Cvs Health Corp Stock Fundamentals
CVS Stock | USD 77.57 0.17 0.22% |
CVS Health Corp fundamentals help investors to digest information that contributes to CVS Health's financial success or failures. It also enables traders to predict the movement of CVS Stock. The fundamental analysis module provides a way to measure CVS Health's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to CVS Health stock.
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). CVS | Select Account or Indicator |
CVS Short Ratio Analysis
CVS Health's Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
More About Short Ratio | All Equity Analysis
2021 | 2022 | 2023 | 2024 (projected) | Free Cash Flow | 15.7B | 13.5B | 10.4B | 10.9B | Stock Based Compensation | 484M | 447M | 588M | 617.4M |
Short Ratio | = | Short InterestAverage Trading Volume |
Current CVS Health Short Ratio | 2.34 X |
Most of CVS Health's fundamental indicators, such as Short Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, CVS Health Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
Competition |
CVS Discontinued Operations
Discontinued Operations |
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Based on the latest financial disclosure, CVS Health Corp has a Short Ratio of 2.34 times. This is 40.0% lower than that of the Health Care Providers & Services sector and significantly higher than that of the Health Care industry. The short ratio for all United States stocks is 41.5% higher than that of the company.
CVS Health Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining CVS Health's current stock value. Our valuation model uses many indicators to compare CVS Health value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across CVS Health competition to find correlations between indicators driving CVS Health's intrinsic value. More Info.CVS Health Corp is rated fifth in shares owned by institutions category among related companies. It is the top company in revenue category among related companies totaling about 4,305,885,185 of Revenue per Shares Owned By Institutions. Current Deferred Revenue is likely to gain to about 60 B in 2024. Total Revenue is likely to gain to about 375.7 B in 2024. Comparative valuation analysis is a catch-all model that can be used if you cannot value CVS Health by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for CVS Health's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the CVS Health's earnings, one of the primary drivers of an investment's value.CVS Shares Owned By Insiders Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses CVS Health's direct or indirect competition against its Shares Owned By Insiders to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of CVS Health could also be used in its relative valuation, which is a method of valuing CVS Health by comparing valuation metrics of similar companies.CVS Health is currently under evaluation in shares owned by insiders category among related companies.
CVS Health 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 and do not directly affect the long term financial condition, 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 |
CVS Fundamentals
Return On Equity | 0.11 | ||||
Return On Asset | 0.0368 | ||||
Profit Margin | 0.02 % | ||||
Operating Margin | 0.04 % | ||||
Current Valuation | 165.33 B | ||||
Shares Outstanding | 1.26 B | ||||
Shares Owned By Insiders | 0.14 % | ||||
Shares Owned By Institutions | 83.09 % | ||||
Number Of Shares Shorted | 24.17 M | ||||
Price To Earning | 42.99 X | ||||
Price To Book | 1.27 X | ||||
Price To Sales | 0.27 X | ||||
Revenue | 357.78 B | ||||
Gross Profit | 53.46 B | ||||
EBITDA | 13.74 B | ||||
Net Income | 8.37 B | ||||
Cash And Equivalents | 12.95 B | ||||
Cash Per Share | 15.21 X | ||||
Total Debt | 79.39 B | ||||
Debt To Equity | 1.00 % | ||||
Current Ratio | 0.94 X | ||||
Book Value Per Share | 59.36 X | ||||
Cash Flow From Operations | 13.43 B | ||||
Short Ratio | 2.34 X | ||||
Earnings Per Share | 6.47 X | ||||
Price To Earnings To Growth | 1.12 X | ||||
Target Price | 87.97 | ||||
Number Of Employees | 219 K | ||||
Beta | 0.5 | ||||
Market Capitalization | 97.4 B | ||||
Total Asset | 249.73 B | ||||
Retained Earnings | 61.6 B | ||||
Working Capital | (11.33 B) | ||||
Current Asset | 30.38 B | ||||
Current Liabilities | 23.17 B | ||||
Z Score | 2.64 | ||||
Annual Yield | 0.03 % | ||||
Five Year Return | 2.81 % | ||||
Net Asset | 249.73 B | ||||
Last Dividend Paid | 2.42 |
About CVS Health Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze CVS Health Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CVS Health using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CVS Health Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Last Reported | Projected for 2024 | ||
Current Deferred Revenue | 57.1 B | 60 B | |
Total Revenue | 357.8 B | 375.7 B | |
Cost Of Revenue | 561.1 B | 589.2 B | |
Ebit Per Revenue | 0.04 | 0.06 |
Pair Trading with CVS Health
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CVS Health position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CVS Health will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to CVS Health could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CVS Health when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CVS Health - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CVS Health Corp to buy it.
The correlation of CVS Health is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CVS Health moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CVS Health Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CVS Health can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out CVS Health Piotroski F Score and CVS Health Altman Z Score analysis. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Complementary Tools for CVS Stock analysis
When running CVS Health's price analysis, check to measure CVS Health's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CVS Health is operating at the current time. Most of CVS Health's value examination focuses on studying past and present price action to predict the probability of CVS Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CVS Health's price. Additionally, you may evaluate how the addition of CVS Health to your portfolios can decrease your overall portfolio volatility.
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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.