Cvs Health Corp Stock Today

CVS Stock  USD 77.57  0.17  0.22%   

Performance

2 of 100

 
Low
 
High
Weak

Odds Of Distress

Less than 28

 
100  
 
Zero
Below Average
CVS Health is selling for under 77.57 as of the 18th of March 2024; that is 0.22 percent up since the beginning of the trading day. The stock's lowest day price was 76.39. CVS Health has about a 28 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for CVS Health Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 17th of February 2024 and ending today, the 18th of March 2024. Click here to learn more.
Business Domain
Health Care Equipment & Services
IPO Date
17th of December 1984
Category
Healthcare
Classification
Health Care
CVS Health Corporation provides health services in the United States. CVS Health Corporation was founded in 1963 and is headquartered in Woonsocket, Rhode Island. CVS Corp operates under Healthcare Plans classification in the United States and is traded on New York Stock Exchange. The company has 1.26 B outstanding shares of which 24.17 M shares are currently shorted by investors with about 2.34 days to cover. More on CVS Health Corp

CVS Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. CVS Health's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding CVS Health or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, CVS Health's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to CVS Health's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
CEOKaren Lynch
Thematic Ideas
(View all Themes)
Old Names[Cvs Health Corp, Cervantes Corporation Limited]
Business ConcentrationHealth Care Providers & Services, Health Care Equipment & Services, Health Care, NYSE Composite, SP 500 Index, SP 100 Index, SP 100, BETTERINVESTING 100 INDEX, BTRINVSTNG 100 INDEX, Retail, Macroaxis Index, Health Care, Health Care Providers & Services, Healthcare Plans, Healthcare (View all Sectors)
Average Analyst Recommendation
Analysts covering CVS Health report their recommendations after researching CVS Health's financial statements, talking to executives and customers, or listening in on CVS Health's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering CVS Health Corp. The CVS consensus assessment is calculated by taking the average forecast from all of the analysts covering CVS Health.
Financial Strength
Based on the key indicators obtained from CVS Health's historical financial statements, CVS Health Corp is doing better financially then in previous quarter. It has a moderate probability of reporting better financial numbers in April. Financial strength of CVS Health Corp is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover2.231.4327
Way Up
Slightly volatile
Gross Profit Margin0.290.1521
Way Up
Very volatile
Total Current Liabilities83.1 B79.2 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total98.6 B93.9 B
Sufficiently Up
Slightly volatile
Total Assets262.2 B249.7 B
Sufficiently Up
Slightly volatile
Total Current Assets71.3 B67.9 B
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities14.1 B13.4 B
Sufficiently Up
Slightly volatile
CVS Health's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to CVS Health's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
CVS Health's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of CVS Health's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand CVS Health's financial leverage. It provides some insight into what part of CVS Health's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on CVS Health's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how CVS Health deploys its capital and how much of that capital is borrowed.
Liquidity
CVS Health cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 79.39 B in debt with debt to equity (D/E) ratio of 1.0, which is OK given its current industry classification. CVS Health Corp has a current ratio of 0.92, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist CVS Health until it has trouble settling it off, either with new capital or with free cash flow. So, CVS Health's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like CVS Health Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for CVS to invest in growth at high rates of return. When we think about CVS Health's use of debt, we should always consider it together with cash and equity.

Depreciation

4.58 Billion
CVS Health Corp (CVS) is traded on New York Stock Exchange in USA. It is located in One CVS Drive, Woonsocket, RI, United States, 02895 and employs 219,000 people. CVS Health is listed under Health Care Providers & Services category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 97.4 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate CVS Health's market, we take the total number of its shares issued and multiply it by CVS Health's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. CVS Health Corp runs under Health Care Providers & Services sector within Health Care industry. The entity has 1.26 B outstanding shares of which 24.17 M shares are currently shorted by investors with about 2.34 days to cover. CVS Health Corp has about 12.95 B in cash with 13.43 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 15.21.
Check CVS Health Probability Of Bankruptcy
Ownership Allocation
CVS Health holds a total of 1.26 Billion outstanding shares. The majority of CVS Health Corp outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in CVS Health Corp to benefit from reduced commissions. Therefore, institutional investors are subject to a different set of regulations than regular investors in CVS Health. Please pay attention to any change in the institutional holdings of CVS Health Corp as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check CVS Ownership Details

