WBA vs. CVET, RAD, CVS, YI, PETS, CJJD, AZO, ROST, JD, and CPNG
Should you be buying Walgreens Boots Alliance stock or one of its competitors? The main competitors of Walgreens Boots Alliance include Covetrus (CVET), Rite Aid (RAD), CVS Health (CVS), 111 (YI), PetMed Express (PETS), China Jo-Jo Drugstores (CJJD), AutoZone (AZO), Ross Stores (ROST), JD.com (JD), and Coupang (CPNG).
Covetrus (NASDAQ:CVET) and Walgreens Boots Alliance (NASDAQ:WBA) are both computer and technology companies, but which is the better investment? We will compare the two businesses based on the strength of their institutional ownership, community ranking, analyst recommendations, dividends, profitability, media sentiment, risk, earnings and valuation.
Walgreens Boots Alliance has a consensus price target of $23.57, suggesting a potential upside of 48.81%. Given Covetrus' higher possible upside, analysts plainly believe Walgreens Boots Alliance is more favorable than Covetrus.
In the previous week, Walgreens Boots Alliance had 17 more articles in the media than Covetrus. MarketBeat recorded 17 mentions for Walgreens Boots Alliance and 0 mentions for Covetrus. Covetrus' average media sentiment score of 0.47 beat Walgreens Boots Alliance's score of 0.00 indicating that Walgreens Boots Alliance is being referred to more favorably in the news media.
Walgreens Boots Alliance received 1041 more outperform votes than Covetrus when rated by MarketBeat users. Likewise, 66.02% of users gave Walgreens Boots Alliance an outperform vote while only 54.17% of users gave Covetrus an outperform vote.
92.2% of Covetrus shares are held by institutional investors. Comparatively, 58.6% of Walgreens Boots Alliance shares are held by institutional investors. 0.4% of Covetrus shares are held by insiders. Comparatively, 17.4% of Walgreens Boots Alliance shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
Covetrus has a beta of 1.51, indicating that its stock price is 51% more volatile than the S&P 500. Comparatively, Walgreens Boots Alliance has a beta of 0.78, indicating that its stock price is 22% less volatile than the S&P 500.
Covetrus has a net margin of -0.28% compared to Covetrus' net margin of -4.18%. Covetrus' return on equity of 12.11% beat Walgreens Boots Alliance's return on equity.
Covetrus has higher earnings, but lower revenue than Walgreens Boots Alliance. Covetrus is trading at a lower price-to-earnings ratio than Walgreens Boots Alliance, indicating that it is currently the more affordable of the two stocks.
Summary
Walgreens Boots Alliance beats Covetrus on 11 of the 17 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding WBA and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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