The company's average rating is Buy from 12 analysts. Our advice module provides unbiased investment recommendation that can be used to complement current
average analyst sentiment on Cardinal Health. Our advice engine provides an advice for the firm potential to grow from the perspective of an investor's risk tolerance and investing horizon.
The successful prediction of Cardinal Health
stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published
stock prices of traded companies, such as Cardinal Health, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at
the intrinsic value of Cardinal Health based on Cardinal Health hews, social hype, general headline patterns, and widely used
predictive technical indicators. We also calculate exposure to Cardinal Health's
market risk, different
technical and
fundamental indicators, relevant financial multiples and ratios, and then
comparing them to Cardinal Health's related companies.
Use Technical Analysis to project Cardinal expected Price
Cardinal Health technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Cardinal Health technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Cardinal Health trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions.
More Info...Cardinal Health Gross Profit
Cardinal Health Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Cardinal Health previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Cardinal Health Gross Profit growth over the last 10 years. Please check Cardinal Health's
gross profit and other
fundamental indicators for more details.
Breaking down Cardinal Health Indicators
Cardinal Health reported the last year's revenue of 154.65
B. Total Income to common stockholders was 973
M with profit before taxes, overhead, and interest of 6.87
B.
Cost of Revenue Breakdown
Cardinal Health Cost of Revenue is increasing over the last several years with slightly volatile swings. Cost of Revenue is predicted to flatten to about 153
B. Cost of Revenue usually refers to the aggregate cost of goods produced and sold and services rendered during the reporting period. Cardinal Health Cost of Revenue is most likely to increase significantly in the upcoming years. The last year's value of Cost of Revenue was reported at 167.96 Billion
| 2014 | 96.82 Billion |
| 2015 | 115 Billion |
| 2016 | 123.43 Billion |
| 2017 | 129.63 Billion |
| 2018 | 138.7 Billion |
| 2019 | 146.05 Billion |
| 2020 | 167.96 Billion |
| 2021 | 153.03 Billion |
Will Cardinal Health growth be feasible after the rise?
Current coefficient of variation is at 722.01. Cardinal Health has relatively low volatility with skewness of 0.39 and kurtosis of 2.49. However, we advise all investors to independently investigate Cardinal Health to ensure all accessible information is consistent with the expectations about its upside potential and future expected returns.
Our Conclusion on Cardinal Health
When is the right time to buy or sell Cardinal Health? Buying stocks such as Cardinal Health isn't very hard. However, what challenging for most investors is doing it at the right time. Proper market timing is something most people cannot do without
sophisticated tools, which help to isolate the right opportunities, deliver winning trades and diversify portfolios on a daily basis. With an optimistic outlook on your 30 days horizon, it may be a good time to pick up new shares of Cardinal or increase your existing holdings in the Stock as it seems the potential growth has not yet been fully factored into the current price. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Cardinal Health.
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Ellen Johnson is a Member of Macroaxis Editorial Board. Ellen covers public companies in North America, focusing primarily on valuation and volatility. Six years of experience in predictive investment analytics and risk management.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Ellen Johnson do not own shares of Cardinal Health. Please refer to our
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