Cardinal Health Inc

CAH: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$85.00	Ybwhzf	Rskkltkdz

Cardinal Health Posts Strong Drug Growth Offset by Inflation on Equipment Side

Karen Andersen , Matthew Sanders

Nov 8, 2022

Narrow-moat Cardinal Health posted strong first-quarter results despite expected margin challenges. Though core drug distribution is rebounding, the firm was affected by global supply constraints more heavily than its peers because of its equipment distribution component. Given our short-term outlook on these supply constraints, we maintain our fair value estimate of $67 per share.

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