CVS Health Corp (NYSE: CVS): The Best-Of-Breed For Investing?

Currently, there are 1.29B common shares owned by the public and among those 1.26B shares have been available to trade.

The company’s stock has a 5-day price change of 5.23% and 13.53% over the past three months. CVS shares are trading -18.20% year to date (YTD), with the 12-month market performance down to -6.36% lower. It has a 12-month low price of $52.77 and touched a high of $83.25 over the same period. CVS has an average intraday trading volume of 9.07 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 9.70%, 10.31%, and -2.30% respectively.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Institutional ownership of CVS Health Corp (NYSE: CVS) shares accounts for 82.94% of the company’s 1.29B shares outstanding.

It has a market capitalization of $81.25B and a beta (3y monthly) value of 0.53. The stock’s trailing 12-month PE ratio is 11.49, while the earnings-per-share (ttm) stands at $5.62. The company has a PEG of 3.08 and a Quick Ratio of 0.66 with the debt-to-equity ratio at 1.12. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.08% over the week and 2.51% over the month.

Earnings per share for the fiscal year are expected to decrease by -25.53%, and 12.68% over the next financial year.

Looking at the support for the CVS, a number of firms have released research notes about the stock. TD Cowen stated their Buy rating for the stock in a research note on October 04, 2024, with the firm’s price target at $59-$85. Robert W. Baird coverage for the CVS Health Corp (CVS) stock in a research note released on May 30, 2024 offered a Neutral rating with a price target of $61. TD Cowen was of a view on May 07, 2024 that the stock is Hold, while UBS gave the stock Neutral rating on May 02, 2024, issuing a price target of $85- $60. Leerink Partners on their part issued Market Perform rating on May 01, 2024.

Most Popular

Related Posts