Cardinal Health Inc (NYSE: CAH) has reported earnings for its fourth fiscal quarter (ending June 30) of $0.96 versus a loss $-0.25 for the same period a year ago. For the latest four quarters through June 30, E.P.S. were $3.48 compared to $1.00 a year ago.
Recent Price Action
Cardinal Health Inc (NYSE: CAH) stock enjoyed a large increase of 3.7% on 8/14/24. The stock closed at $106.36. Moreover, exceptionally high trading volume at 215% of normal accompanied the advance. The stock has been weak relative to the market over the last nine months but has risen 6.9% during the last week.
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.
Rating Review
The stock is currently unrated.
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