NYSE:CVS - CVS Health Stock Price, News, & Analysis

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$63.74 -1.60 (-2.45 %)
(As of 01/16/2019 06:00 AM ET)
Previous Close$65.34
Today's Range$63.14 - $64.82
52-Week Range$60.14 - $83.88
Volume15.47 million shs
Average Volume9.22 million shs
Market Capitalization$66.57 billion
P/E Ratio10.80
Dividend Yield3.06%
Beta1.12
CVS Health Corporation, together with its subsidiaries, provides integrated pharmacy health care services. It operates through Pharmacy Services and Retail/LTC segments. The Pharmacy Services segment offers pharmacy benefit management solutions, such as plan design and administration, formulary management, Medicare Part D services, mail order, specialty pharmacy and infusion services, retail pharmacy network management services, prescription management systems, clinical services, disease management programs, and medical pharmacy management services. This segment serves employers, insurance companies, unions, government employee groups, health plans, Medicare Part D plans, managed Medicaid plans, plans offered on public and private exchanges, other sponsors of health benefit plans, and individuals under the CVS Caremark Pharmacy Services, Caremark, CVS Specialty, AccordantCare, SilverScript, Wellpartner, NovoLogix, Coram, Navarro Health Services, and ACS Pharmacy names. As of December 31, 2017, it had 23 retail specialty pharmacy stores, 18 specialty mail order pharmacies and 4 mail order dispensing pharmacies, and 83 branches for infusion and enteral services. The Retail/LTC segment sells prescription drugs, over-the-counter drugs, beauty products and cosmetics, personal care products, convenience foods, seasonal merchandise, and greeting cards, as well as offers photo finishing services. It has 9,803 retail stores in 49 states, the District of Columbia, Puerto Rico, and Brazil primarily under the CVS Pharmacy, CVS, CVS Pharmacy y más, Longs Drugs, Navarro Discount Pharmacy, and Drogaria Onofre names; online retail pharmacy Websites; and 37 onsite pharmacy stores, long-term care pharmacy operations, and retail health care clinics. The company was formerly known as CVS Caremark Corporation and changed its name to CVS Health Corporation in September 2014. CVS Health Corporation was founded in 1892 and is headquartered in Woonsocket, Rhode Island.

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Industry, Sector and Symbol

Industry Drug stores & proprietary stores
Sub-IndustryDrug Retail
SectorRetail/Wholesale
CUSIP12665010
Phone401-765-1500

Debt

Current Ratio2.44
Quick Ratio1.94

Price-To-Earnings

Sales & Book Value

Annual Sales$184.77 billion
Price / Sales0.35
Cash Flow$8.3758 per share
Price / Cash Flow7.61
Book Value$37.21 per share
Price / Book1.71

Profitability

Net Income$6.62 billion
Net Margins1.65%
Return on Assets5.61%

Miscellaneous

Employees246,000
Outstanding Shares1,018,800,000
Market Cap$66.57 billion
OptionableOptionable

CVS Health (NYSE:CVS) Frequently Asked Questions

What is CVS Health's stock symbol?

CVS Health trades on the New York Stock Exchange (NYSE) under the ticker symbol "CVS."

How often does CVS Health pay dividends? What is the dividend yield for CVS Health?

CVS Health announced a quarterly dividend on Thursday, January 3rd. Stockholders of record on Friday, January 25th will be paid a dividend of $0.50 per share on Monday, February 4th. This represents a $2.00 annualized dividend and a dividend yield of 3.14%. The ex-dividend date of this dividend is Thursday, January 24th. View CVS Health's Dividend History.

How were CVS Health's earnings last quarter?

CVS Health Corp (NYSE:CVS) posted its quarterly earnings results on Tuesday, November, 6th. The pharmacy operator reported $1.73 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.71 by $0.02. The pharmacy operator had revenue of $47.27 billion for the quarter, compared to analyst estimates of $47.22 billion. CVS Health had a net margin of 1.65% and a return on equity of 18.69%. CVS Health's revenue for the quarter was up 2.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.50 earnings per share. View CVS Health's Earnings History.

When is CVS Health's next earnings date?

CVS Health is scheduled to release their next quarterly earnings announcement on Thursday, February 14th 2019. View Earnings Estimates for CVS Health.

How can I listen to CVS Health's earnings call?

CVS Health will be holding an earnings conference call on Wednesday, February 20th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

What guidance has CVS Health issued on next quarter's earnings?

CVS Health issued an update on its FY18 earnings guidance on Tuesday, November, 6th. The company provided EPS guidance of $6.98-7.08 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $7.04. CVS Health also updated its FY 2018 guidance to $6.98-7.08 EPS.

What price target have analysts set for CVS?

