Walgreens Boots Alliance (WBA) Ascends While Market Falls: Some Facts to Note

Company Performance - Walgreens Boots Alliance (WBA) ended the recent trading session at $11.23, showing a +1.72% increase from the previous day's closing price, outperforming the S&P 500 which fell by 1.59% [1] - Over the past month, WBA shares have decreased by 1.87%, underperforming the Retail-Wholesale sector's gain of 0.87% and the S&P 500's loss of 2.23% [2] Upcoming Earnings - The upcoming earnings release is highly anticipated, with projected EPS at$ 0.53, indicating a significant 55.83% decline compared to the same quarter last year. Revenue is expected to reach $38.07 billion, reflecting a 2.75% increase year-over-year [3] - For the full year, analysts expect earnings of$ 1.60 per share and revenue of $151.57 billion, representing changes of -44.44% and +2.65% respectively from the previous year [4] Analyst Estimates - Recent changes to analyst estimates suggest a positive outlook for WBA, with upward revisions indicating confidence in the company's performance and profit potential [5] - The Zacks Rank system, which assesses estimate changes, currently ranks WBA at 2 (Buy), with a 0.76% upward shift in the consensus EPS estimate over the past month [7] Valuation Metrics - WBA has a Forward P/E ratio of 6.9, which is higher than the industry average Forward P/E of 5.93, indicating a premium valuation [8] - The company has a PEG ratio of 1.38, compared to the industry average PEG ratio of 0.83, suggesting that WBA's valuation considers its expected earnings growth [9] Industry Context - The Retail - Pharmacies and Drug Stores industry, part of the Retail-Wholesale sector, holds a Zacks Industry Rank of 3, placing it in the top 2% of over 250 industries, indicating strong performance potential [10]