How to buy Cardinal Health shares

Learn how to easily invest in Cardinal Health shares.

Cardinal Health Inc (CAH) is a publicly traded medical distribution business based in the US which employs around 47,900 staff. Cardinal Health is listed on the NYSE and traded in US dollars.

How to buy shares in Cardinal Health

  1. Open a brokerage account. Choose from our top broker picks or compare brokers in depth. Then, complete an application.
  2. Fund your account. Add money to your account via bank transfer, debit card or credit card.
  3. Search the platform by ticker symbol. CAH in this case.
  4. Choose an order type. Place a market order or limit order with your preferred number of shares or dollar amount.
  5. Submit the order. It's that simple.
The whole process can take as little as 15 minutes. You'll need a smartphone or computer, an internet connection, your passport or driving licence and a means of payment.

Our top picks for where to buy Cardinal Health shares

Best for 0% commission stocks
eToro logo
Finder Award
Go to site
Capital at risk. T&Cs apply.
Copy picks from top traders
Commission-free trades
Fractional shares
Get dividend payments
Best for fractional shares
XTB logo
Go to site
Capital at risk. T&Cs apply.
Earn 4.75% on uninvested funds
Commission-free trades
Fractional shares
5,400+ stocks/ETFs
Best for customer satisfaction
Hargreaves Lansdown logo
Finder Award
Go to site
Capital at risk. T&Cs apply.
97% would recommend
Free fund trading
Expert insights
Wide range of accounts

Fees calculator for buying Cardinal Health shares with popular apps

Both exchange rates and share prices fluctuate in real time, so the costs estimated here should be considered as a guide only. They don't factor in spreads, which can be hard to pin down. Always refer to the platform itself for availability and pricing.

Quantity of shares

10
Platform Finder Score Account fee Min. initial deposit Trade cost Link
eToro logo
9 Excellent
£0 $100 £952.62
Go to siteCapital at risk
Freetrade logo
9.1 Excellent
£0 £1 £954.89
Go to siteCapital at risk
Trading212 logo
10 Excellent
£0 £1 £946.95
Go to siteCapital at risk
XTB logo
9 Excellent
£0 £0 £950.26
Go to siteCapital at risk
CMC Invest logo
9 Excellent
£0 £0 £950.26
Go to siteCapital at risk
Hargreaves Lansdown logo
8.5 Great
£0 (0.45% for funds) £1 £966.94
Go to siteCapital at risk

Full comparison of share dealing platforms

These providers cover a wide range of stocks, but we can't guarantee they'll all offer this stock.

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.


Alternative ways to invest in Cardinal Health

Buying shares in just one company is generally considered a riskier bet than investing in a range of investments - AKA a "diversified portfolio". Experts generally recommend holding a mix of investments in specific assets and funds. Funds are ready-made portfolios of multiple companies' shares (potentially including Cardinal Health), and the idea is that drops in the value of one constituent company's share price might be offset by rises in others.

Cardinal Health is a major part of the NYSE, so it's included in many global funds and investment trusts, as well as tracker-style exchange traded funds (ETFs).

ETF5-year performance (to August 2024)Link to invest
Invesco S&P 500 (SPXP)Invesco icon94.07%Invest with XTBCapital at risk
Xtrackers S&P 500 Swap (XSPX)DWS Xtrackers icon93.77%Invest with XTBCapital at risk
iShares Core S&P 500 (CSP1)iShares icon91.84%Invest with XTBCapital at risk
HSBC S&P 500 (HSPX)HSBC icon80.38%Invest with XTBCapital at risk
Vanguard S&P 500 (VUSA)Vanguard icon79.29%Invest with XTBCapital at risk
SPDR S&P 500 ETF (SPX5)SPDR icon79.17%Invest with XTBCapital at risk

Is it a good time to buy Cardinal Health stock?

Review technicals and fundamentals to help you determine if now's a good time for you to invest.

Technical analysis

View Cardinal Health's price performance, share price volatility, historical data and technicals.

Use our graph to track the performance of CAH stock over time.

Historical closes compared with the last close of $118.28

1 week (2024-12-13)
1 month (2024-11-20)
3 months (2024-09-20)
6 months (2024-06-20)
1 year (2023-12-20)
2 years (2022-12-20)
3 years (2021-12-20)
5 years (2019-12-20)

The gauge below shows real-time ratings that are based on 26 popular indicators such as moving averages, for specific time periods. It's not a recommendation but is simply technical analysis that can form part of your research.

Finder might not agree with the analysis and we take no responsibility. We also give no representations or warranty on the accuracy or completeness of the information provided on this page.

Promoted
eToro
Invest in Cardinal Health shares
Finder AwardFree Trades
  • Over 5,500+ stocks from 20 exchanges
  • Free to open an account
  • Commission-free trading

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.


Is Cardinal Health under- or over-valued?

Valuing a stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of overall performance. However, analysts commonly use some key metrics to help gauge value. Check out the Cardinal Health P/E ratio, PEG ratio and EBITDA.

Cardinal Health's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 32x. In other words, Cardinal Health's shares trade at around 32x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the United States stock markets on average as of November 09, 2023 (20.44). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Cardinal Health's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.9635. A PEG ratio below 1 can be interpreted as meaning the shares are not overvalued given the current rate of growth.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Cardinal Health's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Cardinal Health's EBITDA (earnings before interest, taxes, depreciation and amortisation) is a whopping $2.9 billion (£2.3 billion).

The EBITDA is a measure of Cardinal Health's overall financial performance and is widely used to measure a its profitability.

Frequently asked questions

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.


More guides on Finder

  • How to buy Canopy Growth shares

    Ever wondered how to buy shares in Canopy Growth? We explain how and compare a range of providers that can give you access to many brands, including Canopy Growth.

  • How to buy Green Thumb Industries shares

    Ever wondered how to buy shares in Green Thumb Industries? We explain how and compare a range of providers that can give you access to many brands, including Green Thumb Industries.

  • How to buy Curaleaf Holdings shares

    Ever wondered how to buy shares in Curaleaf Holdings? We explain how and compare a range of providers that can give you access to many brands, including Curaleaf Holdings.

  • How to buy Genesis Healthcare shares

    Ever wondered how to buy shares in Genesis Healthcare? We explain how and compare a range of providers that can give you access to many brands, including Genesis Healthcare.

  • How to buy Allergy Therapeutics shares

    Ever wondered how to buy shares in Allergy Therapeutics? We explain how and compare a range of providers that can give you access to many brands, including Allergy Therapeutics.

  • How to buy 4D pharma shares

    Ever wondered how to buy shares in 4D pharma? We explain how and compare a range of providers that can give you access to many brands, including 4D pharma.

  • How to buy Aurora Cannabis shares

    Ever wondered how to buy shares in Aurora Cannabis? We explain how and compare a range of providers that can give you access to many brands, including Aurora Cannabis.

  • How to buy Evgen Pharma shares

    Thinking about buying shares in Evgen Pharma? We explain how to do it and compare a range of providers who will give you access to global markets.

  • How to buy Intuitive Surgical shares

    Ever wondered how to buy shares in Intuitive Surgical? We explain how and compare a range of providers that can give you access to many brands, including Intuitive Surgical.

  • How to buy Stryker Corporation shares

    Ever wondered how to buy shares in Stryker? We explain how and compare a range of providers that can give you access to many brands, including Stryker.

Go to site