<p><img src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2024/07/Walgreens.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2024/07/Walgreens.jpg"/></p>
<p>沃尔格林联合博姿（NASDAQ: WBA）股价暴跌。在过去连续三周下跌，并跌至 1998 年以来的最低点。股价比 2015 年最高点下跌超过 85%。这意味着 2015 年投资该股票的 1 万美元现在不到 1500 美元。</p>
<h2>沃尔格林为何崩溃</h2>
<p>沃尔格林联合博姿，美国第二大药店连锁店，已成为最近被道琼斯指数剔除的堕落天使。</p>
<p>尽管公司年收入从 2017 年的 1200 多亿美元增长到上一财年的 1390 多亿美元，但其表现仍然糟糕。尽管收入增长，但公司净收入从超过 398 亿美元下降到过去十二个月的 58 亿美元净亏损。</p>
<p>这些亏损大部分是在公司对其 VillageMD 投资进行 60 亿美元的大额减值后发生的。因此，VillageMD 现在将关闭 160 多家诊所，专注于人口密集地区。</p>
<p>最近，公司正在努力将其业务与 Boots 分开，这笔交易可能使这家药店提供商的估值达到 70 亿英镑。此次出售是在沃尔格林完成对 Boots 收购十年后进行的。</p>
<p>沃尔格林股价暴跌还有其他几个原因。首先，由于消费者行为的改变，药店行业面临重大挑战。许多客户已转向沃尔玛和亚马逊等新型药店公司购买药品。</p>
<p>其次，沃尔格林继续发布令人失望的数据，未达到分析师的预期。其最新业绩显示，其销售额从 2023 年同期的 354 亿美元略微增长至 363.5 亿美元。其九个月营收达到 1100 亿美元。</p>
<h2>商店格式正在改变</h2>
<p>长期以来，沃尔格林和 CVS 等公司采用简单的商业模式。他们在店内提供处方药，并在店内销售牙膏和洗发水等其他产品。</p>
<p>在盗窃行为加剧和各州继续提高最低工资的背景下，这种模式已不再奏效。因此，由于盗窃行为变得普遍，利润率在过去几年持续下降。</p>
<p>沃尔格林的毛利率已降至 18.38%，低于 35.5% 的行业平均水平。其五年平均值为 20.55%。其 EBITDA 利润率为 2.50%，低于 13.10% 的行业中位数。</p>
<p>公司现在正在改变其商店的外观。首先，它专注于较小的商店，并将大部分药品移到柜台后以减少盗窃。</p>
<h2>沃尔格林会破产吗？</h2>
<p>持续下跌的沃尔格林股价引发了关于该公司是否会像 Rite Aid 一样破产的担忧。</p>
<p>我认为沃尔格林不会面临破产风险。从其资产负债表来看，上个季度末，公司现金和交易性证券超过 7.11 亿美元。</p>
<p>它还只有 6000 万美元的短期投资和超过 74 亿美元的长期债务。在今年或 2024 年完成其 Boots 分拆后，它有能力偿还大部分债务。此次出售将有助于它处理明年价值 14 亿美元和 2026 年价值 28.2 亿美元的到期债务。</p>
<p>然而，显而易见的是，随着竞争加剧和运营成本上升，该公司将继续面临困难。</p>
<p><img src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2024/07/Walgreens-maturities-1024x250.jpeg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2024/07/Walgreens-maturities-1024x250.jpeg"/></p>
<p><em>沃尔格林到期债务</em></p>
<h2>沃尔格林股价分析</h2>
<p><img src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2024/07/Walgreens-stock-1024x570.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2024/07/Walgreens-stock-1024x570.png"/></p>
<p>WBA 图表由 TradingView 提供</p>
<p>从技术上看，该股票始终保持在所有移动平均线下方。在周线图上，它跌破了关键支撑水平 27.67 美元，这是 2022 年 10 月和 2020 年 10 月的最低点。</p>
<p>相对强弱指数（RSI）已降至极度超卖水平 21。虽然这可能是买入信号，但也表明空头势头强劲。事实上，平均趋向指数（ADX）已上升至将近 40。因此，该股票很可能很快跌破 10 美元。</p>
<p>文章来源：Invezz，沃尔格林股价分析：是否会破产？</p>

沃尔格林联合博姿

<p>沃尔格林（纳斯达克股票代码：WBA）股价暴跌，跌至自 1998 年以来的最低点，比 2015 年最高点下跌超过 85%。该公司面临着来自消费者行为变化和新型药店公司竞争的挑战。然而，公司并未面临破产风险，并具备足够的财务实力来处理债务。该股目前低于所有移动平均线，可能会继续下跌</p>

<p><img src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2024/07/Walgreens.jpg" alt="" original-src="https://invezz.com/wp-content/uploads/2024/07/Walgreens.jpg"/></p>
<p>The Walgreens (NASDAQ: WBA) stock price has fallen apart. It has crashed in the past three consecutive weeks and moved to its lowest point since 1998. The stock has plunged by more than 85% from its highest point in 2015. This means that a $10,000 invested in the stock in 2015 would be worth less than $1,500.</p>
<div class="lb-trans"><p>沃尔格林联合博姿（NASDAQ: WBA）股价暴跌。在过去连续三周下跌，并跌至 1998 年以来的最低点。股价比 2015 年最高点下跌超过 85%。这意味着 2015 年投资该股票的 1 万美元现在不到 1500 美元。</p>
</div><h2>Why Walgreens is imploded</h2>
<div class="lb-trans"><h2>沃尔格林为何崩溃</h2>
</div><p>Walgreens Boots Alliance, the second-biggest pharmacy chain the US, has become a fallen angel that was recently booted from the Dow Jones index.</p>
