Deeper Dive: Understanding Walgreens Boots Alliance Inc (WBA) Through its Various Ratios

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The price of Walgreens Boots Alliance Inc (NASDAQ: WBA) closed at $11.87 in the last session, down -2.38% from day before closing price of $12.16. In other words, the price has decreased by -$2.38 from its previous closing price. On the day, 20.99 million shares were traded. WBA stock price reached its highest trading level at $12.24 during the session, while it also had its lowest trading level at $11.85.

Ratios:

We take a closer look at WBA’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.31 and its Current Ratio is at 0.65. In the meantime, Its Debt-to-Equity ratio is 2.47 whereas as Long-Term Debt/Eq ratio is at 2.18.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Leerink Partners on February 26, 2024, initiated with a Market Perform rating and assigned the stock a target price of $23.

On January 03, 2024, Barclays started tracking the stock assigning a Underweight rating and target price of $21.Barclays initiated its Underweight rating on January 03, 2024, with a $21 target price.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on May 22 ’24 when Walgreens Boots Alliance, Inc. sold 1,859,390 shares for $215.12 per share. The transaction valued at 400,000,158 led to the insider holds 24,418,171 shares of the business.

Bhandari Inderpal S bought 3,000 shares of WBA for $54,150 on Apr 11 ’24. The Director now owns 3,000 shares after completing the transaction at $18.05 per share. On Apr 02 ’24, another insider, Mahajan Manmohan, who serves as the EVP and Global CFO of the company, bought 6,000 shares for $19.38 each. As a result, the insider paid 116,280 and bolstered with 166,969 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WBA now has a Market Capitalization of 10247073792 and an Enterprise Value of 45238423552. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.07 while its Price-to-Book (P/B) ratio in mrq is 0.75. Its current Enterprise Value per Revenue stands at 0.311 whereas that against EBITDA is 11.441.

Stock Price History:

Over the past 52 weeks, WBA has reached a high of $30.79, while it has fallen to a 52-week low of $10.69. The 50-Day Moving Average of the stock is -14.71%, while the 200-Day Moving Average is calculated to be -39.03%.

Shares Statistics:

According to the various share statistics, WBA traded on average about 18.47M shares per day over the past 3-months and 22963630 shares per day over the past 10 days. A total of 863.67M shares are outstanding, with a floating share count of 711.58M. Insiders hold about 17.57% of the company’s shares, while institutions hold 59.10% stake in the company. Shares short for WBA as of 1721001600 were 68144941 with a Short Ratio of 3.69, compared to 1718323200 on 44006085. Therefore, it implies a Short% of Shares Outstanding of 68144941 and a Short% of Float of 10.83.

Dividends & Splits

The forward annual dividend rate for WBA is 1.46, which was 1.46 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.12006579The stock’s 5-year Average Dividend Yield is 5.22.

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