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CVS Health Corp CVS Stock Quote

| Rating as of

NYSE: CVS

Last close prices updated as of May 31, 2023, 11:49 AM EST | USD | BATS BZX Real-Time Price
  • Last Close 67.15
  • Sector Healthcare
  • Industry Healthcare Plans
  • Investment Style Large Value
  • Day Range 66.34  –  67.52
  • Year Range 66.34  –  107.26
  • Market Cap 86.4582 Bil
  • Volume / Avg 2.4 Mil /  8.5 Mil
  • Price / Sales 0.27
  • Price / Book 1.21
  • Forward Div Yield 3.60%
  • Trailing Div Yield 3.42%

Morningstar‘s Stock Analysis CVS

Valuation
Currency in
Is it the right time to buy or sell?
Is it the right time to buy or sell?

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

CVS Earnings: Solid Results Overshadowed by Reduced 2023 Outlook on Quick Oak Street Close

Julie Utterback Senior Equity Analyst

Analyst Note

| Julie Utterback |

Narrow-moat CVS Health delivered slightly-better-than-anticipated first-quarter results, but as we highlighted as likely in a late March note, the firm pushed down its guidance for 2023 earnings after closing the loss-generating Oak Street acquisition earlier than expected. Considering the better-than-expected first-quarter results, though, the firm's new 2023 outlook is slightly higher than what we started modeling in late March after the initial Oak Street announcement, and our $113 fair value estimate remains intact. Shares appear significantly undervalued to us.

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Key Statistics CVS

Company Profile CVS

Business Description

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 U.S. CVS is also the largest pharmacy benefit manager (acquired through Caremark), processing over 2 billion adjusted claims annually. It also operates a top-tier health insurer (acquired through Aetna) where it serves about 24 million medical members. The company's pending acquisition of Oak Street will add primary care to the mix, which could have significant synergies with all its existing business lines.

Contact
One CVS Drive
Woonsocket, RI, 02895
Industry Healthcare Plans
Employees 300,000

Related Articles CVS

Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of CVS’s competitive advantage.

CVS Health Corp

XNYS: CVS

The Cigna Group

XNYS: CI

Humana Inc

XNYS: HUM

UnitedHealth Group Inc

XNYS: UNH
Price
67.42245.49500.61481.91
Currency
USDUSDUSDUSD
Change
+$0.27 (0.40%) +$2.85 (1.17%) +$5.51 (1.11%) +$2.06 (0.43%)
Market Cap
86.46 Bil72.67 Bil62.54 Bil448.41 Bil
Industry
Healthcare Plans Healthcare Plans Healthcare Plans Healthcare Plans
Sector
Healthcare
Healthcare
Healthcare
Healthcare

* Trading data in this section is delayed by at least 15 minutes.

FAQs for CVS Health Corp Stock

Yes. CVS has a forward dividend yield of 3.60%. See CVS’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

CVS’s market cap is 86.46 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

CVS’s stock style is Large Value.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

CVS’s price/sales is 0.27.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

CVS’s price/forward earnings is 22.24.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

CVS’s price/book is 1.20.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See CVS’s valuation ratios compared to the Market Index.

CVS’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare CVS’s historical performance against its industry peers and the overall market.