CVS Health Stock Target Price and Analyst Consensus

CVS Stock  USD 69.75  1.03  1.50%   
The current analyst and expert consensus on CVS Health is Strong Buy with 6 buy recommendations. The current projected CVS Health target price consensus is 90.16, with 27 analyst opinions. The most common way CVS Health Corp analysts use to provide public buy-or-sell recommendation is financial statements analysis. They also talk to CVS Health executives, vendors, and/or customers. CVS Health buy-or-sell recommendation module provides average expert sentiment on the projected CVS Health Corp target price to derive its highest and lowest estimates based on target price estimated volatility of 0.0. Check out Macroaxis Advice on CVS Health to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast
82.05
Highest Forecast
100.08
Target Price
90.16
At this time, CVS Health's Pretax Profit Margin is comparatively stable compared to the past year. Operating Profit Margin is likely to gain to 0.06 in 2024, despite the fact that Gross Profit is likely to grow to (193.2 B). At this time, CVS Health's Non Current Assets Total are comparatively stable compared to the past year. Non Currrent Assets Other is likely to gain to about 3.8 B in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 984.2 M in 2024.
  
It's important to approach CVS Health's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize CVS Health price targets

CVS Health's stock target price is an estimate of its future price, usually made by analysts. Using CVS Health's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at CVS Health's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if CVS Health's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional CVS Health Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of CVS Health is a key component of CVS Health valuation and have some predictive power on the future returns of a CVS Health.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of CVS Health's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
67.9769.4470.91
Details
Intrinsic
Valuation
LowRealHigh
62.4580.9882.45
Details
Earnings
Estimates (0)
LowProjected EPSHigh
1.631.712.02
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as CVS Health. Your research has to be compared to or analyzed against CVS Health's peers to derive any actionable benefits. When done correctly, CVS Health's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in CVS Health Corp.

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When determining whether CVS Health Corp is a strong investment it is important to analyze CVS Health's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CVS Health's future performance. For an informed investment choice regarding CVS Stock, refer to the following important reports:
Check out Macroaxis Advice on CVS Health to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

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When running CVS Health's price analysis, check to measure CVS Health's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CVS Health is operating at the current time. Most of CVS Health's value examination focuses on studying past and present price action to predict the probability of CVS Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CVS Health's price. Additionally, you may evaluate how the addition of CVS Health to your portfolios can decrease your overall portfolio volatility.
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The data published in CVS Health's official financial statements usually reflect CVS Health's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of CVS Health Corp. For example, before you start analyzing numbers published by CVS accountants, it's critical to develop an understanding of what CVS Health's liquidity, profitability, and earnings quality are in the context of the Health Care Providers & Services space in which it operates.
Please note, the presentation of CVS Health's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, CVS Health's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in CVS Health's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of CVS Health Corp. Please utilize our Beneish M Score to check the likelihood of CVS Health's management manipulating its earnings.