CVS Corp Earnings Estimate

CVS
 Stock
  

USD 104.54  0.90  0.87%   

Many public companies, such as CVS Corp, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing CVS Corp's earnings estimates, investors can diagnose different trends across CVS Corp's analyst sentiment over time as well as compare current estimates against different timeframes.
CVS Corp is projected to generate 8.36 in earnings per share on the 31st of December 2021. CVS Corp earnings estimates module stress-tests analyst consensus about projected CVS Corp EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Continue to Trending Equities.
  
As of 08/19/2022, Profit Margin is likely to grow to 0.0246, while Gross Profit is likely to drop slightly above 46 B.

CVS Corp Earnings Estimation Breakdown

Calculation of earning per share of CVS Corp is based on official Zacks consensus of 11 analysts regarding CVS Corp future annual earnings. Given the historical accuracy of 88.46%, the future earnings per share of CVS Corp is estimated to be 8.36 with the lowest and highest values of 8.36 and 8.37, respectively. Please note that this consensus of annual earnings estimates for CVS Corp is an estimate of EPS before non-recurring items and including employee stock options expenses
  Current EPS 5.73
8.36
Lowest
Expected EPS 8.36
8.37
Highest

CVS Corp Earnings Projection Consensus

Suppose the current estimates of CVS Corp's value are higher than the current market price of the CVS Corp stock. In this case, investors may conclude that CVS Corp is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and CVS Corp's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyCurrent EPSEPS Estimate for 31st of December 2021

11

88.46%

5.73

8.36

CVS Corp Earnings History

Earnings estimate consensus by CVS Corp analysts from Wall Street is used by the market to judge CVS Corp's stock performance. The investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only CVS Corp's upcoming profit reports and earnings-per-share forecasts but also compare them to our different valuation methods.

CVS Corp Quarterly Earnings Before Interest Taxes and Depreciation Amortization EBITDA

5.69 Billion

As of 08/19/2022, Price to Earnings Ratio is likely to grow to 18.55, while Accumulated Retained Earnings Deficit are likely to drop slightly above 50.8 B. As of 08/19/2022, Issuance Purchase of Equity Shares is likely to grow to about 592.3 M, while Weighted Average Shares is likely to drop slightly above 1.2 B.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of CVS Corp'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. Please use the tools below to analyze the current value of CVS Corp in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
102.29103.74105.19
Details
Intrinsic
Valuation
LowReal ValueHigh
99.13100.58114.00
Details
Naive
Forecast
LowNext ValueHigh
103.84105.29106.73
Details
18 Analysts
Consensus
LowTarget PriceHigh
80.00111.00125.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as CVS Corp. Your research has to be compared to or analyzed against CVS Corp's peers to derive any actionable benefits. When done correctly, CVS Corp's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in CVS Corp.
Note that many institutional investors and large investment bankers can move markets due to the volume of CVS Corp assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards CVS Corp. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving CVS Corp stock price in the short term.

CVS Corp Earnings per Share Projection vs Actual

Actual Earning per Share of CVS Corp refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering CVS Corp predict the company's earnings will be in the future. The higher the earnings per share of CVS Corp, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

CVS Corp Estimated Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as CVS Corp, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of CVS Corp should always be considered in relation to other companies to make a more educated investment decision.

