Walgreens Boots Alliance(WBA)

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Walgreens: Undervalued Pharma Giant Poised For A Turnaround Amid Cost-Cutting And Activist Investor Potential
Seeking Alpha· 2024-10-23 15:30
Walgreens Boots Alliance (NASDAQ: WBA ) is significantly undervalued. According to the recently reported 10-K , the company's adjusted diluted EPS (non-GAAP measure) was $2.88. Based on this adjusted EPS and sell-side analyst consensus for 2025, the company is currently trading atAnalyst’s Disclosure: I/we have a beneficial long position in the shares of WBA either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compen ...
Walgreens Stock Slides as Analysts Question Store-Closure Impact
Investopedia· 2024-10-22 21:00
Stock Performance and Analyst Actions - Walgreens Boots Alliance stock tumbled 6.9% to close at $9.73 on Tuesday following a price target cut by TD Cowen from $16 to $14 [1] - The stock has declined 63% year-to-date in 2024, despite a 15% surge on October 15 following the strategic announcement [2][3] Earnings and Profit Forecasts - TD Cowen reduced its full-year adjusted EPS forecast for Walgreens to $1.54 from $1.71 for fiscal 2025, citing the impact of store closures [1] - Analysts anticipate further year-over-year EPS decline in fiscal 2026 but expect a return to earnings growth by fiscal 2027 [1] Store Closure Strategy - Walgreens plans to close approximately 1,200 underperforming stores over the next three years, with 500 closures expected in fiscal 2025 [2] - The company claims the initial closures will be "immediately accretive to adjusted EPS and free cash flow" [2] - The market initially reacted positively to the store optimization plan, but TD Cowen's revised outlook raises questions about the timing and extent of profitability improvements [2]
Walgreens and Dion's Chicago Dream Join Forces to Host a Dream Vault Smart Locker in Gage Park Store
Prnewswire· 2024-10-22 18:56
The Dream Vault will provide free, high-quality produce to more than 175 local households per week CHICAGO, Oct. 22, 2024 /PRNewswire/ -- To improve health equity and food security in the Chicago market, Walgreens is joining forces with non-profit Dion's Chicago Dream to host a Dream Vault smart locker at the company's Gage Park location at 55th and Kedzie (5435 S. Kedzie Avenue Chicago, IL). The Dream Vault is part of a collaboration between Dion's Chicago Dream and Walgreens to provide free, high-quality ...
Walgreens Stock Rally: 4 Reasons WBA Could Be a Strong Buy
MarketBeat· 2024-10-22 11:15
Walgreens Boots Alliance TodayWBAWalgreens Boots Alliance$10.45 -0.34 (-3.15%) 52-Week Range$8.22▼$27.05Dividend Yield9.57%Price Target$13.38Add to WatchlistWalgreens Boots Alliance Inc. NASDAQ: WBA is a leading global retail pharmacy and healthcare company. The stock is trading down 60% from its 52-week high and with a stock performance down 58.5% year-to-date (YTD). The market has punished this stock and its (remaining) top competitor, CVS Health Co. NYSE: CVS, in the retail/wholesale sector. Competition ...
Is Walgreens' Ultra-High-Yield Dividend in Jeopardy Again?
The Motley Fool· 2024-10-22 08:50
Income investors, beware.Walgreens Boots Alliance (WBA -3.15%) did something last week it hasn't done in quite a while: It made shareholders happy.The big pharmacy retailer and wholesaler announced in its fiscal 2024 fourth-quarter update that it plans to close around 1,200 stores over the next three years. The news caused Walgreens' shares to deliver the biggest gain so far in 2024. Despite Walgreens' recent bounce, the company still faces considerable uncertainty. Income investors especially have reason t ...
Walgreens: Latest Financials Aren't Comforting Enough
Seeking Alpha· 2024-10-22 08:08
Since the time I last wrote about the pharmacy chain Walgreens Boots Alliance (NASDAQ: WBA ) in July, until last week, the stock was down by 21%. This was expected, considering its weak fundamentals at the time, with no Manika is a macroeconomist with over 20 years of experience in industries including investment management, stock broking, investment banking. She also runs the profile Long Term Tips [LTT], which focuses on the generational opportunity in the green economy. Her investing group, Green Growth ...
Why Walgreens Boots Alliance Rallied This Week
The Motley Fool· 2024-10-18 16:44
The company's earnings provided some hope for a turnaround -- but there's a long way to go.Shares of Walgreens Boots Alliance (WBA) rallied 15.1% this week through Friday at 11:09 a.m. ET, according to data from S&P Global Market Intelligence.Walgreens reported earnings this week, and while the reported results don't look great in and of themselves, they beat analyst expectations. Furthermore, the company gave better-than-feared guidance for 2025. But does this week's positivity make the stock a buy?A turna ...
Walgreens Rallies on Store Closure Plan. Is the Stock a Buy Now?
The Motley Fool· 2024-10-18 12:15
Has Walgreens stock finally put in a bottom? It's been a very difficult year for Walgreens Boots Alliance (WBA -3.70%), but the stock was climbing higher following its fiscal fourth-quarter earnings report and the details of its store closure plan. Nonetheless, the stock is still down about 60% year to date. Let's look at Walgreens' most recent quarterly report, its store closure plan, and whether or not it's time to buy the stock. Earnings and store closures plan The issues that have been hampering Walgree ...
Why Did Walgreens Stock Rise 20%?
Forbes· 2024-10-18 11:00
Boston, MA - October 15: Walgreens has announced that about 1,200 stores will be closing in the ... [+] United States. (Photo by Pat Greenhouse/The Boston Globe via Getty Images)Boston Globe via Getty ImagesWalgreens recently reported its Q4’24 results (fiscal ends in August), with revenue and earnings exceeding our expectations. The company reported revenue of $37.5 billion and adjusted earnings of $0.39 per share, compared to our estimates of $34.9 billion, and $0.38, respectively. Not only did Walgreens ...
Walgreens: Cautious Optimism After Earnings (Rating Upgrade)
Seeking Alpha· 2024-10-17 17:53
Two months ago, I pitched a short on Walgreens Boots Alliance (NASDAQ: WBA ) on a 1-2 year time horizon, which surprisingly hit my price target in a much shorter time span. Since then, there has been littleI am a sophomore at USC (class of 2027) studying economics and accounting and aiming for an equity research-related career path, and Seeking Alpha serves as the place for me to put up all of my pitches. I conduct generalist equity research, but at the moment I am focusing on US based large-caps with 1-2 y ...