CVS Jan 2021 82.500 call

OPR - OPR Delayed Price. Currency in USD
4.1500
+0.0800 (+1.97%)
At close: 2:40PM EST
Stock chart is not supported by your current browser
Previous Close4.0700
Open4.1500
Bid4.1500
Ask4.3500
Strike82.50
Expire Date2021-01-15
Day's Range4.1500 - 4.2400
Contract RangeN/A
Volume109
Open Interest424
  • CMS Administrator Verma weighs in on 'Medicare for All'
    Yahoo Finance Video

    CMS Administrator Verma weighs in on 'Medicare for All'

    Yahoo Finance’s Anjalee Khemlani sat down with CMS Administrator Seema Verma to discuss 'Medicare for All', as 2020 hopefuls spar over health care proposals during the Democratic debate. Yahoo Finance's Zack Guzman and Sibile Marcellus join in on the conversation.

  • Digital helps innovation and cost efficiency in the health industry : Geisinger Health CFO
    Yahoo Finance Video

    Digital helps innovation and cost efficiency in the health industry : Geisinger Health CFO

    Geisinger Health CFO Dr. Kevin Roberts joins Yahoo Finance’s Anjalee Khemlani to discuss innovations in the healthcare industries at the JPMorgan Health Care Conference.

  • Impact of health care costs on retirement
    Yahoo Finance Video

    Impact of health care costs on retirement

    The rising cost of health care is among the top concerns for people preparing to retire. A new report by the University of Wisconsin found nearly 1/3 of more than 2,000 people surveyed skip a test or a treatment due to costs. Faculty Director for the Center of Financial Security at The University of Wisconsin, Michael Collins, joins On the Move to break down how health care influences retirement.

  • Should CVS Health Corporation (NYSE:CVS) Be Part Of Your Dividend Portfolio?
    Simply Wall St.

    Should CVS Health Corporation (NYSE:CVS) Be Part Of Your Dividend Portfolio?

    Dividend paying stocks like CVS Health Corporation (NYSE:CVS) tend to be popular with investors, and for good reason...

  • PR Newswire

    CVS Health Assisting Customers Affected by Earthquakes in Puerto Rico

    CVS Health (NYSE: CVS) is committed to filling prescriptions, providing pharmacy services and providing other assistance in Puerto Rico following the trio of catastrophic earthquakes recorded this past week. The company is providing pharmacy services to members of La Administración de Seguros de Salud de Puerto Rico (ASES) to ensure the residents of Puerto Rico have expanded access to their medications during this time of need.

  • Stocks With Rising Composite Ratings: CVS Health
    Investor's Business Daily

    Stocks With Rising Composite Ratings: CVS Health

    CVS Health saw its IBD SmartSelect Composite Rating jump to 96 Wednesday, up from 92 the day before.

  • UnitedHealth Earnings Top But Revenue Light For Dow Jones Stock
    Investor's Business Daily

    UnitedHealth Earnings Top But Revenue Light For Dow Jones Stock

    UnitedHealth earnings topped estimates on Wednesday, but revenue was a tad light. The Dow Jones stock reiterated guidance for 2020.

  • CVS opens HealthHub clinics at 15 Houston-area locations
    American City Business Journals

    CVS opens HealthHub clinics at 15 Houston-area locations

    Rhode Island-based CVS Health Corp. (NYSE: CVS) opened a slate of its "HealthHub" locations across the greater Houston area Jan. 13. CVS initially piloted three HealthHubs in Houston. While the chain already offered its MinuteClinic at several locations, the HealthHubs offer a broader range of health care services, new product categories, digital tools and on-demand health kiosks, according to a February 2019 press release.

  • Why CVS Health (CVS) Could Beat Earnings Estimates Again
    Zacks

    Why CVS Health (CVS) Could Beat Earnings Estimates Again

    CVS Health (CVS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

  • PR Newswire

    CVS Health Debuts First HealthHUB Locations to Serve Greater Atlanta Community

    Individuals and families in Greater Atlanta can now experience health care that is simple, convenient and affordable with the debut of HealthHUB, CVS Health's new store design in 16 CVS Pharmacy locations across the community. During a ribbon-cutting event at the company's HealthHUB location at 687 Johnson Ferry Rd. in Marietta, the community celebrated the new, innovative store format that features a broader range of health care services to help patients better manage chronic conditions; more products and services focused on overall health and wellness; and trusted advice and personalized care, all with the ease of walking into a local CVS Pharmacy.

  • Benzinga

    Sysco Appoints New CEO To Accelerate 'Next Phase Of Development'

    Global food service distribution company Sysco Corporation (NYSE: SYY ) announced Monday that President and CEO Tom Bene will step down as CEO as part of a strategy to accelerate the "next phase of ...

