How to Buy Cardinal Health Stock
Cardinal Health Inc
Cardinal Health is a medical distribution company located in Ohio, United States, which is part of the Healthcare sector, and is traded under the ticker CAH on the NYSE exchange.
Cardinal Health stock last closed at $134.71, up 0.26% from the previous day, and has increased 26.46% in one year. It has overperformed other stocks in the Medical Distribution industry by 0.05 percentage points. Cardinal Health stock is currently +44.59% from its 52-week low of $93.17, and -3.43% from its 52-week high of $139.50.
As of Apr 17, 2025, there are 241.57M CAH shares outstanding. The market cap of CAH is $32.54B. In the past 24 hours, 2.35M CAH shares were traded.
How to Buy Cardinal Health Stock
Wondering how to invest in Cardinal Health stock? Here's how.
- Figure out where to buy Cardinal Health stock: You need to choose a stock brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you decide where to buy Cardinal Health stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit money your brokerage account: Choose your payment method and add your information.
- Research Cardinal Health stock: The Cardinal Health ticker symbol is CAH. Is Cardinal Health stock a good investment? Should you buy shares of CAH? How do CAH's underlying business fundamentals look? Do top analysts think Cardinal Health is a good buy? Why has CAH's stock price moved recently? (Hint: Our stock market analysis website can help you figure out if CAH is a good stock to buy).
- Execute your CAH trade: Decide if you will purchase CAH shares at the current market price or use a limit order to purchase CAH shares at a specific price.
- Get notifications regarding your CAH position: Create a watchlist to monitor your investment in Cardinal Health shares.
Step 1: Figure out where to buy Cardinal Health stock
You need an online brokerage account in order to access the NYSE market and buy CAH stock.
Our favorite brokerage: eToro
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Open eToro AccountStep 2: Open your brokerage account
Now that you've selected your brokerage, you'll need to fill out some personal info so you are able to invest in CAH today.
How to Set Up a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to open a new brokerage account.
- Submit your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you have filled out your info on apps for stock market, your next step is to transfer the money for your investment:
Watch the video below if you need help transferring money into your new investment account.
Step 4: Research Cardinal Health stock
After you have figured out the best place to buy Cardinal Health stock, it's critical to analyze their stock before you invest, so you can understand the risk as well as the opportunity.
Cardinal Health Metrics
Fundamentals of CAH
WallStreetZen was built to help everyday investors perform better fundamental analysis quickly.
You can see all of the due diligence checks on CAH's stock page.
Is CAH stock undervalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge CAH's intrinsic value.
Using relative valuations ratios:
- CAH could be undervalued based on its P/E ratio of 24.99x, relative to Medical Distribution industry P/E ratio of 32.31x
- CAH may be overvalued based on its PEG ratio of 1.12x
You can access more valuation research on CAH's stock here.
CAH Financial Overview
Positive Health Checks:
- There are more short-term assets than short-term liabilities on the CAH balance sheet.
- CAH has $3.81B in cash and short term investments. This is enough to cover its annual cash burn of $503.00M.
- CAH profit margin has gone up from 0.3% to 0.6% in the past year.
- CAH has cash burn of 503000000. It has sufficient cash and short-term investments to cover this for at least one year.
- There are more short-term assets than long-term liabilities on the CAH balance sheet.
Negative Health Checks:
- CAH debt to equity ratio of -16.69 is negative.
- Total CAH debt is still negative.
Is CAH stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 13 sell side analysts who track CAH, the consensus analyst rating on Cardinal Health is a Buy
It's important to note that analyst forecasts are not recommendations, nor are they investment advice.
Most Recent CAH Analyst Upgrades/Downgrades
Erin Wright, a top 4% analyst from Morgan Stanley maintains CAH with a strong buy rating and raises their CAH price target from $136.00 to $142.00, on Jan 31, 2025.
Daniel Grosslight, a top 37% analyst from Citigroup maintains CAH with a hold rating and raises their CAH price target from $120.00 to $129.00, on Jan 10, 2025.
Charles Rhyee, a bottom 7% analyst from TD Cowen upgrades CAH to a strong buy rating and raises their CAH price target from $130.00 to $144.00, on Jan 8, 2025.
Elizabeth Anderson, a bottom 9% analyst from Evercore ISI Group upgrades CAH to a buy rating and maintains their CAH price target from $140.00 to $140.00, on Jan 7, 2025.
George Hill, a top 9% analyst from Deutsche Bank maintains CAH with a hold rating and raises their CAH price target from $119.00 to $124.00, on Nov 4, 2024.
You can dive deeper into what analysts are forecasting on the Cardinal Health stock forecast page.
CAH Technical Indicators
Is CAH Making Money?
Last year, CAH earnings were $1.31B. Over the last 4 year, CAH's earnings have gone up by 3.43% per year. This was slower than the Medical Distribution industry average of 59.18%.
Last year, CAH revenue was $222.16B. During the last 5 year, CAH's revenue has increased by 8.22% per year. This was slower than the Medical Distribution industry average of 9%.
Dig into CAH's earnings and revenue performance here.
Are CAH executives and large shareholders buying or selling the stock?
In the last 12 months, executives and large shareholders at CAH have sold more shares than they have bought.
Aaron E. Alt, Chief Financial Officer of CAH, was the latest CAH insider to sell. They sold $242,196.99 worth of CAH stock on Feb 15, 2025.
Dig into more about who owns CAH stock here.
Does CAH provide a stable income stream?
No, Cardinal Health doesn't provide an income stream by paying out dividends.
What do other traders have to say about CAH?
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Execute your CAH trade
You have two main options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally fine for most investors. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a particular dollar amount limit, place a limit order.
Hit the Open button and your broker will place the order.
If you need more help buying stocks on eToro, watch the how to video below:
Step 6: Get notifications regarding your CAH position
Now that you own some shares in CAH, you'll want to stay up-to-date on your new stock purchase.
Start a watchlist to track the most important metrics related to your CAH stock.
CAH Feed
How to Buy Stock in Cardinal Health
To reiterate, here are the 6 steps to buy Cardinal Health stock:
- Figure out where to buy Cardinal Health stock
- Open your brokerage account
- Deposit money your brokerage account
- Research Cardinal Health stock
- Execute your CAH trade
- Get notifications regarding your CAH position
If you need a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you want to keep an eye on your investment in Cardinal Health, add CAH to your watchlist by clicking the button below.
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