CVS Health Corporation (CVS)
- Previous Close
56.46 - Open
56.74 - Bid 55.65 x 800
- Ask 55.75 x 900
- Day's Range
55.62 - 57.23 - 52 Week Range
52.77 - 83.25 - Volume
13,566,927 - Avg. Volume
10,284,821 - Market Cap (intraday)
70.208B - Beta (5Y Monthly) 0.53
- PE Ratio (TTM)
9.93 - EPS (TTM)
5.62 - Earnings Date Nov 6, 2024
- Forward Dividend & Yield 2.66 (4.77%)
- Ex-Dividend Date Oct 21, 2024
- 1y Target Est
67.39
CVS Health Corporation provides health solutions in the United States. It operates through Health Care Benefits, Health Services, and Pharmacy & Consumer Wellness segments. The Health Care Benefits segment offers traditional, voluntary, and consumer-directed health insurance products and related services. It serves employer groups, individuals, college students, part-time and hourly workers, health plans, health care providers, governmental units, government-sponsored plans, labor groups, and expatriates. The Health Services segment offers pharmacy benefit management solutions, including plan design and administration, formulary management, retail pharmacy network management, specialty and mail order pharmacy, clinical, disease management, and medical spend management services. It serves employers, insurance companies, unions, government employee groups, health plans, prescription drug plans, Medicaid managed care plans, CMS, plans offered on public health insurance, and other sponsors of health benefit plans. The Pharmacy & Consumer Wellness segment sells prescription and over-the-counter drugs, consumer health and beauty products, and personal care products. This segment also distributes prescription drugs; and provides related pharmacy consulting and other ancillary services to care facilities and other care settings. It operates online retail pharmacy websites, LTC pharmacies and on-site pharmacies, retail specialty pharmacy stores, compounding pharmacies and branches for infusion and enteral nutrition services. The company was formerly known as CVS Caremark Corporation and changed its name to CVS Health Corporation in September 2014. CVS Health Corporation was incorporated in 1996 and is headquartered in Woonsocket, Rhode Island.
www.cvshealth.com219,000
Full Time Employees
December 31
Fiscal Year Ends
Sector
Industry
Recent News: CVS
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Performance Overview: CVS
Trailing total returns as of 11/1/2024, which may include dividends or other distributions. Benchmark is
.YTD Return
1-Year Return
3-Year Return
5-Year Return
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Statistics: CVS
View MoreValuation Measures
Market Cap
70.21B
Enterprise Value
137.77B
Trailing P/E
9.93
Forward P/E
7.53
PEG Ratio (5yr expected)
1.79
Price/Sales (ttm)
0.20
Price/Book (mrq)
0.94
Enterprise Value/Revenue
0.38
Enterprise Value/EBITDA
8.09
Financial Highlights
Profitability and Income Statement
Profit Margin
1.99%
Return on Assets (ttm)
2.87%
Return on Equity (ttm)
9.73%
Revenue (ttm)
361.85B
Net Income Avi to Common (ttm)
7.19B
Diluted EPS (ttm)
5.62
Balance Sheet and Cash Flow
Total Cash (mrq)
16.26B
Total Debt/Equity (mrq)
111.60%
Levered Free Cash Flow (ttm)
5.58B
Research Analysis: CVS
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Research Reports: CVS
View MoreCVS: Makes Management Change Amid Underperformance at Aetna
CVS Health offers a diverse set of healthcare services. Its roots are in its retail pharmacy operations, where it operates over 9,000 stores primarily in the US. CVS is also a large pharmacy benefit manager (acquired through Caremark), processing about 2 billion adjusted claims annually. It also operates a top-tier health insurer (acquired through Aetna) where it serves about 26 million medical members. The company's recent acquisition of Oak Street adds primary care services to the mix, which could have significant synergies with all its existing business lines.
RatingPrice TargetLarge Cap US Pick List - October 2024
This pick list highlights constituents of the Morningstar US Large Cap Index that we believe offer investors the best risk-adjusted return prospects. Stocks of large-cap companies where neither growth nor value characteristics predominate. Stocks in the top 70% of the capitalization of the U.S. equity market are defined as large cap.
Reviewing strategic options
CVS Health Corp. operated 9,400 retail drugstores at the end of 2023, including over 1,880 locations in Target stores. The total number of locations is approximately 10,000 when we include a leading specialty pharmacy, Long Term Care pharmacies, primary care centers, and Infusion Centers where cancer medicines, for example, are delivered through a needle. The combined company posted 2023 revenue of $358 billion, with $187 billion in Health Services (which includes the pharmacy benefit manager business), $117 billion in Pharmacy & Consumer Wellness (which includes the retail drug stores), and $106 billion in Health Care Benefits. Revenues exceed the total before elimination of transactions between segments, which totaled approximately $52 billion. Aetna was acquired at the end of 2018. CVS operated more than 1,100 Minute Clinics, primarily within CVS pharmacy stores. The corporate headquarters is in Woonsocket, Rhode Island.
RatingPrice TargetStocks are flat at midday. Geopolitical tensions are creating
Stocks are flat at midday. Geopolitical tensions are creating uneasiness in the markets. Trouble in the Middle East is escalating. Oil prices are up another 2%. The U.S. east coast port strike also continues which could hurt trade and raise prices of certain goods.