FMP
Nov 20, 2021 12:24 AM - Davit Kirakosyan
CVS Health Corporation (NYSE:CVS) announced a major reorganization, according to which it is going to shutter around 900 stores over the next three years, closing about 300 stores per year beginning in H1/22, eventually closing almost 10% of its stores.
Additionally, the company will redesign a number of its stores around three formats: locations dedicated to offering primary care services, an enhanced version of HealthHUB locations, and traditional legacy CVS Pharmacy stores.
As part of the reorganization, the company will take a $1.0-$1.2 billion charge to exit these locations. The company anticipates the changes to be non- material to adj. EPS in 2021/2022, but slightly accretive in 2023.
Sep 11, 2023 - Rajnish Katharotiya
During this post we are going to perform an industry analysis with Python. We will build, analyse and compare all stocks operating within an industry. To do so, we will pick an industry and get all important financial metrics for companies operating in that industry. Then, we will use a couple of fi...
Sep 11, 2023 - Rajnish Katharotiya
Price to Earnings is one of the key metrics use to value companies using multiples. The P/E ratio and other multiples are relative valuation metrics and they cannot be looked at in isolation. One of the problems with the P/E metric is the fact that if we are in the peak of a business cycle, earni...
Sep 11, 2023 - Rajnish Katharotiya
Would you like to know how your portfolio is performing and how much risk you are taking? In this post, you will learn how to measure portfolio risk and calculate portfolio returns using Python. We will see step by step how to calculate the risk and returns of a portfolio containing four stocks Appl...