CVS Health stock: buy or sell?

CVS stock price: $64.30 1.05% At close on September 20th, 2019

Updated on:
September 20th, 2019

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Shares of CVS Health stepped up a beatiful 1.05% and closed at $64.30.

CVS Health Corporation, together with its subsidiaries, provides integrated pharmacy health care services. It operates through Pharmacy Services and Retail\u002FLTC segments.

Should I buy CVS Health stock?

Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Following a trading plan helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

Currently, CVS Health stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is CVS Health stock a buy?

Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness. At Stocks2.com, we collected 15 ratings published for CVS stock in the last 30 days.

The general sentiment of these ratings is bullish for CVS stock, with 9 positive ratings.
Is CVS a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-9-12Deutsche Bankn/aBuy
2019-9-12Bank of American/aBuy
2019-8-8Citigroupn/aBuy
2019-8-27Cowenn/aOutperform
2019-5-2UBS GroupBuySell
2019-5-2UBS GroupSellSell
2019-5-2Citigroupn/aBuy
2019-4-29Morgan StanleyOverweightOverweight
2019-4-29Credit Suisse GroupOutperformNeutral
2019-4-18Raymond JamesStrong-BuyStrong-Buy
2019-4-15OppenheimerOutperformMarket Perform
2019-4-10SunTrust Banksn/an/a
2019-4-10Bank of American/aBuy
2019-3-6Citigroupn/aBuy
2019-3-12Sanford C. Bernsteinn/aOutperform

CVS Health stock analysis

Daily outlook

Shares of CVS Health stepped up a beatiful 1.05% and closed at $64.30.

CVS Health shares stepped up 1.05% to $64.30 today. CVS shows a short term strength with several rising tops and rising bottoms. In the very short term, on Sep 18th it marked a new bottom at $62.74 that should act a support if CVS Health starts a trading flat base in the range of $62.74 - $65.25 If CVS Health breakouts over $65.25 with average or higher volume, this would be a signal that the uptrend resumes. Since last July when SMA50d and SMA100d crossed up, CVS price gained $8.30 per share (14.82%).

CVS stock chart (daily)

Weekly outlook

CVS Health ended this week at $64.30 and stayed constant a slightly good 0.37%. This week was the fourth green week in a row. Early August CVS rocketed an amazing 6.04% in just one week.

CVS Health stock is trading in the range of its last top and last bottom. Loosing would mean breaking the current uptrend. Breakdowns under last bottom are selling point signals for some trading strategies. Since price and SMA40w lines crossed up by mid August, CVS climbed $5.01 (8.45%).

CVS stock chart (weekly)

CVS Health stock price history

CVS Health stock historical price chart

CVS stock reached 52-week highs on November at $80.04, and all-time highs 2015-07-29 with a price of 102.72.

CVS Health stock price target is $73.80

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last 30 days we found 12 price predictions for CVS Health stock:
CVS stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-9-12Deutsche BankInitiatesn/a$91.00-
2019-9-12Bank of AmericaRaises Target$72.00$75.004.2%
2019-8-8CitigroupReiterates$68.00$72.005.9%
2019-8-27CowenReiterates$69.00$76.0010.1%
2019-5-2UBS GroupRaises Target$67.00$74.0010.4%
2019-5-2UBS GroupLowers Target$74.00$67.00-9.5%
2019-5-2CitigroupSet Price Targetn/a$74.00-
2019-4-29Morgan StanleyLowers Target$92.00$74.00-19.6%
2019-4-18Raymond JamesLowers Target$90.00$75.00-16.7%
2019-4-10SunTrust BanksLowers Target$85.00$65.00-23.5%
2019-4-10Bank of AmericaLowers Target$82.00$74.00-9.8%
2019-3-6CitigroupLowers Target$94.00$68.00-27.7%
(in average)$79.30$73.80-7.0%
The price target for CVS Health stock is $73.80, moving in a range between $91.00 and $65.00. In average, analysts' outlook on CVS price target is negative, downsizing the prediction by a -7.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

