CVS
CVS Health Corporation Healthcare - Pharmacy & Healthcare Investor Relations →
CVS Health Corporation (CVS) closed at $78.35 as of 2026-02-02, trading 14.3% above its 200-week moving average of $68.54. The stock moved further from the line this week, up from 8.6% last week. The 14-week RSI sits at 51, indicating neutral momentum.
Over the past 2715 weeks of data, CVS has crossed below its 200-week moving average 31 times. On average, these episodes lasted 25 weeks. Historically, investors who bought CVS at the start of these episodes saw an average one-year return of +21.9%.
With a market cap of $99.5 billion, CVS is a large-cap stock. The company generates a free cash flow yield of 7.0%, which is healthy. Return on equity stands at 0.6%. The stock trades at 1.4x book value.
Over the past 33.2 years, a hypothetical investment of $100 in CVS would have grown to $1272, compared to $2849 for the S&P 500. CVS has returned 8.0% annualized vs 10.6% for the index, underperforming the broader market over this period.
In the past 12 months, corporate insiders have made 2 open-market purchases totaling $2,101,009.
Free cash flow has been declining at a -26.2% compound annual rate. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Growth of $100: CVS vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After CVS Crosses Below the Line?
Across 23 historical episodes, buying CVS when it crossed below its 200-week moving average produced an average return of +13.5% after 12 months (median +11.0%), compared to +9.5% for the S&P 500 over the same periods. 64% of those episodes were profitable after one year. After 24 months, the average return was +19.6% vs +20.4% for the index.
Each line shows $100 invested at the moment CVS crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
CVS has crossed below its 200-week MA 31 times with an average 1-year return of +21.9% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Jan 1974 | Apr 1975 | 62 | 66.1% | -2.4% | +32756.4% |
| Jul 1975 | Aug 1975 | 4 | 7.2% | +60.5% | +23533.5% |
| Sep 1975 | Sep 1975 | 1 | 0.3% | +61.7% | +23328.0% |
| Nov 1979 | Nov 1979 | 1 | 0.2% | +39.2% | +12791.0% |
| Dec 1979 | Jan 1980 | 1 | 0.8% | +37.8% | +12791.0% |
| Feb 1980 | Apr 1980 | 8 | 8.1% | +74.0% | +13371.1% |
| Nov 1987 | Dec 1987 | 4 | 10.0% | +43.2% | +2961.2% |
| Oct 1990 | Nov 1990 | 6 | 8.3% | +32.8% | +1869.6% |
| Nov 1991 | Dec 1991 | 5 | 3.9% | +36.1% | +1585.0% |
| Jul 1993 | Jul 1993 | 1 | 1.2% | -7.8% | +1375.7% |
| Sep 1993 | Oct 1993 | 4 | 1.3% | -11.1% | +1375.9% |
| Oct 1993 | Apr 1996 | 129 | 29.1% | -19.8% | +1384.4% |
| Dec 1999 | Dec 1999 | 1 | 3.3% | +83.1% | +679.0% |
| Feb 2000 | Mar 2000 | 2 | 10.5% | +99.4% | +712.9% |
| Jul 2000 | Aug 2000 | 1 | 0.6% | +0.1% | +583.0% |
| Jun 2001 | Nov 2003 | 125 | 46.4% | -20.2% | +537.1% |
| Dec 2003 | Jan 2004 | 6 | 3.7% | +31.5% | +588.1% |
| Mar 2004 | Apr 2004 | 4 | 2.4% | +50.7% | +581.8% |
| Sep 2008 | Jul 2009 | 42 | 25.1% | +11.8% | +266.9% |
| Nov 2009 | Jan 2010 | 9 | 10.6% | +5.0% | +288.5% |
| Jan 2010 | Feb 2010 | 4 | 7.3% | +7.7% | +248.1% |
| May 2010 | Dec 2010 | 28 | 18.4% | +13.8% | +240.8% |
| Jan 2011 | Mar 2011 | 7 | 3.0% | +35.1% | +249.2% |
| Aug 2011 | Aug 2011 | 2 | 3.1% | +37.2% | +240.7% |
| Nov 2016 | Nov 2019 | 156 | 32.9% | -3.0% | +39.3% |
| Jan 2020 | Feb 2020 | 1 | 2.5% | +9.0% | +40.4% |
| Feb 2020 | Nov 2020 | 36 | 20.3% | +18.8% | +60.9% |
| Mar 2023 | Dec 2023 | 40 | 14.6% | +7.7% | +18.3% |
| Jan 2024 | Feb 2024 | 5 | 5.0% | -34.7% | +12.1% |
| Feb 2024 | Mar 2024 | 2 | 4.1% | -6.9% | +15.2% |
| Apr 2024 | Aug 2025 | 72 | 40.9% | -10.8% | +14.0% |
| Average | 25 | — | +21.9% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02