| 2023-09-29 | -1.12 % |
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| 2023-09-28 | -0.27 % |
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| 2023-09-27 | -0.71 % |
- The article discusses the recent performance of Cardinal Health Inc (NYSE: CAH) stock, which experienced a daily loss of 1.68% and a 3-month loss of 5.23%. It provides a comprehensive valuation analysis of the stock, concluding that it appears to be fairly valued based on its current stock price and intrinsic value. The article also assesses the company's financial strength, profitability, and growth, and compares its return on invested capital to its weighted cost of capital. Overall, the stock of Cardinal Health is estimated to be fairly valued, with fair financial condition and profitability, but below-average growth compared to other companies in the Medical Distribution industry.
- The article is a proxy statement from Cardinal Health, providing information to shareholders about the company's performance, board nominees, governance, and executive compensation. It does not mention why the Cardinal Health stock went down.
- Cardinal Health's stock went down by -0.71% because the company is about to trade ex-dividend, meaning that shareholders need to be present on the company's books by the record date in order to receive the dividend payment. The company's next dividend payment will be $0.50 per share, and while Cardinal Health generated enough cash to fund its dividend, it paid out 199% of its profit in the past year, suggesting that the dividend may not be sustainable. Additionally, while the company has shown steady growth in earnings per share and has increased its dividend payments over the past 10 years, there are some risks associated with investing in Cardinal Health. Therefore, the article does not recommend buying the stock at this time.
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| 2023-09-26 | -0.61 % |
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| 2023-09-19 | +0.1 % |
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| 2023-09-18 | +0.48 % |
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| 2023-09-13 | -1.1 % |
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| 2023-09-07 | +1.54 % |
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| 2023-09-06 | +0.39 % |
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| 2023-09-05 | -0.77 % |
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| 2023-08-29 | +0.1 % |
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| 2023-08-24 | +0.94 % |
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| 2023-08-18 | -0.63 % |
- Cardinal Health's stock went down because Blue Shield of California's announcement to shake up its pharmacy benefits manager (PBM) services caused a decline in healthcare stocks, but analysts believe the reaction was disproportionate to the actual impact, as CVS will maintain the most profitable segment of specialty pharmacy in the new arrangement.
- Cardinal Health (CAH) stock went down by 0.63% after Blue Shield of California announced a shake-up in pharmacy benefits manager (PBM) services, which caused a selloff in healthcare stocks; however, analysts believe the market's reaction was overly negative, as the reality of the announcement is not as severe as initially thought. The Blue Shield insurer is unbundling its PBM service and distributing portions to disruptors like Cost Plus Drugs and Amazon Pharmacy, and while CVS will maintain the most profitable specialty pharmacy segment, other PBMs like CVS, Cigna, and United Health Group face some challenges. The announcement has sparked interest in the healthcare industry, with other Blues and employer plans potentially considering a similar strategy.
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| 2023-08-17 | -4.44 % |
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| 2023-08-16 | -0.19 % |
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| 2023-08-15 | -2.6 % |
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| 2023-08-14 | +0.66 % |
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| 2023-08-04 | -2.69 % |
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| 2023-08-03 | +0.73 % |
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| 2023-08-02 | +1.58 % |
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| 2023-08-01 | +0.19 % |
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| 2023-07-31 | -0.24 % |
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| 2023-07-26 | -1.55 % |
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| 2023-07-21 | -0.97 % |
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| 2023-07-20 | +2.12 % |
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| 2023-07-19 | -1.12 % |
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| 2023-07-18 | -0.3 % |
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| 2023-07-12 | -0.84 % |
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| 2023-07-10 | -0.3 % |
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| 2023-07-06 | -0.4 % |
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| 2023-07-05 | +0.04 % |
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| 2023-06-30 | +0.69 % |
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| 2023-06-26 | +0.62 % |
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| 2023-06-20 | -0.01 % |
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| 2023-06-16 | +2.34 % |
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| 2023-06-15 | +2.52 % |
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| 2023-06-14 | -1.19 % |
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| 2023-06-12 | +0.47 % |
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| 2023-06-08 | +2.47 % |
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| 2023-06-06 | -0.5 % |
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| 2023-06-05 | +0.2 % |
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| 2023-06-02 | +1.4 % |
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| 2023-06-01 | +1.36 % |
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| 2023-05-30 | -1.81 % |
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| 2023-05-26 | -2.21 % |
- The article announces Palantir Technologies' live-streamed AIPCon customer conference on June 1, 2023, with a focus on the adoption of Palantir AIP and AI in Foundry, and includes customer keynotes from Molson Coors, Cardinal Health, RBC, Lockheed Martin, PG&E, Tampa General Hospital, DISH Wireless, Siemens Healthineers, PwC, among others, and the Cardinal Health (CAH) stock went down last night due to reasons not mentioned in the article.
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| 2023-05-24 | +0.2 % |
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| 2023-05-23 | -1.38 % |
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| 2023-05-22 | +0.06 % |
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| 2023-05-11 | -0.4 % |
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| 2023-05-09 | +0.24 % |
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| 2023-05-05 | +2.93 % |
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| 2023-05-04 | -0.99 % |
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| 2023-05-02 | +0.13 % |
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| 2023-04-21 | -0.01 % |
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| 2023-04-19 | -0.58 % |
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| 2023-04-17 | -0.71 % |
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| 2023-04-13 | +1.98 % |
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| 2023-04-11 | +0.41 % |
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| 2023-04-03 | +1.6 % |
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| 2023-03-31 | +0.2 % |
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| 2023-03-30 | +1.01 % |
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