Market Highlights: Walgreens Boots Alliance Inc (WBA) Ends on a Low Note at 9.97

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The price of Walgreens Boots Alliance Inc (NASDAQ: WBA) closed at $9.97 in the last session, down -2.06% from day before closing price of $10.18. In other words, the price has decreased by -$2.06 from its previous closing price. On the day, 31.01 million shares were traded. WBA stock price reached its highest trading level at $10.39 during the session, while it also had its lowest trading level at $9.54.

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 0.37 and its Current Ratio is at 0.68. In the meantime, Its Debt-to-Equity ratio is 3.24 whereas as Long-Term Debt/Eq ratio is at 2.86.

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 Sep 11 ’24 when Walgreens Boots Alliance, Inc. sold 11,619,998 shares for $11.13 per share. The transaction valued at 129,330,578 led to the insider holds 23,239,996 shares of the business.

Walgreens Boots Alliance, Inc. sold 4,438,171 shares of WBA for $1,067,646,416 on Aug 01 ’24. The 10% Owner now owns 19,980,000 shares after completing the transaction at $240.56 per share. On Aug 01 ’24, another insider, Walgreens Boots Alliance Holdi, who serves as the Affiliate of the company, bought 3,398,929 shares for $244.46 each.

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 8608975872 and an Enterprise Value of 41093234688. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.06 while its Price-to-Book (P/B) ratio in mrq is 0.82. Its current Enterprise Value per Revenue stands at 0.278 whereas that against EBITDA is 14.249.

Stock Price History:

Over the past 52 weeks, WBA has reached a high of $27.05, while it has fallen to a 52-week low of $8.08. The 50-Day Moving Average of the stock is 7.07%, while the 200-Day Moving Average is calculated to be -23.70%.

Shares Statistics:

According to the various share statistics, WBA traded on average about 23.72M shares per day over the past 3-months and 32709560 shares per day over the past 10 days. A total of 864.00M shares are outstanding, with a floating share count of 709.12M. Insiders hold about 17.88% of the company’s shares, while institutions hold 61.07% stake in the company. Shares short for WBA as of 1732838400 were 101280081 with a Short Ratio of 4.27, compared to 1730332800 on 87433966. Therefore, it implies a Short% of Shares Outstanding of 101280081 and a Short% of Float of 16.059999.

Dividends & Splits

The forward annual dividend rate for WBA is 1.00, which was 1.23 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.12082515The stock’s 5-year Average Dividend Yield is 6.01.

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