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.
Many analysts weighed in on 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. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0.01 percent. The average change in earnings estimates over the last 90 days is 0.01 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0.7 percent. 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, 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 decreased their estimates.
Analysts estimate earnings of WBA to grow at a rate of 26.53 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, 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.
In the trailing 52-weeks, WBA hit 88.00 at the highest peak, while it's lowest trading point was 75.18. Today's price is 4.79 percent above the 52-week low, and below the high by 10.48 percent. 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 market cap of WBA is $84.2 billion. WBA's next earnings release will be on 0000-00-00, which is days away.