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CVS

CVS - CVS Health Corp Stock Price, Fair Value and News

55.25USD-0.49 (-0.88%)Delayed as of 08 May 2024, 01:54 pm ET

Market Summary

CVS
USD55.25-0.49
Delayedas of 08 May 2024, 01:54 pm
-0.88%

CVS Alerts

  • 2 major insider buys recently.
  • Big fall in earnings (Y/Y)

CVS Stock Price

View Fullscreen

CVS RSI Chart

CVS Valuation

Market Cap

70.0B

Price/Earnings (Trailing)

9.55

Price/Sales (Trailing)

0.19

EV/EBITDA

6.85

Price/Free Cashflow

8.6

CVS Price/Sales (Trailing)

CVS Profitability

Operating Margin

56.72%

EBT Margin

2.74%

Return on Equity

9.88%

Return on Assets

2.93%

Free Cashflow Yield

11.63%

CVS Fundamentals

CVS Revenue

Revenue (TTM)

360.9B

Rev. Growth (Yr)

3.7%

Rev. Growth (Qtr)

-5.73%

CVS Earnings

Earnings (TTM)

7.3B

Earnings Growth (Yr)

-48.04%

Earnings Growth (Qtr)

-45.35%

Breaking Down CVS Revenue

52 Week Range

54.7077.38
(Low)(High)

Last 7 days

-17.7%

Last 30 days

-25.3%

Last 90 days

-26.7%

Trailing 12 Months

-20.0%

How does CVS drawdown profile look like?

CVS Financial Health

Current Ratio

0.81

Debt/Equity

0.78

Debt/Cashflow

0.19

CVS Investor Care

Dividend Yield

4.45%

Dividend/Share (TTM)

2.48

Buy Backs (1Y)

2.08%

Diluted EPS (TTM)

5.7

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024360.9B000
2023330.9B339.2B347.8B357.8B
2022299.8B307.9B315.2B322.5B
2021271.0B278.3B285.1B292.1B
2020261.9B263.8B266.0B268.7B
2019210.5B227.0B244.3B256.8B
2018186.0B187.2B188.5B194.6B
2017178.8B180.8B182.4B184.8B
2016160.2B166.7B172.7B177.5B
2015143.0B145.6B149.2B153.3B
2014128.7B132.1B135.1B139.4B
2013123.1B123.6B125.3B126.8B
2012112.2B116.5B120.0B123.1B
201197.9B100.4B103.4B107.1B
201098.9B97.9B97.0B95.8B
200989.5B93.3B97.0B98.7B
2008080.0B83.8B87.5B
200700076.3B
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Tracking the Latest Insider Buys and Sells of CVS Health Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 02, 2024
ludwig edward j
bought
53,879
53.879
1,000
-
May 02, 2024
mahoney michael f
bought
500,294
54.4923
9,181
-
Apr 01, 2024
lynch karen s
acquired
3,599,930
79.56
45,248
president and ceo
Apr 01, 2024
cowhey thomas f.
acquired
-
-
15,082
evp and cfo
Apr 01, 2024
joyner j. david
acquired
-
-
28,280
evp&president-pharmacyservices
Apr 01, 2024
lynch karen s
sold (taxes)
-4,928,980
79.56
-61,953
president and ceo
Apr 01, 2024
khichi samrat s.
acquired
-
-
12,569
evp, cpo and general counsel
Apr 01, 2024
cowhey thomas f.
sold (taxes)
-136,764
79.56
-1,719
evp and cfo
Apr 01, 2024
havanec laurie p.
sold (taxes)
-607,043
79.56
-7,630
evp and chief people officer
Apr 01, 2024
kane brian a
acquired
-
-
12,569
evp/president, aetna

1–10 of 50

Which funds bought or sold CVS recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 06, 2024
Sabal Trust CO
reduced
-18.67
-45,436
209,131
0.01%
May 06, 2024
Advisory Services Network, LLC
reduced
-3.8
-182,202
6,276,140
0.14%
May 06, 2024
Wealthspire Advisors, LLC
reduced
-11.62
-188,692
1,571,010
0.02%
May 06, 2024
Riverpoint Wealth Management Holdings, LLC
added
0.9
4,179
222,367
0.06%
May 06, 2024
Hemenway Trust Co LLC
reduced
-35.53
-3,130,850
5,845,590
0.51%
May 06, 2024
Manchester Capital Management LLC
added
131
241,105
421,213
0.05%
May 06, 2024
Valmark Advisers, Inc.
added
31.58
108,030
436,335
0.01%
May 06, 2024
Van Hulzen Asset Management, LLC
added
0.09
5,000
449,000
0.03%
May 06, 2024
Savant Capital, LLC
added
81.59
1,943,180
4,272,450
0.05%
May 06, 2024
Lesa Sroufe & Co
unchanged
-
3,000
329,000
0.31%

1–10 of 50

Are Funds Buying or Selling CVS?

