CVS Health posts second-quarter profit on Aetna strength

10 Août, 2019, 17:39 | Auteur: Yves Courtet
  • CVS Health President and CEO Larry J. Merlo

Robert W. Baird maintained the stock with "Buy" rating in Monday, March 4 report. Strategic Blueprint LLC's holdings in CVS Health were worth $1,491,000 as of its most recent SEC filing. Abacus Planning Group Inc. increased its holdings in CVS Health by 23.1% in the fourth quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 43,953 shares of the pharmacy operator's stock worth $2,395,000 after purchasing an additional 1,900 shares in the last quarter. Trust Co. of Vermont increased its holdings in shares of CVS Health by 47.8% in the 2nd quarter. It worsened, as 120 investors sold CVS shares while 415 reduced holdings.

Several brokerages have recently weighed in on CVS. ValuEngine downgraded CVS Health from a "sell" rating to a "strong sell" rating in a report on Tuesday, July 2nd.

CVS Health's pharmacy services segment saw revenues increase 4.2% over the prior year, which it said was due to brand-name drug price inflation as well as increased total pharmacy claims volume, partially offset by continued price compression and an increased generic dispensing rate. Mizuho set a $71.00 price objective on CVS Health and gave the stock a "buy" rating in a report on Wednesday, June 5th.

CVS Health is on track for a much better year than the company thought when it provided full-year 2019 guidance in February. The company has an average rating of "Buy" and an average price target of $76.48. The company has a market capitalization of $77.02 billion, a price-to-earnings ratio of 8.37, a PEG ratio of 1.22 and a beta of 0.90. The company has a 50-day simple moving average of $55.41.

FILE PHOTO: A logo of CVS Health is displayed on a monitor above the floor of the New York Stock Exchange shortly after the opening bell in New York, U.S., December 5, 2017. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.64 and a current ratio of 0.95.

CVS Health (NYSE:CVS) last posted its earnings results on Wednesday, August 7th.

Corruption scandals in the Israeli Genesis Prize
The prosecutor José Grinda, however, insisted on his maintaining the ‘accused’ status. Mikhail Fridman has a legal case on his hands as well.

Why the Government of National Accord in Libya is illegitimate
The most famous paramilitary organization that is part of the National Security Service of GNA is the «RADA» group. He is one of the main opponents of the Muslim Brotherhood in the region and one of the most famous fighters against terrorism.

Police appeal for information about missing British YouTuber Marina Joyce
The Metropolitan Police Service has asked anyone with information to call 101 and quote reference number 19MIS031063. Marina Joyce is trending on Twitter again today, with more than 350,000 tweets about the 22-year-old's disappearance.

That translated to adjusted earnings per share of $1.89, which was 20 cents higher than the $1.69 reported a year prior and 17 cents above the high end of the company's guidance, according to a presentation released with the Q2 numbers. The company had revenue of $63.43 billion during the quarter, compared to analyst estimates of $62.66 billion. Johnson Counsel stated it has 0.52% in CVS Health Corporation (NYSE:CVS).

CVS' pharmacy filled 19% more prescriptions this quarter than in the same period a year ago.

CVS Health Corp. posted strong second-quarter earnings that easily beat Street estimates and raised its earnings forecast as it starts to reap the benefits of its acquisition of health insurer Aetna Inc.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 2nd. Investors of record on Thursday, July 25th were paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 3.49%. CVS Health's payout ratio is now 28.25%. The Pharmacy Services segment offers pharmacy benefit management solutions, such as plan design and administration, formulary management, Medicare Part D services, mail order, specialty pharmacy and infusion services, retail pharmacy network management services, prescription management systems, clinical services, disease management programs, and medical pharmacy management services.

A number of institutional investors and hedge funds have recently modified their holdings of CVS.


  • En Russie, une explosion sur une base militaire fait deux morts

    En Russie, une explosion sur une base militaire fait deux morts

    La mairie n'a toutefois pas précisé jusqu'à quel niveau était montée la radioactivité. Aucune contamination radioactive n'est à déplorer, selon l'armée russe.
    Mission Mangal New Trailer and Meet the Characters!

    Mission Mangal New Trailer and Meet the Characters!

    This time, the co-stars are playing ISRO scientists who were behind the success of the Mangalyaan mission. Sonakshi pushed Akki who was sitting on his chair and after losing the balance, he fell on his back.

    Comment devenir webmaster?

    Il est amené à rajouter des textes, des images, des vidéos. Il procède également à l’analyse du trafic.
  • Two dead in Russian test rocket explosion

    Two dead in Russian test rocket explosion

    The explosion was the second major incident to hit the military in Russian Federation this week. Reports placed it at a base near the town of Nyonoksa where the navy tests ballistic missiles.
    UK Announces Fast-Track Visa to Recruit Top Scientists

    UK Announces Fast-Track Visa to Recruit Top Scientists

    Opposition lawmakers plan to try to topple Johnson's Conservative government with a no-confidence vote when Parliament returns from its summer break in September.
    Leroy Merlin en Russie est au bord du scandale ?

