Company Update: Cardinal Health Inc (NYSE:CAH) – Cardinal Health Ranked Among Most LGBT-Inclusive Places to Work in 2016

[PR Newswire] – DUBLIN, Ohio, Jan. 14, 2016 /PRNewswire/ — With a culture that encourages employees to think of diversity as more than just gender and ethnicity, Cardinal Health earned a perfect score on the 2016 Corporate Equality Index (CEI) for the eighth consecutive year. Cardinal Health is among those listed as a Best Place to Work for LGBT Equality. “At Cardinal Health, inclusion is a strategy and we define diversity in the broadest way,” said Cardinal Health Chief Human Resources Officer Carole Watkins. Read more on this. Cardinal Health, Inc. (CAH) , valued at $26.43B, started trading this morning at $78.30. Shares have traded today between $78.18 and $80.78 per share and has traded between $74.76 and $91.91 over the past year. CAH shares are currently priced at 15.07x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 10.49x earnings multiple for the same period. And for those looking to make a return holding the stock, the company pays shareholders $1.55 per share annually in dividends, yielding 1.85%. In a review of the consensus earnings estimate this quarter, 17 sell-side analysts are looking at $1.26 per share, which would be $0.06 better than the year-ago quarter and a $0.02 sequential decrease. In looking at the bigger picture, the full-year EPS estimate of $5.30 would be a $0.92 improvement when compared to the previous year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $29.23 Billion. If reported, that would be a 14.45% increase over the year-ago quarter. More recently, Raymond James downgraded CAH from Outperform to Mkt Perform (Jan 6, 2016). Previously, Goldman upgraded CAH from Neutral to Buy. The average price target for CAH shares is $100.20, which is 27.97% above where the stock opened this morning. See more in (NYSE:CAH) Similar Articles: Company Update (NYSE:CAH): Cardinal Health Introduces Hospital Quality at Home™ Products Company Update: Cardinal Health Inc (NYSE:CAH) – Cardinal Health Reports Strong Q4 And Record Fiscal Year-End Non-GAAP Operating Earnings Results Market Update: Cardinal Health Inc (NYSE:CAH) – Cardinal Health Announces Three Community Pharmacy Best Practice Winners Who Set the Standard for Innovation