  • The Zacks Analyst Blog Highlights: UnitedHealth, CVS Health, Morgan Stanley, Charles Schwab and Uber Technologies
    Zacks

    The Zacks Analyst Blog Highlights: UnitedHealth, CVS Health, Morgan Stanley, Charles Schwab and Uber Technologies

    The Zacks Analyst Blog Highlights: UnitedHealth, CVS Health, Morgan Stanley, Charles Schwab and Uber Technologies

  • CVS Health's Selling Seasons Strong, Omnicare Arm Upsets
    Zacks

    CVS Health's Selling Seasons Strong, Omnicare Arm Upsets

    CVS Health's (CVS) 2020 PBM selling season remains strong with gross new business and net new business wins.

  • CVS Health (CVS) Outpaces Stock Market Gains: What You Should Know
    Zacks

    CVS Health (CVS) Outpaces Stock Market Gains: What You Should Know

    In the latest trading session, CVS Health (CVS) closed at $72.76, marking a +0.9% move from the previous day.

  • Top Research Reports for UnitedHealth, CVS & Morgan Stanley
    Zacks

    Top Research Reports for UnitedHealth, CVS & Morgan Stanley

    Top Research Reports for UnitedHealth, CVS & Morgan Stanley

  • TheStreet.com

    Jim Cramer: The HQ for Innovation Is Right Here in San Francisco

    The NYSE used to be the center of capitalism, but now it's where actual engineering, not financial engineering, is taking place.

  • CVS Health Debuts HealthHUB Locations to Serve Greater Houston Community
    PR Newswire

    CVS Health Debuts HealthHUB Locations to Serve Greater Houston Community

    Individuals and families in Greater Houston can now experience health care that is simple, convenient and affordable with the debut of HealthHUB, CVS Health's new store design in 15 CVS Pharmacy locations across the community. During a ribbon-cutting event at the company's HealthHUB location at 5402 Westheimer Road in Houston, the community celebrated the new, innovative store format that features a broader range of health care services to help patients better manage chronic conditions; more products and services focused on overall health and wellness; and trusted advice and personalized care, all with the ease of walking into a local CVS Pharmacy.

  • Houston-based food distribution giant Sysco names new top leadership
    American City Business Journals

    Houston-based food distribution giant Sysco names new top leadership

    Food distribution giant Sysco Corp. (NYSE: SYY), Houston's second-largest public company based on revenue, has named a new president and CEO as well as a new executive chair and a new lead independent director. Tom Bené will step down from the president and CEO roles on Jan. 31 but will remain an executive adviser until March 1 to assist with the transition, according to a press release. Bené joined Sysco in 2013, became president in 2016, added the CEO role in January 2018 and became chairman in November 2018.

  • CVS Has a Very Make-or-Break Setup - Here Is How to Trade It
    TheStreet.com

    CVS Has a Very Make-or-Break Setup - Here Is How to Trade It

    CVS Health has converging support and resistance levels, thrusting shares into a make-or-break setup. Here's how to trade CVS stock now.

  • Prepare to Supplement Portfolio With CVS Stock
    TheStreet.com

    Prepare to Supplement Portfolio With CVS Stock

    Here's how two big events early this week make me view this name that's one of my favorite undervalued, dividend-paying companies.

  • Cigna-Express Scripts bets on digital care as the future of health
    Yahoo Finance

    Cigna-Express Scripts bets on digital care as the future of health

    Cigna-ESI remain focused on virtual care in 2020.

  • Benzinga

    Benzinga Pro's Top 5 Stocks To Watch For Wed., Jan. 8, 2020: GDX, BA, CVS, LK, PIXY

    Benzinga Pro's Stocks To Watch For Wednesday VanEck Gold Miners ETF (GDX)  - This ETF, which tracks the price action of gold mining-related assets, saw extreme volatility over Tuesday evening and Wednesday ...

