Walgreen Company (WAG): Today's Featured Retail Winner
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
.
(
) pushed the Retail industry higher today making it today's featured retail winner. The industry as a whole closed the day up 0.1%. By the end of trading, Walgreen Company rose 55 cents (1.6%) to $35.76 on light volume. Throughout the day, six million shares of Walgreen Company exchanged hands as compared to its average daily volume of 9.8 million shares. The stock ranged in a price between $35.37-$35.92 after having opened the day at $35.40 as compared to the previous trading day's close of $35.21. Other companies within the Retail industry that increased today were:
(
), up 10.5%,
Alon Holdings Blue Square - Israel
(
), up 7.1%,
(
), up 6.6%, and
(
), up 5.3%.
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Walgreen Co., together with its subsidiaries, operates a chain of drugstores in the United States. Walgreen Company has a market cap of $30.3 billion and is part of the
sector. The company has a P/E ratio of 12.2, equal to the average retail industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 6.5% year to date as of the close of trading on Thursday. Currently there are eight analysts that rate Walgreen Company a buy, one analyst rates it a sell, and 10 rate it a hold.
TheStreet Ratings rates Walgreen Company as a
. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures, notable return on equity and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full Walgreen Ratings Report.
On the negative front,
(
), down 14.9%,
(
), down 9.4%,
(
), down 7.1%, and
(
), down 6.3%, were all laggards within the retail industry with
(
) being today's retail industry laggard.
- Use our retail section to find industry-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 retail industry could consider
(
) while those bearish on the retail industry could consider
ProShares Ultra Sht Consumer Goods
(
).
- Find other investment ideas from our top rated ETFs lists.
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