Cardinal Health Net Worth
Cardinal Health Net Worth Breakdown | CAH |
Cardinal Health Net Worth Analysis
Cardinal Health's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Cardinal Health's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Cardinal Health's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Cardinal Health's net worth analysis. One common approach is to calculate Cardinal Health's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Cardinal Health's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Cardinal Health's net worth. This approach calculates the present value of Cardinal Health's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Cardinal Health's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Cardinal Health's net worth. This involves comparing Cardinal Health's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Cardinal Health's net worth relative to its peers.
Enterprise Value |
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To determine if Cardinal Health is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Cardinal Health's net worth research are outlined below:
| Over 88.0% of the company shares are held by institutions such as insurance companies | |
| On 15th of January 2025 Cardinal Health paid $ 0.5056 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Command Medical Products Appoints Jim Fitzgerald as Executive Chairman of the Board |
Cardinal Health Quarterly Good Will |
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Cardinal Health uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Cardinal Health. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Cardinal Health's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 1st of February 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 20th of August 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 30th of June 2023 Last Financial Announcement | View |
Cardinal Health Target Price Consensus
Cardinal target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Cardinal Health's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 17 | Buy |
Most Cardinal analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Cardinal stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Cardinal Health, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationCardinal Health Target Price Projection
Cardinal Health's current and average target prices are 128.26 and 132.14, respectively. The current price of Cardinal Health is the price at which Cardinal Health is currently trading. On the other hand, Cardinal Health's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Cardinal Health Market Quote on 30th of January 2025
Target Price
Analyst Consensus On Cardinal Health Target Price
Know Cardinal Health's Top 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 originate 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 | Bank Of America Corp | 2024-09-30 | 2.9 M | Legal & General Group Plc | 2024-09-30 | 2.6 M | Northern Trust Corp | 2024-09-30 | 2.6 M | Jpmorgan Chase & Co | 2024-09-30 | 2.6 M | Ubs Asset Mgmt Americas Inc | 2024-09-30 | 2.2 M | Lsv Asset Management | 2024-09-30 | 2.2 M | Norges Bank | 2024-06-30 | 2.1 M | Amundi | 2024-09-30 | 2 M | Elliott Investment Management Lp | 2024-09-30 | 2 M | Blackrock Inc | 2024-09-30 | 32 M | Vanguard Group Inc | 2024-09-30 | 30.8 M |
Follow Cardinal Health's market capitalization trends
The company currently falls under 'Large-Cap' category with a total capitalization of 30.92 B.Market Cap |
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Project Cardinal Health's profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.05 | 0.05 | |
| Return On Capital Employed | 0.13 | 0.17 | |
| Return On Assets | 0.05 | 0.04 | |
| Return On Equity | 0.13 | 0.12 |
When accessing Cardinal Health's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Cardinal Health's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Cardinal Health's profitability and make more informed investment decisions.
Evaluate Cardinal Health's management efficiency
Cardinal Health has Return on Asset of 0.0318 % which means that on every $100 spent on assets, it made $0.0318 of profit. This is way below average. Cardinal Health's management efficiency ratios could be used to measure how well Cardinal Health manages its routine affairs as well as how well it operates its assets and liabilities. The Cardinal Health's current Return On Capital Employed is estimated to increase to 0.17, while Return On Tangible Assets are projected to decrease to 0.05. As of now, Cardinal Health's Total Current Assets are increasing as compared to previous years. The Cardinal Health's current Intangible Assets is estimated to increase to about 2.2 B, while Non Current Assets Total are projected to decrease to under 6.5 B.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 3.20 | 3.04 | |
| Tangible Book Value Per Share | 3.20 | 3.35 | |
| Enterprise Value Over EBITDA | 7.95 | 9.79 | |
| Price Book Value Ratio | 1.58 | 2.08 | |
| Enterprise Value Multiple | 7.95 | 9.79 | |
| Price Fair Value | 1.58 | 2.08 | |
| Enterprise Value | 473.9 M | 450.2 M |
Evaluating the management effectiveness of Cardinal Health allows investors to assess its financial health and operational efficiency. Coupled with an analysis of its growth prospects and the current market dynamics, we evaluate the stock's true value and future potential. Key indicators such as revenue, earnings or debt levels are examined alongside external factors like economic trends and regulatory changes. The Cardinal Stock analysis seeks to determine whether the stock is undervalued, appropriately priced, or overvalued, thereby guiding your investment decisions.
