysts recently issued reports on the stock. Mizuho started coverage on shares of Cardinal Health in a research report on Wednesday, December 4th. They set an “outperform” rating and a $139.00 target price for the company. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Cardinal Health from $119.00 to $124.00 and gave the company a “hold” rating in a report on Monday, November 4th. UBS Group raised their price objective on Cardinal Health from $134.00 to $139.00 and gave the company a “buy” rating in a research report on Monday, November 4th. Citigroup upped their target price on Cardinal Health from $120.00 to $129.00 and gave the stock a “neutral” rating in a research report on Friday, January 10th. Finally, Barclays raised their target price on Cardinal Health from $117.00 to $133.00 and gave the company an “overweight” rating in a report on Monday, November 4th. Four analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. Based on data from MarketBeat, Cardinal Health has an average rating of “Moderate Buy” and a consensus price target of $133.29.

Cardinal Health Trading Down 0.6 %

CAH stock traded down $0.76 during mid-day trading on Friday, hitting $126.27. 1,642,944 shares of the company were exchanged, compared to its average volume of 2,121,686. The firm has a fifty day simple moving average of $120.63 and a 200 day simple moving average of $111.61. The company has a market capitalization of $30.56 billion, a PE ratio of 24.57, a price-to-earnings-growth ratio of 1.48 and a beta of 0.63. Cardinal Health has a twelve month low of $93.17 and a twelve month high of $127.27.

Cardinal Health (NYSE:CAH) last posted its quarterly earnings results on Friday, November 1st. The company reported $1.88 EPS for the quarter, topping analysts’ consensus estimates of $1.62 by $0.26. The business had revenue of $52.28 billion during the quarter, compared to the consensus estimate of $50.90 billion. Cardinal Health had a negative return on equity of 56.56% and a net margin of 0.56%. The company’s revenue for the quarter was down 4.3% compared to the same quarter last year. During the same period last year, the firm earned $1.73 earnings per share. As a group, sell-side analysts anticipate that Cardinal Health will post 7.82 earnings per share for the current year.

Cardinal Health Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Thursday, January 2nd were paid a $0.5056 dividend. The ex-dividend date of this dividend was Thursday, January 2nd. This represents a $2.02 dividend on an annualized basis and a yield of 1.60%. Cardinal Health’s payout ratio is currently 39.30%.

About Cardinal Health

Cardinal Health, Inc operates as a healthcare services and products company in the United States, Canada, Europe, Asia, and internationally. It provides customized solutions for hospitals, healthcare systems, pharmacies, ambulatory surgery centers, clinical laboratories, physician offices, and patients in the home.