CVS - CVS Health Corporation

NYSE - NYSE Delayed price. Currency in USD
63.86
+0.92 (+1.46%)
At close: 4:00PM EDT

64.08 +0.22 (0.34%)
After hours: 7:08PM EDT

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Previous close62.94
Open63.45
Bid63.78 x 1000
Ask64.08 x 1000
Day's range63.02 - 64.17
52-week range52.04 - 77.03
Volume5,953,711
Avg. volume7,468,441
Market cap83.471B
Beta (5Y monthly)0.74
PE ratio (TTM)11.57
EPS (TTM)5.52
Earnings date05 Aug 2020
Forward dividend & yield2.00 (3.18%)
Ex-dividend date22 Jul 2020
1y target est78.78
  • GlobeNewswire

    Douglas Dynamics Reports Second Quarter 2020 Results

    Completed Successful Restart of all 20 facilities in May; Refinanced Credit Facility in June Second Quarter Highlights: * Produced Net Sales of $120.0 million * Results include one-time, non-cash goodwill impairment charge of $127.9 million * Recorded GAAP Loss per Share of $(4.55) * Reported Adjusted EPS of $0.33 * Refinanced $375 Million credit facility to enhance liquidity and reinforce capital structure * Paid $0.28 per share cash dividend on June 30, 2020; Board remains fully committed to paying dividend in 2020 and beyondMILWAUKEE, Aug. 03, 2020 (GLOBE NEWSWIRE) -- Douglas Dynamics, Inc. (NYSE: PLOW), North America’s premier manufacturer and upfitter of work truck attachments and equipment, today announced financial results for the second quarter ended June 30, 2020.“Through the tremendous efforts of everyone at our company, we successfully executed our restart in May after effectively being shut down for half of the second quarter and are operating at normal capacity today. Our team dedicated countless hours to creating a safe return to work environment for our employees and we were very pleased that approximately 99% of our furloughed employees rejoined the company in May,” explained Bob McCormick, President and CEO. “As anticipated, our second quarter financial performance was impacted by three main issues, lower pre-season orders in our Attachments segment following two consecutive years of below average snowfall in key markets, ongoing chassis supply issues in our Solutions segment, and the impact of the pandemic, including the shutdown. It is important to remember that our organization is primed to continually adapt to changing external conditions, and we remain confident in our ability to maximize our performance focusing on the factors within our control.”Consolidated Second Quarter 2020 Results $ in millions (except Margins & EPS)Q2 2020Q2 2019 Net Sales$120.0 $176.4  Gross Profit Margin 26.7% 33.8%     Income (Loss) from Operations$(112.4)$38.1  Net Income (Loss)$(103.9)$25.5  Diluted EPS$(4.55)$1.10      Adjusted EBITDA$20.3 $44.1  Adjusted EBITDA Margin 16.9% 25.0% Adjusted Net Income$7.6 $26.5  Adjusted Diluted EPS$0.33 $1.14          * Consolidated Net Sales were lower compared to the prior year, due to the combination of lower pre-season period sales following the second consecutive winter of below average snowfall in key markets, the impact of the pandemic on demand and supply dynamics, and chassis supply constraints. * GAAP Net Loss of $(103.9) million and EPS of $(4.55) includes a one-time, non-cash goodwill impairment charge of $127.9 million, relating to the Municipal and Dejana reporting units of our Solutions segment. * After shutting down all of its facilities on March 18, the Company initially re-opened some of its facilities in mid-April and successfully re-opened all 20 of its facilities by the end of May. * Included in the quarter were debt modification expenses of $3.2 million, and favorable SG&A impact driven by a $2.0 million earnout reversal, plus an overall decrease in discretionary spending. * The effective tax rate (benefit) was (14.4%) which is lower than 24.6% last year due to the impairment of nondeductible goodwill related to the Municipal reporting unit.Work Truck Attachments Segment Second Quarter 2020 Results$ in millions (except Adjusted EBITDA Margin)Q2 2020Q2 2019 Net Sales$73.8 $112.2  Adjusted EBITDA$20.4 $38.5  Adjusted EBITDA Margin 27.7% 34.3%                 * Net Sales decreased 34% compared to the prior year due to lower pre-season sales, which were impacted by two consecutive winters of below average snowfall in key markets, particularly the North East. * Adjusted EBITDA was impacted by lower volumes based on snowfall trends, plus the shutdown in March and April. * The preseason