Stock Surge: Walgreens Boots Alliance Inc (WBA) Closes at 9.26, Marking a -0.86 Increase/Decrease

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In the latest session, Walgreens Boots Alliance Inc (NASDAQ: WBA) closed at $9.26 down -0.86% from its previous closing price of $9.34. In other words, the price has decreased by -$0.86 from its previous closing price. On the day, 17.96 million shares were traded. WBA stock price reached its highest trading level at $9.575 during the session, while it also had its lowest trading level at $9.25.

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 0.37 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:

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 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 8084174336 and an Enterprise Value of 40479354880. 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 0.77. Its current Enterprise Value per Revenue stands at 0.274 whereas that against EBITDA is 17.959.

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 $8.22. The 50-Day Moving Average of the stock is -0.91%, while the 200-Day Moving Average is calculated to be -39.97%.

Shares Statistics:

For the past three months, WBA has traded an average of 20.76M shares per day and 34697840 over the past ten days. A total of 864.00M shares are outstanding, with a floating share count of 712.78M. Insiders hold about 17.56% of the company’s shares, while institutions hold 61.88% stake in the company. Shares short for WBA as of 1728950400 were 85197180 with a Short Ratio of 4.10, compared to 1726185600 on 89555226. Therefore, it implies a Short% of Shares Outstanding of 85197180 and a Short% of Float of 13.51.

Dividends & Splits

According to the company, the forward annual dividend rate for WBA is 1.23, from 1.23 in the trailing year. Against a Trailing Annual Dividend Yield of 0.13169165The stock’s 5-year Average Dividend Yield is 5.71.

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