CVS Health stock: buy or sell?

CVS stock price: $57.38 -0.10% At close on July 16th, 2019

Updated on:
July 16th, 2019

2

Shares of CVS Health ended today at $57.38 and stayed stable a tight -0.10%. With Tuesday it's been 3 red days in a row.

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?

You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best time to buy them. 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 doesn't mean CVS will fall in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is CVS Health stock a buy?

Banks and financial institutions post stock ratings everyday. At Stocks2.com, we gathered 15 ratings published for CVS stock in the last month.

Is CVS a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
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
2019-2-25ArgusBuyPositive
2019-2-21UBS GroupBuyBuy
2019-2-21SunTrust Banksn/aBuy
2019-2-21Loop CapitalIn-LineHold

CVS Health stock analysis

Daily outlook

Shares of CVS Health stayed steady a tight -0.10% and closed at $57.38.

Shares of CVS Health closed today at $57.38 and stayed stable a tight -0.10%. From a daily perspective, CVS is in a short term uptrend after plotting its last bottom ($54.65, on Wednesday) higher than the previous bottom, and its last top ($60.13, on Thursday) also over the previous top. Now trading in between its last bottom and last top CVS might consolidate in a plain range, waiting to break out over $60.13 or down under $54.65.

CVS stock chart (daily)

Weekly outlook

Shares of CVS Health stayed steady a bad -0.30% this 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 40-weeks moving average lines crossed down by mid December 2018, CVS fell $-13.28 per share (-18.79%). Trading stocks that are under the 40-weeks (that is, 200-days) moving average line is not recommended by many experts, as it indicates that the stock has not enough institutional support.

CVS stock chart (weekly)

CVS Health stock price history

CVS Health stock historical price chart

CVS stock reached 52-week highs on November at $80.75, and all-time highs 2015-07-29 with a price of 103.64.

CVS Health stock price target is $73.20

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. You should not follow the analysts' CVS stock price predictions in the hope that they will be met as they may be wrong and not met. We have 12 price predictions for CVS Health stock published in the last month:
CVS stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
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%
2019-2-25ArgusLowers Targetn/a$80.00-
2019-2-21UBS GroupLowers Target$75.00$74.00-1.3%
2019-2-21SunTrust BanksLowers Targetn/a$85.00-
2019-2-21Loop CapitalLowers Targetn/a$68.00-
(in average)$82.40$73.20-11.0%
Moving in a range from $85.00 and $65.00, the price prediction for CVS Health stock is $73.20. In average, analysts' outlook on CVS price target is negative, downsizing the target by a -11.00% 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 good gain for the Earnings per Share (EPS). Experts 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

In 2018, CVS Health annual turnover rose a fine 5.30% to $194,579.00 million dollars from $184,786.00 marked in 2017. When comparing 2018 vs 2017, nonetheless, 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 M in sales for 2018-Q4, a 16.16% improvement compared to previous quarter. Reported quarter earnings marked $-419.00 M with a profit margin of -0.76%. Profit margin depreciated a -3.70% compared to previous quarter when profit margin was 2.94%. When comparing turnover to same quarter last year, CVS Health sales marked an exceptional gain and rocketed a 13.48%. Looking back to recent quarterly results, CVS Health posted 3 positive 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 buy a company, it's worth to have a look 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:

CVSBIOSPETSWBA
Market cap$74.6 B$353.4 M$326.7 M$51.0 B
Total shares1,300.0 M128.0 M20.1 M914.3 M
Float shares1,300.0 M108.5 M17.6 M753.8 M
  - Institutional holdings (%)83.8%82.7%104.8%66.4%
  - Insider holdings (%)0.2%0.8%3.8%16.1%
Shares in short selling0.0%0.0%0.0%0.0%

CVS Health summary

Tuesday, July 16th, 2019
Open$57.37
Close$57.38
Day range$56.87 - $57.49
Previous close$57.44
Session gain-0.10%
Average true range$1.22
50d mov avg$54.35
100d mov avg$54.48
200d mov avg$62.46
Daily patternlt06a
Weekly pattern lt06a

CVS Health performance

To better understand CVS Health performance you must becnhmark its gains with other related stocks in same sector or industry. For CVS Health, the benchmark is made against BioScrip, PetMed Express and Walgreens Boots Alliance.
Stock3m6m12m
CVSCVS Health10.07%-10.91%-9.25%
BIOSBioScrip61.40%-25.20%-4.83%
PETSPetMed Express-26.22%-28.99%-57.87%
WBAWalgreens Boots A...3.03%-21.82%-11.83%

CVS Health competitors

One check before investing in any stock is to review a list of its competitors, in this case for CVS Health. We picked 3 companies as CVS Health competitors as they are in the same industry or have similar market objectives.

Latest CVS Health stock news