Published: Sun, January 14, 2018
Finance | By Loren Pratt

$34.71 Billion in Sales Expected for Cardinal Health, Inc. (CAH) This Quarter


It has underperformed by 15.67% the S&P500. Tupperware Brands Corporation (TUP) has $3.30B valuation. The stock increased 1.43% or $0.96 during the last trading session, reaching $68.06. The firm owned $41.34 million shares of the company's stock after selling 2.53 million shares during the period. The Bank of Nova Scotia (NYSE:BNS) has risen 16.52% since January 11, 2017 and is uptrending. It has outperformed by 13.04% the S&P500. (NYSE:CAH) earned "Underweight" rating by Morgan Stanley on Monday, November 20. CAH's profit will be $358.65 million for 15.68 P/E if the $1.14 EPS becomes a reality. After $1.09 actual earnings per share reported by Cardinal Health, Inc. for the previous quarter, Wall Street now forecasts 4.59% EPS growth.

Investors sentiment increased to 0.9 in Q3 2017. Its down 0.09, from 1.09 in 2017Q2. It is positive, as 63 investors sold CAH shares while 229 reduced holdings. 64 funds opened positions while 198 raised stakes. 186.32 million shares or 0.58% more from 185.24 million shares in 2017Q2 were reported. 4,517 are owned by Cibc Comml Bank Usa. Connecticut-based Hartford Investment Mngmt Company has invested 0.1% in Cardinal Health, Inc. Moreover, Jarislowsky Fraser has 0.06% invested in Cardinal Health, Inc. (NYSE:CAH) that has shown a discernible change in trend levels over the path of recent market activity. Burney, Virginia-based fund reported 150,255 shares. Cubic Asset Limited Liability Corporation reported 0.06% in Cardinal Health, Inc.

Whittier Trust Co Of Nevada Inc increased Vanguard Tax (VEA) stake by 14,705 shares to 192,443 valued at $8.35M in 2017Q3. Cullen Frost Bankers accumulated 87,472 shares. (NYSE:PPG) for 480 shares. Blackrock Incorporated has invested 0.07% of its portfolio in Cardinal Health, Inc. The hedge fund run by Gregg J. Powers held 4,517 shares of the health care company at the end of 2017Q3, valued at $302,000, down from 12,336 at the end of the previous reported quarter. Verition Fund Limited Liability Company has 0.05% invested in Apartment Investment and Management Company (NYSE:AIV). State Treasurer State Of Michigan reported 38,500 shares or 0.01% of all its holdings. First Tru Advsrs Lp invested in 471,973 shares or 0.08% of the stock. Commonwealth Bancorp Of Australia holds 0.07% or 105,791 shares. Strategic Wealth Advisors Groupinc sold 129,055 shares as the company's stock declined 3.45% while stock markets rallied. Following the completion of the transaction, the chairman now owns 682,226 shares in the company, valued at approximately $48,635,891.54. Two analysts have rated the stock with a sell rating, fourteen have given a hold rating and four have assigned a buy rating to the stock. The lowest sales estimate is $34.14 billion and the highest is $35.12 billion. The stock has "Market Perform" rating by William Blair on Wednesday, April 19. The company was upgraded on Wednesday, August 10 by KeyBanc Capital Markets. The firm has "Hold" rating by Jefferies given on Thursday, October 26. UBS maintained Cardinal Health, Inc. (NYSE:CAH) earned "Neutral" rating by Robert W. Baird on Friday, October 28. (NYSE:CAH) earned "Buy" rating by Credit Suisse on Thursday, July 13. As per Wednesday, February 15, the company rating was maintained by Canaccord Genuity. Jefferies maintained the stock with "Buy" rating in Friday, September 15 report. Mizuho has "Hold" rating and $47.0 target. As per Friday, September 16, the company rating was downgraded by Goldman Sachs. The original version of this piece can be accessed at https://www.dispatchtribunal.com/2018/01/13/cardinal-health-inc-cah-receives-73-54-consensus-target-price-from-analysts.html. The stock traded with the volume of 3.08 Million shares yesterday. The firm has "Buy" rating by Deutsche Bank given on Sunday, September 6. WH Smith had 142 analyst reports since August 3, 2015 according to SRatingsIntel. The rating was initiated by UBS with "Neutral" on Thursday, October 6. The rating was maintained by Citigroup with "Neutral" on Friday, August 14. RBC Capital Markets maintained the shares of TMUS in report on Monday, August 28 with "Buy" rating. The company was downgraded on Monday, July 24 by SunTrust. For the next financial year, analysts expect that the business will report sales of $141.13 billion per share, with estimates ranging from $136.83 billion to $144.42 billion. Charlemagne Capital Ltd. now owns 2,527 shares of the company's stock worth $196,000 after buying an additional 10 shares during the last quarter.


Investors sentiment decreased to 1.3 in Q3 2017. Its up 0.68, from 0.74 in 2017Q2. It is positive, as 53 investors sold PFE shares while 700 reduced holdings. 57 funds opened positions while 58 raised stakes. Outstanding shares refer to a company's stock presently held by all its shareholders, counting share blocks held by institutional shareholders and restricted shares owned by the company's officers and insiders. (NYSE:CAH). Robeco Institutional Asset Mgmt Bv stated it has 0% of its portfolio in Cardinal Health, Inc. Leavell Inv Management holds 36,430 shares. 19,533 were accumulated by Stephens Ar. Cna Financial accumulated 14,700 shares. (NASDAQ:VSAT). Franklin holds 1.89M shares. (NASDAQ:VSAT) shares. 4,250 shares were sold by Peterman Ken Allen, worth $264,393. Profund Advisors Limited Company reported 14,627 shares or 0.01% of all its holdings. Walleye Trading Ltd Liability Co holds 0.01% or 21,331 shares.

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