Cardinal Health Q3 EPS Estimate Reduced by Leerink Partnrs

Cardinal Health, Inc. (NYSE:CAH) – Analysts at Leerink Partnrs cut their Q3 2025 earnings per share (EPS) estimates for Cardinal Health in a research note issued on Thursday, January 30th. Leerink Partnrs analyst M. Cherny now forecasts that the company will earn $2.18 per share for the quarter, down from their previous forecast 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) last announced its quarterly earnings results on Thursday, January 30th. The company reported $1.93 earnings per share for the quarter, beating the consensus estimate of $1.74 by $0.19. Cardinal Health had a negative return on equity of 56.56% and a net margin of 0.56%.

A number of other equities research analysts have also weighed in on CAH. UBS Group boosted their target price on Cardinal Health from $134.00 to $139.00 and gave the company a “buy” rating in a research note on Monday, November 4th. TD Cowen upgraded Cardinal Health from a “hold” rating to a “buy” rating and upped their target price for the stock from $130.00 to $144.00 in a report on Wednesday, January 8th. Citigroup upped their price target on Cardinal Health from $120.00 to $129.00 and gave the stock a “neutral” rating in a research note on Friday, January 10th. StockNews.com cut Cardinal Health from a “strong-buy” rating to a “buy” rating in a research report on Sunday, November 3rd. Finally, Mizuho assumed coverage on Cardinal Health in a research report on Wednesday, December 4th. They issued an “outperform” rating and a $139.00 price objective on the stock. Four analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. Based on data from MarketBeat, Cardinal Health currently has an average rating of “Moderate Buy” and a consensus target price of $135.64.

Cardinal Health Stock Down 3.7 %

Shares of CAH stock opened at $123.56 on Monday. The business has a 50-day moving average price of $122.03 and a two-hundred day moving average price of $114.32. Cardinal Health has a 12-month low of $93.17 and a 12-month high of $132.84. The firm has a market cap of $29.90 billion, a P/E ratio of 24.04, a price-to-earnings-growth ratio of 1.55 and a beta of 0.63.

Institutional Trading of Cardinal Health

Several large investors have recently bought and sold shares of the business. State Street Corp raised its holdings in shares of Cardinal Health by 4.6% in the 3rd quarter. State Street Corp now owns 14,177,641 shares of the company’s stock valued at $1,566,913,000 after purchasing an additional 627,253 shares in the last quarter. Two Sigma Advisers LP raised its holdings in shares of Cardinal Health by 47.9% in the 3rd quarter. Two Sigma Advisers LP now owns 1,069,462 shares of the company’s stock valued at $118,197,000 after purchasing an additional 346,362 shares in the last quarter. Caisse DE Depot ET Placement DU Quebec grew its position in shares of Cardinal Health by 230.0% in the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 477,911 shares of the company’s stock valued at $52,819,000 after buying an additional 333,095 shares during the last quarter. Wedge Capital Management L L P NC purchased a new position in shares of Cardinal Health in the 3rd quarter valued at $30,820,000. Finally, Worldquant Millennium Advisors LLC grew its position in shares of Cardinal Health by 77.3% in the 3rd quarter. Worldquant Millennium Advisors LLC now owns 593,007 shares of the company’s stock valued at $65,539,000 after buying an additional 258,541 shares during the last quarter. Hedge funds and other institutional investors own 87.17% of the company’s stock.

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 dividend of $0.5056 per share. The ex-dividend date was Thursday, January 2nd. This represents a $2.02 annualized dividend and a yield of 1.64%. Cardinal Health’s dividend payout ratio is presently 39.30%.

Cardinal Health Company Profile

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.