For its first fiscal quarter (ending November 30), Walgreens Boots Alliance Inc (NASDAQ: WBA) has reported E.P.S. of $-0.08 compared to $-4.31 a year ago. This performance was $-0.72 short of the consensus estimate of $0.64. E.P.S. were $0.66 for the latest four quarters through November 30 versus $-3.44 for the same period a year ago.
Recent Price Action
Walgreens Boots Alliance Inc (NASDAQ: WBA) stock closed at $24.26 on 1/4/24 after a large decline of -5.1%. Moreover, trading volume in this decline was exceptionally high at 463% of normal. Relative to the market the stock has been extremely weak over the last nine months and has declined -8.8% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, WBA is expected to continue to be a major Value Builder.
Walgreens Boots Alliance has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Walgreens Boots Alliance has a good Appreciation Score of 73 but a very low Power Rating of 1, with the Negative Value Trend Rating the result.
Rating Review
In light of this new information and negative market action we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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