<div class="lb-trans"><p>沃尔格林联合博姿，美国第二大药店连锁店，已成为最近被道琼斯指数剔除的堕落天使。</p>
</div><p>This performance happened even after the company’s annual revenue rose from over $120 billion in 2017 to over $139 billion in the last financial year. While its revenue has risen, the company’s net income has moved from over $3.98 billion to a net loss of $5.8 billion in the trailing twelve months.</p>
<div class="lb-trans"><p>尽管公司年收入从 2017 年的 1200 多亿美元增长到上一财年的 1390 多亿美元，但其表现仍然糟糕。尽管收入增长，但公司净收入从超过 398 亿美元下降到过去十二个月的 58 亿美元净亏损。</p>
</div><p>Most of these losses came after the company made a big $6 billion write-down of its VillageMD investment. As a result, VillageMD will now close over 160 clinics to focus on densely populated areas.</p>
<div class="lb-trans"><p>这些亏损大部分是在公司对其 VillageMD 投资进行 60 亿美元的大额减值后发生的。因此，VillageMD 现在将关闭 160 多家诊所，专注于人口密集地区。</p>
</div><p>Most recently, the company is working to split its business from Boots, a deal that could value the pharmacy provider at £7 billion. The sale comes a decade after Walgreens completed its acquisition of Boots.</p>
<div class="lb-trans"><p>最近，公司正在努力将其业务与 Boots 分开，这笔交易可能使这家药店提供商的估值达到 70 亿英镑。此次出售是在沃尔格林完成对 Boots 收购十年后进行的。</p>
</div><p>There are several other reasons why the Walgreens stock price has nosedived. First, the pharmacy industry is going through major challenges because of a change of consumer behavior. Many customers have turned to newer pharmacy companies like Walmart and Amazon for their drugs.</p>
<div class="lb-trans"><p>沃尔格林股价暴跌还有其他几个原因。首先，由于消费者行为的改变，药店行业面临重大挑战。许多客户已转向沃尔玛和亚马逊等新型药店公司购买药品。</p>
</div><p>Second, Walgreens has continued to publish disappointing numbers that missed analysts estimates. Its most recent results showed that its sales rose slightly to $36.35 billion from $35.4 billion in the same period in 2023. Its nine-month revenue rose to $110 billion.</p>
<div class="lb-trans"><p>其次，沃尔格林继续发布令人失望的数据，未达到分析师的预期。其最新业绩显示，其销售额从 2023 年同期的 354 亿美元略微增长至 363.5 亿美元。其九个月营收达到 1100 亿美元。</p>
</div><h2>Store formats are changing</h2>
<div class="lb-trans"><h2>商店格式正在改变</h2>
</div><p>For a long time, companies like Walgreens and CVS have used a simple business model. They fill prescriptions in their stores and also sell other products like toothpaste and shampoos in their stores.</p>
<div class="lb-trans"><p>长期以来，沃尔格林和 CVS 等公司采用简单的商业模式。他们在店内提供处方药，并在店内销售牙膏和洗发水等其他产品。</p>
</div><p>This model is no longer working amid heightened theft and lower margins as states have continued to ramp up minimum wages. As a result, margins have continued to thin in the past few years as theft has become common.</p>
<div class="lb-trans"><p>在盗窃行为加剧和各州继续提高最低工资的背景下，这种模式已不再奏效。因此，由于盗窃行为变得普遍，利润率在过去几年持续下降。</p>
</div><p>Walgreens’s gross margins have dropped to 18.38%, lower than the sector average of 35.5%. Its five-year average stood at 20.55%. Its EBITDA margin stood at 2.50%, lower than the sector median of 13.10%.</p>
<div class="lb-trans"><p>沃尔格林的毛利率已降至 18.38%，低于 35.5% 的行业平均水平。其五年平均值为 20.55%。其 EBITDA 利润率为 2.50%，低于 13.10% 的行业中位数。</p>