    Leroy Merlin en Russie est au bord du scandale ?

    La part du réseau Leroy Merlin sur le marché russe de "l'équipement ménager" approche les 20%. Beaucoup d'entre eux se plaignent des manifestations de corruption et des violations de l'éthique des affaires.
  • F-22 fighter jets intercept two Russian Tu-95 Bear bombers

    F-22 fighter jets intercept two Russian Tu-95 Bear bombers

    The ADIZ is airspace that stretches 200 miles from the coastline and is monitored in the interest of national security. The NORAD Commander reassured the public that their "top priority is defending Canada and the United States".
    Second Explosion in Danish Capital Damages Police Station

    Second Explosion in Danish Capital Damages Police Station

    Denmark has some of the highest taxes in the world to underpin its generous welfare system. No one has been injured in the blast outside a police station in the suburb of Norrebro.
    Flight quartet in a scramble for Philippe Coutinho

    Flight quartet in a scramble for Philippe Coutinho

    Spurs are now being linked with Juventus talisman Paulo Dybala and an update on the same can be expected soon. That has seen Barca offer Coutinho out to clubs, including to United, Arsenal and Spurs.
  • How Real Madrid can sign Neymar ahead of Barcelona

    How Real Madrid can sign Neymar ahead of Barcelona

    Italian side Juventus have also been linked with Neymar and could offer Paulo Dybala and Gianluigi Buffon in a potential swap deal.
    La ville de Bâle pourrait annuler leur combat — Booba vs Kaaris

    La ville de Bâle pourrait annuler leur combat — Booba vs Kaaris

    Mais selon les informations de la Radio Télévision Suisse , les autorités pourraient bloquer l'organisation du combat. Le combat devrait avoir lieu dans une salle de 13 000 personnes, la St-Jakobtshalle à Bâle en Suisse.

    Votre voiture doit être dans un état impeccable

    En ce qui concerne la sécurité, le choix des pneus parfaitement adaptés est extrêmement. Mais tout d’abord, vous devez savoir où trouver les pièces compatibles avec votre voiture.


President Trump meets youngest survivor of El Paso shooting
One opponent accused the couple of using the two-month-old baby as a "prop", while the infant's uncle defended the U.S. president. In an effort to squash criticism over the photo, Mr Anchondo has told NPR "people are misconstruing President Trump's ideas".

Dwayne Johsonn thanks Pakistan for the ‘love’ for ‘Fast & Furious’
Attacked me for talking out.... "Breaking up the family clearly doesn't have the value that one would assume it does". Fast & Furious: Hobbs & Shaw has completed six days in theatres, and it is not having a great run so far.

China issues red alert for Typhoon Lekima
Taiwan's Central Emergency Operation Center reported at least one death and four injuries in the wake of the storm. Jiangsu has issued warnings to brace for strong winds, rainstorms and temperature drops since Friday.

Weekend of sunshine, warm temperatures
Calmer weather comes Tuesday through early next weekend, giving our highs time to warm into the mid/upper 80s by next weekend. Scattered showers are possible throughout the day, with afternoon and evening thunderstorms popping up here and there.

Linval Joseph among 9 Vikings who will not play vs. Saints
Defensive tackles Shamar Stephen and Linval Joseph, as well as offensive tackle Brian O'Neill, were among nine players who did not dress for the Vikings' opening preseason game on Friday against the Saints .

Chase Bank tells Canadian customers that it's canceling their debt
Not only that, but his most recent $300 payment was being returned to him. "I couldn't believe it". CBC spoke with some Canadians who said they received a letter from Chase this week.

Flight attendant was allegedly intoxicated on flight from Chicago to South Bend
He said once they were in the air, a female passenger noticed March wasn't buckled in with a seatbelt, so she helped strap her in. United Airlines apparently didn't get the memo because the woman was sacked and subsequently charged with endangering passengers.

Anne Hathaway debuts baby bump on Broadway
Anne Hathaway Announces Pregnancy With Second Child by Sharing a Picture of Her Baby Bump, Reveals Going Through Fertility Struggle .

Fils de légende de la Formule 1 a dépassé son père
Nul doute qu’elle offrira à Mika la meilleure option pour poursuivre sa carrière dans le sport automobile. Et il n'est pas Andrei Arshavin, pour répondre à la question sur les attentes facilement et naturellement.

Les NTIC : avantages et inconvénients
En effet, avoir mille et une tâches à accomplir à la fois, ça peut avoir des effets négatifs. En effet, les travailleurs effectuent les tâches beaucoup plus rapidement tout en conservant leur qualité de vie.