Cardinal Health Stock Buy Hold or Sell Recommendation
| CAH Stock | USD 103.37 0.54 0.53% |
Considering the 90-day investment horizon and your conservative risk appetite, our recommendation regarding Cardinal Health is 'Sell'. Macroaxis provides Cardinal Health buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding CAH positions. The advice algorithm takes into account all of Cardinal Health's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Cardinal Health's buy or sell advice are summarized below:
Real Value 93.82 | Target Price 98.58 | Hype Value 103.37 | Market Value 103.37 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Cardinal Health given historical horizon and risk tolerance towards Cardinal Health. When Macroaxis issues a 'buy' or 'sell' recommendation for Cardinal Health, the advice is generated through an automated system that utilizes algorithms and statistical models.
Cardinal |
Execute Cardinal Health Buy or Sell Advice
The Cardinal recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Cardinal Health. Macroaxis does not own or have any residual interests in Cardinal Health or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Cardinal Health's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Sell
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Cardinal Health Trading Alerts and Improvement Suggestions
| Cardinal Health generated a negative expected return over the last 90 days | |
| Over 90.0% of the company shares are held by institutions such as insurance companies | |
| On 15th of April 2024 Cardinal Health paid $ 0.5006 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Intuitive Surgical Q1 Earnings Beat, Procedures Robust |
Cardinal Health Returns Distribution Density
The distribution of Cardinal Health's historical returns is an attempt to chart the uncertainty of Cardinal Health's future price movements. The chart of the probability distribution of Cardinal Health daily returns describes the distribution of returns around its average expected value. We use Cardinal Health price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Cardinal Health returns is essential to provide solid investment advice for Cardinal Health.
| Mean Return | -0.03 | Value At Risk | -2.79 | Potential Upside | 2.07 | Standard Deviation | 1.45 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Cardinal Health historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Cardinal Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Cardinal Health is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Cardinal Health backward and forwards among themselves. Cardinal Health's institutional investor refers to the entity that pools money to purchase Cardinal Health's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Aqr Capital Management Llc | 2023-12-31 | 2.9 M | T. Rowe Price Associates, Inc. | 2023-12-31 | 2.7 M | Pacer Advisors, Inc. | 2023-12-31 | 2.6 M | Norges Bank | 2023-12-31 | 2.6 M | Goldman Sachs Group Inc | 2023-12-31 | 2.6 M | Legal & General Group Plc | 2023-12-31 | 2.5 M | Lsv Asset Management | 2023-12-31 | 2.5 M | Amundi | 2023-12-31 | 2.2 M | Nuveen Asset Management, Llc | 2023-12-31 | 2 M | Vanguard Group Inc | 2023-12-31 | 31.3 M | Blackrock Inc | 2023-12-31 | 26.1 M |
Cardinal Health Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (409M) | (1.6B) | (1.1B) | (340M) | (306M) | (321.3M) | |
| Change In Cash | 240M | 636M | 1.3B | (674M) | (775.1M) | (736.3M) | |
| Free Cash Flow | 1.6B | 2.0B | 2.7B | 2.4B | 2.7B | 2.8B | |
| Depreciation | 1B | 913M | 783M | 692M | 795.8M | 399.6M | |
| Other Non Cash Items | (450M) | 160M | 2.2B | 1.4B | 1.6B | 1.6B | |
| Capital Expenditures | 328M | 375M | 400M | 481M | 553.2M | 311.4M | |
| Net Income | (3.7B) | 612M | (932M) | 262M | 235.8M | 456.5M | |
| End Period Cash Flow | 2.8B | 3.4B | 4.7B | 4.0B | 4.6B | 4.9B | |
| Dividends Paid | 569M | 573M | 559M | 525M | 603.8M | 633.9M | |
| Investments | 866M | 25M | 22M | (454M) | (408.6M) | (388.2M) | |
| Change Receivables | 82M | (904M) | (1.5B) | (947M) | (852.3M) | (809.7M) | |
| Net Borrowings | (1.4B) | (570M) | (885M) | (579M) | (521.1M) | (495.0M) | |
| Change To Netincome | (1.3B) | 746M | 2.2B | 1.4B | 1.6B | 1.7B |
Cardinal Health Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Cardinal Health or Health Care Providers & Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Cardinal Health's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Cardinal stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.03 | |
β | Beta against NYSE Composite | -0.16 | |
σ | Overall volatility | 1.49 | |
Ir | Information ratio | -0.09 |
Cardinal Health Volatility Alert
Cardinal Health exhibits very low volatility with skewness of -0.87 and kurtosis of 1.86. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Cardinal Health's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Cardinal Health's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Cardinal Health Implied Volatility
Cardinal Health's implied volatility exposes the market's sentiment of Cardinal Health stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Cardinal Health's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Cardinal Health stock will not fluctuate a lot when Cardinal Health's options are near their expiration.
