CareFusion Corp. EVP Sells $1,241,238 in Stock (CFN)
CareFusion Corp. (NYSE:CFN) EVP Fortune Gordon La unloaded 33,960 shares of CareFusion Corp. stock in a transaction dated Monday, September 9th. The shares were sold at an average price of $36.55, for a total value of $1,241,238.00. Following the completion of the transaction, the executive vice president now directly owns 20,894 shares in the company. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.
A number of analysts have recently weighed in on CFN shares. Analysts at Stifel Nicolaus reiterated a “buy” rating on shares of CareFusion Corp. (NYSE:CFN) in a research note to investors on Thursday, August 29th. They now have a $42.00 price target on the stock. Separately, analysts at Citigroup Inc. raised their price target on shares of CareFusion Corp. (NYSE:CFN) from $37.00 to $42.00 in a research note to investors on Thursday, August 29th. They now have a “hold” rating on the stock. Finally, analysts at Barclays Capital raised their price target on shares of CareFusion Corp. (NYSE:CFN) from $35.00 to $37.00 in a research note to investors on Monday, August 12th. They now have an “equal weight” rating on the stock.
Seven research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. CareFusion Corp. currently has an average rating of “Hold” and an average target price of $38.10.
CareFusion Corp. (NYSE:CFN) traded down 0.24% on Tuesday, hitting $37.12. The stock had a trading volume of 1,871,931 shares. CareFusion Corp. has a 52-week low of $26.00 and a 52-week high of $39.38. The stock has a 50-day moving average of $36.92 and a 200-day moving average of $35.72. The company has a market cap of $7.958 billion and a price-to-earnings ratio of 21.61.
CareFusion Corp. (NYSE:CFN) last released its earnings data on Thursday, August 8th. The company reported $0.55 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.56 by $0.01. The company had revenue of $903.00 million for the quarter, compared to the consensus estimate of $918.25 million. During the same quarter last year, the company posted $0.51 earnings per share. CareFusion Corp.’s revenue was down 6.0% compared to the same quarter last year. Analysts expect that CareFusion Corp. will post $2.35 EPS for the current fiscal year.
CareFusion Corporation (NYSE:CFN) is a global medical technology company.
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