Is CVS Health’s PE ratio too expensive?
Earnings for CVS Health are expected to grow by 3.26% in the coming year, from $7.97 to $8.23 per share. The P/E ratio of CVS Health is 15.89, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.53.
What is the stock symbol for CVS Health?
CVS Health trades on the New York Stock Exchange (NYSE) under the ticker symbol "CVS." Who are CVS Health's major shareholders? CVS Health's stock is owned by a number of retail and institutional investors.
What is CVS Health's earnings guidance?
CVS Health updated its FY 2021 earnings guidance on Thursday, December, 2nd. The company provided earnings per share guidance of $7.900-$8.000 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $7.980. The company issued revenue guidance of -. What price target have analysts set for CVS?
Does CVS Health stock pay dividends?
CVS Health (NYSE:CVS) pays quarterly dividends to shareholders. When was CVS Health's most recent dividend payment? CVS Health's most recent quarterly dividend payment of $0.55 per share was made to shareholders on Tuesday, February 1, 2022. Is CVS Health's dividend growing? Over the past three years, CVS Health's dividend has not grown.
What is PE CVS?
CVS Health PE Ratio 2010-2022 | CVS The price to earnings ratio is calculated by taking the latest closing price and dividing it by the most recent earnings per share (EPS) number. The PE ratio is a simple way to assess whether a stock is over or under valued and is the most widely used valuation measure.
Is CVS stock overvalued?
Investors may also note in 2020 and 2021, Walgreens' EV-to-EBITDA ratio was about one or two turns higher than CVS Health. When compared to Walgreens, CVS does not appears overvalued.
What is a good PE value for a stock?
There's no specific number that indicates expensiveness, but, typically, stocks with P/E ratios of below 15 are considered cheap, while stocks above about 18 are thought of as expensive.
Is CVS stock a good investment?
CVS Health Corporation - Hold Its Value Score of A indicates it would be a good pick for value investors. The financial health and growth prospects of CVS, demonstrate its potential to outperform the market. It currently has a Growth Score of A.
Is CVS a good stock to buy 2021?
CVS Stock Key Metrics Based on the mid-point of CVS' management guidance, the company is expecting a modest +5% growth in top line (as compared to +9% revenue increase for FY 2021) and a -2% contraction in non-GAAP earnings per share for FY 2022.
Is CVS a buy sell or hold?
CVS Health has received a consensus rating of Moderate Buy. The company's average rating score is 2.79, and is based on 15 buy ratings, 4 hold ratings, and no sell ratings.
Is 30 a good PE ratio?
P/E 30 Ratio Explained A P/E of 30 is high by historical stock market standards. This type of valuation is usually placed on only the fastest-growing companies by investors in the company's early stages of growth. Once a company becomes more mature, it will grow more slowly and the P/E tends to decline.
What is Amazon PE ratio?
Amazon reported 50.38 in PE Price to Earnings for its fourth fiscal quarter of 2021.
Is 13 a good PE ratio?
However, companies that grow faster than average typically have higher P/Es, such as technology companies. A higher P/E ratio shows that investors are willing to pay a higher share price today because of growth expectations in the future. The average P/E for the S&P 500 has historically ranged from 13 to 15.
Is CVS undervalued?
While CVS did have quite the run up in the stock, I still believe it is materially undervalued....About CVS.SymbolLast Price% ChgCVS93.721.46%May 3, 2022
Is CVS a better investment than Walgreens?
Although CVS is more diverse and slightly more profitable, the difference isn't significant; Walgreens looks to be the better investment all around. Its dividend pays more, and the company is investing in primary care, which should help lead to even more traffic at its stores.
Who is better CVS or Walgreens?
We compared both Krazy Coupon Lady's CVS and Walgreens deals for one month and found that CVS edged out Walgreens when it comes to average savings. For example, in the categories “beauty” and “hair care,” CVS's savings averaged 69%, while Walgreens' averaged just 60%.
Kim Schrier Stock Portfolio: 10 Stocks To Consider
CVS Makes a Bold Play to Grow Its Business
In this article, we discuss the 10 stocks to consider in the portfolio of Kim Schrier. If you want to skip our detailed analysis of these stocks, go directly to Kim Schrier Stock Portfolio: 5 Stocks To Consider. Kim Schrier is a physician and politician born in California. She is presently a member of the […]
Aetna Better Health Selected to Continue Serving Louisiana Medicaid Program
CVS Health wants to be more than a place where you pick up your prescription while maybe buying a candy bar or a soda as you do it.
CVS Pharmacy Develops Innovative, Modern Line of Home Health Care Products
Aetna Better Health of Louisiana, a CVS Health company (NYSE: CVS), today announced that the Louisiana Department of Health intends to award the company a new statewide Medicaid contract through the Louisiana Medicaid Managed Care Program.
CVS Health to Present at the Barclays Global Healthcare Conference
CVS Pharmacy, the retail division of CVS Health (NYSE: CVS) today announced the launch of six new innovative home health care products as an extension of the company's exclusive CVS Health product line.
CVS Stock is a Good Hideout During Volatility
CVS Health (NYSE: CVS) today announced that Executive Vice President and Chief Financial Officer Shawn Guertin will participate in a fireside chat with investors at the Barclays Global Healthcare Conference on March 15, 2022, at approximately 8:00 am ET.
MinuteClinic Recognized for National "Age-Friendly Health Systems" Commitment
Recently raised guidance and a decent dividend offer investors a safe harbor for now, Real Money's Stephen 'Sarge' Guilfoyle says.
Breaking down the Price-Earnings ratio
CVS Health (NYSE: CVS) today announced that MinuteClinic®, the retail health clinic inside select CVS Pharmacy® and Target stores, has been recognized for achieving "Age-Friendly Health Systems-Committed to Care Excellence" in all of its 74 regions across the United States. MinuteClinic is the largest retail clinic network in the U.S.
Assumptions to watch out for
The P/E ratio is one of many ratios used in relative valuation. It compares a stock’s price per share to the stock’s earnings per share. A more intuitive way of understanding the P/E ratio is to think of it as how much investors are paying for each dollar of the company’s earnings.
What is CVS Health's dividend yield?
Before you jump to the conclusion that CVS is the perfect buying opportunity, it is important to realise that our conclusion rests on two assertions. Firstly, our peer group contains companies that are similar to CVS. If this isn’t the case, the difference in P/E could be due to other factors.
When was CVS Health's most recent dividend payment?
The current dividend yield for CVS Health (NYSE:CVS) is 2.15%. Learn more
Is CVS Health's dividend growing?
CVS Health's most recent quarterly dividend payment of $0.55 per share was made to shareholders on Tuesday, February 1, 2022.
When did CVS Health last increase or decrease its dividend?
Over the past three years, CVS Health's dividend has not grown. It has decreased by 0.00%.
About CVS Health
The most recent change in CVS Health's dividend was an increase of $0.05 on Friday, December 10, 2021.
CVS Health (NYSE:CVS) Frequently Asked Questions
CVS Health Corp. engages in the provision of healthcare services. It operates through the following segments: Pharmacy Services, Retail or Long-Term Care, Health Care Benefits, and Corporate/Other. The Pharmacy Services segment offers pharmacy benefit management solutions.