Cardinal Health Stock Target Price and Analyst Consensus

CAH Stock  USD 123.42  3.08  2.56%   
The current analyst and expert consensus on Cardinal Health is Buy with 10 hold recommendations. The current projected Cardinal Health target price consensus is 98.58 with 17 analyst opinions. One of the most common ways Cardinal Health analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Cardinal Health vendors, executives, and/or customers. Cardinal Health recommendation module provides expert sentiment on the projected Cardinal Health target price to derive its highest and lowest estimates based on target price standard deviation of 1.5286.
Lowest Forecast
89.71
Highest Forecast
109.42
Target Price
98.58
As of now, Cardinal Health's Gross Profit Margin is decreasing as compared to previous years. As of now, Cardinal Health's Property Plant And Equipment Net is increasing as compared to previous years. The Cardinal Health's current Cash is estimated to increase to about 5.4 B, while Short and Long Term Debt Total is projected to decrease to under 3.2 B.
  
It's important to approach Cardinal Health's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Cardinal Health price targets

Cardinal Health's stock target price is an estimate of its future price, usually made by analysts. Using Cardinal Health's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Cardinal Health's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Cardinal Health's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Cardinal Health Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Cardinal Health is a key component of Cardinal Health valuation and have some predictive power on the future returns of a Cardinal Health.
Hype
Prediction
LowEstimatedHigh
122.32123.84125.36
Details
Intrinsic
Valuation
LowRealHigh
110.83112.35135.76
Details
Naive
Forecast
LowNextHigh
121.31122.83124.34
Details
Earnings
Estimates (0)
LowProjected EPSHigh
1.461.761.86
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Cardinal Health. Your research has to be compared to or analyzed against Cardinal Health's peers to derive any actionable benefits. When done correctly, Cardinal Health's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Cardinal Health.

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When determining whether Cardinal Health offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cardinal Health's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cardinal Health Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cardinal Health Stock:
Check out Macroaxis Advice on Cardinal Health to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more detail on how to invest in Cardinal Stock please use our How to Invest in Cardinal Health guide.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.