The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
The closing price of Walgreens Boots Alliance Inc (NASDAQ: WBA) was $17.81 for the day, down -1.33% from the previous closing price of $18.05. In other words, the price has decreased by -$1.33 from its previous closing price. On the day, 10.15 million shares were traded. WBA stock price reached its highest trading level at $17.98 during the session, while it also had its lowest trading level at $17.62.
Ratios:
Our analysis of WBA’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 15571977216 and an Enterprise Value of 51195924480. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.11 while its Price-to-Book (P/B) ratio in mrq is 1.14. Its current Enterprise Value per Revenue stands at 0.354 whereas that against EBITDA is 13.796.
Stock Price History:
Over the past 52 weeks, WBA has reached a high of $35.54, while it has fallen to a 52-week low of $17.51. The 50-Day Moving Average of the stock is -12.15%, while the 200-Day Moving Average is calculated to be -23.14%.
Shares Statistics:
WBA traded an average of 12.84M shares per day over the past three months and 9576970 shares per day over the past ten days. A total of 863.67M shares are outstanding, with a floating share count of 711.61M. Insiders hold about 17.51% of the company’s shares, while institutions hold 59.33% stake in the company. Shares short for WBA as of 1711584000 were 35223091 with a Short Ratio of 2.74, compared to 1709164800 on 31194089. Therefore, it implies a Short% of Shares Outstanding of 35223091 and a Short% of Float of 5.5999998.
Dividends & Splits
With its trailing 12-month dividend rate of 1.69, WBA has a forward annual dividend rate of 1.69. Against a Trailing Annual Dividend Yield of 0.09362882The stock’s 5-year Average Dividend Yield is 4.88.
Earnings Estimates
The stock of Walgreens Boots Alliance Inc (WBA) is currently drawing attention from 14.0 analysts actively involved in the ongoing evaluation and rating process.On average, analysts expect EPS of $0.71 for the current quarter, with a high estimate of $1.0 and a low estimate of $0.63, while EPS last year was $1. The consensus estimate for the next quarter is $0.68, with high estimates of $0.86 and low estimates of $0.54.
Analysts are recommending an EPS of between $3.35 and $3.08 for the fiscal current year, implying an average EPS of $3.23. EPS for the following year is $3.13, with 15.0 analysts recommending between $3.7 and $2.75.
Revenue Estimates
For the next quarter, 12 analysts are estimating revenue of $36.1B. There is a high estimate of $37.1B for the next quarter, whereas the lowest estimate is $34.84B.
A total of 16 analysts have provided revenue estimates for WBA’s current fiscal year. The highest revenue estimate was $147.86B, while the lowest revenue estimate was $142.64B, resulting in an average revenue estimate of $145.3B. In the same quarter a year ago, actual revenue was $139.08BBased on 16 analysts’ estimates, the company’s revenue will be $150.7B in the next fiscal year. The high estimate is $156.85B and the low estimate is $145.89B.
