CVS Health (CVS) Stock Moves -0.5%: What You Should Know
In the latest trading session, CVS Health (CVS) closed at $59.38, marking a -0.5% move from the previous day. Heading into today, shares of the drugstore chain and pharmacy benefits manager had lost 6.79% over the past month, lagging the Retail-Wholesale sector's loss of 6.56% and outpacing the S&P 500's loss of 10.82% in that time. Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $7.16 per share and revenue of $259.63 billion. Digging into valuation, CVS currently has a Forward P/E ratio of 8.34. For comparison, its industry has an average Forward P/E of 9.24, which means CVS is trading at a discount to the group.