Stocks Reaffirm To Gain Attentions: CVS Health Corporation (NYSE:CVS)
- Author: Joanne Flowers Mar 24, 2017,
Mar 24, 2017, 3:39
Yamana Gold, Inc. (NYSE:AUY) shares declined -2.12% and ended the day at $2.77. Integrated Wealth Management now owns 1,348 shares of the pharmacy operator's stock worth $120,000 after buying an additional 49 shares during the period. Burke & Herbert Bank & Trust Co. boosted its stake in CVS Health Corp by 0.3% in the third quarter.
The number of shares outstanding is 1025.7, and the number of shares float is 1022.96. Gemmer Asset Management LLC now owns 1,409 shares of the pharmacy operator's stock worth $125,000 after buying an additional 100 shares during the period. While it's Return on Investment (ROI) value is 9.9%. Finally, Asset Management One Co. Following the completion of the transaction, the chief financial officer now owns 250,335 shares of the company's stock, valued at $20,197,027.80.
According to Finviz Stock Screener, CVS Health Corporation (CVS) traded with the volume of 5.07 Million in the previous trading session. The price volatility's Average True Range for 14 days was 1.05. Typically, they estimate what the company's earnings and cash flow will be for the next couple of years, and then apply a ratio - such as a price-to-earnings ratio - to those estimates to determine what the future stock price should theoretically be.
The 52 week high is -25.31%, with 13.90% being its 52 week low. The pharmacy operator reported $1.71 EPS for the quarter, topping the consensus estimate of $1.67 by $0.04. According to these analysts, the Low Revenue Estimate for CVS Health Corporation is 43.93 Billion and the High Revenue Estimate is 45.4 Billion. CVS Health Corp had a return on equity of 17.55% and a net margin of 3.00%. However, the company's most recent quarter decrease of -0.7% looks unattractive. The firm owned 1,305,168 shares of the pharmacy operator's stock after selling 91,651 shares during the period.
The ability for CVS Health Corporation, to deal with debt, means it current ratio is 1.2, and quick ratio is 0.6. Investors of record on Friday, April 21st will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.55%. The ex-dividend date is Wednesday, April 19th. CVS Health Corp's dividend payout ratio is presently 40.65%.
WARNING: This story was first posted by [[site]] and is the sole property of of [[site]]. If you are accessing this report on another publication, it was copied illegally and republished in violation of United States and worldwide copyright and trademark legislation. The correct version of this story can be viewed at [[permalink]]. On these bases, analysts would recommend this stock as an "Active Spinning Stocks". Leerink Swann set a $90.00 price target on shares of CVS Health Corp and gave the company a "buy" rating in a research report on Saturday, February 11th. Analysts have a mean recommendation of 2.00 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). MD now owns 14,400,092 shares of the pharmacy operator's stock worth $1,281,464,000 after buying an additional 4,699,619 shares during the last quarter. Analysts mean target price for Aon plc (NYSE:AON) is $122.83 while their mean recommendation is 2.50 (1=Buy, 5=sell). By reviewing stock prices from the stock market history of the company and examining its analysts ratings can give an investment picture with updated information of stock which helps investors to make investing decision. The shares were sold at an average price of $79.60, for a total transaction of $479,908.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The disclosure for this sale can be found here. The volume of the company in the last trading session was 19.67 Million.
At present, CVS Health Corporation has a PE ratio of 15.92 with a forward P/E of 12.29 *. The Company provides pharmacy care for the senior community through Omnicare, Inc (Omnicare) and Omnicare's long-term care (LTC) operations, which include distribution of pharmaceuticals, related pharmacy consulting and other ancillary services to chronic care facilities and other care settings.