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 -.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on CAH. UBS Group raised their target price on Cardinal Health from $134.00 to $139.00 and gave the company a “buy” rating in a research report on Monday, November 4th. TD Cowen upgraded shares of Cardinal Health from a “hold” rating to a “buy” rating and raised their target price for the stock from $130.00 to $144.00 in a research note on Wednesday, January 8th. Evercore ISI raised shares of Cardinal Health from an “in-line” rating to an “outperform” rating and set a $140.00 price objective on the stock in a research note on Tuesday, January 7th. Citigroup boosted their price target on Cardinal Health from $120.00 to $129.00 and gave the company a “neutral” rating in a research report on Friday, January 10th. Finally, Wells Fargo & Company upgraded Cardinal Health from an “underweight” rating to an “equal weight” rating and lifted their price objective for the stock from $101.00 to $127.00 in a report on Friday, December 13th. Four equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $133.29.

Cardinal Health Price Performance

NYSE:CAH traded down $0.76 during trading hours on Friday, reaching $126.27. The company had a trading volume of 1,642,944 shares, compared to its average volume of 2,121,685. The firm has a market cap 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. The business’s 50 day moving average price is $120.63 and its 200-day moving average price is $111.61. Cardinal Health has a 1-year low of $93.17 and a 1-year high of $127.27.

Cardinal Health (NYSE:CAH) last announced its quarterly earnings results on Friday, November 1st. The company reported $1.88 earnings per share for the quarter, beating analysts’ consensus estimates of $1.62 by $0.26. Cardinal Health had a net margin of 0.56% and a negative return on equity of 56.56%. The business had revenue of $52.28 billion during the quarter, compared to analysts’ expectations of $50.90 billion. The business’s revenue for the quarter was down 4.3% on a year-over-year basis. During the same period last year, the business earned $1.73 earnings per share. On average, analysts expect that Cardinal Health will post 7.82 earnings per share for the current fiscal year.

Cardinal Health Cuts Dividend

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