Cardinal Health Fundamentals Vs Peers
Comparing Cardinal Health's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Cardinal Health's direct or indirect competition across all of the common fundamentals between Cardinal Health and the related equities. This way, we can detect undervalued stocks with similar characteristics as Cardinal Health or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Cardinal Health's fundamental indicators could also be used in its relative valuation, which is a method of valuing Cardinal Health by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Cardinal Health to competition |
| Fundamentals | Cardinal Health | Peer Average |
| Return On Asset | 0.0279 | -0.14 |
| Profit Margin | 0 % | (1.27) % |
| Operating Margin | 0.01 % | (5.51) % |
| Current Valuation | 25.15 B | 16.62 B |
| Shares Outstanding | 243.23 M | 571.82 M |
| Shares Owned By Insiders | 0.58 % | 10.09 % |
| Shares Owned By Institutions | 90.26 % | 39.21 % |
| Number Of Shares Shorted | 9.04 M | 4.71 M |
| Price To Earning | 16.00 X | 28.72 X |
| Price To Book | 16.07 X | 9.51 X |
| Price To Sales | 0.12 X | 11.42 X |
| Revenue | 205.01 B | 9.43 B |
| Gross Profit | 6.54 B | 27.38 B |
| EBITDA | 2.47 B | 3.9 B |
| Net Income | 262 M | 570.98 M |
| Cash And Equivalents | 4.04 B | 2.7 B |
| Cash Per Share | 13.32 X | 5.01 X |
| Total Debt | 4.7 B | 5.32 B |
| Debt To Equity | 5.63 % | 48.70 % |
| Current Ratio | 1.04 X | 2.16 X |
| Book Value Per Share | (14.13) X | 1.93 K |
| Cash Flow From Operations | 2.84 B | 971.22 M |
| Short Ratio | 3.40 X | 4.00 X |
| Earnings Per Share | 2.52 X | 3.12 X |
| Price To Earnings To Growth | 0.31 X | 4.89 X |
| Target Price | 115.93 | |
| Number Of Employees | 47.04 K | 18.84 K |
| Beta | 0.7 | -0.15 |
| Market Capitalization | 25.01 B | 19.03 B |
| Total Asset | 43.42 B | 29.47 B |
| Retained Earnings | (534 M) | 9.33 B |
| Working Capital | 127 M | 1.48 B |
| Current Asset | 21.96 B | 9.34 B |
Note: Bona fide gift to Carole Watkins of 162 shares of Cardinal Health subject to Section 16 [view details]
Cardinal Health Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Cardinal . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 51578.2 | |||
| Daily Balance Of Power | 0.25 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 102.67 | |||
| Day Typical Price | 102.9 | |||
| Price Action Indicator | 0.97 | |||
| Period Momentum Indicator | 0.54 |
About Cardinal Health Buy or Sell Advice
When is the right time to buy or sell Cardinal Health? Buying financial instruments such as Cardinal Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 5.3B | 4.7B | 5.4B | 3.2B | Total Assets | 43.9B | 43.4B | 49.9B | 52.4B |
Use Investing Ideas to Build Portfolios
In addition to having Cardinal Health in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Precious Metals ETFs theme has 29 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Precious Metals ETFs Theme or any other thematic opportunities.
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Check out Cardinal Health Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more detail on how to invest in Cardinal Stock please use our How to Invest in Cardinal Health guide.Note that the Cardinal Health information on this page should be used as a complementary analysis to other Cardinal Health's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Complementary Tools for Cardinal Stock analysis
When running Cardinal Health's price analysis, check to measure Cardinal Health's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cardinal Health is operating at the current time. Most of Cardinal Health's value examination focuses on studying past and present price action to predict the probability of Cardinal Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cardinal Health's price. Additionally, you may evaluate how the addition of Cardinal Health to your portfolios can decrease your overall portfolio volatility.
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Is Cardinal Health's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cardinal Health. If investors know Cardinal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cardinal Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.95) | Dividend Share 1.998 | Earnings Share 2.52 | Revenue Per Share 859.435 | Quarterly Revenue Growth 0.116 |
The market value of Cardinal Health is measured differently than its book value, which is the value of Cardinal that is recorded on the company's balance sheet. Investors also form their own opinion of Cardinal Health's value that differs from its market value or its book value, called intrinsic value, which is Cardinal Health's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cardinal Health's market value can be influenced by many factors that don't directly affect Cardinal Health's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cardinal Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cardinal Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cardinal Health's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.