1125 N. Charles St, Baltimore, MD 21201. Today, Ben continues to run Sure Dividend to help individual investors build high quality income portfolios. Investors can capitalize on this by using the Zacks Rank. Top Cryptocurrencies To Buy In 2021? These revisions help to show the ever-changing nature of near-term business trends. Walgreens Boots Alliance Inc. [NASDAQ: WBA] stock went on a downward path that fall over -0.14% on Thursday, amounting to a one-week price decrease of less than -1.88%. Clearly the Walgreens share price has seen a recent uptick. These symbols will be available throughout the site during your session. Get … For Walgreens, that competitive advantage is a mix of its convenient and widespread retail locations — which tend to be at the corner of high traffic roads and its status as a well-known brand. Walgreens raised its 2021 forecast to mid-to-high single-digit growth in constant currency adjusted earnings per share from low single-digit adjusted EPS … Additionally, WBA stock has a $34 billion market capitalization and Walgreens generates $139.5 billion in annual revenue. This valuation marks a premium compared to its industry's average Forward P/E of 11.06. For Walgreens Boots Alliance stock forecast 2021, 7 predictions are offered for each month of 2021 with average Walgreens Boots Alliance stock forecast of $52.56, a high forecast of $54.99, and a low forecast of $51.34. All rights reserved. Article printed from InvestorPlace Media, https://investorplace.com/2020/12/best-stocks-for-2021-walgreens-boots-alliance-wba/. Finance and more. Walgreens Boots Alliance announced that its fiscal 2021 second quarter results exceeded expectations and the company raised its fiscal 2021 guidance. The Retail - Pharmacies and Drug Stores industry is part of the Retail-Wholesale sector. WALGREENS BOOTS ALLIANCE, INC. : Forcasts, revenue, earnings, analysts expectations, ratios for WALGREENS BOOTS ALLIANCE, INC. Stock | WBA | US9314271084 Create your Watchlist to save your favorite quotes on Nasdaq.com. Of the 21 analysts who cover the stock tracked by FactSet, 16 rate it a Hold. It is one of the two largest companies in its industry, the other being CVS Health (NYSE:CVS). Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. Walgreens Boots Alliance Inc on Thursday forecast a return to growth in profit next year, pinning hopes on shoppers coming back to its stores in … 3 Big Stories to Catch Up On. On average, analysts forecast that WBA's EPS will be $4.90 for 2021, with the lowest EPS forecast at $4.60, and the highest EPS forecast at $5.15. © 2021, Nasdaq, Inc. All Rights Reserved. Even a return to a more reasonable yyy ratio of 12 would result in 46% returns. But on a five-year view, the shares are down 30%. The dividend yield on the company stock is 3.55, while its Forward Dividend ratio is 1.87. On May 19, iconic growth investor Louis Navellier will reveal how his powerful quant-based stock system could accelerate your wealth and help fund your retirement. Want the latest recommendations from Zacks Investment Research? As such, positive estimate revisions reflect analyst optimism about the company's business and profitability. Walgreens Boots Alliance (NASDAQ:WBA) is a global pharmacy-led health enterprise, and WBA stock is one of the best to buy for 2021. Close price at the end of the last trading day (Friday, 7th May 2021) of the WBA … What Did the Stock Market Do Today? The Zacks Consensus EPS estimate has moved 1.84% lower within the past month. W all Street expects a year-over-year decline in earnings on lower revenues when Walgreens Boots Alliance (WBA) reports results for the quarter ended February 2021. Best Stocks For 2021: Walgreens Boots Alliance (WBA) Despite recent setbacks, Walgreens has a positive long-term growth outlook By Sure Dividend Dec 31, 2020, 2:06 pm EDT December 31, 2020 Walgreens Boots Alliance, Inc. (NASDAQ:WBA) announced its earnings results on Tuesday, March, 30th. WBA is currently sporting a Zacks Rank of #3 (Hold). Today, you can download 7 Best Stocks for the Next 30 Days. This company saw adjusted EPS decline just 7% in 2009 — the worst year of The Great Recession. Walgreens' valuation Walgreens has been trading at a fiscal 2021 PE ratio of 8.6x, which implies a discount of 39 percent to its last 10-year average valuation. CVS Health's share price declined by -8% in 2020 to close at $68.30 as of December 31, 2020, prior to rising by +5% year-to-date in 2021. Any recent changes to analyst estimates for WBA should also be noted by investors. Walgreens Boots said adjusted profits for the coming 2021 year should grow in the "low single-digit' percentage range, although the first half of the … This move lagged the S&P 500's daily gain of 1.49%. Today, that discovery is still the heart of the Zacks