Cah stock price forecast short interest trends influence cah

Short interest trends influence cah stock price forecast — current short float is down to 1.9%, indicating reduced bearish sentiment from speculative traders. Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. There are a reasonable number of analysts covering the stock, so it might be useful to find out their aggregate view on the future. The stock trades at less than 20 times earnings , the first time since 2012 that GOOGL shares have traded with a sub-20 P/E. With a beta of 1.01, its volatility is nearly even to the S&P 500, and the company even paid its first dividend last year, indicating future emphasis on rewarding shareholders along with R/D reinvestments. Industry comparisons in cah stock price forecast show Cardinal Health outperforming peers like McKesson in short-term growth metrics, strengthening buy-side confidence this quarter.