Walgreens Boots Alliance stock up 1.06%, outperforming S&P 500, but down 8.63% in past month

From Nasdaq: 2024-12-06 17:45:05

In the latest market close, Walgreens Boots Alliance (WBA) stock reached $8.56, up +1.06% from the previous day, outperforming the S&P 500. However, shares have fallen by 8.63% in the past month. Analysts project an EPS of $0.38 for the upcoming release, with revenue estimated at $37.2 billion for the quarter.

Investors should keep an eye on any analyst revisions for Walgreens Boots Alliance, as these can reflect changing business dynamics. The Zacks Rank system, which currently rates WBA as a #3 (Hold), has historically shown strong returns for stocks at #1 (Strong Buy). The company’s P/E ratio and PEG ratio are in line with industry averages.

Looking ahead, the Retail – Pharmacies and Drug Stores industry, to which Walgreens belongs, has an average PEG ratio of 0.98 and a Zacks Industry Rank of 224. Top-rated industries have historically outperformed lower-ranked ones. Stay updated on stock metrics at Zacks.com for future trading sessions.

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Read more at Nasdaq: Walgreens Boots Alliance (WBA) Outperforms Broader Market: What You Need to Know