The normal P/E, blue line, during this period is 12.9x earnings, while now it sells for 6.81x earnings, very low for a P/E. WBA 10 year Technical Analysis Price Earnings (FASTgraphs June 12, 2023) The earnings or dark green area in the graph supports easily the white dividend line. The FG below reveals earnings and offers numerous other technical metrics along with FAST Facts on the right side of it. WBA 10 year Price chart information (Seeking Alpha June 14th, 2023)įASTgraph/ FG below is shown for 10 years: 8 years of actual metrics and about 1.5 years of estimates using dotted lines.įG offers the same similar looking downward price, the black line, in the chart, but it does show the undervaluation not to be seen just looking only at the price. Note the price is starting to move up from the last low and is now ~$31.95. The SA 10-year price chart below is certainly quite eye opening and shows the down trend in price quite well. YF lists a 1-year price target of $40, definitely not as optimistic as M*. Pricing Targets for WBA (Morningstar June 12th, 2023) The suggested pricing from them is shown below. M* analysts give it a 5-star undervaluation rating and a suggested cheap buy price of $33.60 which it is now definitely at or below today. It has been disappointing in price for almost 8 years now, moving primarily from a high of ~$99 in 2015 to a low of under $29 just recently. It still maintains a BBB S&P credit rating. It more recently sold 10.8 million shares of Option Care Health for $330 million to now complete the exit from the home infusion provider. All of these new additions, including other recent pickups, Shields Health Solutions and Care Centrix, have performed well and will add to the healthcare experience. It also has pursued and has merged with CityMD in NY and NJ to increase its presence in specialty and urgent care. Village Health and Summit Health rounds out its expansion into hospital and wellness care. It completely now owns the German wholesaler GEHE Pharma Handel (GEHE) and Alliance Healthcare Deutschland (AHD) purchasing the remainder from McKesson. It has its own line of health, beauty and wellness products launched in April 2021 under the name "No. In the US it has over 8500 locations which allows almost 75% of all Americans having a location within 5 miles to patronize. Walgreens, a pharmaceutical healthcare and beauty product retailer since 1901, is headquartered in Deerfield, IL. LeoWolfert/iStock via Getty Images Walgreens Boots Alliance ( NASDAQ: WBA)
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