Are funds buying CVS calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own CVS
No. of Funds

Unveiling CVS Health Corp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
9.14%
117,681,195
SC 13G/A
Jan 26, 2024
blackrock inc.
6.8%
87,020,610
SC 13G/A
Feb 09, 2023
vanguard group inc
8.94%
117,533,372
SC 13G/A
Feb 07, 2023
blackrock inc.
7.4%
96,668,258
SC 13G/A
Feb 09, 2022
vanguard group inc
8.28%
109,236,922
SC 13G/A
Feb 01, 2022
blackrock inc.
7.1%
93,556,500
SC 13G/A
Feb 10, 2021
vanguard group inc
8.05%
105,383,923
SC 13G/A
Jan 29, 2021
blackrock inc.
7.1%
92,478,369
SC 13G/A
Feb 12, 2020
vanguard group inc
8.05%
104,808,202
SC 13G/A
Feb 05, 2020
blackrock inc.
7.2%
94,158,010
SC 13G/A

Recent SEC filings of CVS Health Corp

View All Filings
Date Filed Form Type Document
May 07, 2024
424B3
Prospectus Filed
May 07, 2024
FWP
Prospectus Filed
May 03, 2024
13F-HR
Fund Holdings Report
May 02, 2024
4
Insider Trading
May 02, 2024
4
Insider Trading
May 01, 2024
10-Q
Quarterly Report
May 01, 2024
8-K
Current Report
Apr 16, 2024
PX14A6G
PX14A6G
Apr 05, 2024
DEF 14A
DEF 14A
Apr 05, 2024
DEFA14A
DEFA14A

Peers (Alternatives to CVS Health Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
462.0B
371.6B
9.96% 1.73%
20.64
1.24
14.64% 11.24%
98.5B
206.0B
-4.33% 31.01%
25.56
0.48
12.55% -43.95%
82.4B
66.7B
-4.37% 13.20%
15.06
1.23
9.59% -4.59%
70.0B
360.9B
-25.27% -20.02%
9.55
0.19
9.07% 78.49%
40.5B
155.5B
4.29% 11.16%
14.81
0.26
6.34% 84.42%
12.1B
12.3B
3.05% 54.33%
14.8
0.98
5.77% 58.74%
11.7B
14.3B
-2.27% 18.37%
16.37
0.82
6.59% 6.24%
MID-CAP
8.8B
2.3B
-7.98% 4.98%
30.96
3.83
5.96% 18.29%
6.3B
3.0B
-11.24% -2.13%
-553.66
2.09
10.92% -104.06%
2.3B
3.8B
3.83% -33.34%
10.82
0.6
-27.73% -52.50%
2.1B
1.4B
-9.08% 8.52%
34.65
1.52
21.19% 34.42%
SMALL-CAP
1.7B
1.1B
2.42% 25.02%
26.07
1.57
11.45% 30.74%
1.4B
3.0B
8.71% 84.46%
-7.37
0.46
6.74% 20.73%
54.0M
-
-2.35% -2.35%
-3.69
-
- -12.94%
19.6M
21.3M
10.24% 15.77%
36.7
0.92
8.00% -62.25%

CVS Health Corp News

Latest updates
Insider Monkey • 5 hours ago
Forbes • 03 May 2024 • 01:00 pm
The Motley Fool • 01 May 2024 • 04:27 pm
Kiplinger's Personal Finance • 01 May 2024 • 04:20 pm
Fast Company • 01 May 2024 • 01:11 pm

