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Cardinal Health, Inc. (CAH)

NYSE - NYSE Delayed Price. Currency in USD
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51.61-0.46 (-0.88%)
At close: 04:00PM EST
51.29 -0.32 (-0.62%)
After hours: 07:39PM EST
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  • J
    Joe
    I might add a couple shares if 4% fwd. yield or better..
  • C
    Chris
    Backing up the truck!
  • D
    Dana Point
    4% dividend, listed as undervalued, in the growing health care market, and it is still at a 52 week low. Don't understand.
  • B
    Barnacle Barney
    Nice morning haircut. I thought 'health care' was safe and defensive ?
  • K
    Kevin
    When there is another market crash or major correction this is the type of stock I'll be loading up on. I'm trying to calculate the downside to this.
  • R
    Rascal
    CAH in the future will be owned by AMZN. This is a space the AMZN has been trying to fully enter for the last few years and CAH is the most well developed pharmacy and medical distribution network which can be had at a discount compared to its peers.
    Bullish
  • D
    Dave
    Today from CFRA: We increase our price target by $4 to $60, representing 9.5x our FY 23 (Jun.) EPS estimate, a discount to its average 10-year forward P/E of 13.2x. We maintain our FY 22 adjusted EPS estimate of $5.90 and increase FY 23 by $0.02 to $6.30. CAH posts Sep-Q EPS of $1.29 vs. $1.51 (-14.6%), six cents short of the $1.35 consensus. The miss was driven by higher-than-expected costs, as Sep-Q sales rose 12.5% to $44.0B ($2.1B ahead of consensus). Gross margin contracted 70 bps to 3.7% (40 bps below consensus). CAH maintained prior FY 22 adjusted EPS guidance of $5.60-$5.90. CAH announced long-term segment profit targets of low to mid-single digit growth in the Pharma segment and mid to high-single digit growth in Medical. The company said it is also targeting to average a double-digit combined adjusted EPS growth and dividend yield. We continue to view CAH as attractively valued at current levels and think it will likely benefit from steadily growing product volumes longer-term from aging baby boomers.
  • B
    BuyMNKD
    $MNKD conversation
    MNKD partners with $NRXP on advancing possible life-saving Covid drug.
    •NRxP has partnered with MannKind Corporation (Nasdaq: $MNKD ) to develop a ZYESAMI inhaler for respiratory conditions.
    • NRx announced that it has signed an agreement with Cardinal Health (NYSE:
    $CAH ) to provide third-party logistics and distribution of ZYESAMI.
    Buy MNKD!
  • K
    Ken
    The market is erratic and noisy. All that matters here is profits and that the company return them via div or buy-back when the fwd PE is low. If the profit estimates are accurate.....this company doesn't even need to grow to do fine.
    Bullish
  • Y
    Yahoo Finance Insights
    Cardinal Health is down 6.23% to 50.86
  • Y
    Yahoo Finance Insights
    Cardinal Health reached a 52 Week low at 46.65
  • D
    Dave
    From CFRA
    -- In August, we lifted our view on shares of CAH to
    Buy from Hold as we think CAH is attractive at
    current valuations. We see CAH set for better
    growth in its core business in FY 22 and in the
    long-run we think it will likely benefit from
    steadily growing product volumes as baby
    boomers drive higher health care utilization. We
    view the divestiture of the Cordis business,
    CAH’s global manufacturer of cardiology devices
    for $1B as positive. The transaction is slated to
    close in H1 FY 22. Since its 2015 acquisition,
    Cordis was a significant drag for the Medical
    segment, in our view, due to operational
    problems, inventory write-downs, and mounting
    litigation costs.
    ---Consolidation of health insurers, providers, and
    pharmacy benefit managers has been an
    ongoing trend since 2018. This trend could
    pressure CAH's operating margins, in our view,
    as larger customers are able to negotiate lower
    distribution fees.
    --- Our price target is $56, 8.9x our FY 23 EPS
    estimate, lower than CAH’s historical forward P/
    E average of 120x. Risks include a longer-thananticipated rebound in elective procedures due
    to new rising Covid-19 infections, severe
    generic price deflation and contract renewals on
    less favorable terms
  • W
    Wisdom of Crowds
    $CAH and $CVS will be huge winners.....profitable, low valuations, inflation hedges, aging populations, government spending in health care, Covid/vaccination tail winds. Good luck longs....
    Bullish
  • B
    Bobby
    At this price it's almost a 4% dividend,.great entry price!
  • I
    Info
    3.5% dividend, 30% payout ratio, forward PE of 9. Seems like an obvious buy, like CNC was on their ER.

    Opinions?
  • S
    Scott
    I'm considering initiating a position in CAH sometime over the next couple days, assuming it stays in the lower $50 range. If I buy, this will go in the more conservative portion of my IRA portfolio with plans to hold long term, reinvesting dividends along the way. Opinions, positive and negative, appreciated. Thank you!
  • A
    Anonymous
    One of the absolute worst healthcare stocks over the past 12 months. CAH has never recovered from last years $20 price drop.
  • R
    Roger
    Just a big surprise to see the low point of the week be after such a great Earnings report. There must have been something in there that I didn't see that is a big negative. CVS is also down today, but not on the same scale as CAH.
  • C
    C
    From today’s WaPo: ‘Just six companies distributed 75 percent of the pills during this period: McKesson Corp., Walgreens, Cardinal Health, AmerisourceBergen, CVS and Walmart, according to an analysis of the database by The Washington Post. Three companies manufactured 88 percent of the opioids: SpecGx, a subsidiary of Mallinckrodt; Actavis Pharma; and Par Pharmaceutical, a subsidiary of Endo Pharmaceuticals.
    Purdue Pharma, which the plaintiffs allege sparked the epidemic in the 1990s with its introduction of OxyContin, its version of oxycodone, was ranked fourth among manufacturers with about 3 percent of the market.
    The volume of the pills handled by the companies skyrocketed as the epidemic surged, increasing about 51 percent from 8.4 billion in 2006 to 12.6 billion in 2012. By contrast, doses of morphine, a well-known treatment for severe pain, averaged slightly more than 500 million a year during the period.’
    Bearish
  • R
    Robert
    DUBLIN, Ohio, Aug. 11, 2021 /PRNewswire/ -- Cardinal Health (NYSE: CAH) announced today that it has extended its agreements with CVS Health to distribute pharmaceuticals to retail pharmacies and distribution centers through June 30, 2027.
    Bullish
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