Stock Insights: CVS Health Corporation (NYSE:CVS)

Investors are watching shares of CVS Health Corporation (NYSE:CVS) today as the stock opened the current trading session at 92.55 and at the time of writing the last Bid was at 91.81. In the current trading session the stock reached as high as 92.87 and dipped down to 91.47. CVS Health Corporation Common S, a NYQ listed company, has a current market cap of 101.91B and on average over the past 3 months has seen 5588670 shares trade hands on a daily basis.

There are a number of brokerage firms which offer projections on earnings and future stock movement of the stock. On a consensus basis, Wall Street analysts have a short term price of 117.00 on the equity. The company’s trailing twelve month EPS is 4.43. The consensus analyst estimates according to First Call for the next quarter is 1.27. The current year EPS estimate on the stock is 5.17 and the EPS estimate for next year sits at 5.83.

On a technical level the stock has a 50 Day Moving Average of 100.23. Based on a recent trade, this puts the equity at -8.40% away from that average. In comparing the stock’s current level to its extended history, the stock is trading -19.22% away from its 52-week high of 113.65 and +12.83% away from the stock’s low point over the past 52 weeks, which was 81.37.

The price to earnings ratio, or the valuation ratio of a company’s current share price compared to its per-share earnings sits at 20.72. This is an important indicator as a higher ratio typically suggests that investors are expecting higher future earnings growth compared to companies in the same industry with lower price to earnings ratios. When calculating in the EPS estimates for the current year from sell-side analysts, the Price to current year EPS stands at 17.76. Investors looking further ahead, will note that the Price to next year’s EPS is 15.75.

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