Rank. Walgreens Boots Alliance Inc Forecast, Short-Term " WBA" Stock Price Prognosis for Next Days Walletinvestor.com WBA Forecast, Long-Term Price Predictions for Next Months and Year: 2021, 2022 Nasdaq For comparison, Walgreens has traded with an average P/E ratio of around 15 over the last decade. This has outpaced the Retail-Wholesale sector's loss of 5.6% and the S&P 500's loss of 0.62% in that time. In fact, Walgreens and DoorDash (NYSE:DASH) recently announced an on-demand delivery collaboration. In 1978, our founder discovered the power of earnings estimate revisions to enable profitable investment decisions. This updated its previous guidance forecasting low single-digit growth. The Walgreens Boots Alliance (NASDAQ: WBA) share price has jumped over 30% since the beginning of the year. Cardano (ADA) Price Predictions: Where Will ADA Go Next After Hitting All-Time High? The company stock has a Forward Dividend ratio of 1.87, while the dividend yield is 3.39. Copy and paste multiple symbols separated by spaces. quotes delayed at least 15 minutes, all others at least 20 minutes. Additionally, another way to gauge valuation is by comparing a stock’s current dividend yield to its historical average dividend yield. Walgreens said averse impacts from the pandemic hit its first quarter earnings, but held to its growth forecast of the 2021 financial year. Do Not Sell My Personal Information (CA Residents Only). Investors will be hoping for strength from WBA as it approaches its next earnings release. Collectively, Walgreens provides an essential service: the filling of prescriptions. And, the company’s Walgreens.com sales and Boots.com sales grew 39% and 155%, respectively, in the company’s fiscal fourth quarter versus the same quarter a year ago. Walgreens Boots AllianceInc., which has a market valuation of $47.58 Billion, is expected to release its quarterly earnings report Jul 07, 2021- Jul 12, 2021. Copyright © The company’s dividend remains safe even during this difficult operating environment. Looking at its valuation, WBA is holding a Forward P/E ratio of 11.08. Walgreens Boots Alliance, Inc. (NASDAQ:WBA) - Stock analysts at Jefferies Financial Group boosted their Q3 2021 EPS estimates for Walgreens Boots Alliance in a research report issued on Wednesday, April 14th. While the stock is trading right near the average, analysts continue to view the prospects in a mostly positive light. Our forecast indicates that Walgreens’ valuation is around $49 ... Walgreens Q1 2021 adjusted earnings per share is expected to be $1.10 per ... or hear about everyday, impact its stock price. The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Mar 24, 2021 12:30PM EDT. View our earnings forecast for Walgreens Boots Alliance. Despite recent setbacks, Walgreens has a positive long-term growth outlook. From AI system, total return is 2081.37% from 1669 forecasts. To hit the forecast high, the stock’s price needs a +13.98% upsurge from its latest level, while the stock would need to tank -41.23% for it to hit the projected low. So is now a buying opportunity? I’m not convinced it is. Walgreens Boots Alliance Inc Stock Forecast, "WBA" Stock Predictons by days: 2021. (NASDAQ: WBA) Walgreens Boots Alliance's current Earnings Per Share (EPS) is -$0.69. When you include equity investments, Walgreens has a presence in more than 25 countries. Ben Reynolds’ pick for the contest is Walgreens Boots Alliance (NASDAQ:WBA). His work through Sure Dividend has appeared on Forbes, Fidelity, Motley Fool, The Street, Yahoo! The company’s retail pharmacy has proven to be resistant to e-commerce, and will benefit from an aging U.S. population and resulting demand increases for healthcare services. A survey of eighteen analysts on Yahoo Finance has an average price target of $54.22 per share for WBA, with forecasts ranging from $33 to $72. And people are unlikely to significantly cut spending on prescriptions and over the counter healthcare products, even during economic downturns. … This industry currently has a Zacks Industry Rank of 128, which puts it in the top 50% of all 250+ industries. It was founded in 1901 and now has more than 21,000 stores in 11 countries. A company can’t increase its dividend every year for 45 consecutive years without a durable competitive advantage. For the full year, our Zacks Consensus Estimates are projecting earnings of $4.89 per share and revenue of $133.38 billion, which would represent changes of +3.16% and -4.41%, respectively, from the prior year. Despite this, the company is trading for a low price-earnings (P/E) ratio of just 8.2 times expected fiscal 2021 adjusted earnings per share (EPS) of $4.98. How were Walgreens Boots Alliance's earnings last quarter? Walgreens Boots Alliance (WBA) Gains But Lags Market: What You Should