order period started two weeks later in 2020 due to the pandemic-related shutdown, and an approximately 55/45 split between second quarter and third quarter pre-season orders is anticipated. * As previously discussed, the pre-season is expected to account for a lower portion of the segment’s sales compared to the average year, with an increased focus on the fourth quarter.Work Truck Solutions Segment Second Quarter 2020 Results$ in millions (except Adjusted EBITDA Margin)Q2 2020Q2 2019 Net Sales$46.2 $64.1  Adjusted EBITDA$(0.1)$5.6  Adjusted EBITDA Margin -0.3% 8.8%         * Net Sales decreased compared to the prior year, as the segment continues to be impacted by the COVID-19 pandemic, including the related shutdown of the Company’s facilities, customer shutdowns, and supply chain constraints, including chassis for Class 4-6 trucks. * Adjusted EBITDA was impacted primarily by the shutdown and reduced economic activity in core markets on the East coast, plus supply chain issues, partially offset by reduced discretionary spending. * Despite near-term challenges, demand for municipal snow and ice control products and upfit remains strong, plus work truck upfits for corporate fleet orders began to rebound in June.Dividend, Balance Sheet & Liquidity * A quarterly cash dividend of $0.28 per share of the Company's common stock was declared on June 4, 2020, and paid on June 30, 2020, to stockholders of record as of the close of business on June 19, 2020. * Net Cash Used in Operating Activities for the first six months of 2020 increased to $6.0 million from $0.3 million used during the first six months of 2019, due to less favorable operating results, partially offset by favorable working capital changes, namely a decrease in accounts receivable. * Free Cash Flow for the first six months of 2020 decreased to $(11.1) million from $(5.8) million for the first six months of 2019 due to the same items noted above. * Successfully refinanced $375 million of new credit facilities, consisting of a $275 million 6-year Senior Secured Term Loan B Facility due June 2026 and a $100 million 3-year Senior Secured ABL Revolving Credit Facility due June 2023. * As of June 30, 2020, Douglas Dynamics maintained $126.8 million of total liquidity, comprised of $34.9 million in cash and cash equivalents and borrowing availability of $91.9 million under its revolving credit facility.“We successfully refinanced our senior credit facilities during the quarter, which reinforces our robust financial position and provides us with the liquidity and flexibility to execute our growth plans,” noted Sarah Lauber, Chief Financial Officer. “In addition, despite the challenges presented so far this year, our Board remains fully committed to paying our dividend for the remainder of 2020 and beyond.”OutlookMcCormick noted, “Significant uncertainty still exists across the country and the economic landscape, limiting our visibility and ability to forecast accurately. The exact operational and economic impact of the COVID-19 pandemic coupled with supply chain disruption is still unclear. However, we have weathered many economic storms over the years, and while this situation is unique, we believe that we are well equipped to manage through effectively and emerge stronger as conditions improve.”The Company is providing additional outlook commentary: * Free Cash Flow is expected to exceed the amount necessary to fund the dividend for 2020. * In the Attachments segment, the preseason order period started two weeks later, but the operational restart was executed effectively allowing more products than expected to be shipped during the second quarter, creating an anticipated 55-45 split for the pre-season across the second and third quarters, respectively. * As previously discussed, the pre-season is expected to account for a lower portion of the segment’s sales compared to the average year, with an increased focus on the fourth quarter.Earnings Conference Call Information * A conference call will occur on Tuesday, August 4, 2020 at 10:00 a.m. Eastern Time (9:00 a.m. Central Time).  