CVS Stock Price Odds Analysis

Attributed to a normal probability distribution, the odds of CVS Health jumping above the current price in 90 days from now is about 21.05%. The CVS Health Corp probability density function shows the probability of CVS Health stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon CVS Health has a beta of 0.0645 suggesting as returns on the market go up, CVS Health average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding CVS Health Corp will be expected to be much smaller as well. Additionally, the company has an alpha of 0.0763, implying that it can generate a 0.0763 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 77.57HorizonTargetOdds Above 77.57
78.66%90 days
 77.57 
21.05%
Based on a normal probability distribution, the odds of CVS Health to move above the current price in 90 days from now is about 21.05 (This CVS Health Corp probability density function shows the probability of CVS Stock to fall within a particular range of prices over 90 days) .

CVS Stock Institutional Holders

Institutional Holdings refers to the ownership stake in CVS Health that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of CVS Health's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing CVS Health's value.
InstituionRecorded OnShares
Jpmorgan Chase & Co2023-09-30
14.4 M
Northern Trust Corp2023-09-30
14.2 M
Royal Bank Of Canada2023-09-30
14.1 M
Norges Bank2023-12-31
13.8 M
Capital Research Global Investors2023-12-31
13 M
Charles Schwab Investment Management Inc2023-09-30
12.7 M
Goldman Sachs Group Inc2023-09-30
11.5 M
T. Rowe Price Associates, Inc.2023-12-31
10.7 M
Bank Of New York Mellon Corp2023-09-30
10.7 M
Vanguard Group Inc2023-09-30
117.2 M
Blackrock Inc2023-09-30
86.7 M
View CVS Health Diagnostics

CVS Health Historical Income Statement

CVS Health Corp Income Statement is one of the three primary financial statements used for reporting CVS's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of CVS Health Corp revenue and expense. CVS Health Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, CVS Health's Cost Of Revenue is comparatively stable compared to the past year. Total Operating Expenses is likely to gain to about 41.8 B in 2024, despite the fact that Total Other Income Expense Net is likely to grow to (2.4 B). View More Fundamentals

CVS Stock Against Markets

Picking the right benchmark for CVS Health stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in CVS Health stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for CVS Health is critical whether you are bullish or bearish towards CVS Health Corp at a given time. Please also check how CVS Health's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in CVS Health without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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CVS Health Corporate Directors

CVS Health corporate directors refer to members of a CVS Health board of directors. The board of directors generally takes responsibility for the CVS Health's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of CVS Health's board members must vote for the resolution. The CVS Health board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Richard BrackenIndependent DirectorProfile
Mary SchapiroIndependent DirectorProfile
David BrownIndependent DirectorProfile
William WeldonIndependent DirectorProfile

How to buy CVS Stock?

Before investing in CVS Health, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in CVS Health. To buy CVS Health stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of CVS Health. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase CVS Health stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located CVS Health Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased CVS Health Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as CVS Health Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy CVS Stock please use our How to Invest in CVS Health guide.

Already Invested in CVS Health Corp?

The danger of trading CVS Health Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of CVS Health is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than CVS Health. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile CVS Health Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether CVS Health Corp is a strong investment it is important to analyze CVS Health's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CVS Health's future performance. For an informed investment choice regarding CVS Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CVS Health Corp. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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Is CVS Health's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CVS Health. If investors know CVS will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CVS Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.10)
Dividend Share
2.42
Earnings Share
6.47
Revenue Per Share
277.528
Quarterly Revenue Growth
0.12
The market value of CVS Health Corp is measured differently than its book value, which is the value of CVS that is recorded on the company's balance sheet. Investors also form their own opinion of CVS Health's value that differs from its market value or its book value, called intrinsic value, which is CVS Health's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CVS Health's market value can be influenced by many factors that don't directly affect CVS Health's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CVS Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if CVS Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CVS Health's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.