Alert: Negative Investment/Fundamental Signals (6/27/24)-Cardinal Health Inc (NYSE: CAH)

out_logo_500#04321.jpg

Meaningful negative changes in fundamentals have recently occurred for Cardinal Health Inc (NYSE: CAH): the stock’s power rating fell below 50, significant quarterly earnings deceleration occurred, and the consensus estimate for June, 2025 decreased significantly.

Cardinal Health Inc (NYSE: CAH) has recently experienced significant negative changes in investment behavior: the stock’s recent price decline challenged its longer term uptrend.

The stock is currently unrated.

out_mm#04321.jpg

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to fall short of the cost of capital, CAH is expected to be an important Value Eraser.

Cardinal Health is currently unrated.

Recent Price Action

On 6/27/24, Cardinal Health Inc (NYSE: CAH) stock declined modestly by -1.5%, closing at $99.62. NORMAL trading volume accompanied the decline. The stock has declined -4.3% during the last week and has performed in line with the market over the last nine months.

Be the first to comment

Leave a Reply

Your email address will not be published.


*