CVS Health moved -0.41% this afternoon session, trading between a high of $77.62 and a low of $75.9 per share. Yesterday the stock finished at $77.0 per share, compared to an average analyst target price of $113.52.
CVS Health (previously CVS Corporation and CVS Caremark Corporation) is an American healthcare company that owns CVS Pharmacy, a retail pharmacy chain; CVS Caremark, a pharmacy benefits manager; Aetna, a health insurance provider, among many other brands. The large-cap healthcare plans company is based in the United States, and over the last twelve months it has returned a dividend yield of 3.14%. CVS Health has trailing twelve months earnings per share (EPS) of 3.121, which at today's prices amounts to a price to earnings (P/E) ratio of 24.6.
Based on its expected future earnings growth, the company has a price to earnings growth (PEG) ratio of 1.359. Usually a PEG ratio between zero and one indicates a potentially undervalued company.
Here's an overview of the company's gross margins in recent years:
| Date Reported | Revenue (k) | Cost of Revenue (k) | Gross Margin | YoY Growth |
|---|---|---|---|---|
| 2022-12-31 | $322,467,000 | $345,066,000 | -7.01% | -26.76% |
| 2021-12-31 | $292,111,000 | $308,255,000 | -5.53% | -45.91% |
| 2020-12-31 | $268,706,000 | $278,888,000 | -3.79% | 9.55% |
| 2019-12-31 | $256,776,000 | $267,544,000 | -4.19% | -155.79% |
| 2018-12-31 | $194,579,000 | $179,963,000 | 7.51% | n/a |