On February, CVS Health reported its latest financial data, posting a slightly fine gain for the Earnings per Share (EPS) ratio. Analyst expected $2.07 per share, but CVS Health posted $2.14.
CVS earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a1.07n/a
2017-Q32017-11-061.491.50.7%
2017-Q42018-02-081.881.922.1%
2018-Q12018-05-021.391.486.5%
2018-Q22018-08-081.611.695.0%
2018-Q32018-11-061.711.731.2%
2018-Q42019-02-202.072.143.4%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

Compared to 2017, last anual revenues report draw a beatiful gain of 5.30% to $194,579.00 M dollars. When comparing 2018 vs 2017, however, profit margin (that is, the net income divided by revenues) declined a -3.89% to -0.31%.

CVS annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$126,760 M-$4,600 M3.6%-
2014$139,367 M9.95%$4,644 M3.3%0.96%
2015$153,290 M9.99%$5,237 M3.4%12.77%
2016$177,526 M15.81%$5,317 M3.0%1.53%
2017$184,786 M4.09%$6,622 M3.6%24.54%
2018$194,579 M5.30%$-594.00 M-0.3%-108.97%

Quarterly financial results

CVS Health posted $54,909.00 million in sales for 2018-Q4, a 16.16% improvement compared to previous quarter. Reported quarter income marked $-419.00 million with a profit margin of -0.76%. Profit margin decreased a -3.70% compared to previous quarter when profit margin was 2.94%. When comparing sales to same quarter last year, CVS Health sales marked an extraordinary growth and climbed a 13.48%. Looking back to recent quarterly results, CVS Health posted 3 negative quarters in a row.
CVS quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$45,690 M-$1,090.00 M2.4%-
2017-Q3$46,181 M1.07%$1,285.00 M2.8%17.89%
2017-Q4$48,385 M4.77%$3,287.00 M6.8%155.80%
2018-Q1$45,693 M-5.56%$998.00 M2.2%-69.64%
2018-Q2$46,708 M2.22%$-2,563.00 M-5.5%-356.81%
2018-Q3$47,269 M1.20%$1,390.00 M2.9%-154.23%
2018-Q4$54,909 M16.16%$-419.00 M-0.8%-130.14%
2019-Q1$61,646 M12.27%$1,421.00 M2.3%-439.14%

CVS Health ownership

When you are planning to invest in a stock, it's always worth to check its ownership structure.

CVS Health shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.24% of all shares.

Bearish positions for CVS stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to CVS Health:

CVSPETSWBA
Market cap$83.6 B$342.5 M$49.7 B
Total shares1,300.0 M20.2 M903.1 M
Float shares1,300.0 M17.2 M753.6 M
  - Institutional holdings (%)83.8%104.8%66.4%
  - Insider holdings (%)0.2%3.8%16.1%
Shares in short selling0.0%0.0%0.0%

CVS Health summary

Friday, September 20th, 2019
Open$64.18
Close$64.30
Day range$64.01 - $64.69
Previous close$63.63
Session gain1.05%
Average true range$1.14
50d mov avg$59.38
100d mov avg$56.61
200d mov avg$58.40
Daily patternlb03a
Weekly pattern lt06a

CVS Health performance

To better understand CVS Health performance you must compare its gains with other related stocks in same sector or industry. We compared CVS Health against PetMed Express and Walgreens Boots Alliance in the following table:
Stock3m6m12m
CVSCVS Health20.93%16.89%-16.50%
PETSPetMed Express10.19%-15.61%-50.60%
WBAWalgreens Boots A...5.83%-10.32%-22.44%

CVS Health competitors

Choosing a list of competitors for CVS Health it's a hard job. We selected 2 public companies that are related to and can be considered as competitors of CVS Health:

Latest CVS Health stock news