Summary
- CVS Health is a healthcare company known for its CVS Pharmacy. In addition to CVS Pharmacy, CVS Health owns CVS Caremark and Aetna, among others.
- The stock price was in a bear market from 2016 to 2020 and has rebounded sharply since then.
- Third quarter 2022 results were strong. During the quarter, revenues increased 10%, free cash flow increased 73%, and earnings per share increased 9%.
- The acquisition price is reasonable and Signify Health will add much value to CVS Health.
- Analysts on the Seeking Alpha CVS ticker page expect the dividend to grow 5% for fiscal 2023 and fiscal 2024.
For further details see:
CVS Health: Signify As Growth Catalyst, 8% Buyback Yield, And Cheaply Valued