For its fourth fiscal quarter (ending August 31), Walgreens Boots Alliance Inc (NASDAQ: WBA) has reported E.P.S. of $-3.48 compared to $-0.21 a year ago. This performance was $-3.84 short of the consensus estimate of $0.36. For the latest four quarters through August 31, E.P.S. were $-10.01 compared to $-3.57 a year ago.
Recent Price Action
Walgreens Boots Alliance Inc (NASDAQ: WBA) stock closed at $10.42 on 10/15/24 after a major increase of 15.8%. Moreover, this advance was accompanied by exceptionally high trading volume at 436% of normal. The stock has risen 17.5% during the last week but has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
WBA’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
Walgreens Boots Alliance has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Walgreens Boots Alliance has a very high Appreciation Score of 96 but a very low Power Rating of 1, with the Low Neutral Value Trend Rating the result.
Rating Review
In light of this new information and very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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