  • Don’t Be Fooled by the Big Spike of Rite Aid Stock
    InvestorPlace

    Don’t Be Fooled by the Big Spike of Rite Aid Stock

    Shares of struggling pharmacy retailer Rite Aid (NYSE:RAD) staged a huge rally in late 2019 on the heels of a strong third -quarter earnings report. The results indicated that the turnaround plan of the company's new management is off to a good start. In less than five trading days after the results were released, RAD stock nearly tripled, soaring from $8 to over $20.Source: Michael Gordon / Shutterstock.com I don't believe that investors should be fooled by the huge rally of Rite Aid stock. Indeed, RAD stock has already tumbled to about $13.50. But I think it will drop much further.Sure, the outlook of Rite Aid stock has improved. Its new management is doing all the right things to stabilize the company's sales and margin trends and give it a shot at sustainable profitability in the long run.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBut things weren't good enough to justify a 200% rally in a few days. This company is still the worst-in-class retailer in a tough pharmacy segment. The Q3 results indicated that the company may actually survive. But its turnaround will be slow and weak.So I believe that the big spike of RAD stock in late 2019 is unsustainable. It was just a head fake, as momentum shorts who were piling on the stock and betting on bankruptcy were forced to cover as the bankruptcy thesis was thrown out the window. This short covering will eventually subside. As it does, the buying power which had pushed Rite Aid stock up above $20 will also weaken, pushing the shares down. * 9 Boring Stocks to Buy You Should Never Let Go Of RAD stock won't stop dropping until its valuation matches the reality that Rite Aid is a low-growth company with limited ability to increase its profits. Unfortunately, that won't happen until RAD stock features an $11 price tag. As a result, the shares will likely keep dropping before they find support. Rite Aid's Fundamentals Are ImprovingRite Aid's fundamentals are definitely meaningfully improving, as its new management is charting a course that will enable it to avoid bankruptcy and stay alive for a little while longer.In 2019, Rite Aid put in place a new management team. This new management team is trying to change the company from head to toe. That's a good thing. Rite Aid could use change everywhere because the last few years have been defined by negative revenue growth, margin erosion, and a consistent slide into irrelevancy.Management's changes have included revamping stores, overhauling the company's digital operations, expanding its omnichannel capabilities, improving its pharmacist-client relations, and expanding its in-store-pickup partnership with Amazon (NASDAQ:AMZN). These changes are working. In Q3, its revenues rose over 0.2% year-over-year, while its EBITDA, excluding some items, rose $15 million. Those were its biggest revenue and EBITDA increases in several quarters.Management is in stage one of its planned turnaround. Consequently, as RAD's top executives continue to effect change throughout the entire company over the next several years, the company's revenue and profit trends should continue to improve. But Not By That MuchWhile Rite Aid's fundamentals are improving, they aren't improving by that much.Its revenue growth trends are improving, thanks to management's comprehensive changes. But there are two catches. The first catch is that Rite Aid is playing catch-up in a very tough and competitive pharmacy segment that includes much bigger, deeper-pocketed, and more resourceful competitors like Walgreens (NASDAQ:WBA), CVS (NYSE:CVS), Walmart (NYSE:WMT), Target (NYSE:TGT), and Amazon.Rite Aid may be able to survive in that competitive environment. But, it will never thrive, especially because consumers are increasingly pivoting towards all-in-one shopping destinations like Walmart and Target. Thus, while RAD's revenue growth trends will improve, its revenue growth will forever remain very low.The second catch is that all of this change requires investments. A better e-commerce site requires more expensive developers. Remodeling stores costs lots of money. So, while RAD's management is taking all the necessary steps to stabilize its sales, all of those steps are expensive. Indeed, in Q4, RAD's expenses are expected to increase at the fastest rate in several years.So Rite Aid's fundamentals are improving, but its revenue growth rates will remain sluggish and rising expenses may keep its margins stuck in neutral. Rite Aid Stock Is OvervaluedA realistic assessment of Rite Aid's turnaround potential reveals that RAD stock is overvalued at its current levels.Analysts, on average, expect Rite Aid's revenue to climb just over 2% in Q4. Importantly, in Q4 of 2018, RAD's revenue fell. Going forward, Rite Aid's revenue comparisons will get tougher, as the company's revenue rose in 2019 versus 2018.These tougher comparisons, coupled with a fiercely competitive landscape, will keep the company's revenue growth rates stuck in the 0.5% to 1% range over the next few years.At the same time, Rite Aid's operating expenses, which have been shrinking, will start rising again because management's proposed changes require higher spending. Over the next few years, Rite Aid will likely combine 0.5% to 1% revenue growth with roughly 0.5% spending increases.If that's the case, then Rite Aid will be a slower revenue grower with some, but not a lot, of room for profit margin expansion. My modeling suggests that this combination will push its earnings per share towards $1 by 2025. Using a 2025 price-earnings multiple of 16 times earnings, which is average for the market, I arrive at a 2024 price target for RAD stock of $16. Discounted back by 10% per year, that equates to a 2020 price target of just under $11. The Bottom Line on RAD StockRite Aid is in the early stages of a turnaround. But its weak turnaround is moving slowly. During its huge rally, Rite Aid stock was trading as if it was in the midst of a quick, strong turnaround. That mismatch was the result of short covering.Unfortunately for bulls, that means Rite Aid stock will keep dropping before it finds support.As of this writing, Luke Lango was long WMT. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dividend Stocks to Buy to Kick Off the New Year * 7 Buyout Targets to Watch For 2020 * 9 Boring Stocks to Buy You Should Never Let Go Of The post Don't Be Fooled by the Big Spike of Rite Aid Stock appeared first on InvestorPlace.

  • Walgreens May Rally on Earnings, but CVS Looks Stronger
    TheStreet.com

    Walgreens May Rally on Earnings, but CVS Looks Stronger

    The upcoming quarterly report for WBA might be a market mover, but the charts and indicators of CVS show a healthy stock ready to rise.