+Compare
CVS
Stock ticker:
NYSE
AS OF
Loading...
Price
Loading...
Change
Loading...
Capitalization
86.72B

CVS Price Prediction, CVS HEALTH Corp AI Recommendations

Stock market charts, price targets, analyst ratings and a financial calendar

GET INTRADAY SIGNALS
Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
A.I.Advisor
a Summary for AAPL with price predictions
12:00 AM EDT May 26, 2023

CVS saw its Stochastic Oscillator leaves the overbought zone

The Stochastic Oscillator for CVS moved out of overbought territory on May 25, 2023. This could be a bearish sign for the stock and investors may want to consider selling or taking a defensive position. A.I.dvisor looked at 66 similar instances where the indicator exited the overbought zone. In of the 66 cases the stock moved lower. This puts the odds of a downward move at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on May 19, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on CVS as a result. In of 79 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where CVS declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for CVS entered a downward trend on May 26, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where CVS's RSI Indicator exited the oversold zone, of 24 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for CVS just turned positive on May 19, 2023. Looking at past instances where CVS's MACD turned positive, the stock continued to rise in of 45 cases over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CVS advanced for three days, in of 314 cases, the price rose further within the following month. The odds of a continued upward trend are .

CVS may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 66, placing this stock slightly better than average.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.215) is normal, around the industry mean (2.685). P/E Ratio (22.472) is within average values for comparable stocks, (18.467). Projected Growth (PEG Ratio) (1.333) is also within normal values, averaging (1.152). CVS has a moderately high Dividend Yield (0.034) as compared to the industry average of (0.017). P/S Ratio (0.269) is also within normal values, averaging (0.706).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. CVS’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating slightly better than average sales and a considerably profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

A.I. Advisor
published Earnings

CVS is expected to report earnings to $2.18 per share on August 09

CVS HEALTH Corp CVS Stock Earnings Reports
Q2'23
Est.
$2.18
Q1'23
Beat
by $0.10
Q4'22
Beat
by $0.07
Q3'22
Beat
by $0.09
Q2'22
Beat
by $0.22
The last earnings report on May 03 showed earnings per share of $2.20, beating the estimate of $2.10. With 6.40M shares outstanding, the current market capitalization sits at 86.72B.
A.I.Advisor
published Dividends

CVS paid dividends on May 01, 2023

CVS HEALTH Corp CVS Stock Dividends
А dividend of $0.61 per share was paid with a record date of May 01, 2023, and an ex-dividend date of April 20, 2023. Read more...
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Unitedhealth Group (NYSE:UNH), Elevance Health (NYSE:ELV), CVS HEALTH Corp (NYSE:CVS), Cigna Group (The) (NYSE:CI), Humana (NYSE:HUM), Centene Corp (NYSE:CNC).

Industry description

Managed healthcare industry focuses on providing health/medical and disability insurance plans, generally intended to reduce the cost of for-profit health care. The insurance products might be provided through employer-paid (fully or partly) insurance and benefit programs, or through Medicare/Medicaid. Some of the largest providers of managed health care include Aetna, Humana Inc., and Cigna, and UnitedHealthcare.

Market Cap

The average market capitalization across the Managed Health Care Industry is 51.79B. The market cap for tickers in the group ranges from 3.42M to 448.31B. UNH holds the highest valuation in this group at 448.31B. The lowest valued company is HRAA at 3.42M.

High and low price notable news

The average weekly price growth across all stocks in the Managed Health Care Industry was -4%. For the same Industry, the average monthly price growth was 2%, and the average quarterly price growth was 118%. MRAI experienced the highest price growth at 8%, while BHG experienced the biggest fall at -29%.

Volume

The average weekly volume growth across all stocks in the Managed Health Care Industry was 24%. For the same stocks of the Industry, the average monthly volume growth was -1% and the average quarterly volume growth was 181%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 37
P/E Growth Rating: 73
Price Growth Rating: 57
SMR Rating: 83
Profit Risk Rating: 66
Seasonality Score: -23 (-100 ... +100)
View a ticker or compare two or three
Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

an integrated pharmacy health care provider

Industry ManagedHealthCare

Profile
Fundamentals
Details
Industry
Drugstore Chains
Address
One CVS Drive
Phone
+1 401 765-1500
Employees
300000
Web
https://www.cvshealth.com
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
STOCK / NAMEPrice $Chg $Chg %
ICLK3.080.48
+18.46%
iClick Interactive Asia Group Limited
PEBO27.020.50
+1.89%
Peoples Bancorp
ARWR33.600.03
+0.09%
Arrowhead Pharmaceuticals
WMB28.75-0.33
-1.13%
Williams Companies
SOL3.40-0.04
-1.16%
Emeren Group Ltd

CVS and Stocks

Correlation & Price change

A.I.dvisor indicates that over the last year, CVS has been loosely correlated with CI. These tickers have moved in lockstep 61% of the time. This A.I.-generated data suggests there is some statistical probability that if CVS jumps, then CI could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To CVS
1D Price
Change %
CVS100%
-0.04%
CI - CVS
61%
Loosely correlated
-1.20%
ELV - CVS
59%
Loosely correlated
-0.93%
UNH - CVS
58%
Loosely correlated
+0.80%
CNC - CVS
49%
Loosely correlated
-1.12%
MOH - CVS
46%
Loosely correlated
-0.14%
More