Cardinal Health Stock Performance
| CAH Stock | USD 103.81 0.27 0.26% |
The firm shows a Beta (market volatility) of -0.11, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Cardinal Health are expected to decrease at a much lower rate. During the bear market, Cardinal Health is likely to outperform the market. Cardinal Health has an expected return of -0.0198%. Please make sure to confirm Cardinal Health kurtosis, and the relationship between the maximum drawdown and rate of daily change , to decide if Cardinal Health performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Cardinal Health has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fairly strong basic indicators, Cardinal Health is not utilizing all of its potentials. The latest stock price confusion, may contribute to short-horizon losses for the traders. ...more
Actual Historical Performance (%)
One Day Return 0.71 | Five Day Return (1.97) | Year To Date Return 1.61 | Ten Year Return 51.97 | All Time Return 11.5 K |
Forward Dividend Yield 0.0193 | Payout Ratio 0.2927 | Last Split Factor 3:2 | Forward Dividend Rate 2 | Dividend Date 2024-04-15 |
1 | Heres Why Cardinal Health Fell More Than Broader Market | 04/08/2024 |
2 | Cardinal Health, Inc. is Attracting Investor Attention Here is What You Should Know | 04/12/2024 |
| Cardinal Health dividend paid on 15th of April 2024 | 04/15/2024 |
4 | Revvitys Launch to Boost Pharma-Contract Partner Tie-Up | 04/16/2024 |
5 | Gloves Market size is set to grow by USD 11.32 billion from 2024-2028, AMMEX Corp., Ansell Ltd. and Cardinal Health Inc., and more to emerge as Some of the Key ... | 04/17/2024 |
6 | Heres Why You Should Retain Medtronic Stock for Now | 04/18/2024 |
7 | GE HealthCares Voluson to Aid Womens Health Imaging | 04/19/2024 |
8 | U.S. stocks higher at close of trade Dow Jones Industrial Average up 0.67 | 04/22/2024 |
9 | Philips Zenition 30 to Boost Image-Guided Surgeries | 04/23/2024 |
| Begin Period Cash Flow | 4.7 B | |
| Total Cashflows From Investing Activities | -454 M |
Cardinal |
Cardinal Health Relative Risk vs. Return Landscape
If you would invest 10,581 in Cardinal Health on January 27, 2024 and sell it today you would lose (200.00) from holding Cardinal Health or give up 1.89% of portfolio value over 90 days. Cardinal Health is generating negative expected returns assuming volatility of 1.4856% on return distribution over 90 days investment horizon. In other words, 13% of stocks are less volatile than Cardinal, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Cardinal Health Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cardinal Health's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Cardinal Health, and traders can use it to determine the average amount a Cardinal Health's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0133
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| Negative Returns | CAH |
Estimated Market Risk
| 1.49 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Cardinal Health is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Cardinal Health by adding Cardinal Health to a well-diversified portfolio.
Cardinal Health Fundamentals Growth
Cardinal Stock prices reflect investors' perceptions of the future prospects and financial health of Cardinal Health, and Cardinal Health fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Cardinal Stock performance.
| Return On Asset | 0.0279 | ||||
| Profit Margin | 0 % | ||||
| Operating Margin | 0.01 % | ||||
| Current Valuation | 25.32 B | ||||
| Shares Outstanding | 243.23 M | ||||
| Price To Earning | 16.00 X | ||||
| Price To Book | 16.07 X | ||||
| Price To Sales | 0.12 X | ||||
| Revenue | 205.01 B | ||||
| Gross Profit | 6.54 B | ||||
| EBITDA | 2.47 B | ||||
| Net Income | 262 M | ||||
| Cash And Equivalents | 4.04 B | ||||
| Cash Per Share | 13.32 X | ||||
| Total Debt | 4.7 B | ||||
| Debt To Equity | 5.63 % | ||||
| Current Ratio | 1.04 X | ||||
| Book Value Per Share | (14.13) X | ||||
| Cash Flow From Operations | 2.84 B | ||||
| Earnings Per Share | 2.52 X | ||||
| Market Capitalization | 25.18 B | ||||
| Total Asset | 43.42 B | ||||
| Retained Earnings | (534 M) | ||||
| Working Capital | 127 M | ||||
| Current Asset | 21.96 B | ||||
| Current Liabilities | 19.7 B | ||||
About Cardinal Health Performance
To evaluate Cardinal Health Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Cardinal Health generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Cardinal Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Cardinal Health market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Cardinal's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 63.48 | 47.58 | |
| Return On Tangible Assets | 0.05 | 0.05 | |
| Return On Capital Employed | 0.13 | 0.17 | |
| Return On Assets | 0.05 | 0.04 | |
| Return On Equity | 0.13 | 0.13 |
Things to note about Cardinal Health performance evaluation
Checking the ongoing alerts about Cardinal Health for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Cardinal Health help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Cardinal Health generated a negative expected return over the last 90 days | |
| Over 90.0% of the company shares are held by institutions such as insurance companies | |
| On 15th of April 2024 Cardinal Health paid $ 0.5006 per share dividend to its current shareholders | |
| Latest headline from benzinga.com: Philips Zenition 30 to Boost Image-Guided Surgeries |
- Analyzing Cardinal Health's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Cardinal Health's stock is overvalued or undervalued compared to its peers.
- Examining Cardinal Health's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Cardinal Health's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Cardinal Health's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Cardinal Health's stock. These opinions can provide insight into Cardinal Health's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cardinal Health. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. For more detail on how to invest in Cardinal Stock please use our How to Invest in Cardinal Health guide.Note that the Cardinal Health information on this page should be used as a complementary analysis to other Cardinal Health's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Complementary Tools for Cardinal Stock analysis
When running Cardinal Health's price analysis, check to measure Cardinal Health's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cardinal Health is operating at the current time. Most of Cardinal Health's value examination focuses on studying past and present price action to predict the probability of Cardinal Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cardinal Health's price. Additionally, you may evaluate how the addition of Cardinal Health to your portfolios can decrease your overall portfolio volatility.
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Is Cardinal Health's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cardinal Health. If investors know Cardinal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cardinal Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.95) | Dividend Share 1.998 | Earnings Share 2.52 | Revenue Per Share 859.435 | Quarterly Revenue Growth 0.116 |
The market value of Cardinal Health is measured differently than its book value, which is the value of Cardinal that is recorded on the company's balance sheet. Investors also form their own opinion of Cardinal Health's value that differs from its market value or its book value, called intrinsic value, which is Cardinal Health's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cardinal Health's market value can be influenced by many factors that don't directly affect Cardinal Health's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cardinal Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cardinal Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cardinal Health's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.