Understanding Cardinal Health's -11.9% Movement During Last Week
Cardinal Health's stock moved -11.9% in the last 5 trading days, whereas S&P 500 moved 3%. Does this warrant an investment decision? We help you by providing three different perspectives suitable to different investment styles. You can:
Assess Cardinal Health's changed relative positioning in the marketLook at the trends in Cardinal Health's underlying financials to identify whether the move is in-line or at oddsConsider the near term movement prediction for Cardinal Health by Trefis machine learning engine
How has stock trended this year?
Cardinal Health's stock price increased 15.6% this year, from $50.58 to $58.47, before moving -11.9% last week, and ending at $51.53.
Has stock become more expensive or cheaper?
At the beginning of this year, Cardinal Health's trailing 12 month P/S ratio was 0.1. This figure increased 6% to 0.11, before ending at 0.1
Is market undervaluing or overvaluing the stock vs its peers?
Compared to Cardinal Health's P/S multiple of 0.1, the figure for its peers LH, DGX, and ABC stands at 1.56, 2.19, and 0.08 respectively.
Is the recent move in-line with historical stock price growth?
Cardinal Health's stock price decreased -11.9% last week. In comparison, the stock has decreased -17.4% between 2017 and 2019, and has decrease -15.9% between 2017 and now.
Do business fundamentals support this movement? - Revenue Perspective
Cardinal Health's revenue has increased 12% from $129,976 Mil in 2017 to $145,534 Mil in 2019. For the last 12 months, this figure stood at $154,646 Mil, implying increase of 6.3% over 2019 numbers.
Do business fundamentals support this movement? - Margin Perspective
Cardinal Health's net margins have decreased -5.8% from 1% in 2017 to 0.9% in 2019. For the last 12 months, this figure stood at 0.63%
 Trefis Machine Learning Algorithm Prediction | A Near Term Play
Our AI engine analyzes past patterns in stock movements to predict near term behavior for a given level of movement in the recent period, and suggests nearly a XX% probability of Cardinal Health dropping another 5% over the next 21 trading days. However, over the next 3 months, the chances of a 10% rebound are at a significant YY%. Our detailed dashboard highlights the chances of Cardinal Health' stock rising after a fall and should help you understand near-term return probabilities for different levels of movements.
See our complete analysis for Cardinal Health
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