CVS stock icon

CVS Health
CVS

$58.41
0.07%

Market Cap: $73.5B

 

About: CVS Health offers a diverse set of healthcare services. Its roots are in its retail pharmacy operations, where it operates over 9,000 stores primarily in the us. CVS is also a large pharmacy benefit manager (acquired through Caremark), processing about 2 billion adjusted claims annually. It also operates a top-tier health insurer (acquired through Aetna) where it serves about 26 million medical members. The company's recent acquisition of Oak Street adds primary care services to the mix, which could have significant synergies with all its existing business lines.

Employees: 300,000

0
Funds holding %
of 6,710 funds
0
Analysts bullish %
of 10 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

29% more call options, than puts

Call options by funds: $1.63B | Put options by funds: $1.26B

0.68% more ownership

Funds ownership: 80.93% [Q1] → 81.61% (+0.68%) [Q2]

12% less funds holding

Funds holding: 2,120 [Q1] → 1,857 (-263) [Q2]

25% less capital invested

Capital invested by funds: $81.1B [Q1] → $60.6B (-$20.5B) [Q2]

35% less funds holding in top 10

Funds holding in top 10: 40 [Q1] → 26 (-14) [Q2]

46% less repeat investments, than reductions

Existing positions increased: 550 | Existing positions reduced: 1,021

67% less first-time investments, than exits

New positions opened: 129 | Existing positions closed: 392

Research analyst outlook

10 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$58
1%
downside
Avg. target
$62
7%
upside
High target
$68
16%
upside

10 analyst ratings

positive
20%
neutral
80%
negative
0%
Cantor Fitzgerald
Sarah James
75% 1-year accuracy
86 / 115 met price target
6%upside
$62
Neutral
Reiterated
16 Sept 2024
Cantor Fitzgerald
Sarah James
75% 1-year accuracy
86 / 115 met price target
6%upside
$62
Neutral
Reiterated
10 Sept 2024
RBC Capital
Ben Hendrix
76% 1-year accuracy
41 / 54 met price target
16%upside
$68
Outperform
Reiterated
4 Sept 2024
Cantor Fitzgerald
Sarah James
75% 1-year accuracy
86 / 115 met price target
6%upside
$62
Neutral
Reiterated
19 Aug 2024
Wells Fargo
Stephen Baxter
77% 1-year accuracy
23 / 30 met price target
4%upside
$61
Equal-Weight
Maintained
12 Aug 2024

Financial journalist opinion

Based on 232 articles about CVS published over the past 30 days