Cvs Health Corp Stock Buy Hold or Sell Recommendation
CVS Stock | USD 69.63 0.12 0.17% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding CVS Health Corp is 'Strong Hold'. Macroaxis provides CVS Health buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding CVS positions. The advice algorithm takes into account all of CVS Health's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting CVS Health's buy or sell advice are summarized below:
Real Value 80.85 | Target Price 90.16 | Hype Value 69.61 | Market Value 69.63 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell CVS Health Corp given historical horizon and risk tolerance towards CVS Health. When Macroaxis issues a 'buy' or 'sell' recommendation for CVS Health Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
CVS |
Execute CVS Health Buy or Sell Advice
The CVS recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on CVS Health Corp. Macroaxis does not own or have any residual interests in CVS Health Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute CVS Health's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
CVS Health Trading Alerts and Improvement Suggestions
CVS Health Corp generated a negative expected return over the last 90 days | |
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. | |
Over 83.0% of CVS Health shares are held by institutions such as insurance companies | |
Latest headline from statnews.com: UnitedHealth ghosts Congress on Change cyberattack for now |
CVS Health Returns Distribution Density
The distribution of CVS Health's historical returns is an attempt to chart the uncertainty of CVS Health's future price movements. The chart of the probability distribution of CVS Health daily returns describes the distribution of returns around its average expected value. We use CVS Health Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of CVS Health returns is essential to provide solid investment advice for CVS Health.
Mean Return | -0.05 | Value At Risk | -1.99 | Potential Upside | 1.65 | Standard Deviation | 1.45 |
Return Density |
Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of CVS Health historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
CVS Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as CVS Health is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading CVS Health Corp backward and forwards among themselves. CVS Health's institutional investor refers to the entity that pools money to purchase CVS Health's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Bank Of America Corp | 2023-12-31 | 15.3 M | Norges Bank | 2023-12-31 | 13.8 M | Jpmorgan Chase & Co | 2023-12-31 | 13.8 M | Northern Trust Corp | 2023-12-31 | 13.7 M | Capital Research Global Investors | 2023-12-31 | 13 M | Charles Schwab Investment Management Inc | 2023-12-31 | 13 M | Royal Bank Of Canada | 2023-12-31 | 12.3 M | Legal & General Group Plc | 2023-12-31 | 11.8 M | T. Rowe Price Associates, Inc. | 2023-12-31 | 10.7 M | Vanguard Group Inc | 2023-12-31 | 117.7 M | Blackrock Inc | 2023-12-31 | 87 M |
CVS Health Cash Flow Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Change To Inventory | (1.1B) | (973M) | 735M | (1.4B) | 1.2B | 1.3B | |
Change In Cash | 1.7B | 2.2B | 1.6B | 614M | (4.8B) | (4.5B) | |
Free Cash Flow | 10.4B | 13.4B | 15.7B | 13.5B | 10.4B | 10.9B | |
Depreciation | 4.4B | 4.4B | 4.5B | 4.2B | 4.4B | 4.6B | |
Other Non Cash Items | 548M | 1.2B | 1.9B | 2.4B | 765M | 594.4M | |
Dividends Paid | 2.6B | 2.6B | 2.6B | 2.9B | 3.1B | 3.3B | |
Capital Expenditures | 2.5B | 2.4B | 2.5B | 2.7B | 3.0B | 1.6B | |
Net Income | 6.6B | 7.2B | 7.9B | 4.2B | 8.4B | 8.8B | |
End Period Cash Flow | 6.0B | 8.1B | 12.7B | 13.3B | 8.5B | 9.0B | |
Investments | (485M) | (3.2B) | (2.7B) | (1.0B) | (19.8B) | (18.8B) | |
Change Receivables | 2.2B | (1.5B) | (2.7B) | 3.0B | 3.4B | 3.6B | |
Net Borrowings | (5.3B) | (5.7B) | (9.3B) | (4.2B) | (3.8B) | (3.6B) | |
Change To Netincome | 453M | 1.1B | 549M | 2.5B | 2.9B | 3.1B |
CVS Health Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to CVS Health or Health Care Providers & Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that CVS Health's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a CVS stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.11 | |
β | Beta against NYSE Composite | 0.63 | |
σ | Overall volatility | 1.46 | |
Ir | Information ratio | -0.1 |
CVS Health Volatility Alert
CVS Health Corp exhibits very low volatility with skewness of -1.93 and kurtosis of 8.45. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure CVS Health's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact CVS Health's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.CVS Health Implied Volatility
CVS Health's implied volatility exposes the market's sentiment of CVS Health Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if CVS Health's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that CVS Health stock will not fluctuate a lot when CVS Health's options are near their expiration.
