Stock Update (NYSE:CVS): CVS Health Offering Meningitis Vaccines to Residents in Santa Clara County, CA

[PR Newswire] – WOONSOCKET, R.I., Feb. 10, 2016 /PRNewswire/ — CVS Health ( NYSE:CVS ) is offering Meningitis B vaccines to people living in Santa Clara County, CA, in response to confirmed cases of Meningitis B on the … Read more on this. CVS Health Corporation (CVS) , with a current value of $104.50B, started trading this morning at $91.06. Looking at today’s trading action, the company’s one day range from $91.06 to $94.17 and has traded between $81.37 and $113.65 over the past 12 months. CVS shares are currently priced at 18.01x this year’s forecasted earnings, which makes them relatively expensive compared to the industry ’s 9.92x forward p/e ratio. The company pays shareholders $1.70 per share in dividend income per year, for a current yield of 1.83%. In a review of the consensus earnings estimate this quarter, 23 sell-side analysts are looking at $1.53 per share, which would be $0.32 better than the year-ago quarter and a $0.00 sequential decrease. The full-year EPS estimate is $5.17 which would be a $0.66 improvement than last year’s full-year earnings. The quarterly earnings estimate is predicated on a consensus revenue forecast of $41.13 Billion. If reported, that would be a 10.98% increase over the year-ago quarter. In terms of ratings, Atlantic Equities Initiated CVS at Overweight (Feb 3, 2016). Previously, Robert W. Baird Initiated CVS at to Outperform. The average price target for CVS shares is $114.63, which is 25.88% above where the stock opened this morning. See more in (NYSE:CVS) Similar Articles: Stock Update: CVS Caremark Corporation (NYSE:CVS) – CVS Health and Target Announce Completed Acquisition of Target’s Pharmacy and Clinic Businesses Market Update: CVS Caremark Corporation (NYSE:CVS) – CVS Health Partners with MassChallenge and Rock Health Company Update: CVS Caremark Corporation (NYSE:CVS) – CVS Health Announces New Clinical Affiliations with St. Luke’s University Health Network and TriHealth