In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
After finishing at $12.52 in the prior trading day, Walgreens Boots Alliance Inc (NASDAQ: WBA) closed at $11.37, down -9.19%. In other words, the price has decreased by -$9.19 from its previous closing price. On the day, 50.73 million shares were traded. WBA stock price reached its highest trading level at $11.7371 during the session, while it also had its lowest trading level at $10.77.
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 0.30 and its Current Ratio is at 0.64. In the meantime, Its Debt-to-Equity ratio is 3.09 whereas as Long-Term Debt/Eq ratio is at 2.80.
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 9825420288 and an Enterprise Value of 40444768256. 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 0.99. Its current Enterprise Value per Revenue stands at 0.274 whereas that against EBITDA is 14.024.
Stock Price History:
Over the past 52 weeks, WBA has reached a high of $23.76, while it has fallen to a 52-week low of $8.08. The 50-Day Moving Average of the stock is 18.27%, while the 200-Day Moving Average is calculated to be -5.12%.
Shares Statistics:
The stock has traded on average 23.83M shares per day over the past 3-months and 32855120 shares per day over the last 10 days, according to various share statistics. A total of 863.49M shares are outstanding, with a floating share count of 709.47M. Insiders hold about 17.90% of the company’s shares, while institutions hold 61.04% stake in the company. Shares short for WBA as of 1734048000 were 96532314 with a Short Ratio of 3.24, compared to 1731628800 on 100790753. Therefore, it implies a Short% of Shares Outstanding of 96532314 and a Short% of Float of 13.389999999999999.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 6.14.
