Brokers Issue Forecasts for Cardinal Health Q3 Earnings

Cardinal Health, Inc. (NYSE:CAH) – Stock analysts at Leerink Partnrs cut their Q3 2025 earnings per share estimates for shares of Cardinal Health in a research report issued to clients and investors on Monday, March 31st. Leerink Partnrs analyst M. Cherny now forecasts that the company will post earnings of $2.16 per share for the quarter, down from their prior estimate of $2.18. The consensus estimate for Cardinal Health’s current full-year earnings is $7.95 per share. Leerink Partnrs also issued estimates for Cardinal Health’s FY2027 earnings at $9.90 EPS and FY2028 earnings at $10.84 EPS.

Cardinal Health (NYSE:CAH) last announced its earnings results on Thursday, January 30th. The company reported $1.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.74 by $0.19. Cardinal Health had a net margin of 0.59% and a negative return on equity of 59.57%.

Several other equities research analysts have also recently commented on the stock. TD Cowen upgraded shares of Cardinal Health from a “hold” rating to a “buy” rating and boosted their price target for the stock from $130.00 to $144.00 in a research report on Wednesday, January 8th. Argus set a $148.00 target price on Cardinal Health in a report on Tuesday, February 4th. Bank of America upgraded shares of Cardinal Health from a “neutral” rating to a “buy” rating and raised their price target for the stock from $132.00 to $145.00 in a report on Monday, January 6th. Mizuho boosted their target price on Cardinal Health from $142.00 to $150.00 and gave the company an “outperform” rating in a research note on Monday. Finally, Morgan Stanley boosted their target price on shares of Cardinal Health from $136.00 to $142.00 and gave the stock an “overweight” rating in a research report on Friday, January 31st. Four research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $140.14.

Cardinal Health Price Performance

Shares of NYSE:CAH opened at $138.82 on Thursday. Cardinal Health has a 12 month low of $93.17 and a 12 month high of $139.15. The stock’s 50 day moving average price is $128.98 and its 200 day moving average price is $121.33. The stock has a market cap of $33.53 billion, a price-to-earnings ratio of 25.90, a PEG ratio of 1.49 and a beta of 0.66.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Norges Bank acquired a new stake in shares of Cardinal Health in the fourth quarter worth $246,748,000. Marshall Wace LLP increased its holdings in shares of Cardinal Health by 154.6% during the 4th quarter. Marshall Wace LLP now owns 3,151,736 shares of the company’s stock worth $372,756,000 after purchasing an additional 1,913,892 shares during the period. Castlekeep Investment Advisors LLC acquired a new position in shares of Cardinal Health during the fourth quarter valued at about $141,963,000. Junto Capital Management LP bought a new stake in shares of Cardinal Health in the fourth quarter valued at about $92,811,000. Finally, Woodline Partners LP acquired a new stake in Cardinal Health during the fourth quarter worth about $87,144,000. 87.17% of the stock is owned by institutional investors.

Cardinal Health Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 1st will be issued a $0.5056 dividend. This represents a $2.02 dividend on an annualized basis and a yield of 1.46%. The ex-dividend date is Tuesday, April 1st. Cardinal Health’s dividend payout ratio (DPR) is currently 37.69%.

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.