Cardinal Health, Inc. (NYSE:CAH – Free Report) – Equities researchers at Leerink Partnrs reduced their Q3 2025 earnings estimates for Cardinal Health in a research report issued on Thursday, January 30th. Leerink Partnrs analyst M. Cherny now expects that the company will earn $2.18 per share for the quarter, down from their previous estimate of $2.20. The consensus estimate for Cardinal Health’s current full-year earnings is $7.84 per share. Leerink Partnrs also issued estimates for Cardinal Health’s FY2025 earnings at $8.04 EPS, FY2026 earnings at $9.05 EPS, FY2027 earnings at $9.89 EPS and FY2028 earnings at $10.80 EPS.
Cardinal Health (NYSE:CAH – Get Free Report) last released its quarterly earnings results on Thursday, January 30th. The company reported $1.93 earnings per share for the quarter, beating analysts’ consensus estimates of $1.74 by $0.19. Cardinal Health had a net margin of 0.56% and a negative return on equity of 56.56%.
Read Our Latest Analysis on Cardinal Health
Cardinal Health Stock Performance
Cardinal Health stock opened at $123.56 on Monday. The firm’s 50-day moving average is $122.03 and its 200-day moving average is $114.32. Cardinal Health has a 1 year low of $93.17 and a 1 year high of $132.84. The company has a market cap of $29.90 billion, a P/E ratio of 24.04, a PEG ratio of 1.55 and a beta of 0.63.
Cardinal Health Cuts Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Thursday, January 2nd were paid a $0.5056 dividend. This represents a $2.02 annualized dividend and a yield of 1.64%. The ex-dividend date of this dividend was Thursday, January 2nd. Cardinal Health’s dividend payout ratio (DPR) is presently 39.30%.
Hedge Funds Weigh In On Cardinal Health
Large investors have recently bought and sold shares of the company. State Street Corp raised its position in shares of Cardinal Health by 4.6% during the third quarter. State Street Corp now owns 14,177,641 shares of the company’s stock worth $1,566,913,000 after acquiring an additional 627,253 shares during the last quarter. Geode Capital Management LLC raised its position in shares of Cardinal Health by 0.7% during the third quarter. Geode Capital Management LLC now owns 5,749,859 shares of the company’s stock worth $633,298,000 after purchasing an additional 42,082 shares during the period. Pacer Advisors Inc. raised its position in shares of Cardinal Health by 4.7% during the third quarter. Pacer Advisors Inc. now owns 4,290,650 shares of the company’s stock worth $474,203,000 after purchasing an additional 191,568 shares during the period. Charles Schwab Investment Management Inc. raised its position in shares of Cardinal Health by 2.3% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,474,625 shares of the company’s stock worth $162,976,000 after purchasing an additional 33,388 shares during the period. Finally, Two Sigma Advisers LP grew its holdings in Cardinal Health by 47.9% during the third quarter. Two Sigma Advisers LP now owns 1,069,462 shares of the company’s stock worth $118,197,000 after buying an additional 346,362 shares in the last quarter. 87.17% of the stock is currently owned by institutional investors.
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.
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