CVS Health Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-5.7%88,43793,81389,76488,92185,27883,84681,15980,63676,82676,60473,79472,61669,09769,55467,05665,34166,75566,88964,81063,43161,646
Costs and Expenses-4.7%86,16690,44086,07485,68781,83280,18785,07875,96773,28174,25870,73368,29065,52067,03063,80760,66163,29763,85261,88260,09958,956
Operating Expenses--------9,1719,876--8,8698,922-8,4718,6688,5638,6548,5958,0428,250
EBITDA Margin-6.5%0.05*0.05*0.05*0.03*0.04*0.04*0.03*0.06*0.06*0.06*0.06*0.06*---------
Interest Expenses3.8%716690693686589552566583586608602636657678731765733734747772782
Income Taxes-30.7%456658754656737818-1,0451,090646300558944746241587974767590604660512
Earnings Before Taxes-41.6%1,5802,7053,0192,5702,8793,150-4,4444,1293,0011,6872,1453,7352,9701,2251,8063,9602,7792,3342,1332,5911,939
EBT Margin-12.4%0.03*0.03*0.03*0.01*0.02*0.02*0.01*0.04*0.04*0.04*0.04*0.03*---------
Net Income-45.3%1,1132,0372,2611,9142,1422,329-3,4063,0392,3551,3931,5982,7912,2249651,2242,9862,0121,7471,5301,9361,421
Net Income Margin-13.1%0.02*0.02*0.02*0.01*0.01*0.01*0.01*0.03*0.03*0.03*0.03*0.03*---------
Free Cashflow218.4%4,198-3,5472,1715,3176,454-2,6408,5435,0352,5123,4084,9135,361---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets0.0%249,743249,728251,306250,071239,330228,275231,212230,279232,873233,052234,891231,164229,606230,715232,898235,495230,639222,449220,113218,904219,768
  Current Assets-0.6%67,47367,85870,14367,75668,70665,63368,34162,14261,48360,03560,84256,55955,71956,36959,21162,50658,95850,30248,18546,90147,857
    Cash Equivalents23.3%10,1078,19613,04313,80714,61812,94517,56312,46311,6119,4089,8267,1195,59811,0439,53215,14510,3378,4085,4696,3386,168
  Inventory-9.3%16,34618,02517,95417,29118,26319,09018,05817,37518,16017,76017,39916,97917,61818,49617,47816,51916,97617,51616,02815,51115,448
  Net PPE---13,02213,00112,87212,87312,62612,76412,84412,89612,77112,66412,61112,60612,34912,22112,14612,04411,65111,48311,348
  Goodwill0%91,27291,27291,26191,2605,90978,15078,08678,56079,06079,12179,12179,55279,55279,55279,57980,05779,99379,74979,54879,48579,075
Liabilities1.4%175,593173,092176,796177,069167,750156,506160,201154,773158,733158,211160,273157,599158,442161,014163,786167,140165,165158,279157,180157,305159,762
  Current Liabilities5.2%83,31979,18981,55379,20675,05469,42172,40968,45769,78067,71964,70959,31160,10462,01762,04463,69459,56053,30352,54449,37650,631
  Short Term Borrowings1259.5%2,719200-1,000--------252---255-1,0704463,005
  Long Term Debt-1.6%57,69458,63859,78261,41956,45050,47650,84850,79752,06351,97156,83259,29459,27059,20761,55263,48165,73564,69964,20666,94167,888
    LT Debt, Current----------------8,1925,8283,7813,7783,8943,893
    LT Debt, Non Current----------------63,48165,73564,69964,20666,94167,888
Shareholder's Equity-3.0%74,15076,46174,33773,00271,58071,46971,48775,73674,03474,84174,61873,56571,16469,70169,11268,35565,47464,17062,93361,59960,006
  Retained Earnings0.4%61,87361,60460,34358,86857,75356,39854,57158,71056,48854,99754,26453,33151,20349,64049,32848,76846,45545,10844,01743,13641,859
Shares Outstanding-2.8%1,2521,2881,2871,2821,2791,3001,3131,3131,3121,3191,3181,316---------
Minority Interest4.0%182175173276198300328322310306310321314312305333334306319317320
Float----88,548---121,258---109,651---84,719---70,618-
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations286.0%4,903-2,6362,7165,9087,438-1,9529,1235,4433,5634,0055,5215,8472,8923,5671,8747,1193,3052,6342,9285,3381,948
  Share Based Compensation7.9%13712715420410310610514789.0013811414587.0011210983.0096.0098.00129112114
Cashflow From Investing-68.6%-2,094-1,242-771-10,362-8,514-119-805-2,130-1,993-1,440-847-1,107-1,867-1,234-1,370-1,333-1,597-709-829-910-891
Cashflow From Financing-26.2%-1,227-972-2,6973,6262,726-2,187-3,218-2,461-2,650-2,914-1,930-3,327-3,185-3,276-6,117-9782,675-1,244-2,968-4,258816
  Dividend Payments7.8%840779779795779719726740722660659650656644665663652651646657649
  Buy Backs302800.0%3,027-1.00-3.00-2.002,0181,500--2,000------------
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CVS Income Statement

2024-03-31
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues:  
Premiums$ 30,391$ 24,352
Net investment income454334
Total revenues88,43785,278
Operating costs:  
Cost of products sold48,07351,455
Health care costs27,80320,448
Loss on assets held for sale0349
Operating expenses10,2909,580
Total operating costs86,16681,832
Operating income2,2713,446
Interest expense716589
Other income(25)(22)
Income before income tax provision1,5802,879
Income tax provision456737
Net income1,1242,142
Net income attributable to noncontrolling interests(11)(6)
Net income attributable to CVS Health$ 1,113$ 2,136
Net income per share attributable to CVS Health:  
Basic (in dollars per share)$ 0.88$ 1.66
Diluted (in dollars per share)$ 0.88$ 1.65
Weighted average shares outstanding:  
Basic (in shares)1,2601,283
Diluted (in shares)1,2671,291
Dividends declared per share (in dollars per share)$ 0.665$ 0.605
Cost, Product and Service [Extensible List]ProductsProducts
Products  
Revenues:  
Revenues$ 53,724$ 58,147
Services  
Revenues:  
Revenues$ 3,868$ 2,445

