Safe Haven Investment Portfolio Stocks: CVS Health Corporation (NYSE:CVS), Exact Sciences Corporation (NASDAQ:EXAS)

CVS Health Corporation (NYSE:CVS) kept active in under and overvalue discussion, CVS holds price to book ratio of 2.27 that presents much better indicator to find market price of a share price over its book value of equity for investment valuation. In addition, the firm has price to earnings ratio of 15.92, which is authentic method to judge but not universal for all situation.

CVS Health (CVS) recently reported the company will launch Reduced Rx™, a prescription savings program that will offer discounts on certain medications through CVS Health’s pharmacy benefits manager, CVS Caremark directly to patients.

The program will help patients with high out of pocket costs afford essential medications.  Novo Nordisk will participate in the prescription savings program.  Through this program, CVS Health and Novo Nordisk will offer Novolin R, Novolin N and Novolin 70/30 human insulin at a cost of $25 per 10ml vial, which reflects a potential savings of as much as $100 for cash paying patients.

Fundament/ News Factor in Focus

Taking look on ratio analysis, CVS has forward price to earnings ratio of 12.29, compare to its price to earnings ratio of 15.92. Adding one more ration to find detail valuation of security, price to earnings growth ration that stands at 1.52. The co is presenting price to cash flow as 23.27 and while calculating price to free cash flow it concluded at 13.40, the low single digit may indicate stock is undervalued and vice versa. On other hand, keeping in mind stable cash flows but few growth prospects make traders to value lower.

The firm has price volatility of 1.03% for a week and 1.17% for a month. Its beta stands at 0.84 times. Narrow down four to firm performance, its weekly performance was -1.59% and monthly performance was -1.63%.

Exact Sciences Corporation (NASDAQ:EXAS) runs in leading trade, it jumping up 1.29% to traded at $20.40. EXAS attains analyst recommendation of 1.90 on scale of 1-5 with week’s performance of -2.58%. To find out the technical position of EXAS, it holds price to book ratio of 6.64 that unearth high-growth companies selling at low-growth prices, but it requires appropriate measurement approach. EXAS is presenting price to cash flow of 7.25.

EPS estimates indicating constrictive facts, the current year from sell-side analysts, Price to current year EPS stands at 4.60%, and looking further price to next year’s EPS is 32.40%. While take a short look on price to sales ratio, that was 22.70.

 

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