After finishing at $21.69 in the prior trading day, Walgreens Boots Alliance Inc (NASDAQ: WBA) closed at $19.54, down -9.91%. In other words, the price has decreased by -$2.15 from its previous closing price. On the day, 35965407 shares were traded. WBA stock price reached its highest trading level at $21.74 during the session, while it also had its lowest trading level at $19.50.
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 0.32 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:
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 Feb 07 ’24 when Walgreens Boots Alliance, Inc. sold 4,212,395 shares for $235.41 per share. The transaction valued at 991,639,907 led to the insider holds 26,277,561 shares of the business.
JARRETT VALERIE B bought 4,456 shares of WBA for $99,993 on Jan 29 ’24. The Director now owns 4,456 shares after completing the transaction at $22.44 per share. On Jan 16 ’24, another insider, SCHLICHTING NANCY M, who serves as the Director of the company, sold 15,209 shares for $23.05 each. As a result, the insider received 350,567 and left with 0 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 16.86B and an Enterprise Value of 49.81B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.12 while its Price-to-Book (P/B) ratio in mrq is 1.25. Its current Enterprise Value per Revenue stands at 0.34 whereas that against EBITDA is -4.43.
Stock Price History:
Over the past 52 weeks, WBA has reached a high of $36.58, while it has fallen to a 52-week low of $19.68. The 50-Day Moving Average of the stock is 21.65, while the 200-Day Moving Average is calculated to be 23.83.
Shares Statistics:
The stock has traded on average 13.90M shares per day over the past 3-months and 14.9M 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 711.34M. Insiders hold about 17.51% of the company’s shares, while institutions hold 59.65% stake in the company. Shares short for WBA as of Mar 15, 2024 were 31.16M with a Short Ratio of 2.24, compared to 32.45M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.61% and a Short% of Float of 4.96%.
Dividends & Splits
In the trailing 12 months, WBA’s forward annual dividend rate was 1.92, compared to 1.69 this year. Against a Trailing Annual Dividend Yield of 8.85%, it implies a Forward Annual Dividend Yield of 4.76%. The stock’s 5-year Average Dividend Yield is 4.80.
Earnings Estimates
Its stock is currently analyzed by 13 different market analysts. On average, analysts expect EPS of $0.82 for the current quarter, with a high estimate of $1 and a low estimate of $0.63, while EPS last year was $1. The consensus estimate for the next quarter is $0.8, with high estimates of $1.01 and low estimates of $0.62.
Analysts are recommending an EPS of between $3.35 and $3.05 for the fiscal current year, implying an average EPS of $3.24. EPS for the following year is $3.4, with 17 analysts recommending between $3.77 and $2.75.
Revenue Estimates
A total of 18 analysts have provided revenue estimates for WBA’s current fiscal year. The highest revenue estimate was $147.86B, while the lowest revenue estimate was $143.47B, resulting in an average revenue estimate of $144.61B. In the same quarter a year ago, actual revenue was $139.08B, up 4.00% from the average estimate. Based on 17 analysts’ estimates, the company’s revenue will be $150.64B in the next fiscal year. The high estimate is $156.85B and the low estimate is $147.62B. The average revenue growth estimate for next year is up 4.20% from the average revenue estimate for this year.
