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Barchart
Barchart
Rashmi Kumari

Are Wall Street Analysts Bullish on Cardinal Health Stock?

Headquartered in Dublin, Ohio, Cardinal Health, Inc. (CAH) is a healthcare services and products company known for its dedication to improving the cost-effectiveness and quality of healthcare delivery. Valued at $24.52 billion by market cap, Cardinal Health plays a crucial role in the healthcare supply chain, offering innovative solutions in pharmaceuticals, medical products, and supply chain management. 

CAH’s shares have significantly underperformed the broader market over the past 52 weeks. The stock has surged 9.5% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 19.6%. Also, in 2024, shares of CAH are marginally down compared to SPX's 12% gains on a YTD basis.

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