17 equities research analysts have issued twelve-month target prices for CVS Health's shares. Their forecasts range from $80.00 to $104.00. On average, they expect CVS Health's stock price to reach $92.9375 in the next twelve months. This suggests a possible upside of 45.8% from the stock's current price. View Analyst Price Targets for CVS Health.

What is the consensus analysts' recommendation for CVS Health?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CVS Health in the last year. There are currently 3 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for CVS Health.

Has CVS Health been receiving favorable news coverage?

News articles about CVS stock have trended negative on Wednesday, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. CVS Health earned a media sentiment score of -2.5 on InfoTrie's scale. They also gave news headlines about the pharmacy operator a news buzz of 2.0 out of 10, meaning that recent press coverage is very unlikely to have an impact on the stock's share price in the near future.

Are investors shorting CVS Health?

CVS Health saw a drop in short interest during the month of December. As of December 14th, there was short interest totalling 11,357,418 shares, a drop of 67.7% from the November 30th total of 35,182,217 shares. Based on an average trading volume of 12,090,071 shares, the short-interest ratio is presently 0.9 days. Currently, 0.9% of the shares of the company are short sold. View CVS Health's Current Options Chain.

Who are some of CVS Health's key competitors?

Who are CVS Health's key executives?

CVS Health's management team includes the folowing people:
  • Mr. Larry J. Merlo, CEO & Director (Age 62)
  • Mr. Jonathan C. Roberts, Exec. VP & COO (Age 62)
  • Mr. Thomas Michael Moriarty, Exec. VP, Chief Policy & External Affairs Officer and Gen. Counsel (Age 54)
  • Ms. Eva C. Boratto, Exec. VP & CFO (Age 51)
  • Mr. James D. Clark, Sr. VP, Controller & Chief Accounting Officer (Age 53)

Who are CVS Health's major shareholders?

CVS Health's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Retirement Systems of Alabama (0.13%), Hexavest Inc. (0.13%), Factory Mutual Insurance Co. (0.08%), Gateway Investment Advisers LLC (0.08%), Alta Capital Management LLC (0.06%) and Cacti Asset Management LLC (0.04%). Company insiders that own CVS Health stock include Andrew Sussman, C David Brown II, David M Denton, Eva C Boratto, Helena Foulkes, Jonathan C Roberts, Kevin Hourican, Larry J Merlo, Lisa Bisaccia, Richard J Swift, Thomas M Moriarty and Troyen A Brennan. View Institutional Ownership Trends for CVS Health.

Which institutional investors are selling CVS Health stock?

CVS stock was sold by a variety of institutional investors in the last quarter, including DNB Asset Management AS, Factory Mutual Insurance Co., Alta Capital Management LLC, Gulf International Bank UK Ltd, Endurance Wealth Management Inc., Legacy Advisors LLC, Altfest L J & Co. Inc. and Edge Wealth Management LLC. Company insiders that have sold CVS Health company stock in the last year include David M Denton, Eva C Boratto, Helena Foulkes, Kevin Hourican, Larry J Merlo, Lisa Bisaccia and Troyen A Brennan. View Insider Buying and Selling for CVS Health.

Which institutional investors are buying CVS Health stock?

CVS stock was bought by a variety of institutional investors in the last quarter, including Gateway Investment Advisers LLC, KAMES CAPITAL plc, Retirement Systems of Alabama, Chesley Taft & Associates LLC, State of Alaska Department of Revenue, Taylor Wealth Management Partners, Beech Hill Advisors Inc. and USS Investment Management Ltd. View Insider Buying and Selling for CVS Health.

How do I buy shares of CVS Health?

Shares of CVS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is CVS Health's stock price today?

One share of CVS stock can currently be purchased for approximately $63.74.

How big of a company is CVS Health?

CVS Health has a market capitalization of $67.05 billion and generates $184.77 billion in revenue each year. The pharmacy operator earns $6.62 billion in net income (profit) each year or $5.90 on an earnings per share basis. CVS Health employs 246,000 workers across the globe.

What is CVS Health's official website?

The official website for CVS Health is http://www.cvshealth.com.

How can I contact CVS Health?

CVS Health's mailing address is ONE CVS DR., WOONSOCKET RI, 02895. The pharmacy operator can be reached via phone at 401-765-1500 or via email at [email protected]


MarketBeat Community Rating for CVS Health (NYSE CVS)

Community Ranking:  3.2 out of 5 (star star star)
Outperform Votes:  1,063 (Vote Outperform)
Underperform Votes:  573 (Vote Underperform)
Total Votes:  1,636
MarketBeat's community ratings are surveys of what our community members think about CVS Health and other stocks. Vote "Outperform" if you believe CVS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CVS will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/16/2019 by MarketBeat.com Staff

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