FY2026 EPS Estimates for Cardinal Health, Inc. (NYSE:CAH) Decreased by Analyst

Cardinal Health, Inc. (NYSE:CAH) – Research analysts at Leerink Partnrs reduced their FY2026 earnings estimates for shares of Cardinal Health in a research note issued to investors on Monday, April 22nd. Leerink Partnrs analyst M. Cherny now expects that the company will post earnings per share of $8.48 for the year, down from their prior forecast of $9.19. Leerink Partnrs has a “Outperform” rating on the stock. The consensus estimate for Cardinal Health’s current full-year earnings is $7.28 per share. Leerink Partnrs also issued estimates for Cardinal Health’s FY2027 earnings at $9.38 EPS and FY2028 earnings at $10.50 EPS.

Several other research firms have also commented on CAH. StockNews.com lowered shares of Cardinal Health from a “strong-buy” rating to a “buy” rating in a report on Wednesday. Argus upgraded shares of Cardinal Health from a “hold” rating to a “buy” rating in a report on Friday, February 9th. Barclays assumed coverage on shares of Cardinal Health in a report on Wednesday, January 3rd. They issued an “overweight” rating and a $117.00 price target for the company. UBS Group boosted their price target on shares of Cardinal Health from $122.00 to $125.00 and gave the company a “buy” rating in a report on Monday, February 5th. Finally, SVB Leerink assumed coverage on shares of Cardinal Health in a research note on Monday, February 26th. They set an “outperform” rating and a $125.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, Cardinal Health currently has an average rating of “Moderate Buy” and an average target price of $103.07.

Cardinal Health Stock Performance

NYSE:CAH opened at $103.81 on Wednesday. Cardinal Health has a one year low of $77.56 and a one year high of $116.04. The firm has a market cap of $25.25 billion, a P/E ratio of 40.87, a P/E/G ratio of 1.00 and a beta of 0.68. The firm has a 50-day simple moving average of $109.54 and a 200-day simple moving average of $104.58.

Cardinal Health (NYSE:CAH) last announced its quarterly earnings data on Thursday, February 1st. The company reported $1.82 earnings per share for the quarter, beating analysts’ consensus estimates of $1.56 by $0.26. Cardinal Health had a net margin of 0.30% and a negative return on equity of 57.44%. The company had revenue of $57.45 billion during the quarter, compared to analyst estimates of $57.02 billion. During the same quarter last year, the business posted $1.32 EPS. The firm’s revenue for the quarter was up 11.6% on a year-over-year basis.

Cardinal Health Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Monday, April 1st were paid a dividend of $0.5006 per share. The ex-dividend date of this dividend was Thursday, March 28th. This represents a $2.00 dividend on an annualized basis and a yield of 1.93%. Cardinal Health’s payout ratio is 78.74%.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of CAH. Flagship Harbor Advisors LLC increased its stake in Cardinal Health by 8.9% during the 3rd quarter. Flagship Harbor Advisors LLC now owns 5,566 shares of the company’s stock valued at $483,000 after purchasing an additional 453 shares in the last quarter. Counterpoint Mutual Funds LLC acquired a new stake in shares of Cardinal Health in the third quarter worth $126,000. Measured Wealth Private Client Group LLC increased its stake in shares of Cardinal Health by 6.6% in the third quarter. Measured Wealth Private Client Group LLC now owns 7,606 shares of the company’s stock worth $660,000 after acquiring an additional 472 shares during the period. Czech National Bank increased its stake in shares of Cardinal Health by 47.6% in the third quarter. Czech National Bank now owns 44,499 shares of the company’s stock worth $3,863,000 after acquiring an additional 14,359 shares during the period. Finally, MBM Wealth Consultants LLC increased its stake in shares of Cardinal Health by 3.7% in the third quarter. MBM Wealth Consultants LLC now owns 3,238 shares of the company’s stock worth $302,000 after acquiring an additional 115 shares during the period. Institutional investors and hedge funds own 87.17% of the company’s stock.

About Cardinal Health

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.