CVS Health Corp (CVS) PE Ratio stood at $10.61: Odds are Looking Good After Recent Activity

MAXR

As on Wednesday, CVS Health Corp (NYSE: CVS) started slowly as it slid -0.62% to $68.60, before settling in for the price of $69.03 at the close. Taking a more long-term approach, CVS posted a 52-week range of $64.41-$83.25.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

The Healthcare Sector giants’ yearly sales growth during the last 5-year period was 13.36%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -5.17%. This publicly-traded company’s shares outstanding now amounts to $1.29 billion, simultaneously with a float of $1.26 billion. The organization now has a market capitalization sitting at $86.33 billion. At the time of writing, stock’s 50-day Moving Average stood at $75.39, while the 200-day Moving Average is $72.74.

CVS Health Corp (CVS) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Healthcare Plans industry. CVS Health Corp’s current insider ownership accounts for 0.19%, in contrast to 82.24% institutional ownership. According to the most recent insider trade that took place on Feb 16 ’24, this organization’s EVP and Pres-Pharm, Consumer W sold 29,473 shares at the rate of 76.95, making the entire transaction reach 2,267,947 in total value, affecting insider ownership by 39,765. Preceding that transaction, on Nov 03 ’23, Company’s Director bought 2,000 for 70.47, making the whole transaction’s value amount to 140,930. This particular insider is now the holder of 20,630 in total.

CVS Health Corp (CVS) Earnings and Revenue Records

CVS Health Corp’s EPS decrease for this current 12-month fiscal period is -5.17% and is forecasted to reach 9.17 in the upcoming year.

CVS Health Corp (NYSE: CVS) Trading Performance Indicators

Let’s observe the current performance indicators for CVS Health Corp (CVS). It’s Quick Ratio in the last reported quarter now stands at 0.63. The Stock has managed to achieve an average true range (ATR) of 1.78. Alongside those numbers, its PE Ratio stands at $10.61, and its Beta score is 0.55. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.24. Similarly, its price to free cash flow for trailing twelve months is now 8.30.

In the same vein, CVS’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 6.47, a figure that is expected to reach 1.71 in the next quarter, and analysts are predicting that it will be 9.17 at the market close of one year from today.

Technical Analysis of CVS Health Corp (CVS)

Through scrutinizing the latest numbers posted by the [CVS Health Corp, CVS], it can be observed that its last 5-days Average volume of 8.62 million was lower the volume of 10.91 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 9.48% While, its Average True Range was 1.81.

Raw Stochastic average of CVS Health Corp (CVS) in the period of the previous 100 days is set at 11.43%, which indicates a major rise in contrast to 5.00% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 32.87% that was higher than 24.66% volatility it exhibited in the past 100-days period.