Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nasdaq  >  Walgreens Boots Alliance, Inc.    WBA

WALGREENS BOOTS ALLIANCE, INC.

(WBA)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Five leading health care companies lost over $65 billion in market cap YTD

share with twitter share with LinkedIn share with facebook
09/18/2020 | 06:19am EDT

Data presented by Buy Shares indicates that five selected leading public health care companies have cumulatively lost $65.59 billion in market capitalization. The slump is on a Year-to-Date basis.

Health care companies banking on coronavirus vaccine

Walgreens Boots Alliance is the biggest loser at $21.21billion. CVS Health is the second biggest loser at $20.81 billion followed by Cigna Corp at $13.88 billion.

From the research, Anthem Inc. market capitalization has plunged by $8.91 billion while Cardinal Health had the least loss at $0.78 billion.

Despite the widespread losses, UnitedHealth Group's market capitalization gained by a massive $16.73 billion. Johnson & Johnson also gained by $3.97 billion during the period under review.

Although the health care sector has registered a decline in market capitalization, several factors might spark a resurgence. According to the research report:

"The health care companies are banking on a possible vaccine to make a rebound in the market. Currently, there are over 70 vaccines under development, and companies that emerge first are likely to benefit from that. For example, Johnson & Johnson's positive change in market capitalization can be linked to the fact that the company is very active in vaccine searching. Additionally, the stock market is also depending on the vaccines to make a rebound. Positive news regarding the vaccine has seen other stocks make notable gains."

The research also overviewed the Year-to-Date returns for the selected companies. AmerisourceBergen Corp has the biggest returns at 13.84% followed by UnitedHealth Group at 4.27%. Elsewhere, Walgreens Boots Alliance has the worst returns at -38.47%. CVS Health had the second-worst returns at -22.63%.

The full story, statistics and information can be found here: https://buyshares.co.nz/2020/09/17/five-leading-health-care-companies-lost-over-65-billion-in-market-cap-ytd/

Contact: Justinas Baltrusaitis

Buyshares.co.nz

St Magnus House

3 Lower Thames Str

London

EC3R 6HE

justinas@learnbonds.com

.

(C) 2020 M2 COMMUNICATIONS, source M2 PressWIRE


Stocks mentioned in the article
ChangeLast1st jan.
CVS HEALTH CORPORATION -2.73% 56.57 Delayed Quote.-23.86%
JOHNSON & JOHNSON -3.32% 138.36 Delayed Quote.-5.12%
UNITEDHEALTH GROUP -3.13% 308 Delayed Quote.5.62%
WALGREENS BOOTS ALLIANCE, INC. -2.99% 34.59 Delayed Quote.-40.77%
share with twitter share with LinkedIn share with facebook
All news about WALGREENS BOOTS ALLIANCE, INC.
11:20aU.S. pharmacies attract new flu shot customers as coronavirus surges
RE
10/23WALGREENS BOOTS ALLIANCE : Further Expands COVID-19 Testing With Availability fo..
AQ
10/22WALGREENS BOOTS ALLIANCE : Expands Covid-19 Testing Services to Children
DJ
10/22WALGREENS : Further Expands COVID-19 Testing With Availability for Children Age ..
BU
10/19WALGREENS BOOTS ALLIANCE : CVS to hire 15,000 workers ahead of flu season, COVID..
RE
10/16WALGREENS BOOTS ALLIANCE : CVS, Walgreens to administer COVID-19 vaccines to U.S..
RE
10/16Regulatory Holdups Slow Ant Group's IPO Plans
DJ
10/16CVS HEALTH : Walgreens to Get Government Vaccine Deal for Long-Term Care Facilit..
DJ
10/16S&P 500 ends lower as investors eye stimulus impasse
RE
10/15WALGREENS BOOTS ALLIANCE : Management's discussion and analysis of financial con..
AQ
More news
Financials (USD)
Sales 2021 143 B - -
Net income 2021 3 175 M - -
Net Debt 2021 13 736 M - -
P/E ratio 2021 9,64x
Yield 2021 5,27%
Capitalization 31 173 M 31 173 M -
EV / Sales 2021 0,31x
EV / Sales 2022 0,29x
Nbr of Employees 277 000
Free-Float 61,2%
Chart WALGREENS BOOTS ALLIANCE, INC.
Duration : Period :
Walgreens Boots Alliance, Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends WALGREENS BOOTS ALLIANCE, INC.
Short TermMid-TermLong Term
TrendsNeutralBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 22
Average target price 39,61 $
Last Close Price 36,00 $
Spread / Highest target 19,4%
Spread / Average Target 10,0%
Spread / Lowest Target -8,33%
EPS Revisions
Managers
NameTitle
Stefano Pessina Executive Vice Chairman & Chief Executive Officer
James A. Skinner Executive Chairman
Ornella Barra Co-Chief Operating Officer
Alexander W. Gourlay Co-Chief Operating Officer
James Kehoe Global Chief Financial Officer & Executive VP
Sector and Competitors