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MarketScreener Homepage  >  Equities  >  Nyse  >  CVS Health Corporation    CVS

CVS HEALTH CORPORATION

(CVS)
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CVS to hire 15,000 workers ahead of flu season, COVID-19 vaccines

10/19/2020 | 07:01am EST
The CVS logo is seen at one of their stores in Manhattan, New York, U.S.

(Reuters) - U.S. pharmacy chain CVS Health Corp on Monday said it will hire 15,000 employees in the fourth quarter of this year as the onset of winter could fuel a resurgence in the spread of COVID-19 and flu cases.

More than 10,000 of the additional employees will be full- and part-time licensed pharmacy technicians at its pharmacy locations and could help administer COVID-19 vaccines and tests.

News of additional hiring was first reported by CNBC.

The current hirings are incremental to the company's recruiting efforts announced in March.

In March, the drugstore chain said it was hiring 50,000 employees across the United S
tates to assist patients and customers battling the coronavirus outbreak. (https://reut.rs/35ghr72)

Last week, the U.S. government signed agreements with CVS and Walgreens Boot Alliance to administer COVID-19 vaccines to residents of all long-term care facilities such as nursing homes, assisted-living facilities, residential care homes and adult family homes.

U.S. public health officers have been drafting plans on how to distribute a coronavirus vaccine if and when it is authorized. The U.S. Centers for Disease Control and Prevention (CDC) had set an Oct. 16 deadline for states to submit plans for distributing vaccines.

(Reporting By Mrinalika Roy and Manojna Maddipatla in Bengaluru, Editing by Sherry Jacob-Phillips)


© Reuters 2020
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Financials (USD)
Sales 2020 268 B - -
Net income 2020 7 500 M - -
Net Debt 2020 55 969 M - -
P/E ratio 2020 12,0x
Yield 2020 2,95%
Capitalization 88 731 M 88 731 M -
EV / Sales 2020 0,54x
EV / Sales 2021 0,49x
Nbr of Employees 290 000
Free-Float 75,4%
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Technical analysis trends CVS HEALTH CORPORATION
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Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 28
Average target price 82,46 $
Last Close Price 67,79 $
Spread / Highest target 50,5%
Spread / Average Target 21,6%
Spread / Lowest Target -2,64%
EPS Revisions
Managers
NameTitle
Larry J. Merlo President, CEO & Non-Independent Director
David Wyatt Dorman Chairman
Jonathan C. Roberts Chief Operating Officer & Executive Vice President
Eva C. Boratto Chief Financial Officer & Executive Vice President
Troyen A. Brennan Chief Medical Officer & Executive Vice President