Walgreens Boots Alliance Inc (NASDAQ: WBA) has reported a loss for its second fiscal quarter (ending February 28) of $-6.85 versus $0.81 for the same period a year ago. For the latest four quarters through February 28, E.P.S. were $-7.00 versus $-3.65 for the same period a year ago.
Recent Price Action
On 3/28/24, Walgreens Boots Alliance Inc (NASDAQ: WBA) stock enjoyed a large increase of 3.2%, closing at $21.69. Moreover, exceptionally high trading volume at 269% of normal accompanied the advance. The stock has been weak relative to the market over the last nine months but has risen 2.8% during the last week.
Current PriceTarget Research Rating
WBA is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Walgreens Boots Alliance has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR's two proprietary measures of a stock's attractiveness. Walgreens Boots Alliance has a good Appreciation Score of 81 but a poor Power Rating of 21, resulting in the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.