CVS Health Fundamentals Vs Peers
Comparing CVS Health's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze CVS Health's direct or indirect competition across all of the common fundamentals between CVS Health and the related equities. This way, we can detect undervalued stocks with similar characteristics as CVS Health or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of CVS Health's fundamental indicators could also be used in its relative valuation, which is a method of valuing CVS Health by comparing valuation metrics with those of similar companies.
Better Than Average | Worse Than Average | Compare CVS Health to competition |
Fundamentals | CVS Health | Peer Average |
Return On Equity | 0.11 | -0.31 |
Return On Asset | 0.0368 | -0.14 |
Profit Margin | 0.02 % | (1.27) % |
Operating Margin | 0.04 % | (5.51) % |
Current Valuation | 155.73 B | 16.62 B |
Shares Outstanding | 1.26 B | 571.82 M |
Shares Owned By Insiders | 0.11 % | 10.09 % |
Shares Owned By Institutions | 82.76 % | 39.21 % |
Number Of Shares Shorted | 22.72 M | 4.71 M |
Price To Earning | 42.99 X | 28.72 X |
Price To Book | 1.13 X | 9.51 X |
Price To Sales | 0.24 X | 11.42 X |
Revenue | 357.78 B | 9.43 B |
Gross Profit | 53.46 B | 27.38 B |
EBITDA | 13.74 B | 3.9 B |
Net Income | 8.37 B | 570.98 M |
Cash And Equivalents | 12.95 B | 2.7 B |
Cash Per Share | 15.21 X | 5.01 X |
Total Debt | 79.39 B | 5.32 B |
Debt To Equity | 1.00 % | 48.70 % |
Current Ratio | 0.94 X | 2.16 X |
Book Value Per Share | 59.36 X | 1.93 K |
Cash Flow From Operations | 13.43 B | 971.22 M |
Short Ratio | 2.51 X | 4.00 X |
Earnings Per Share | 6.47 X | 3.12 X |
Price To Earnings To Growth | 1.00 X | 4.89 X |
Target Price | 86.76 | |
Number Of Employees | 219 K | 18.84 K |
Beta | 0.51 | -0.15 |
Market Capitalization | 87.77 B | 19.03 B |
Total Asset | 249.73 B | 29.47 B |
Retained Earnings | 61.6 B | 9.33 B |
Working Capital | (11.33 B) | 1.48 B |
Note: Disposition of 33402 shares by Thomas Cowhey of CVS Health at 74.31 subject to Rule 16b-3 [view details]
CVS Health Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as CVS . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About CVS Health Buy or Sell Advice
When is the right time to buy or sell CVS Health Corp? Buying financial instruments such as CVS Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 76.0B | 70.7B | 79.4B | 83.4B | Total Assets | 233.0B | 228.3B | 249.7B | 262.2B |
Use Investing Ideas to Build Portfolios
In addition to having CVS Health in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Healthcare Funds Thematic Idea Now
Healthcare Funds
Funds or Etfs investing in medical and healthcare goods or services as well as hospital management or maintenance organizations. The Healthcare Funds theme has 38 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Healthcare Funds Theme or any other thematic opportunities.
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Check out CVS Health Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
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.