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Cardinal Health insiders, such as employees or executives, is commonly permitted as long as it does not rely on Cardinal Health's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Cardinal Health insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Carole Watkins over a year ago Bona fide gift to Carole Watkins of 162 shares of Cardinal Health subject to Section 16 | ||
Deborah Weitzman over a year ago Acquisition by Deborah Weitzman of 12760 shares of Cardinal Health subject to Rule 16b-3 |
Cardinal Health Corporate Filings
8K | 14th of January 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 3rd of December 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
| 15th of November 2024 Other Reports | ViewVerify | |
| 13th of November 2024 Other Reports | ViewVerify |
Cardinal Health Earnings Estimation Breakdown
The calculation of Cardinal Health's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Cardinal Health is estimated to be 1.76 with the future projection ranging from a low of 1.4616 to a high of 1.88. Please be aware that this consensus of annual earnings estimates for Cardinal Health is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
1.46 Lowest | Expected EPS | 1.88 Highest |
Cardinal Health Earnings Projection Consensus
Suppose the current estimates of Cardinal Health's value are higher than the current market price of the Cardinal Health stock. In this case, investors may conclude that Cardinal Health is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Cardinal Health's stock will quickly adjusts to the new information provided by the consensus estimate.
| Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 31st of December 2024 | Current EPS (TTM) | |
| 17 | 87.69% | 1.88 | 1.76 | 5.2 |
Cardinal Health Earnings per Share Projection vs Actual
Actual Earning per Share of Cardinal Health refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Cardinal Health predict the company's earnings will be in the future. The higher the earnings per share of Cardinal Health, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.Cardinal Health Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as Cardinal Health, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Cardinal Health should always be considered in relation to other companies to make a more educated investment decision.Cardinal Quarterly Analyst Estimates and Surprise Metrics
Earnings surprises can significantly impact Cardinal Health's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-11-01 | 2024-09-30 | 1.62 | 1.88 | 0.26 | 16 | ||
2024-08-14 | 2024-06-30 | 1.73 | 1.84 | 0.11 | 6 | ||
2024-05-02 | 2024-03-31 | 1.95 | 2.08 | 0.13 | 6 | ||
2024-02-01 | 2023-12-31 | 1.6 | 1.82 | 0.22 | 13 | ||
2023-11-03 | 2023-09-30 | 1.4 | 1.73 | 0.33 | 23 | ||
2023-08-15 | 2023-06-30 | 1.49 | 1.55 | 0.06 | 4 | ||
2023-05-04 | 2023-03-31 | 1.49 | 1.74 | 0.25 | 16 | ||
2023-02-02 | 2022-12-31 | 1.14 | 1.32 | 0.18 | 15 | ||
2022-11-04 | 2022-09-30 | 0.94 | 1.2 | 0.26 | 27 | ||
2022-08-11 | 2022-06-30 | 1.18 | 1.05 | -0.13 | 11 | ||
2022-05-05 | 2022-03-31 | 1.53 | 1.45 | -0.08 | 5 | ||
