Analyst Ratings for Walgreens Boots Alliance Inc. (WBA)Updated: 2017-07-28
Analysts covering Walgreens Boots Alliance Inc. (NASDAQ:WBA) have given it a consensus rating of Overweight. Last month, WBA received an average rating of Overweight.
Of the 26 analysts covering the stock, 16 gave it a buy rating, 4 gave an overweight rating, 6 gave a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an increase of 1 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 0.
WBA was given price targets by several analysts. The most optimistic price target was 100, implying a possible profit of 26.94 percent. The lowest price target was 72, which equates to a potential downside of -8.61 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0.01 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 0.01 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.7 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.4 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 4 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 5 analysts that decreased their estimates. Over the same time period, 9 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of WBA to grow at a rate of 26.53 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. WBA has a PEG ratio of 0.75.
WBA has traded between a high of 88.00 and a low of 75.18 over the past year. Currently the stock is 4.79 percent higher than its low, and below the high by 10.48 percent. WBA has a P/E ratio of 19.84. Investors typically compare the P/E ratio to a company's peers in the industry. The WBA value stock report compares WBA to some of its peers using value stock charts. The stock has a market capitalization of $84.2 billion. WBA's next earnings release will be on 0000-00-00, which is days away.