CVS Health (CVS) stock forecast for 2023
Last update: September 27, 2023 (11:53)
Sector: HealthcareThe share price of CVS Health Corp. (CVS) now
50/200 Day Moving Average: $71.02 / $77.21
This figure corresponds to the Average Price over the previous 50/200 days. For CVS Health stocks, the 50-day moving average is the resistance level today.
For CVS Health stocks, the 200-day moving average is the resistance level today.
Are you interested in CVS Health stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the CVS Health stock price in 2023. How much will one CVS Health share be worth in 2023? Is it worth taking profit / loss on CVS Health stock now or waiting? What are analysts' forecasts for CVS Health stock?
We forecast CVS Health stock performance using neural networks based on historical data on CVS Health stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account. The CVS Health stock prediction results are shown below and presented as a graph, table and text information.
CVS Health stock forecasts are adjusted once a day based on the closing price of the previous trading day.
The minimum target price for CVS Health analysts is $90.8.
Today 200 Day Moving Average is the resistance level (77.21 $).
50 Day Moving Average is the resistance level (71.02 $).
Historical and forecast chart of CVS Health stock
The chart below shows the historical price of CVS Health stock and a prediction chart for the next year. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the CVS Health stock price can be found in the table below.
CVS Health (CVS) Forecast for 2023
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Oct | 71.38 | 69.18 | 73.78 | 6.23 % |
| Nov | 74.53 | 71.92 | 76.61 | 6.13 % |
| Dec | 71.92 | 69.65 | 75.59 | 7.86 % |
CVS Health information and performance
CVS Health Corporation provides medical services in the United States. The company’s pharmaceutical services segment offers benefit management solutions for pharmacies including plan development and administration, form management, retail pharmacy chain management, mail order pharmacies, specialty pharmacies and infusion, clinical services, and treatment and treatment cost management services. diseases.
ONE CVS DR., WOONSOCKET, RI, US
Market capitalization of the CVS Health Corp. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of CVS shares in the company outstanding by the market price of one share.
EBITDA of CVS Health is earnings before interest, income tax and depreciation of assets.
P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit
Price/earnings to growth
Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.
Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.
EPS shows how much of the net profit is accounted for by the common share.
Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.
Forward P/E uses projections of future earnings instead of final numbers.
Enterprise Value (EV) /Revenue
The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).
Number of issued ordinary shares
Number of freely tradable shares
Shares Short Prior Month - the number of shares in short positions in the last month.
CVS Health price target for 2023 by month
Target values for the price of one CVS Health share for Oct 2023.
In Oct, the Positive dynamics for Momo shares will prevail with possible monthly volatility of 6.231% volatility is expected.
Pessimistic target level: 69.18
Optimistic target level: 73.78
Target values for the price of one CVS Health share for Nov 2023.
In Nov, the Positive dynamics for Momo shares will prevail with possible monthly volatility of 6.128% volatility is expected.
Pessimistic target level: 71.92
Optimistic target level: 76.61
Target values for the price of one CVS Health share for Dec 2023.
In Dec, the Negative dynamics for Momo shares will prevail with possible monthly volatility of 7.858% volatility is expected.
Pessimistic target level: 69.65
Optimistic target level: 75.59
CVS Health (CVS) stock dividend
CVS Health last paid dividends on 10/19/2023. The next scheduled payment will be on 11/01/2023. The amount of dividends is $2.31 per share. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. As soon as information becomes available, we will immediately update the data. Bookmark our portal to stay updated.
Last Split Date: 01/01/1970
Splitting of shares is an increase in the number of securities of the issuing company circulating on the market due to a decrease in their value at constant capitalization.
For example, a 5: 1 ratio means that the value of one share will decrease 5 times, the total amount will increase 5 times. It is important to understand that this procedure does not change the capitalization of the company, as well as the total value of assets held in private hands.