</div><p>The company is now changing how its stores look. In the first place, it is focusing on smaller stores and moving most of its drugs behind a counter to reduce theft.</p>
<div class="lb-trans"><p>公司现在正在改变其商店的外观。首先，它专注于较小的商店，并将大部分药品移到柜台后以减少盗窃。</p>
</div><h2>Will Walgreens go bankrupt?</h2>
<div class="lb-trans"><h2>沃尔格林会破产吗？</h2>
</div><p>The ongoing Walgreens stock price implosion has raised concerns about whether the company will go bankrupt as Rite Aid did.</p>
<div class="lb-trans"><p>持续下跌的沃尔格林股价引发了关于该公司是否会像 Rite Aid 一样破产的担忧。</p>
</div><p>I believe that Walgreens is not at risk of going bankrupt. Looking at its balance sheet, it ended the last quarter with over $711 million on cash and trading assets securities.</p>
<div class="lb-trans"><p>我认为沃尔格林不会面临破产风险。从其资产负债表来看，上个季度末，公司现金和交易性证券超过 7.11 亿美元。</p>
</div><p>It also had just $60 million in short-term investments and over $7.4 billion in long-term debt. It has a room to pay most of this debt after completing its Boots divesture either this year or in 2024. The sale will help it handle next year’s maturities worth $1.4 billion and 2026’s $2.82 billion.</p>
<div class="lb-trans"><p>它还只有 6000 万美元的短期投资和超过 74 亿美元的长期债务。在今年或 2024 年完成其 Boots 分拆后，它有能力偿还大部分债务。此次出售将有助于它处理明年价值 14 亿美元和 2026 年价值 28.2 亿美元的到期债务。</p>
</div><p>What is clear, however, is that the company will continue facing headwinds as competition rises and operational costs rose.</p>
<div class="lb-trans"><p>然而，显而易见的是，随着竞争加剧和运营成本上升，该公司将继续面临困难。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2024/07/Walgreens-maturities-1024x250.jpeg" alt="" original-src="https://invezz.com/wp-content/uploads/2024/07/Walgreens-maturities-1024x250.jpeg"/></p>
<p><em>Walgreens maturities</em></p>
<div class="lb-trans"><p><em>沃尔格林到期债务</em></p>
</div><h2>Walgreens stock price analysis</h2>
<div class="lb-trans"><h2>沃尔格林股价分析</h2>
</div><p><img src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2024/07/Walgreens-stock-1024x570.png" alt="" original-src="https://invezz.com/wp-content/uploads/2024/07/Walgreens-stock-1024x570.png"/></p>
<p>WBA chart by TradingView</p>
<div class="lb-trans"><p>WBA 图表由 TradingView 提供</p>
</div><p>Technically, the stock has constantly remained below all moving averages. On the weekly chart, it has dropped below the key support level at $27.67, its lowest point in October 2022 and October 2020.</p>
<div class="lb-trans"><p>从技术上看，该股票始终保持在所有移动平均线下方。在周线图上，它跌破了关键支撑水平 27.67 美元，这是 2022 年 10 月和 2020 年 10 月的最低点。</p>
</div><p>The Relative Strength Index (RSI) has moved to an extremely oversold level of 21. While this could be a sign to buy, it is also a sign that bears have the momentum. Indeed, the Average Directional Index (ADX) has risen to almost 40. Therefore, the stock could move below $10 soon.</p>
<div class="lb-trans"><p>相对强弱指数（RSI）已降至极度超卖水平 21。虽然这可能是买入信号，但也表明空头势头强劲。事实上，平均趋向指数（ADX）已上升至将近 40。因此，该股票很可能很快跌破 10 美元。</p>
</div><p>The post Walgreens stock price analysis: could it go bankrupt? appeared first on Invezz</p>
<div class="lb-trans"><p>文章来源：Invezz，沃尔格林股价分析：是否会破产？</p>
</div>

沃尔格林联合博姿的股票价格分析：它会破产吗？