For its third fiscal quarter (ending May 31), Walgreens Boots Alliance Inc (NASDAQ: WBA) has reported E.P.S. of $0.40 compared to $0.14 a year ago. For the latest four quarters through May 31, E.P.S. were $-6.74 compared to $-3.84 a year ago.
Recent Price Action
On 6/27/24, Walgreens Boots Alliance Inc (NASDAQ: WBA) stock suffered a major decline of -22.2%, closing at $12.19. Moreover, exceptionally high trading volume at 962% of normal accompanied the decline. The stock has declined -24.3% during the last week and 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). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Walgreens Boots Alliance has a very high Appreciation Score of 89 but a very low Power Rating of 5, resulting in the Low Neutral Value Trend Rating.
Rating Review
In light of this new information and highly negative 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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