Cardinal Health (CAH) Ascends While Market Falls: Some Facts to Note

Company Performance - Cardinal Health (CAH) closed at $133.98, with a +0.93% change from the previous day, outperforming the S&P 500's loss of 1.12% [1] - Over the past month, shares of Cardinal Health have appreciated by 3.87%, while the Medical sector and S&P 500 experienced losses of 2.99% and 2.91%, respectively [1] Upcoming Financial Results - Cardinal Health is set to announce its earnings on May 1, 2025, with a forecasted EPS of$ 2.15, reflecting a 3.37% increase from the same quarter last year [2] - The consensus estimate projects revenue of $55.03 billion, indicating a 0.21% rise from the equivalent quarter last year [2] Fiscal Year Estimates - For the entire fiscal year, Zacks Consensus Estimates predict earnings of$ 7.94 per share and revenue of $222.62 billion, showing changes of +5.44% and -1.92% from the previous year, respectively [3] - Recent changes to analyst estimates suggest a positive outlook for Cardinal Health's business [3] Valuation Metrics - Cardinal Health has a Forward P/E ratio of 16.71, which is a discount compared to the industry's average Forward P/E of 16.86 [6] - The company has a PEG ratio of 1.75, while the industry average PEG ratio is 1.78 [6] Industry Ranking - The Medical - Dental Supplies industry, part of the Medical sector, has a Zacks Industry Rank of 81, placing it in the top 33% of all industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]