CVS Corp Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact CVS Corp's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2022-08-03
2022-06-302.172.40.2310 
2022-05-04
2022-03-312.152.220.07
2022-02-09
2021-12-311.931.980.05
2021-11-03
2021-09-301.781.970.1910 
2021-08-04
2021-06-302.062.420.3617 
2021-05-04
2021-03-311.722.040.3218 
2021-02-16
2020-12-311.241.30.06
2020-11-06
2020-09-301.331.660.3324 
2020-08-05
2020-06-301.932.640.7136 
2020-05-06
2020-03-311.631.910.2817 
2020-02-12
2019-12-311.681.730.05
2019-11-06
2019-09-301.771.840.07
2019-08-07
2019-06-301.691.890.211 
2019-05-01
2019-03-311.51.620.12
2019-02-20
2018-12-312.052.140.09
2018-11-06
2018-09-301.711.730.02
2018-08-08
2018-06-301.611.690.08
2018-05-02
2018-03-311.411.480.07
2018-02-08
2017-12-311.891.920.03
2017-11-06
2017-09-301.491.50.01
2017-08-08
2017-06-301.311.330.02
2017-05-02
2017-03-311.11.170.07
2017-02-09
2016-12-311.671.710.04
2016-11-08
2016-09-301.571.640.07
2016-08-02
2016-06-301.31.320.02
2016-05-03
2016-03-311.161.180.02
2016-02-09
2015-12-311.531.530
2015-10-30
2015-09-301.291.28-0.01
2015-08-04
2015-06-301.21.220.02
2015-05-01
2015-03-311.081.140.06
2015-02-10
2014-12-311.21.210.01
2014-11-04
2014-09-301.131.150.02
2014-08-05
2014-06-301.11.130.03
2014-05-02
2014-03-311.041.02-0.02
2014-02-11
2013-12-311.111.120.01
2013-11-05
2013-09-301.021.050.03
2013-08-06
2013-06-300.960.970.01
2013-05-01
2013-03-310.790.830.04
2013-02-06
2012-12-311.11.140.04
2012-11-06
2012-09-300.840.850.01
2012-08-07
2012-06-300.80.810.01
2012-05-02
2012-03-310.630.650.02
2012-02-08
2011-12-310.890.890
2011-11-03
2011-09-300.680.70.02
2011-08-04
2011-06-300.640.650.01
2011-05-05
2011-03-310.550.570.02
2011-02-03
2010-12-310.790.80.01
2010-11-03
2010-09-300.650.650
2010-07-28
2010-06-300.680.65-0.03
2010-05-04
2010-03-310.580.60.02
2010-02-08
2009-12-310.780.790.01
2009-11-05
2009-09-300.640.650.01
2009-08-04
2009-06-300.640.650.01
2009-05-05
2009-03-310.540.550.01
2009-02-19
2008-12-310.690.70.01
2008-10-30
2008-09-300.60.60
2008-07-31
2008-06-300.60.60
2008-05-01
2008-03-310.550.550
2008-01-31
2007-12-310.550.550
2007-11-01
2007-09-300.440.450.01
2007-08-02
2007-06-300.460.470.01
2007-05-08
2007-03-310.450.43-0.02
2007-02-01
2006-12-310.440.450.01
2006-11-01
2006-09-300.320.330.01
2006-08-03
2006-06-300.370.40.03
2006-05-04
2006-03-310.380.390.01
2006-02-02
2005-12-310.40.410.01
2005-11-03
2005-09-300.30.30
2005-08-03
2005-06-300.310.330.02
2005-05-05
2005-03-310.340.350.01
2005-02-02
2004-12-310.270.280.01
2004-11-04
2004-09-300.210.220.01
2004-08-04
2004-06-300.270.280.01
2004-05-05
2004-03-310.280.30.02
2004-02-12
2003-12-310.290.320.0310 
2003-10-29
2003-09-300.230.230
2003-07-30
2003-06-300.240.250.01
2003-05-06
2003-03-310.240.240
2003-02-04
2002-12-310.230.250.02
2002-10-30
2002-09-300.190.20.01
2002-07-31
2002-06-300.210.220.01
2002-05-08
2002-03-310.210.220.01
2002-02-05
2001-12-310.120.120
2001-10-30
2001-09-300.150.150
2001-07-31
2001-06-300.240.240
2001-05-02
2001-03-310.270.270
2001-02-06
2000-12-310.260.260
2000-10-30
2000-09-300.180.180
2000-08-01
2000-06-300.230.230
2000-05-09
2000-03-310.230.240.01
2000-02-08
1999-12-310.220.230.01
1999-10-27
1999-09-300.150.150
1999-07-28
1999-06-300.190.20.01
1999-04-28
1999-03-310.190.210.0210 
1999-01-28
1998-12-310.180.180
1998-10-28
1998-09-300.120.130.01
1998-07-29
1998-06-300.150.160.01
1998-05-06
1998-03-310.160.170.01
1998-02-09
1997-12-310.150.150
1997-10-22
1997-09-300.10.10
1997-07-28
1997-06-300.120.130.01
1997-04-24
1997-03-310.110.130.0218 
1997-02-05
1996-12-310.10.110.0110 
1996-10-22
1996-09-300.060.060
1996-07-23
1996-06-300.10.10
1996-04-23
1996-03-31-0.050.030.08160 

About CVS Corp Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of CVS Corp earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current CVS Corp estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as CVS Corp fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.

CVS Corp Investors Sentiment

The influence of CVS Corp's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in CVS Corp. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to CVS Corp's public news can be used to forecast risks associated with investment in CVS Corp. The trend in average sentiment can be used to explain how an investor holding CVS Corp can time the market purely based on public headlines and social activities around CVS Corp. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
CVS Corp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for CVS Corp's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average CVS Corp's news discussions. The higher the estimated score, the more favorable is the investor's outlook on CVS Corp.

CVS Corp Implied Volatility

    
  28.73  
CVS Corp's implied volatility exposes the market's sentiment of CVS Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if CVS Corp's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that CVS Corp stock will not fluctuate a lot when CVS Corp's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards CVS Corp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, CVS Corp's short interest history, or implied volatility extrapolated from CVS Corp options trading.

Pair Trading with CVS Corp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CVS Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CVS Corp will appreciate offsetting losses from the drop in the long position's value.

Moving together with CVS Corp

0.81AAgilent Technologies Fiscal Year End 28th of November 2022 PairCorr

Moving against CVS Corp

0.78ACURAcura Pharma Cmn Earnings Call  This WeekPairCorr
0.54BZUNBaozun Inc ADR Earnings Call  This WeekPairCorr
The ability to find closely correlated positions to CVS Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CVS Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CVS Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CVS Corp to buy it.
The correlation of CVS Corp is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CVS Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CVS Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CVS Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to Trending Equities. Note that the CVS Corp information on this page should be used as a complementary analysis to other CVS Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

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When running CVS Corp price analysis, check to measure CVS Corp'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 Corp is operating at the current time. Most of CVS Corp's value examination focuses on studying past and present price action to predict the probability of CVS Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move CVS Corp's price. Additionally, you may evaluate how the addition of CVS Corp to your portfolios can decrease your overall portfolio volatility.
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Is CVS Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CVS Corp. If investors know CVS Corp will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CVS Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of CVS Corp is measured differently than its book value, which is the value of CVS Corp that is recorded on the company's balance sheet. Investors also form their own opinion of CVS Corp's value that differs from its market value or its book value, called intrinsic value, which is CVS Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CVS Corp's market value can be influenced by many factors that don't directly affect CVS Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CVS Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine CVS Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CVS Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.