Most brokerages (15 of 24) rate CVS stock as a Buy or Strong Buy, with a 12-month consensus price target of $87.25. At about $76.35 per share, the upside potential on the stock about 14.3%. At the high target of $102, upside potential is nearly 34%.
Analysts have forecast first-quarter EPS of $1.71, down about 10.5% compared with the year-ago quarter. Revenue is expected to increase by 2.4% to $68.39 billion. For the full year, analysts are looking for EPS of $7.51 on sales of $280.09 billion. In 2020, CVS reported EPS of $7.50 and sales of $268.71 billion.
CVS stock trades at 10.1 times expected 2021 EPS, 9.4 times estimated 2022 earnings and 8.7 times estimated 2023 earnings. The stock’s 52-week range is $55.36 to $77.44, and CVS pays an annual dividend of $2.00 per share (yield of 2.62%).
Pharmaceutical giant Pfizer Inc. (NYSE: PFE) is scheduled to report first-quarter results before markets open on Tuesday. The stock added just over 3% to its value last year, including a jump that lifted the shares by 20% after the company’s jointly developed vaccine against COVID-19 was approved for use. The stock has added another 6% since the beginning of the year. A ban prohibiting the company from exporting any of the vaccine expired on March 31, and the company has begun shipping doses to Mexico.
Recent analyst ratings tilt slightly to Buy or Strong Buy (12 of 22). The consensus price target on the stock is $40.69, implying an upside potential of 5.4% at a recent price of $38.59. At the high target of $53, potential upside is around 37%.
Pfizer is expected to report first-quarter EPS of $0.78 (down two cents year over year) on revenue of $13.64 billion, an increase of 13.4% year over year. For the full fiscal year, Pfizer is expected to post EPS of $3.38 (up 52% year over year) on sales of $63.23 billion (up nearly 51%).
Pfizer stock trades at 11.6 times expected 2021 EPS, 12.5 times estimated 2022 earnings and 12.1 times estimated 2023 earnings. The stock’s 52-week range is $29.99 to $43.08. The Dow Jones industrial average component pays an annual dividend of $1.56 (yield of 4.04%).
Athletic apparel maker Under Armour Inc. (NYSE: UAA) saw its share price sink by more than 20% in 2020, due largely to a sharp downturn in sports participation during the pandemic lockdowns. The company’s share price finally broke above the flat line in late September, and the stock has gained more than 123% since then. Improved revenue is down to the direct-to-consumer and e-commerce businesses.
Analysts have chosen a wait-and-see attitude on the stock, though, with 19 of 33 brokers rating the stock a Hold. Only four rate the stock a Buy or Strong Buy, and 10 rate the shares at Underperform or Sell. The stock’s current price of around $24.60 is more than a dollar above its consensus price target. At the high target of $30, upside potential is around 22%.
For the March quarter, Under Armour is expected to report EPS of $0.03, up 37 cents compared to the year-ago quarter. Revenue is forecast to rise by 21% to $1.13 billion. For the full fiscal year, Under Armour is forecast to post EPS of $0.20, compared to a loss per share of $0.26 last year. Revenue is expected to climb by about 10% to $4.92 billion.
Under Armour stock trades at 120.1 times expected 2021 EPS, 68.7 times estimated 2022 earnings and 44.5 times expected 2023 earnings. The stock’s 52-week range is $7.15 to $24.75, and the high was posted Friday morning. The company does not pay a dividend.
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