To join the conference call, please dial (877) 369-6591 domestically, or (253) 237-1176 internationally. * The call will also be available via the Investor Relations section of the website at www.douglasdynamics.com. For those who cannot listen to the live broadcast, replays will be available for one week following the call.About Douglas DynamicsHome to the most trusted brands in the industry, Douglas Dynamics is North America’s premier manufacturer and up-fitter of commercial work truck attachments and equipment. For more than 70 years, the Company has been innovating products that not only enable people to perform their jobs more efficiently and effectively, but also enable businesses to increase profitability. Through its proprietary Douglas Dynamics Management System (DDMS), the Company is committed to continuous improvement aimed at consistently producing the highest quality products, at industry-leading levels of service and delivery that ultimately drive shareholder value. The Douglas Dynamics portfolio of products and services is separated into two segments:  First, the Work Truck Attachments segment, which includes commercial snow and ice control equipment sold under the FISHER®, SNOWEX® and WESTERN® brands. Second, the Work Truck Solutions segment, which includes the up-fit of market leading attachments and storage solutions under the HENDERSON® brand, and the DEJANA® brand and its related sub-brands.Use of Non-GAAP Financial Measures This press release contains financial information calculated other than in accordance with U.S. Generally Accepted Accounting Principles (“GAAP”).  The non-GAAP measures used in this press release are Adjusted EBITDA, Adjusted Net Income (Loss) and Adjusted Earnings (Loss) Per Share, and Free Cash Flow.  The Company believes that these non-GAAP measures are useful to investors and other external users of its consolidated financial statements in evaluating the Company’s operating performance as compared to that of other companies.  Reconciliations of these non-GAAP measures to the nearest comparable GAAP measures can be found immediately following the Consolidated Statements of Cash Flows included in this press release.Adjusted EBITDA represents net income (loss) before interest, taxes, depreciation, and amortization, as further adjusted for certain charges consisting of unrelated legal and consulting fees, pension termination costs, stock-based compensation, certain purchase accounting expenses, impairment charges, expenses related to debt modifications, and incremental costs incurred related to the COVID-19 pandemic. Such COVID-19 related costs include increased expenses directly related to the pandemic, and do not include either production related overhead inefficiencies or lost or deferred sales. We believe these costs are out of the ordinary, unrelated to our business and not representative of our results.  The Company uses Adjusted EBITDA in evaluating the Company’s operating performance because it provides the Company and its investors with additional tools to compare its operating performance on a consistent basis by removing the impact of certain items that management believes do not directly reflect the Company’s core operations. The Company’s management also uses Adjusted EBITDA for planning purposes, including the preparation of its annual operating budget and financial projections, and to evaluate the Company’s ability to make certain payments, including dividends, in compliance with its senior credit facilities, which is determined based on a calculation of “Consolidated Adjusted EBITDA” that is substantially similar to Adjusted EBITDA.Adjusted Net Income (Loss) and Adjusted Earnings (Loss) Per Share (calculated on a diluted basis) represents net income (loss) and earnings (loss) per share (as defined by GAAP), excluding the impact of stock based compensation, pension termination costs, non-cash purchase accounting adjustments, impairment charges, expenses related to debt modifications, certain charges related to unrelated legal fees and consulting fees, incremental costs incurred related to the COVID-19 pandemic, adjustments on derivatives not classified as hedges, net of their income tax impact.  Such COVID-19 related costs include increased expenses directly related to the pandemic, and do not include either production related overhead inefficiencies or lost or deferred sales. We believe these costs are out of the ordinary, unrelated to our business and not representative of our results. Adjustments on derivatives not classified as hedges are non-cash and are related to overall financial market conditions; therefore, management believes such costs are unrelated to our business and are not representative of our results.  