CVS Health Corporation (NYSE:CVS) Bernstein's 40th Annual Strategic Decisions Conference May 29, 2024 10:00 AM ET Company Participants Karen Lynch - President and CEO Tom Cowhey - Executive Vice President and Chief Financial Officer Conference Call Participants Lance Wilkes - Bernstein Lance Wilkes Okay. So we're going to kick-off. Let Tom, who is not the Interim CFO, but the CFO, speak to a few statements and then Karen is going to start-off with some introductory comments. Tom Cowhey Thanks, Lance. Thanks ...

文章核心观点 - 即使面临一些困难,仍有一些公司能够持续增加股息 [1] - CVS Health和Gilead Sciences虽然近年来股价表现不佳,但仍是不错的选择,特别是对于股息投资者 [2] CVS Health - CVS Health的财务业绩在过去18个月里令人失望,部分原因是新冠疫苗收入下降 [3] - CVS Health多次下调内部预测,给投资者带来不确定性 [3][4] - 但CVS Health拥有全面的医疗服务生态系统,为患者提供全程护理 [4][5] - 公司最近推出生物类似药业务,有广阔的市场前景 [5][6] - 过去10年,CVS Health的股息增长142%,目前股息收益率为4.64% [7] Gilead Sciences - Gilead Sciences拥有广泛的药品组合,在病毒学和HIV领域处于领先地位 [8] - 公司的新冠药物Veklury帮助维持了收入和利润 [8][9] - 公司的HIV药物Biktarvy在美国市场份额不断提高,新药Sunlenca也有发展前景 [9][10] - Gilead Sciences在肿瘤领域也有大量在研项目,未来有望带来业绩增长 [11] - 过去10年,公司股息增长79%,目前股息收益率为4.58% [12]

文章核心观点 - CVS Health Corp是一家拥有10年投资银行从业经验的资深研究分析师所关注的公司 [1] - CVS Health Corp与Walgreens在业务模式上非常相似,但在2020年疫情期间出现了业绩差异 [2] - CVS Health Corp目前的股息收益率较高,达到4.8%,这可能是一个较为吸引人的投资机会 [3] 公司概况 - CVS Health Corp的业务包括医疗保险、医疗服务和药品零售等多个板块 [2] - 公司收入主要来自医疗保险和药品零售业务,其中医疗保险业务收入增长较快 [8][9] - 公司在2022年第一季度的收入同比增长3.7%,但利润和现金流均有所下降 [7] 风险分析 - 公司面临的主要风险包括医疗成本上升、利率上升以及某些业务板块收入下降等 [4][5][6][10] - 尽管存在这些风险,但公司的现金流和财务状况仍然较为稳健 [11][12] 估值分析 - 公司当前的估值水平较低,市盈率仅为9.73倍,低于行业平均水平 [18] - 根据股息折现模型,公司的合理价值为59.11美元,较当前价格有6.4%的上涨空间 [19][20] - 考虑到较高的股息收益率,即使短期内股价上涨有限,也可以通过收取股息获得较好的投资回报 [21]

CVS shares plunged following its latest earnings report. Is it a buy?CVS Health (CVS -0.20%) is one of the most influential healthcare companies in the country.It operates the nation's largest pharmacy chain, a massive pharmacy benefit management business, and the health insurer Aetna, which covers 26 million people. But the stock has been losing ground lately, and shares plunged again after CVS delivered its first-quarter report, which showed rising medical costs from patients covered by its Medicare Advan ...

The CVS pharmacy logo is displayed on a sign above a CVS Health Corp. store in Las Vegas, Nevada on February 7, 2024.Pharmacy staff at two CVS retail stores in Rhode Island voted to join a new national pharmacy union on Friday, signaling growing momentum in a movement to help thousands of U.S. pharmacy workers address what they allege are unsafe working conditions. Pharmacy workers at locations open 24 hours a day in Wakefield and Westerly won their union elections, making them the first stores to unionize ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about CVS Health (CVS) .CVS Health currently has an average brokerage r ...

The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. CVS Health presently has a stellar rank, in the top 10% of the coverage universe, which suggests it is among the top most "interesting" ideas that merit further research by investors.Start slideshow: 10 Oversold Dividend Stocks »But m ...

CVS Health’s (CVS) retail division — CVS Pharmacy — launched Well Market,  a new store brand consumables line featuring snacks, beverages and groceries. Products from Well Market can now be purchased on CVS.com and in CVS pharmacies across the United States.The recent development will expand CVS Health’s food and beverage portfolio.More on Well MarketWell Market provides a range of products with zero grams of trans fat and no artificial preservatives, sweeteners, or colors and products that reflect consumer ...

WOONSOCKET, R.I., May 20, 2024 /PRNewswire/ -- CVS Health® (NYSE: CVS) today announced that President and CEO Karen S. Lynch and Executive Vice President and Chief Financial Officer Tom Cowhey will participate in a fireside chat with investors at the Bernstein 40th Annual Strategic Decisions Conference on May 29, 2024, at approximately 10:00 am ET.An audio webcast of the event will be broadcast simultaneously on the Investor Relations portion of the CVS Health website at investors.cvshealth.com where it wil ...

Key PointsCVS Health operates over 9,000 pharmacies as well as the nation’s third-largest health insurer, Aetna.CVS Health stock has a 4.64% annual dividend yield and trades at just 8.19X forward earnings compared to the 10-year average PE of 18.19, a 65% discount.Aetna suffered over $900 million in unexpected Medicare Advantage (MA) utilization expenses in Q1. Still, it stated that it will prioritize profits in 2025, cut certain supplemental benefits, and exit counties it deems unprofitable for MA.5 stocks ...