$1.51 EPS Expected for Cardinal Health, Inc. (CAH)

April 26, 2018 - By Hazel Jackson

Cardinal Health, Inc. (NYSE:CAH) LogoInvestors sentiment decreased to 0.75 in 2017 Q4. Its down 0.15, from 0.9 in 2017Q3. It is negative, as 82 investors sold Cardinal Health, Inc. shares while 236 reduced holdings. 65 funds opened positions while 173 raised stakes. 276.20 million shares or 0.42% more from 275.05 million shares in 2017Q3 were reported.
Moreover, Retirement Sys Of Alabama has 0.05% invested in Cardinal Health, Inc. (NYSE:CAH). Bank Of Nova Scotia owns 0.03% invested in Cardinal Health, Inc. (NYSE:CAH) for 113,444 shares. Bb&T has invested 0% in Cardinal Health, Inc. (NYSE:CAH). Fjarde Ap has 87,194 shares for 0.08% of their portfolio. Commercial Bank Of New York Mellon reported 5.05M shares. Moreover, Hanson Doremus has 0.01% invested in Cardinal Health, Inc. (NYSE:CAH). Swiss Bankshares invested 0.08% of its portfolio in Cardinal Health, Inc. (NYSE:CAH). Burt Wealth invested in 186 shares or 0.01% of the stock. Moreover, Riverhead Cap Limited Company has 0.13% invested in Cardinal Health, Inc. (NYSE:CAH) for 49,163 shares. 1St Source Bancshares holds 0.14% of its portfolio in Cardinal Health, Inc. (NYSE:CAH) for 28,763 shares. 9,789 were reported by Daiwa Secs Gp Incorporated Inc. Tcw Gru holds 0.76% or 1.54M shares. Moreover, M&T Bank Corporation has 0.02% invested in Cardinal Health, Inc. (NYSE:CAH). Paradigm Asset Mgmt Ltd reported 7,370 shares. Lpl Financial holds 0% or 25,998 shares.

Since January 22, 2018, it had 0 buys, and 3 sales for $3.82 million activity. The insider Giacomin Jon L sold 7,995 shares worth $549,924. Kaufmann Michael C sold $1.37 million worth of stock or 18,586 shares.

Analysts expect Cardinal Health, Inc. (NYSE:CAH) to report $1.51 EPS on May, 3 before the open.They anticipate $0.02 EPS change or 1.31 % from last quarter’s $1.53 EPS. CAH’s profit would be $475.21M giving it 10.63 P/E if the $1.51 EPS is correct. After having $1.31 EPS previously, Cardinal Health, Inc.’s analysts see 15.27 % EPS growth. The stock increased 0.98% or $0.62 during the last trading session, reaching $64.19. About 2.06M shares traded. Cardinal Health, Inc. (NYSE:CAH) has declined 25.57% since April 27, 2017 and is downtrending. It has underperformed by 37.12% the S&P500.

Cardinal Health, Inc. (NYSE:CAH) Ratings Coverage

Among 11 analysts covering Cardinal Health (NYSE:CAH), 2 have Buy rating, 2 Sell and 7 Hold. Therefore 18% are positive. Cardinal Health had 15 analyst reports since November 7, 2017 according to SRatingsIntel. The firm has “Hold” rating given on Tuesday, November 7 by Jefferies. The firm has “Hold” rating by Argus Research given on Wednesday, November 15. On Thursday, February 8 the stock rating was maintained by RBC Capital Markets with “Hold”. Argus Research upgraded the shares of CAH in report on Monday, April 2 to “Buy” rating. The firm earned “Underweight” rating on Monday, November 20 by Morgan Stanley. The stock of Cardinal Health, Inc. (NYSE:CAH) earned “Hold” rating by RBC Capital Markets on Tuesday, April 24. Jefferies maintained the shares of CAH in report on Friday, February 9 with “Hold” rating. The company was maintained on Wednesday, January 24 by Mizuho. The stock of Cardinal Health, Inc. (NYSE:CAH) has “Outperform” rating given on Tuesday, April 24 by Leerink Swann. Robert W. Baird maintained the stock with “Hold” rating in Wednesday, January 17 report.

Cardinal Health, Inc. operates as an integrated healthcare services and products firm worldwide. The company has market cap of $20.20 billion. The company??s Pharmaceutical segment distributes branded and generic pharmaceutical, specialty pharmaceutical, over-the-counter healthcare, and consumer products to retailers, hospitals, and other healthcare providers. It has a 11.19 P/E ratio. It offers distribution, inventory management, data reporting, new product launch support, and chargeback administration services to pharmaceutical manufacturers; pharmacy and medication therapy management, and patient outcomes services to hospitals, other healthcare providers, and payers; and consulting, patient support, and other services to pharmaceutical manufacturers and healthcare providers.

Cardinal Health, Inc. (NYSE:CAH) Institutional Positions Chart

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