Cvs Health Corp Stock Performance
| CVS Stock | USD 68.60 0.43 0.62% |
The firm shows a Beta (market volatility) of 0.48, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, CVS Health's returns are expected to increase less than the market. However, during the bear market, the loss of holding CVS Health is expected to be smaller as well. CVS Health Corp has an expected return of -0.0927%. Please make sure to confirm CVS Health Corp jensen alpha, kurtosis, as well as the relationship between the Kurtosis and price action indicator , to decide if CVS Health Corp performance from the past will be repeated at future time.
Risk-Adjusted Performance
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Over the last 90 days CVS Health Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable basic indicators, CVS Health is not utilizing all of its potentials. The recent stock price uproar, may contribute to short-horizon losses for the private investors. ...more
Actual Historical Performance (%)
One Day Return (0.62) | Five Day Return (1.35) | Year To Date Return (15.15) | Ten Year Return (6.88) | All Time Return 4.1 K |
Forward Dividend Yield 0.0385 | Payout Ratio 0.2906 | Last Split Factor 2:1 | Forward Dividend Rate 2.66 | Dividend Date 2024-05-01 |
| CVS Health dividend paid on 1st of February 2024 | 02/01/2024 |
1 | Disposition of 6698 shares by Laurie Havanec of CVS Health at 76.43 subject to Rule 16b-3 | 02/26/2024 |
2 | Disposition of 33402 shares by Thomas Cowhey of CVS Health at 74.31 subject to Rule 16b-3 | 03/15/2024 |
3 | NC coverage of obesity drugs ends April 1. Here are alternatives. | 03/25/2024 |
4 | CVS Health to hold first quarter 2024 earnings conference call | 04/01/2024 |
5 | Humana tumbles, UnitedHealth and CVS slide on Medicare Advantage hit | 04/02/2024 |
6 | CVS closing plans include another Columbus store | 04/03/2024 |
7 | CVS Health to cover Perrigo OTC birth control pill | 04/04/2024 |
8 | Perrigo shares get price target boost on resilient sales | 04/08/2024 |
9 | Fitch cites Medicare utilization impact on managed care | 04/10/2024 |
10 | STAT Thanks to CVS, a biosimilar version of AbbVies Humira is grabbing huge market share | 04/15/2024 |
11 | AdventHealth helps create groups to define AI use in health care | 04/17/2024 |
| Begin Period Cash Flow | 13.3 B |
CVS |
CVS Health Relative Risk vs. Return Landscape
If you would invest 7,322 in CVS Health Corp on January 19, 2024 and sell it today you would lose (462.00) from holding CVS Health Corp or give up 6.31% of portfolio value over 90 days. CVS Health Corp is generating negative expected returns assuming volatility of 1.4577% on return distribution over 90 days investment horizon. In other words, 12% of stocks are less volatile than CVS, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
CVS Health Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for CVS Health's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as CVS Health Corp, and traders can use it to determine the average amount a CVS Health's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0636
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| Negative Returns | CVS |
Estimated Market Risk
| 1.46 actual daily | 12 88% of assets are more volatile |
Expected Return
| -0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average CVS Health is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of CVS Health by adding CVS Health to a well-diversified portfolio.
CVS Health Fundamentals Growth
CVS Stock prices reflect investors' perceptions of the future prospects and financial health of CVS Health, and CVS Health fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on CVS Stock performance.
| Return On Equity | 0.11 | ||||
| Return On Asset | 0.0368 | ||||
| Profit Margin | 0.02 % | ||||
| Operating Margin | 0.04 % | ||||
| Current Valuation | 154.98 B | ||||
| Shares Outstanding | 1.26 B | ||||
| Price To Earning | 42.99 X | ||||
| Price To Book | 1.13 X | ||||
| Price To Sales | 0.24 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 | ||||
| Earnings Per Share | 6.47 X | ||||
| Market Capitalization | 87.01 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 | ||||
About CVS Health Performance
To evaluate CVS Health Corp Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when CVS Health generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare CVS Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand CVS Health Corp market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents CVS's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 21.69 | 20.60 | |
| Return On Tangible Assets | 0.06 | 0.1 | |
| Return On Capital Employed | 0.08 | 0.08 | |
| Return On Assets | 0.03 | 0.06 | |
| Return On Equity | 0.11 | 0.12 |
Things to note about CVS Health Corp performance evaluation
Checking the ongoing alerts about CVS Health for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for CVS Health Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| 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 bizjournals.com: AdventHealth helps create groups to define AI use in health care |
- Analyzing CVS Health's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether CVS Health's stock is overvalued or undervalued compared to its peers.
- Examining CVS Health's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating CVS Health's management team can have a significant impact on its success or failure. Reviewing the track record and experience of CVS Health's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of CVS Health's stock. These opinions can provide insight into CVS Health's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CVS Health Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
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.