Management believes that Adjusted Net Income (Loss) and Adjusted Earnings (Loss) Per Share are useful in assessing the Company’s financial performance by eliminating expenses and income that are not reflective of the underlying business performance.Free Cash Flow is a non-GAAP financial measure that we define as net cash provided by (used in) operating activities less capital expenditures.  Free Cash Flow should be evaluated in addition to, and not considered a substitute for, other financial measures such as Net Income (Loss) and Net Cash Used in Operating Activities.  We believe that free cash flow represents our ability to generate additional cash flow from our business operations.Forward Looking Statements This press release contains certain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. These statements include information relating to future events, future financial performance, strategies, expectations, competitive environment, regulation, product demand, the payment of dividends, and availability of financial resources.  These statements are often identified by use of words such as "anticipate," "believe," "intend," "estimate," "expect," "continue," "should," "could," "may," "plan," "project," "predict," "will" and similar expressions and include references to assumptions and relate to our future prospects, developments, and business strategies.  Such statements involve known and unknown risks, uncertainties and other factors that could cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by these forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, weather conditions, particularly lack of or reduced levels of snowfall and the timing of such snowfall, our inability to maintain good relationships with our distributors, our inability to maintain good relationships with the original equipment manufacturers with whom we currently do significant business, lack of available or favorable financing options for our end-users, distributors or customers,  increases in the price of steel or other materials, including as a result of tariffs, necessary for the production of our products that cannot be passed on to our distributors, increases in the price of fuel or freight, a significant decline in economic conditions, the inability of our suppliers and original equipment manufacturer partners to meet our volume or quality requirements, inaccuracies in our estimates of future demand for our products, our inability to protect or continue to build our intellectual property portfolio, the effects of laws and regulations and their interpretations on our business and financial condition, our inability to develop new products or improve upon existing products in response to end-user needs, losses due to lawsuits arising out of personal injuries associated with our products, factors that could impact the future declaration and payment of dividends, our inability to compete effectively against competition, our inability to achieve the projected financial performance with the assets of Dejana Truck & Utility Equipment Company, Inc., which we acquired in 2016, and unexpected costs or liabilities related to such acquisitions, as well as those discussed in the section entitled “Risk Factors” in our annual report on Form 10-K for the year ended December 31, 2019. You should not place undue reliance on these forward-looking statements.  In addition, the forward-looking statements in this release speak only as of the date hereof and we undertake no obligation, except as required by law, to update or release any revisions to any forward-looking statement, even if new information becomes available in the future.Financial StatementsDouglas Dynamics, Inc. Consolidated Balance Sheets (In thousands)          June 30,December 31,  20202019  (unaudited)(unaudited)     Assets   Current assets:   Cash and cash equivalents$34,932$35,665 Accounts receivable, net 76,827 87,871 Inventories 99,780 77,942 Inventories - truck chassis floor plan 6,663 6,539 Refundable income taxes paid 103 - Prepaid and other current assets 4,714 3,511 Total current assets 223,019 211,528     Property, plant, and equipment, net 59,114 58,444 Goodwill 113,134 241,006 Other intangible assets, net 158,245 163,722 Operating lease - right of use asset 22,460 22,557 Other long-term assets 8,915 8,438 Total assets$584,887$705,695     Liabilities and stockholders' equity   Current liabilities:   Accounts