<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>沃爾格林聯合博姿（NASDAQ: WBA）股價暴跌。在過去連續三週下跌，並跌至 1998 年以來的最低點。股價比 2015 年最高點下跌超過 85%。這意味着 2015 年投資該股票的 1 萬美元現在不到 1500 美元。</p>
<h2>沃爾格林為何崩潰</h2>
<p>沃爾格林聯合博姿，美國第二大藥店連鎖店，已成為最近被道瓊斯指數剔除的墮落天使。</p>
<p>儘管公司年收入從 2017 年的 1200 多億美元增長到上一財年的 1390 多億美元，但其表現仍然糟糕。儘管收入增長，但公司淨收入從超過 398 億美元下降到過去十二個月的 58 億美元淨虧損。</p>
<p>這些虧損大部分是在公司對其 VillageMD 投資進行 60 億美元的大額減值後發生的。因此，VillageMD 現在將關閉 160 多家診所，專注於人口密集地區。</p>
<p>最近，公司正在努力將其業務與 Boots 分開，這筆交易可能使這家藥店提供商的估值達到 70 億英鎊。此次出售是在沃爾格林完成對 Boots 收購十年後進行的。</p>
<p>沃爾格林股價暴跌還有其他幾個原因。首先，由於消費者行為的改變，藥店行業面臨重大挑戰。許多客户已轉向沃爾瑪和亞馬遜等新型藥店公司購買藥品。</p>
<p>其次，沃爾格林繼續發佈令人失望的數據，未達到分析師的預期。其最新業績顯示，其銷售額從 2023 年同期的 354 億美元略微增長至 363.5 億美元。其九個月營收達到 1100 億美元。</p>
<h2>商店格式正在改變</h2>
<p>長期以來，沃爾格林和 CVS 等公司採用簡單的商業模式。他們在店內提供處方藥，並在店內銷售牙膏和洗髮水等其他產品。</p>
<p>在盜竊行為加劇和各州繼續提高最低工資的背景下，這種模式已不再奏效。因此，由於盜竊行為變得普遍，利潤率在過去幾年持續下降。</p>
<p>沃爾格林的毛利率已降至 18.38%，低於 35.5% 的行業平均水平。其五年平均值為 20.55%。其 EBITDA 利潤率為 2.50%，低於 13.10% 的行業中位數。</p>
<p>公司現在正在改變其商店的外觀。首先，它專注於較小的商店，並將大部分藥品移到櫃枱後以減少盜竊。</p>
<h2>沃爾格林會破產嗎？</h2>
<p>持續下跌的沃爾格林股價引發了關於該公司是否會像 Rite Aid 一樣破產的擔憂。</p>
<p>我認為沃爾格林不會面臨破產風險。從其資產負債表來看，上個季度末，公司現金和交易性證券超過 7.11 億美元。</p>
<p>它還只有 6000 萬美元的短期投資和超過 74 億美元的長期債務。在今年或 2024 年完成其 Boots 分拆後，它有能力償還大部分債務。此次出售將有助於它處理明年價值 14 億美元和 2026 年價值 28.2 億美元的到期債務。</p>
<p>然而，顯而易見的是，隨着競爭加劇和運營成本上升，該公司將繼續面臨困難。</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>沃爾格林到期債務</em></p>
<h2>沃爾格林股價分析</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 圖表由 TradingView 提供</p>
<p>從技術上看，該股票始終保持在所有移動平均線下方。在周線圖上，它跌破了關鍵支撐水平 27.67 美元，這是 2022 年 10 月和 2020 年 10 月的最低點。</p>
<p>相對強弱指數（RSI）已降至極度超賣水平 21。雖然這可能是買入信號，但也表明空頭勢頭強勁。事實上，平均趨向指數（ADX）已上升至將近 40。因此，該股票很可能很快跌破 10 美元。</p>
<p>文章來源：Invezz，沃爾格林股價分析：是否會破產？</p>

