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CVS Health Corp (CVS)
NYSE:CVS
Holding CVS?
Track your performance easily
CVS Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$52.77 - $83.25
Previous Close$60.34
Volume13.58M
Average Volume (3M)10.25M
Market Cap
$75.91B
Enterprise Value$143.65B
Total Cash (Recent Filing)$16.26B
Total Debt (Recent Filing)$83.82B
Price to Earnings (P/E)10.7
Beta0.28
Next Earnings
Nov 06, 2024EPS Estimate
$1.65Last Dividend Ex-Date
Oct 21, 2024Dividend Yield4.31%
Share Statistics
EPS (TTM)5.62
Shares Outstanding1,257,979,270
10 Day Avg. Volume14,963,648
30 Day Avg. Volume10,252,930
Standard Deviation0.07
R-Squared0.14
Alpha-0.00165
Financial Highlights & Ratios
Price to Book (P/B)1.01
Price to Sales (P/S)0.21
Price to Cash Flow (P/CF)6.10
P/FCF Ratio7.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.40
Enterprise Value/Gross Profit2.64
Enterprise Value/Ebitda11.50
Forecast
1Y Price Target
$69.45Price Target Upside19.39% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering14
CVS Health News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceCVS is confident that its Medicare Advantage plans have been priced appropriately, suggesting potential for improved performance.
LeadershipThe new CEO, David Joyner, with 37 years of healthcare and PBM experience, is expected to remove an overhang on the stock.
Market PositionCVS's diversified operating model allows the company to take market share from less financially durable peers within the retail pharmacy space.
Bears Say
Corporate StrategyVarious recent media articles have suggested that CVS is potentially exploring a break-up of the company.
Financial PerformanceCVS is experiencing elevated medical cost trends with a higher medical benefits ratio than consensus.
Market SentimentFeedback has skewed 75% negative vs. 25% positive, indicating concerns about a potential break-up of the company.
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Ownership Overview
0.06% Insiders
30.51% Mutual Funds
1.28% Other Institutional Investors
49.55% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Ability to SellRisks related to the company’s ability to sell goods and services
Website Traffic
The estimated number of people who visited one or more of the websites owned by CVS Health
Desktop Users
Mobile Users
CVS FAQ
What was CVS Health Corp’s price range in the past 12 months?
CVS Health Corp lowest stock price was $52.77 and its highest was $83.25 in the past 12 months.
What is CVS Health Corp’s market cap?
Currently, no data Available
When is CVS Health Corp’s upcoming earnings report date?
CVS Health Corp’s upcoming earnings report date is Nov 06, 2024 which is in 15 days.
How were CVS Health Corp’s earnings last quarter?
CVS Health Corp released its earnings results on Aug 07, 2024. The company reported $1.83 earnings per share for the quarter, beating the consensus estimate of $1.738 by $0.092.
Is CVS Health Corp overvalued?
According to Wall Street analysts CVS Health Corp’s price is currently Undervalued.
Does CVS Health Corp pay dividends?
CVS Health Corp pays a Quarterly dividend of $0.67 which represents an annual dividend yield of 4.31%. See more information on CVS Health Corp dividends here
What is CVS Health Corp’s EPS estimate?
CVS Health Corp’s EPS estimate is $1.65.
How many shares outstanding does CVS Health Corp have?
CVS Health Corp has 1,257,979,200 shares outstanding.
What happened to CVS Health Corp’s price movement after its last earnings report?
CVS Health Corp reported an EPS of $1.83 in its last earnings report, beating expectations of $1.738. Following the earnings report the stock price went down -3.205%.
Which hedge fund is a major shareholder of CVS Health Corp?
Among the largest hedge funds holding CVS Health Corp’s share is Dodge & Cox. It holds CVS Health Corp’s shares valued at 4B.
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CVS Health Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$69.45 (19.39% Upside)
$69.45 (19.39% Upside)
Blogger Sentiment
Bullish
CVS Sentiment 85%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 40.7M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 0.4%
Last 30 Days ▼ 0.4%
Last 30 Days ▼ 0.4%
News Sentiment
Bearish
Bullish news 29%
Bearish news 71%
Bearish news 71%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-11.79%
12-Months-Change
Fundamentals
Return on Equity
9.74%
Trailing 12-Months
Asset Growth
0.96%
Trailing 12-Months
Company Description
CVS Health Corp
Headquartered in Rhode Island and founded in 1963, CVS Health Corp. is a healthcare company in the U.S. that owns CVS Pharmacy, a retail pharmacy chain; CVS Caremark, a pharmacy benefits manager; Aetna, a health insurance provider, among many other brands.
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CVS Company Deck
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CVS Earnings Call
Q2 2024
0:00 / 0:00
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CVS Revenue Breakdown
52.22% Health Services
32.64% Pharmacy & Consumer Wellness
29.53% Health Care Benefits
0.13% Corporate/ Other
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CVS Stock 12 Month Forecast
Average Price Target
$69.45
▲(19.39% Upside)
Technical Analysis
Best Analysts Covering CVS
1 Year
1 Year Success Rate
15/28 ratings generated profit
1 Year Average Return
+4.38%
reiterated a buy rating 6 months ago
Copying John Ransom's trades and holding each position for 1 Year would result in 53.57% of your transactions generating a profit, with an average return of +4.38% per trade.
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