payable$18,743$16,113 Accrued expenses and other current liabilities 25,845 26,496 Floor plan obligations 6,663 6,539 Operating lease liability - current 4,085 3,822 Income taxes payable - 2,990 Current portion of long-term debt 1,972 22,143 Total current liabilities 57,308 78,103     Retiree health benefit obligation 6,549 6,338 Deferred income taxes 27,458 47,211 Long-term debt, less current portion 266,336 222,081 Operating lease liability - noncurrent 18,638 18,981 Other long-term liabilities 24,178 19,818     Total stockholders' equity 184,420 313,163 Total liabilities and stockholders' equity$584,887$705,695     Douglas Dynamics, Inc. Consolidated Statements of Income (In thousands, except share and per share data)         Three Month Period Ended Six Month Period Ended  June 30, 2020June 30, 2019 June 30, 2020June 30, 2019  (unaudited) (unaudited)               Net sales$120,043 $176,356  $188,233 $269,543  Cost of sales 87,968  116,763   144,468  187,004  Gross profit 32,075  59,593   43,765  82,539         Selling, general, and administrative expense 13,858  18,767   31,007  35,411  Impairment charges 127,872  -   127,872  -  Intangibles amortization 2,739  2,739   5,477  5,480         Income (loss) from operations (112,394) 38,087   (120,591) 41,648         Interest expense, net (5,662) (4,189)  (10,702) (8,339) Debt modification expense (3,192) -   (3,192) -  Other expense, net (67) (125)  (178) (296) Income (loss) before taxes (121,315) 33,773   (134,663) 33,013         Income tax expense (benefit) (17,456) 8,299   (20,718) 7,836         Net income (loss)$(103,859)$25,474  $(113,945)$25,177         Weighted average number of common shares outstanding:      Basic 22,857,457  22,795,412   22,835,356  22,762,431  Diluted 22,857,457  22,830,145   22,835,356  22,795,406         Earnings (loss) per share:      Basic earnings (loss) per common share attributable to common shareholders$(4.55)$1.10  $(5.00)$1.09  Earnings (loss) per common share assuming dilution attributable to common shareholders$(4.55)$1.10  $(5.00)$1.08  Cash dividends declared and paid per share$0.28 $0.27  $0.56 $0.55         Douglas Dynamics, Inc. Consolidated Statements of Cash Flows (In thousands)      Six Month Period Ended  June 30, 2020June 30, 2019  (unaudited)     Operating activities   Net income (loss)$(113,945)$25,177  Adjustments to reconcile net income (loss) to net cash used in operating activities:  Depreciation and amortization 9,797  9,607  Debt modification expense 267  -  Amortization of deferred financing costs and debt discount 605  607  Stock-based compensation 2,569  2,536  Adjustments on derivatives not designated as hedges 3,057  -  Provision for losses on accounts receivable 491  891  Deferred income taxes (19,753) 492  Impairment charges 127,872  -  Earnout liability (2,017) (217) Changes in operating assets and liabilities, net of acquisitions:   Accounts receivable 9,996  (34,106) Inventories (21,838) (11,920) Prepaid assets, refundable income taxes paid and other assets (1,783) (1,824) Accounts payable 2,688  (109) Accrued expenses and other current liabilities (3,749) 9,438  Benefit obligations and other long-term liabilities (281) (892) Net cash used in operating activities (6,024) (320)     Investing activities   Capital expenditures (5,048) (5,451) Net cash used in investing activities (5,048) (5,451)     Financing activities   Shares withheld on restricted stock vesting paid for employees’ taxes (72) (50) Payments of financing costs (992) \--  Borrowings on long-term debt 270,875  \--  Dividends paid (12,926) (12,570) Net revolver borrowings \--  27,000  Repayment of long-term debt (246,546) (31,418) Net cash provided by (used in) financing activities 10,339  (17,038) Change in cash and cash equivalents (733) (22,809) Cash and cash equivalents at beginning of period 35,665  27,820  Cash and cash equivalents at end of period$34,932 $5,011      Non-cash operating and financing activities   Truck chassis inventory acquired through floorplan obligations$8,510 $22,485      Douglas Dynamics, Inc. Segment Disclosures (unaudited) (In thousands)               Three Months Ended June 30, 2020 Three Months Ended June 30, 2019 Six Months Ended June 30, 2020 Six Months Ended June 30, 2019              Work Truck Attachments            Net Sales$73,830  $112,244  $92,950  $138,061  Adjusted EBITDA$20,448  $38,466  $18,372  $40,750  Adjusted EBITDA Margin 