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

Walgreen Company ( WAG) pushed the Retail industry lower today making it today's featured Retail loser. The industry as a whole closed the day up 1.4%. By the end of trading, Walgreen Company fell $1.87 (-5.8%) to $30.09 on heavy volume. Throughout the day, 42.1 million shares of Walgreen Company exchanged hands as compared to its average daily volume of 7.6 million shares. The stock ranged in price between $29.86-$30.90 after having opened the day at $30.85 as compared to the previous trading day's close of $31.96. Other company's within the Retail industry that declined today were: QKL Stores ( QKLS), down 8.7%, J.C. Penney ( JCP), down 8.6%, ValueVision Media ( VVTV), down 3.9%, and Acorn International ( ATV), down 3.5%.

Walgreen Co., together with its subsidiaries, operates a chain of drugstores in the United States. Walgreen Company has a market cap of $27.44 billion and is part of the services sector. The company has a P/E ratio of 10.9, equal to the average retail industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 3.3% year to date as of the close of trading on Monday. Currently there are 11 analysts that rate Walgreen Company a buy, three analysts rate it a sell, and six 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, attractive valuation levels, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, Citi Trends ( CTRN), up 13.8%, Bon-Ton Stores ( BONT), up 10.3%, PC Connection ( PCCC), up 6.1%, and Stamps.com ( STMP), up 5.7%, were all gainers within the retail industry with Nordstrom ( JWN) being today's featured retail industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the retail industry could consider SPDR S&P Retail ETF ( XRT) while those bearish on the retail industry could consider ProShares Ultra Sht Consumer Goods ( SZK).

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