Walgreen Company (WAG): Today's Featured Services Loser

Walgreen Company (WAG) pushed the Services sector lower today making it today's featured Services loser. The sector as a whole closed the day down 1.8%. By the end of trading, Walgreen Company fell $1.38 (-4%) to $32.75 on average volume. Throughout the day, 12.5 million shares of Walgreen Company exchanged hands as compared to its average daily volume of 8.4 million shares. The stock ranged in price between $32.70-$34.20 after having opened the day at $34.15 as compared to the previous trading day's close of $34.13. Other company's within the Services sector that declined today were: Bluefly (BFLY), down 17.4%, Oxygen Biotherapeutics (OXBT), down 16.5%, Inuvo (INUV), down 14%, and Stream Global Services (SGS), down 13%.

Walgreen Co., together with its subsidiaries, operates a chain of drugstores in the United States. Walgreen Company has a market cap of $29.94 billion and is part of the retail industry. The company has a P/E ratio of 11.6, equal to the average retail industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 12.4% year to date as of the close of trading on Friday. Currently there are 11 analysts that rate Walgreen Company a buy, two analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Walgreen Company as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income, largely solid financial position with reasonable debt levels by most measures, notable return on equity and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

• You can view the full Walgreen Ratings Report.

On the positive front, Winn-Dixie Stores (WINN), up 70.2%, Peoples Educational Holdings (PEDH), up 24.4%, Spar Group (SGRP), up 18.2%, and Innotrac Corporation (INOC), up 14.6%, were all gainers within the services sector with Buffalo Wild Wings (BWLD) being today's featured services sector winner.

• Use our services section to find sector-relevant news.
• Or find some new ideas from our top rated stocks lists.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the services sector could consider iShares Dow Jones US Cons Services (IYC) while those bearish on the services sector could consider ProShares Ultra Short Consumer Sers (SCC).

• Find other investment ideas from our top rated ETFs lists.

For more information on Walgreen Company click any of the following:

• Walgreen Company Stock Price

• Walgreen Company Analyst Ratings

• Walgreen Company Key Stats & Profile

• Walgreen Company Earnings

• Walgreen Company Ratio Comparison

• Walgreen Company Growth Rates

• Walgreen Company Balance Sheet

• Walgreen Company Cash Flow

• Walgreen Company Income Statement