Taking a Look at the Data Behind Cardinal Health, Inc. (CAH)

Cardinal Health, Inc. (CAH) is an interesting player in the Services space, with a focus on Drugs Wholesale. The stock has been active on the tape, currently trading at $53.55, down from yesterday’s close by -0.48%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

Cardinal Health, Inc. (CAH) currently trades with a market capitalization of $16.70 Billion. That value represents a market adjusting for revenues that have been growing by 5.69 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of $2.59 Billion over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $0.93 on a per share basis this quarter. Perhaps, that suggests something about why 1.37% of the outstanding share supply is held by institutional investors.



Technical Analysis

No analysis is ever complete without a thorough survey of a stock’s technical behavior. Looking at the stock’s movement on the chart, Cardinal Health, Inc. recorded a 52-week high of $80.37. It is now trading 26.82% off that level. The stock is trading $57.53 its 50-day moving average by 3.98%. The stock carved out a 52-week low down at $50.79.

In recent action, Cardinal Health, Inc. (CAH) has made a move of -2.92% over the past month, which has come on weak relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 14.11, and it’s gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 2.94% with $309.39 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of CAH.

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