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After finishing at $8.71 in the prior trading day, Walgreens Boots Alliance Inc (NASDAQ: WBA) closed at $8.56, down -1.72%. In other words, the price has decreased by -$1.72 from its previous closing price. On the day, 15.79 million shares were traded. WBA stock price reached its highest trading level at $8.78 during the session, while it also had its lowest trading level at $8.55.
Ratios:
Our goal is to gain a better understanding of WBA by taking a closer look at its different ratios. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 7389634560 and an Enterprise Value of 42130632704. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.05 while its Price-to-Book (P/B) ratio in mrq is 0.54. Its current Enterprise Value per Revenue stands at 0.289 whereas that against EBITDA is 10.655.
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 $8.46. The 50-Day Moving Average of the stock is -17.18%, while the 200-Day Moving Average is calculated to be -50.72%.
Shares Statistics:
The stock has traded on average 22.20M shares per day over the past 3-months and 19954720 shares per day over the last 10 days, according to various share statistics. A total of 863.67M shares are outstanding, with a floating share count of 711.68M. Insiders hold about 17.56% of the company’s shares, while institutions hold 61.24% stake in the company. Shares short for WBA as of 1724976000 were 82905650 with a Short Ratio of 3.74, compared to 1722384000 on 66334724. Therefore, it implies a Short% of Shares Outstanding of 82905650 and a Short% of Float of 13.18.
Dividends & Splits
In the trailing 12 months, WBA’s forward annual dividend rate was 1.46, compared to 1.23 this year. Against a Trailing Annual Dividend Yield of 0.16762343The stock’s 5-year Average Dividend Yield is 5.54.