27.7%  34.3%  19.8%  29.5%              Work Truck Solutions            Net Sales$46,213  $64,112  $95,283  $131,482  Adjusted EBITDA$(116) $5,644  $245  $12,379  Adjusted EBITDA Margin -0.3%  8.8%  0.3%  9.4%              Douglas Dynamics, Inc. Free Cash Flow reconciliation (unaudited) (In thousands)    Three month period ended June 30, Six month period ended June 30,   2020   2019   2020   2019           Net cash provided by (used in) operating activities$3,056  $5,257  $(6,024) $(320) Acquisition of property and equipment (2,744)  (4,682)  (5,048)  (5,451) Free cash flow$312  $575  $(11,072) $(5,771)   Douglas Dynamics, Inc. Net Income (Loss) to Adjusted EBITDA reconciliation (unaudited) (In thousands)    Three month period ended June 30, Six month period ended June 30,   2020   2019   2020   2019           Net income (loss)$(103,859) $25,474  $(113,945) $25,177           Interest expense - net 5,662   4,189   10,702   8,339  Income tax expense (benefit) (17,456)  8,299   (20,718)  7,836  Depreciation expense 2,164   2,060   4,320   4,127  Intangibles amortization 2,739   2,739   5,477   5,480  EBITDA (110,750)  42,761   (114,164)  50,959           Stock-based compensation 1,201   1,482   2,569   2,536  Impairment charges 127,872   -   127,872   -  Debt modification expense 3,192   -   3,192   -  COVID-19 (1) 848   -   1,165   -  Purchase accounting (2) (2,000)  -   (2,017)  (217) Other charges (3) (31)  (133)  -   (149) Adjusted EBITDA$20,332  $44,110  $18,617  $53,129           (1) Reflects incremental costs incurred related to the COVID-19 pandemic for the periods presented. (2) Reflects $2,000 reversal of earn-out compensation acquired in conjunction with the acquisition of Dejana in the periods presented. Reflects $17 and $217 reversal of earn-out compensation in conjunction with the acquisition of Henderson in the six months ended June 30, 2020 and 2019, respectively. (3) Reflects one time, unrelated legal and consulting fees for the periods presented.          Douglas Dynamics, Inc. Reconciliation of Net Income (Loss) to Adjusted Net Income (Loss) (unaudited) (In thousands, except share and per share data)    Three month period ended June 30, Six month period ended June 30,   2020   2019   2020   2019           Net income (loss)$(103,859) $25,474  $(113,945) $25,177  Adjustments:        Stock based compensation 1,201   1,482   2,569   2,536  Impairment charges 127,872   -   127,872   -  Debt modification expense 3,192   -   3,192   -  COVID-19 (1) 848   -   1,165   -  Purchase accounting (2) (2,000)  -   (2,017)  (217) Adjustments on derivative not classified as hedge (3) 1,644   -   3,057   -  Other charges (4) (31)  (133)  -   (149) Tax effect on adjustments (21,232)  (337)  (22,010)  (543) Adjusted net income (loss)$7,635  $26,486  $(117) $26,804           Weighted average basic common shares outstanding 22,857,457   22,795,412   22,835,356   22,762,431  Weighted average common shares outstanding assuming dilution 22,857,457   22,830,145   22,835,356   22,795,406           Adjusted earnings (loss) per common share - dilutive$0.33  $1.14  $(0.02) $1.15           GAAP diluted earnings (loss) per share$(4.55) $1.10  $(5.00) $1.08  Adjustments net of income taxes:                 Stock based compensation 0.04   0.04   0.07   0.08  Impairment charges 4.72   -   4.72   -  Debt modification expense 0.11   -   0.11   -  COVID-19 (1) 0.03   -   0.05   -  Purchase accounting (2) (0.07)  -   (0.07)  (0.01) Adjustments on derivative not classified as hedge (3) 0.05   -   0.10   -  Other charges (4) -   -   -   -           Adjusted diluted earnings (loss) per share $0.33  $1.14  $(0.02) $1.15           (1) Reflects incremental costs incurred related to the COVID-19 pandemic for the periods presented. (2) Reflects $2,000 reversal of earn-out compensation acquired in conjunction with the acquisition of Dejana in the periods presented. Reflects $17 and $217 reversal of earn-out compensation acquired in conjunction with the acquisition of Henderson in the six months ended June 30, 2020 and 2019, respectively. (3) Reflects mark-to-market and amortization adjustments on an interest rate swap not classified as a hedge for the periods presented. (4) Reflects one time, unrelated legal and consulting fees for the periods presented.          For further information contact: Douglas Dynamics, Inc. Nathan Elwell 847-530-0249 investorrelations@douglasdynamics.com