2022-02-03 | 2021-12-31 | 1.23 | 1.27 | 0.04 | 3 | ||
2021-11-09 | 2021-09-30 | 1.33 | 1.29 | -0.04 | 3 | ||
2021-08-05 | 2021-06-30 | 1.2 | 1.3 | 0.1 | 8 | ||
2021-05-06 | 2021-03-31 | 1.55 | 1.53 | -0.02 | 1 | ||
2021-02-05 | 2020-12-31 | 1.44 | 1.74 | 0.3 | 20 | ||
2020-11-05 | 2020-09-30 | 1.13 | 1.51 | 0.38 | 33 | ||
2020-08-06 | 2020-06-30 | 0.92 | 1.04 | 0.12 | 13 | ||
2020-05-11 | 2020-03-31 | 1.43 | 1.62 | 0.19 | 13 | ||
2020-02-06 | 2019-12-31 | 1.22 | 1.52 | 0.3 | 24 | ||
2019-11-07 | 2019-09-30 | 1.09 | 1.27 | 0.18 | 16 | ||
2019-08-08 | 2019-06-30 | 0.93 | 1.11 | 0.18 | 19 | ||
2019-05-09 | 2019-03-31 | 1.43 | 1.59 | 0.16 | 11 | ||
2019-02-07 | 2018-12-31 | 1.09 | 1.29 | 0.2 | 18 | ||
2018-11-08 | 2018-09-30 | 1.08 | 1.29 | 0.21 | 19 | ||
2018-08-06 | 2018-06-30 | 0.93 | 1.01 | 0.08 | 8 | ||
2018-05-03 | 2018-03-31 | 1.51 | 1.39 | -0.12 | 7 | ||
2018-02-08 | 2017-12-31 | 1.15 | 1.51 | 0.36 | 31 | ||
2017-11-06 | 2017-09-30 | 1 | 1.09 | 0.09 | 9 | ||
2017-08-02 | 2017-06-30 | 1.24 | 1.31 | 0.07 | 5 | ||
2017-05-01 | 2017-03-31 | 1.46 | 1.53 | 0.07 | 4 | ||
2017-02-07 | 2016-12-31 | 1.23 | 1.34 | 0.11 | 8 | ||
2016-10-31 | 2016-09-30 | 1.21 | 1.24 | 0.03 | 2 | ||
2016-08-02 | 2016-06-30 | 1.13 | 1.14 | 0.01 | 0 | ||
2016-04-28 | 2016-03-31 | 1.33 | 1.43 | 0.1 | 7 | ||
2016-02-01 | 2015-12-31 | 1.26 | 1.3 | 0.04 | 3 | ||
2015-11-02 | 2015-09-30 | 1.1 | 1.38 | 0.28 | 25 | ||
2015-07-30 | 2015-06-30 | 0.99 | 1.0 | 0.01 | 1 | ||
2015-04-30 | 2015-03-31 | 1.16 | 1.19 | 0.03 | 2 | ||
2015-01-29 | 2014-12-31 | 1.1 | 1.2 | 0.1 | 9 | ||
2014-10-30 | 2014-09-30 | 0.96 | 1.0 | 0.04 | 4 | ||
2014-08-04 | 2014-06-30 | 0.81 | 0.83 | 0.02 | 2 | ||
2014-05-01 | 2014-03-31 | 1.01 | 1.01 | 0.0 | 0 | ||
2014-01-30 | 2013-12-31 | 0.84 | 0.9 | 0.06 | 7 | ||
2013-10-31 | 2013-09-30 | 0.86 | 0.92 | 0.06 | 6 | ||
2013-08-01 | 2013-06-30 | 0.77 | 0.79 | 0.02 | 2 | ||
2013-05-02 | 2013-03-31 | 0.95 | 1.02 | 0.07 | 7 | ||
2013-02-05 | 2012-12-31 | 0.86 | 0.93 | 0.07 | 8 | ||
2012-10-30 | 2012-09-30 | 0.79 | 0.81 | 0.02 | 2 | ||
2012-08-02 | 2012-06-30 | 0.72 | 0.73 | 0.01 | 1 | ||
2012-05-03 | 2012-03-31 | 0.88 | 0.94 | 0.06 | 6 | ||
2012-02-02 | 2011-12-31 | 0.76 | 0.81 | 0.05 | 6 | ||
2011-10-27 | 2011-09-30 | 0.72 | 0.73 | 0.01 | 1 | ||
2011-08-04 | 2011-06-30 | 0.58 | 0.6 | 0.02 | 3 | ||
2011-04-28 | 2011-03-31 | 0.69 | 0.81 | 0.12 | 17 | ||
2011-02-03 | 2010-12-31 | 0.61 | 0.73 | 0.12 | 19 | ||
2010-10-28 | 2010-09-30 | 0.53 | 0.66 | 0.13 | 24 | ||
2010-08-05 | 2010-06-30 | 0.49 | 0.5 | 0.01 | 2 | ||
2010-04-29 | 2010-03-31 | 0.57 | 0.61 | 0.04 | 7 | ||
2010-01-28 | 2009-12-31 | 0.46 | 0.57 | 0.11 | 23 | ||
2009-11-05 | 2009-09-30 | 0.43 | 0.54 | 0.11 | 25 | ||
2009-08-18 | 2009-06-30 | 0.86 | 0.86 | 0.0 | 0 | ||
2009-04-30 | 2009-03-31 | 0.95 | 0.97 | 0.02 | 2 | ||
2009-02-05 | 2008-12-31 | 0.89 | 0.93 | 0.04 | 4 | ||
2008-10-29 | 2008-09-30 | 0.7 | 0.74 | 0.04 | 5 | ||
2008-08-07 | 2008-06-30 | 0.95 | 0.97 | 0.02 | 2 | ||
2008-05-01 | 2008-03-31 | 1.01 | 1.08 | 0.07 | 6 | ||
2008-01-29 | 2007-12-31 | 0.87 | 0.9 | 0.03 | 3 | ||
2007-11-05 | 2007-09-30 | 0.86 | 0.86 | 0.0 | 0 | ||
