Healthcare : CVS Health ($CVS) - Good Price & Good Company ?
My afterthoughts to Tiger_chat 's question of whether an investor profits from a good company or a good price ?
"Why not both" I asked myself ?
Wouldn't there be more upsides comparatively speaking ?
Having put the theory to test on different company types (see below for details); time to try it on a Healthcare stock that I have covered for my 12th Days of Christmas postings.
Putting $CVS Health(CVS)$ to the test & see if it still fits the bill.
Click here to read prev post on CVS !
Sidetrack: Below are stocks that I have covered. Interested ? Click to read.
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- Pepsi Co
- Alphabet (Google)
- T-Mobile Inc
- Chipotle Mex Grill
- Amazon
- McDonalds Inc
- United Parcel Service (UPS)
- Spotify Inc
- Apple Inc
- Meta Platform (Facebook)
- AMD
- Snap Inc
- General Motors
- Visa Inc
In 2022, a year where US market has been hammered by extreme volatility and ease of covid pandemic restrictions - how did CVS Health Corporation fare ?.
CVS Health Corp - Summary
- Total revenue came in at $83.8 Billion vs $76.6 Billion (Q4 2021); thats a +9.4% gain
- Net income came in at $2.3 Billion vs $1.3 Billion (Q4 2021); thats a +76.92% gain.
- This makes Earnings per share (GAAP) at $1.75 vs $0.98 (Q4 2021); thats a +78.6% gain
- Earnings per share (non GAAP) was $1.99 vs $1.98 (Q4 2021); thats a +0.51% gain.
CVS Health Corp - Revenue by Segments
- Its 3 coreBusiness segments all grew in the face of worldwide pandemic adversity.
- Of the 3 segments, Pharmacy services contributed the lion's share of revenue, coming in at 46.1% of total revenue.
- This is followed by its Long Term Care division with 29.7% contribution.
CVS Health Corporation - Other Highlights
- Its operating income (income less operating expenses; before interest payments & taxes have been deducted ) came in at $3.62 Billion vs $2.23 Billion (Q4 2021); thats +62.33% gain.
CVS's CEO on Q4 2022 Results
Last year was defined by outperformance across our foundational businesses, robust cash flow from operations, and meaningful progress against our value-based care delivery strategy. 2022 was a year of progress, and we continue to build on that momentum with bold moves that will improve the healthcare experience... CVS Health Corp, CEO, Karen S. Lynch....
Is CVS Health Corporation - A Good Price and Good Company ?
- CVS continues to grow in size via strategic acquisition.
- Its 2022 definitive agreement to acquire Signify Health (leader in home Health Risk Assessments, value-based care & provider enablement with a network of more than 10,000 clinicians across all 50 states); is going bring forth further growth and revenue in 2023
- Its outlook for this year 2023 says its all - agree ?Refer to below diagram !
CVS Health Corporation - 2023 Outlook
- Do you think US health care related stocks are solid Long Term investments ?
- Do you think CVS is both a good price & good company ?
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