Walgreens Boots Alliance(US:WBA) ZACKSยท2024-12-12 23:50Company Performance - Walgreens Boots Alliance (WBA) closed at $9.73, reflecting a -1.12% change from the previous session, which is less than the S&P 500's daily loss of 0.54% [1] - Over the last month, WBA's shares increased by 8.97%, outperforming the Retail-Wholesale sector's gain of 6.47% and the S&P 500's gain of 1.5% [1] Upcoming Earnings Report - The company is set to release its earnings report on January 9, 2025, with expected earnings of $0.39 per share, indicating a year-over-year decline of 40.91% [2] - The consensus estimate for revenue is $37.2 billion, representing a 1.35% increase compared to the same quarter of the previous year [2] Full Year Estimates - For the full year, the Zacks Consensus Estimates project earnings of $1.53 per share and revenue of $149.06 billion, showing changes of -46.88% and +0.95% respectively from the previous year [3] Analyst Estimates and Market Sentiment - Recent changes to analyst estimates for WBA reflect shifting business dynamics, with positive revisions indicating a favorable outlook on the company's health and profitability [4] - The Zacks Rank system, which assesses stock performance based on estimate changes, currently ranks WBA at 3 (Hold) [6] Valuation Metrics - WBA has a Forward P/E ratio of 6.45, which is in line with the industry average [7] - The PEG ratio for WBA is 1.29, compared to the industry average PEG ratio of 0.89, indicating a higher expected earnings growth trajectory [8] Industry Context - The Retail - Pharmacies and Drug Stores industry, to which WBA belongs, has a Zacks Industry Rank of 224, placing it in the bottom 11% of over 250 industries [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [9]