CVS Balance Sheet

2024-03-31
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Assets:  
Cash and cash equivalents$ 9,801$ 8,196
Investments3,2883,259
Accounts receivable, net32,21735,227
Inventories16,34618,025
Other current assets5,8213,151
Total current assets67,47367,858
Long-term investments24,07423,019
Property and equipment, net13,03713,183
Operating lease right-of-use assets17,04517,252
Goodwill91,27291,272
Intangible assets, net28,77029,234
Separate accounts assets3,2713,250
Other assets4,8014,660
Total assets249,743249,728
Liabilities:  
Accounts payable13,71714,897
Pharmacy claims and discounts payable22,28922,874
Health care costs payable14,36812,049
Policyholders’ funds1,0811,326
Accrued expenses22,35022,189
Other insurance liabilities1,1581,141
Current portion of operating lease liabilities1,9061,741
Short-term debt2,719200
Current portion of long-term debt3,7312,772
Total current liabilities83,31979,189
Long-term operating lease liabilities15,74216,034
Long-term debt57,69458,638
Deferred income taxes4,1844,311
Separate accounts liabilities3,2713,250
Other long-term insurance liabilities5,1785,459
Other long-term liabilities6,2056,211
Total liabilities175,593173,092
Shareholders’ equity:  
Preferred stock, par value $0.01: 0.1 shares authorized; none issued or outstanding00
Common stock, par value $0.01: 3,200 shares authorized; 1,771 shares issued and 1,252 shares outstanding at March 31, 2024 and 1,768 shares issued and 1,288 shares outstanding at December 31, 2023 and capital surplus49,20948,992
Treasury stock, at cost: 519 shares at March 31, 2024 and 480 shares at December 31, 2023(36,773)(33,838)
Retained earnings61,87361,604
Accumulated other comprehensive loss(341)(297)
Total CVS Health shareholders’ equity73,96876,461
Noncontrolling interests182175
Total shareholders’ equity74,15076,636
Total liabilities and shareholders’ equity$ 249,743$ 249,728
CVS
CVS Health Corporation provides health services in the United States. It operates through Health Care Benefits, Pharmacy Services, and Retail/LTC 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 Pharmacy Services segment offers pharmacy benefit management solutions, including plan design and administration, formulary management, retail pharmacy network management, mail order pharmacy, specialty pharmacy and infusion, clinical, and disease and medical spend management services. It serves employers, insurance companies, unions, government employee groups, health plans, prescription drug plans, Medicaid managed care plans, plans offered on public health insurance and private health insurance exchanges, other sponsors of health benefit plans, and individuals. This segment operates retail specialty pharmacy stores; and specialty mail-order, mail-order dispensing, and compounding pharmacies, as well as branches for infusion and enteral nutrition services. The Retail/LTC segment sells prescription and over-the-counter drugs, consumer health and beauty products, and personal care products; and provides health care services through its MinuteClinic walk-in medical clinics. This segment also distributes prescription drugs; and provides related pharmacy consulting and other ancillary services to care facilities and other care settings. 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.
 CEO
 WEBSITEcvshealth.com
 INDUSTRYHealthcare Plans
 EMPLOYEES65535

CVS Health Corp Frequently Asked Questions


What is the ticker symbol for CVS Health Corp? What does CVS stand for in stocks?

CVS is the stock ticker symbol of CVS Health Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of CVS Health Corp (CVS)?

As of Tue May 07 2024, market cap of CVS Health Corp is 69.96 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CVS stock?

You can check CVS's fair value in chart for subscribers.

What is the fair value of CVS stock?

You can check CVS's fair value in chart for subscribers. The fair value of CVS Health Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of CVS Health Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CVS so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is CVS Health Corp a good stock to buy?

The fair value guage provides a quick view whether CVS is over valued or under valued. Whether CVS Health Corp is cheap or expensive depends on the assumptions which impact CVS Health Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CVS.

What is CVS Health Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, CVS's PE ratio (Price to Earnings) is 9.55 and Price to Sales (PS) ratio is 0.19. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CVS PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on CVS Health Corp's stock?

In the past 10 years, CVS Health Corp has provided -0.011 (multiply by 100 for percentage) rate of return.