In the latest session, Walgreens Boots Alliance Inc (NASDAQ: WBA) closed at $18.02 down -6.05% from its previous closing price of $19.18. In other words, the price has decreased by -$1.16 from its previous closing price. On the day, 24342386 shares were traded.
Ratios:
For a deeper understanding of Walgreens Boots Alliance Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.32 and its Current Ratio is at 0.66. In the meantime, Its Debt-to-Equity ratio is 2.57 whereas as Long-Term Debt/Eq ratio is at 2.25.
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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Apr 02 ’24 when Mahajan Manmohan bought 6,000 shares for $19.38 per share. The transaction valued at 116,280 led to the insider holds 166,969 shares of the business.
Walgreens Boots Alliance, Inc. sold 4,212,395 shares of WBA for $991,639,907 on Feb 07 ’24. The 10% Owner now owns 26,277,561 shares after completing the transaction at $235.41 per share. On Jan 29 ’24, another insider, JARRETT VALERIE B, who serves as the Director of the company, bought 4,456 shares for $22.44 each. As a result, the insider paid 99,993 and bolstered with 4,456 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 16.56B and an Enterprise Value of 49.51B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.11 while its Price-to-Book (P/B) ratio in mrq is 1.15. Its current Enterprise Value per Revenue stands at 0.34 whereas that against EBITDA is -4.41.
Stock Price History:
Over the past 52 weeks, WBA has reached a high of $36.58, while it has fallen to a 52-week low of $18.49. The 50-Day Moving Average of the stock is 21.14, while the 200-Day Moving Average is calculated to be 23.68.
Shares Statistics:
For the past three months, WBA has traded an average of 13.25M shares per day and 20.32M over the past ten days. A total of 863.67M shares are outstanding, with a floating share count of 711.62M. Insiders hold about 17.51% of the company’s shares, while institutions hold 59.57% stake in the company. Shares short for WBA as of Mar 15, 2024 were 31.16M with a Short Ratio of 2.66, compared to 32.45M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.61% and a Short% of Float of 4.96%.
Dividends & Splits
According to the company, the forward annual dividend rate for WBA is 1.69, from 1.92 in the trailing year. Against a Trailing Annual Dividend Yield of 10.01%, it implies a Forward Annual Dividend Yield of 4.76%. The stock’s 5-year Average Dividend Yield is 4.80.
Earnings Estimates
There are 11 different market analysts currently analyzing its stock. On average, analysts expect EPS of $0.69 for the current quarter, with a high estimate of $0.79 and a low estimate of $0.63, while EPS last year was $1. The consensus estimate for the next quarter is $0.67, with high estimates of $0.72 and low estimates of $0.54.
Analysts are recommending an EPS of between $3.27 and $3.08 for the fiscal current year, implying an average EPS of $3.22. EPS for the following year is $3.09, with 12 analysts recommending between $3.5 and $2.75.
Revenue Estimates
A total of 13 analysts have provided revenue estimates for WBA’s current fiscal year. The highest revenue estimate was $147.86B, while the lowest revenue estimate was $142.64B, resulting in an average revenue estimate of $145.34B. In the same quarter a year ago, actual revenue was $139.08B, up 4.50% from the average estimate. Based on 13 analysts’ estimates, the company’s revenue will be $150.93B in the next fiscal year. The high estimate is $156.85B and the low estimate is $145.89B. The average revenue growth estimate for next year is up 3.80% from the average revenue estimate for this year.