沃爾格林聯合博姿

<p>沃爾格林（納斯達克股票代碼：WBA）股價暴跌，跌至自 1998 年以來的最低點，比 2015 年最高點下跌超過 85%。該公司面臨着來自消費者行為變化和新型藥店公司競爭的挑戰。然而，公司並未面臨破產風險，並具備足夠的財務實力來處理債務。該股目前低於所有移動平均線，可能會繼續下跌</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>沃爾格林聯合博姿（NASDAQ: WBA）股價暴跌。在過去連續三週下跌，並跌至 1998 年以來的最低點。股價比 2015 年最高點下跌超過 85%。這意味着 2015 年投資該股票的 1 萬美元現在不到 1500 美元。</p>
</div><h2>Why Walgreens is imploded</h2>
<div class="lb-trans"><h2>沃爾格林為何崩潰</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>沃爾格林聯合博姿，美國第二大藥店連鎖店，已成為最近被道瓊斯指數剔除的墮落天使。</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>儘管公司年收入從 2017 年的 1200 多億美元增長到上一財年的 1390 多億美元，但其表現仍然糟糕。儘管收入增長，但公司淨收入從超過 398 億美元下降到過去十二個月的 58 億美元淨虧損。</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>這些虧損大部分是在公司對其 VillageMD 投資進行 60 億美元的大額減值後發生的。因此，VillageMD 現在將關閉 160 多家診所，專注於人口密集地區。</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，公司正在努力將其業務與 Boots 分開，這筆交易可能使這家藥店提供商的估值達到 70 億英鎊。此次出售是在沃爾格林完成對 Boots 收購十年後進行的。</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>沃爾格林股價暴跌還有其他幾個原因。首先，由於消費者行為的改變，藥店行業面臨重大挑戰。許多客户已轉向沃爾瑪和亞馬遜等新型藥店公司購買藥品。</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，沃爾格林繼續發佈令人失望的數據，未達到分析師的預期。其最新業績顯示，其銷售額從 2023 年同期的 354 億美元略微增長至 363.5 億美元。其九個月營收達到 1100 億美元。</p>
</div><h2>Store formats are changing</h2>
<div class="lb-trans"><h2>商店格式正在改變</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>長期以來，沃爾格林和 CVS 等公司採用簡單的商業模式。他們在店內提供處方藥，並在店內銷售牙膏和洗髮水等其他產品。</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>在盜竊行為加劇和各州繼續提高最低工資的背景下，這種模式已不再奏效。因此，由於盜竊行為變得普遍，利潤率在過去幾年持續下降。</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>沃爾格林的毛利率已降至 18.38%，低於 35.5% 的行業平均水平。其五年平均值為 20.55%。其 EBITDA 利潤率為 2.50%，低於 13.10% 的行業中位數。</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>公司現在正在改變其商店的外觀。首先，它專注於較小的商店，並將大部分藥品移到櫃枱後以減少盜竊。</p>
</div><h2>Will Walgreens go bankrupt?</h2>
<div class="lb-trans"><h2>沃爾格林會破產嗎？</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>持續下跌的沃爾格林股價引發了關於該公司是否會像 Rite Aid 一樣破產的擔憂。</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>我認為沃爾格林不會面臨破產風險。從其資產負債表來看，上個季度末，公司現金和交易性證券超過 7.11 億美元。</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>它還只有 6000 萬美元的短期投資和超過 74 億美元的長期債務。在今年或 2024 年完成其 Boots 分拆後，它有能力償還大部分債務。此次出售將有助於它處理明年價值 14 億美元和 2026 年價值 28.2 億美元的到期債務。</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，顯而易見的是，隨着競爭加劇和運營成本上升，該公司將繼續面臨困難。</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>沃爾格林到期債務</em></p>
</div><h2>Walgreens stock price analysis</h2>
<div class="lb-trans"><h2>沃爾格林股價分析</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 圖表由 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>從技術上看，該股票始終保持在所有移動平均線下方。在周線圖上，它跌破了關鍵支撐水平 27.67 美元，這是 2022 年 10 月和 2020 年 10 月的最低點。</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>相對強弱指數（RSI）已降至極度超賣水平 21。雖然這可能是買入信號，但也表明空頭勢頭強勁。事實上，平均趨向指數（ADX）已上升至將近 40。因此，該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>文章來源：Invezz，沃爾格林股價分析：是否會破產？</p>
</div>

沃爾格林聯合博姿的股票價格分析：它會破產嗎？