CVS Health Corp (NYSE: CVS) kicked off on Monday, down -5.61% from the previous trading day, before settling in for the closing price of $49.37. Over the past 52 weeks, CVS has traded in a range of $48.01-$83.25.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 13.36%. While this was happening, its average annual earnings per share was recorded -39.16%. With a float of $1.26 billion, this company’s outstanding shares have now reached $1.26 billion.
Considering the fact that the conglomerate employs 300000 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 14.2%, operating margin of 2.58%, and the pretax margin is 1.82%.
CVS Health Corp (CVS) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Healthcare Plans Industry. The insider ownership of CVS Health Corp is 0.20%, while institutional ownership is 82.23%. The most recent insider transaction that took place on May 02 ’24, was worth 53,879. In this transaction Director of this company bought 1,000 shares at a rate of $53.88, taking the stock ownership to the 21,630 shares. Before that another transaction happened on May 02 ’24, when Company’s Director bought 9,181 for $54.49, making the entire transaction worth $500,294. This insider now owns 9,356 shares in total.
CVS Health Corp (CVS) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.33 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -39.16% per share during the next fiscal year.
CVS Health Corp (NYSE: CVS) Trading Performance Indicators
Take a look at CVS Health Corp’s (CVS) current performance indicators. Last quarter, stock had a quick ratio of 0.59. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.16. Likewise, its price to free cash flow for the trailing twelve months is 34.76.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.94, a number that is poised to hit 1.02 in the next quarter and is forecasted to reach 6.22 in one year’s time.
Technical Analysis of CVS Health Corp (CVS)
Compared to the last year’s volume of 11.42 million, its volume of 18.31 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 4.68%. Additionally, its Average True Range was 1.98.
During the past 100 days, CVS Health Corp’s (CVS) raw stochastic average was set at 1.03%, which indicates a significant decrease from 1.56% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.71% in the past 14 days, which was lower than the 39.66% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $57.90, while its 200-day Moving Average is $61.41. Nevertheless, the first resistance level for the watch stands at $48.35 in the near term. At $50.11, the stock is likely to face the second major resistance level. The third major resistance level sits at $51.09. If the price goes on to break the first support level at $45.61, it is likely to go to the next support level at $44.63. Now, if the price goes above the second support level, the third support stands at $42.87.
CVS Health Corp (NYSE: CVS) Key Stats
The company with the Market Capitalisation of 58.64 billion has total of 1,258,408K Shares Outstanding. Its annual sales at the moment are 357,776 M in contrast with the sum of 8,344 M annual income. Company’s last quarter sales were recorded 95,428 M and last quarter income was 87,000 K.
