CVS Health Corp (CVS) saw an uptrend of 11829885% in the recent trading with $9990000.0 being its most recent. The current price level -8.19% lower than the highest price of $72.51 marked by the stock while trading over the past 52-weeks, whereas it is 52.82% higher than the lowest price of $43.56 the company dropped to over past 52-weeks. The latest news story on CVS appeared in (Investopedia) under the title “5 Things to Know Before the Stock Market Opens” on Today.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Strong Buy by 20 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 1.69 for the stock.
CVS Health Corp Earnings – What Happened With CVS
Coming around sales and income figures on CVS Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.
CVS Health Corp – Insider Activity and Holdings
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 1.27 billion. CVS does have institutional investors; and they hold 86.66% of the stock.
As on 2024-06-30, VANGUARD GROUP INC was the top most holder in CVS Health Corp (NYSE:CVS) with an ownership of 116.35 million shares of the company or 9.2635 of the stake worth $6.87 billion. The filing also reveals BLACKROCK INC. as the second largest holder in the company with a control over 7.9738 of the outstanding shares. Its stake is worth $5.91 billion for having 100.15 million shares in hand.
DODGE & COX also came holding a key position in the company during the recent quarter and it now holds 4.9111 of the outstanding shares. With this there are now 2299.0 institutions which have possession in CVS’s shares.
Key Metrics forCVS
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, CVS Health Corp has a debt to equity ratio of 1.06.