2007-08-09 | 2007-06-30 | 0.87 | 0.89 | 0.02 | 2 | ||
2007-04-26 | 2007-03-31 | 0.91 | 0.96 | 0.05 | 5 | ||
2007-01-25 | 2006-12-31 | 0.78 | 0.83 | 0.05 | 6 | ||
2006-10-27 | 2006-09-30 | 0.76 | 0.78 | 0.02 | 2 | ||
2006-08-03 | 2006-06-30 | 0.87 | 0.87 | 0.0 | 0 | ||
2006-04-27 | 2006-03-31 | 0.86 | 0.87 | 0.01 | 1 | ||
2006-01-26 | 2005-12-31 | 0.73 | 0.74 | 0.01 | 1 | ||
2005-10-26 | 2005-09-30 | 0.72 | 0.63 | -0.09 | 12 | ||
2005-08-05 | 2005-06-30 | 0.89 | 0.78 | -0.11 | 12 | ||
2005-04-29 | 2005-03-31 | 0.89 | 0.94 | 0.05 | 5 | ||
2005-02-04 | 2004-12-31 | 0.77 | 0.73 | -0.04 | 5 | ||
2004-11-04 | 2004-09-30 | 0.56 | 0.61 | 0.05 | 8 | ||
2004-04-22 | 2004-03-31 | 0.99 | 0.98 | -0.01 | 1 | ||
2004-01-22 | 2003-12-31 | 0.86 | 0.87 | 0.01 | 1 | ||
2003-10-23 | 2003-09-30 | 0.77 | 0.76 | -0.01 | 1 | ||
2003-07-31 | 2003-06-30 | 0.89 | 0.89 | 0.0 | 0 | ||
2003-04-23 | 2003-03-31 | 0.86 | 0.86 | 0.0 | 0 | ||
2003-01-23 | 2002-12-31 | 0.77 | 0.77 | 0.0 | 0 | ||
2002-10-22 | 2002-09-30 | 0.66 | 0.67 | 0.01 | 1 | ||
2002-08-06 | 2002-06-30 | 0.73 | 0.74 | 0.01 | 1 | ||
2002-04-23 | 2002-03-31 | 0.7 | 0.71 | 0.01 | 1 | ||
2002-01-22 | 2001-12-31 | 0.63 | 0.62 | -0.01 | 1 | ||
2001-10-23 | 2001-09-30 | 0.55 | 0.57 | 0.02 | 3 | ||
2001-07-31 | 2001-06-30 | 0.58 | 0.58 | 0.0 | 0 | ||
2001-04-26 | 2001-03-31 | 0.56 | 0.56 | 0.0 | 0 | ||
2001-01-30 | 2000-12-31 | 0.5 | 0.33 | -0.17 | 34 | ||
2000-10-24 | 2000-09-30 | 0.43 | 0.29 | -0.14 | 32 | ||
2000-07-25 | 2000-06-30 | 0.47 | 0.32 | -0.15 | 31 | ||
2000-04-25 | 2000-03-31 | 0.46 | 0.47 | 0.01 | 2 | ||
2000-01-25 | 1999-12-31 | 0.4 | 0.41 | 0.01 | 2 | ||
1999-10-26 | 1999-09-30 | 0.35 | 0.35 | 0.0 | 0 | ||
1999-07-30 | 1999-06-30 | 0.38 | 0.39 | 0.01 | 2 | ||
1999-04-28 | 1999-03-31 | 0.36 | 0.37 | 0.01 | 2 | ||
1999-01-25 | 1998-12-31 | 0.33 | 0.33 | 0.0 | 0 | ||
1998-10-26 | 1998-09-30 | 0.27 | 0.28 | 0.01 | 3 | ||
1998-07-27 | 1998-06-30 | 0.31 | 0.32 | 0.01 | 3 | ||
1998-04-22 | 1998-03-31 | 0.32 | 0.32 | 0.0 | 0 | ||
1998-01-26 | 1997-12-31 | 0.27 | 0.27 | 0.0 | 0 | ||
1997-10-20 | 1997-09-30 | 0.22 | 0.22 | 0.0 | 0 | ||
1997-07-31 | 1997-06-30 | 0.24 | 0.25 | 0.01 | 4 | ||
1997-04-22 | 1997-03-31 | 0.26 | 0.26 | 0.0 | 0 | ||
1997-01-22 | 1996-12-31 | 0.22 | 0.22 | 0.0 | 0 | ||
1996-10-22 | 1996-09-30 | 0.18 | 0.18 | 0.0 | 0 | ||
1996-07-29 | 1996-06-30 | 0.19 | 0.2 | 0.01 | 5 | ||
1996-04-22 | 1996-03-31 | 0.22 | 0.22 | 0.0 | 0 |
Cardinal Health Corporate Directors
| John Losh | Independent Director | Profile | |
| Nancy Killefer | Independent Director | Profile | |
| Patricia Hall | Independent Director | Profile | |
| Calvin Darden | Independent Director | Profile |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cardinal Health. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. 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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Health Care Providers & Services space 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 48.135 | Dividend Share 2.012 | Earnings Share 5.2 | Revenue Per Share | Quarterly Revenue Growth (0.04) |
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.