Leerink Partnrs Comments on Cardinal Health, Inc.’s Q1 2025 Earnings (NYSE:CAH)

Cardinal Health, Inc. (NYSE:CAH) – Equities research analysts at Leerink Partnrs lowered their Q1 2025 earnings estimates for shares of Cardinal Health in a report issued on Monday, April 22nd. Leerink Partnrs analyst M. Cherny now anticipates that the company will earn $1.73 per share for the quarter, down from their previous estimate of $1.83. 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 Q2 2025 earnings at $1.84 EPS, Q3 2025 earnings at $2.14 EPS, Q4 2025 earnings at $1.96 EPS and FY2025 earnings at $7.67 EPS.

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

CAH has been the subject of several other research reports. TheStreet downgraded shares of Cardinal Health from a “b-” rating to a “c+” rating in a report on Wednesday, December 27th. StockNews.com downgraded Cardinal Health from a “strong-buy” rating to a “buy” rating in a research note on Wednesday. Barclays began coverage on Cardinal Health in a research report on Wednesday, January 3rd. They set an “overweight” rating and a $117.00 target price for the company. Argus upgraded shares of Cardinal Health from a “hold” rating to a “buy” rating in a research report on Friday, February 9th. Finally, SVB Leerink assumed coverage on shares of Cardinal Health in a report on Monday, February 26th. They issued an “outperform” rating and a $125.00 price target for the company. One analyst has rated the stock with a sell rating, three have assigned a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, Cardinal Health has an average rating of “Moderate Buy” and an average target price of $103.07.

Cardinal Health Stock Performance

CAH stock opened at $103.54 on Tuesday. The company has a market capitalization of $25.18 billion, a PE ratio of 40.76, a price-to-earnings-growth ratio of 0.99 and a beta of 0.68. The company’s fifty day moving average price is $109.56 and its 200-day moving average price is $104.59. Cardinal Health has a one year low of $77.56 and a one year high of $116.04.

Institutional Investors Weigh In On Cardinal Health

A number of institutional investors and hedge funds have recently bought and sold shares of CAH. Clearstead Trust LLC purchased a new position in shares of Cardinal Health during the fourth quarter valued at $25,000. Cornerstone Planning Group LLC bought a new stake in shares of Cardinal Health in the 3rd quarter valued at about $26,000. Raleigh Capital Management Inc. lifted its position in shares of Cardinal Health by 4,466.7% in the 4th quarter. Raleigh Capital Management Inc. now owns 274 shares of the company’s stock worth $28,000 after purchasing an additional 268 shares during the period. BKM Wealth Management LLC bought a new position in shares of Cardinal Health during the fourth quarter valued at approximately $30,000. Finally, Hexagon Capital Partners LLC raised its stake in Cardinal Health by 53.6% in the fourth quarter. Hexagon Capital Partners LLC now owns 338 shares of the company’s stock worth $34,000 after buying an additional 118 shares in the last quarter. 87.17% of the stock is owned by institutional investors.

Cardinal Health Dividend Announcement

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

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.