For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
In the latest session, Walgreens Boots Alliance Inc (NASDAQ: WBA) closed at $17.26 down -3.09% from its previous closing price of $17.81. In other words, the price has decreased by -$3.09 from its previous closing price. On the day, 11.44 million shares were traded. WBA stock price reached its highest trading level at $17.92 during the session, while it also had its lowest trading level at $17.24.
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 11 ’24 when Bhandari Inderpal S bought 3,000 shares for $18.05 per share. The transaction valued at 54,150 led to the insider holds 3,000 shares of the business.
Mahajan Manmohan bought 6,000 shares of WBA for $116,280 on Apr 02 ’24. The EVP and Global CFO now owns 166,969 shares after completing the transaction at $19.38 per share. On Feb 07 ’24, another insider, Walgreens Boots Alliance, Inc., who serves as the 10% Owner of the company, sold 4,212,395 shares for $235.41 each. As a result, the insider received 991,639,907 and left with 26,277,561 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 15364921344 and an Enterprise Value of 50721431552. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.10 while its Price-to-Book (P/B) ratio in mrq is 1.10. Its current Enterprise Value per Revenue stands at 0.351 whereas that against EBITDA is 13.668.
Stock Price History:
Over the past 52 weeks, WBA has reached a high of $32.89, while it has fallen to a 52-week low of $17.25. The 50-Day Moving Average of the stock is -11.90%, while the 200-Day Moving Average is calculated to be -23.93%.
Shares Statistics:
For the past three months, WBA has traded an average of 11.60M shares per day and 8084280 over the past ten days. A total of 863.67M shares are outstanding, with a floating share count of 711.60M. Insiders hold about 17.52% of the company’s shares, while institutions hold 59.12% stake in the company. Shares short for WBA as of 1713139200 were 38880878 with a Short Ratio of 3.35, compared to 1710460800 on 31159217. Therefore, it implies a Short% of Shares Outstanding of 38880878 and a Short% of Float of 6.1899999999999995.
Dividends & Splits
According to the company, the forward annual dividend rate for WBA is 1.69, from 1.69 in the trailing year. Against a Trailing Annual Dividend Yield of 0.09489052The stock’s 5-year Average Dividend Yield is 4.99.
