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.
A number of analysts gave price targets for WBA. The highest price target was 100, implying potential capital gains of 26.94 percent. The most pessimistic 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.
Analysts have revised their earnings estimates upwards for this quarter, by about 0.01 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 0.01 percent. Meanwhile, fiscal year estimates have been revised upwards by 0.7 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.4 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 4 analysts have revised their quarterly estimates upwards in the past 30 days, while 5 analysts revised their estimates downwards. Also over the last month, 9 analysts increased their estimates for the FY earnings, 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. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of WBA is 0.75.
In the trailing 52-weeks, WBA hit 88.00 at the highest peak, while it's lowest trading point was 75.18. The current market price is above the trailing year's low by 4.79 percent, and 10.48 percent below the high. WBA has a price/earnings 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 will post this quarters earnings in days, on 0000-00-00.