Know, Tech is Here to Stay: Morgan Stanley's Simonetti, #TradeTalks: The rise of the retail trader and how to leverage Nasdaq U.S. equities market data, BitTorrent Has the Potential to Explode in 2021. Walgreens maintained fiscal 2021 forecast of low single-digit growth in adjusted EPS, after it beat analysts' estimates for adjusted first-quarter profit. However, the company hasn’t fared quite so well during the current novel coronavirus induced economic downturn. As a whole, the biggest catalyst for Walgreens is a “return to normal” from current COVID-19 conditions. When this occurs, the company’s valuation multiple is likely to see expansion resulting in solid returns for shareholders. Walgreens Boots Alliance (WBA) closed the most recent trading day at $54.71, moving +1.05% from the previous trading session. To read this article on Zacks.com click here. Ben Reynolds founded Sure Dividend in 2014. In the mean time, though, shareholders get “paid to wait” from the company’s high 4.7% dividend yield. Walgreens Boots Alliance Stock Price Forecast. How Far Can Cardano (ADA) Rise? A wealth of resources for individual investors is available at www.zacks.com. 1125 N. Charles St, Baltimore, MD 21201. Thus, Walgreens is significantly undervalued when compared to its historical averages. About the Walgreens Boots Alliance, Inc. stock forecast As of 2021 May 11, Tuesday current price of WBA stock is 54.490$ and our data indicates that the asset price has been in an uptrend for the past 1 year (or since its inception). As a result, Walgreens is recession-resistant. In fact, Walgreens adjusted EPS declined year-over-year, despite sales rising 2% YOY. The stock is also up 30% during the past 12 months. Retail - Pharmacies and Drug Stores stocks are, on average, holding a PEG ratio of 1.64 based on yesterday's closing prices. Walgreens Boots Alliance (NASDAQ:WBA) is a global pharmacy-led health enterprise, and WBA stock is one of the best to buy for 2021. Despite recent setbacks, Walgreens has a positive long-term growth outlook. Walgreens Boots Alliance, Inc., whose market valuation is $45.2 Billion at the time of this writing, is expected to release its quarterly earnings report Jul 07, 2021- Jul 12, 2021. For fiscal 2021, it now expects to bring in as much as $1 billion -- an 18% upgrade from $850 million, which was the top end of its previous forecast. On the date of publication, Ben Reynolds was long WBA stock. Write to [email protected] Shiba Inu (SHIB) Price Predictions: Where Will SHIB Go After Binance Listing? The company report on March 15, 2021 that Walgreens Calls for Diverse Local and Regional Vendor Participation Nationwide at the Loc WBA stock raised fiscal 2021 guidance to mid-to-high single digit growth in both total and continuing operations. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. Best Stocks For 2021: Walgreens Boots Alliance (WBA), 7 Dividend Stocks to Avoid in Your Retirement Portfolio, Louis Navellier and the InvestorPlace Research Staff. Editor’s note: This column is part of InvestorPlace.com’s Best Stocks for 2021 contest. Thirteen analysts who offered stock ratings for Walgreens Boots Alliance in the last three months forecast the … According to analyst projections, WBA’s forecast low is $33 with $64 as the target high. Source: by InvestorPlace Overall, Walgreens is a … Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Walgreens Boots Alliance Inc. is expected to release its quarterly report on 07/01/2021 and quarterly earnings per share for the current quarter are estimated at $1.11 with sales reaching $35.48B over the same period.The EPS is expected to shrink by -88.00% this year, but quarterly earnings will post 1.30% year-over-year. You can find more information on all of these metrics, and much more, on Zacks.com. Walgreens stock’s average dividend yield over the last decade is 2.4%. And with a 45-year streak of consecutive dividend increases, it’s very likely that Walgreens’ management continues to increase dividends in the year ahead. Walgreens forecasts 2021 profit growth after fourth-quarter earnings beat. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Zacks is the leading investment research firm focusing on stock research, analysis and recommendations. Founder discovered the power of earnings estimate revisions reflect analyst optimism about the company is expected to report of... Large and storied enterprise ) Walgreens Boots Alliance 's earnings last quarter yesterday... Is part of the 2021 financial year using the Zacks Consensus estimate for is. % of all 250+ industries while the dividend yield to its historical average dividend,! Wba is currently sporting a Zacks industry Rank of 128, which puts it walgreens stock forecast 2021 the 50! 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