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  • 3 Stocks for Starting Your Portfolio in 2020
    Motley Fool

    3 Stocks for Starting Your Portfolio in 2020

    AT&T (NYSE: T), CVS Health (NYSE: CVS), and Planet Fitness (NYSE: PLNT) offer three ways to do just that. Under former CEO Randall Stephenson, AT&T completed gigantic acquisitions of DIRECTV and Time Warner. DIRECTV has been a problem, with subscriber numbers falling quarter after quarter.

  • If You Invested $1,000 in CVS Health During the Last Recession, This Is How Much You Would Have Today
    Motley Fool

    If You Invested $1,000 in CVS Health During the Last Recession, This Is How Much You Would Have Today

    When people think of CVS Health (NYSE: CVS), they probably think of the company's ubiquitous pharmacies, of which there are nearly 10,000 in the United States. CVS was once part of the Melville Shoe Corporation, which began as a three-store chain in 1892. The company's retail/long-term care segment, which includes in-store pharmaceutical sales and other in-store retail sales, said it brought in $86.6 billion, while its healthcare benefits segment recorded $69.6 billion in revenue.

  • Walgreens Ends Buybacks, Cuts Jobs as Profit Misses; Shares Fall
    Bloomberg

    Walgreens Ends Buybacks, Cuts Jobs as Profit Misses; Shares Fall

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  • Why CVS Health Lost 13% in the First Half of the Year
    Motley Fool

    Why CVS Health Lost 13% in the First Half of the Year

    Despite some tailwinds from COVID-19, the drugstore chain doesn't expect earnings growth this year.

  • How Much Of CVS Health Corporation (NYSE:CVS) Do Institutions Own?
    Simply Wall St.

    How Much Of CVS Health Corporation (NYSE:CVS) Do Institutions Own?

    If you want to know who really controls CVS Health Corporation (NYSE:CVS), then you'll have to look at the makeup of...

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    Zacks

    Buy Beaten-Down Walgreens (WBA) Stock Ahead of Earnings?

    Walgreens reports its Q3 FY20 financial results before the opening bell on Thursday, July 9. The question is should investors consider buying shares of the struggling pharmacy chain?

  • Can CVS Health (CVS) Keep the Earnings Surprise Streak Alive?
    Zacks

    Can CVS Health (CVS) Keep the Earnings Surprise Streak Alive?

    CVS Health (CVS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

  • These 3 Value Stocks Are Absurdly Cheap Right Now
    Motley Fool

    These 3 Value Stocks Are Absurdly Cheap Right Now

    These companies have low P/E ratios and high dividend yields and investors stand to profit from that combination.

  • CVS Health (CVS) Gains But Lags Market: What You Should Know
    Zacks

    CVS Health (CVS) Gains But Lags Market: What You Should Know

    CVS Health (CVS) closed the most recent trading day at $64.97, moving +0.85% from the previous trading session.

  • CVS Health Offers Coronavirus Testing for Students, Businesses
    Zacks

    CVS Health Offers Coronavirus Testing for Students, Businesses

    CVS Health (CVS) is increasing access to COVID-19 testing options as mass unlocking takes place throughout the nation.

  • CVS Health (CVS) Stock Moves -1.94%: What You Should Know
    Zacks

    CVS Health (CVS) Stock Moves -1.94%: What You Should Know

    CVS Health (CVS) closed the most recent trading day at $63.18, moving -1.94% from the previous trading session.

  • GlobeNewswire

    Syed A. Husain, RPh, Joins PJ SOLOMON from CVS to Lead Pharmacy Advisory Effort

    PJ SOLOMON, a leading financial advisory firm and independently-operated affiliate of Natixis, announced that Syed A. Husain, RPh, has joined as a Managing Director. PJ SOLOMON has long been active in the pharmacy sector.

  • Is CVS Health (CVS) Stock Undervalued Right Now?
    Zacks

    Is CVS Health (CVS) Stock Undervalued Right Now?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.