Home  »  Business   »  Walgreens Boots Alliance Inc. (NASDAQ: WBA): How I...

Walgreens Boots Alliance Inc. (NASDAQ: WBA): How It Has Performed & Trended

In the last trading session, 7.48 million shares of the Walgreens Boots Alliance Inc. (NASDAQ:WBA) were traded, and its beta was 0.73. Most recently the company’s share price was $31.60, and it changed around $0.41 or 1.31% from the last close, which brings the market valuation of the company to $27.42B. WBA currently trades at a discount to its 52-week high of $44.27, offering almost -40.09% off that amount. The share price’s 52-week low was $30.15, which indicates that the current value has risen by an impressive 4.59% since then. We note from Walgreens Boots Alliance Inc.’s average daily trading volume that its 10-day average is 6.52 million shares, with the 3-month average coming to 6.97 million.

Walgreens Boots Alliance Inc. (NASDAQ:WBA) trade information

Instantly WBA has showed a green trend with a performance of 1.31% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 32.08 on Tuesday, 05/23/23 increased the stock’s daily price by 1.5%. The company’s shares are currently down -15.42% year-to-date, but still up 0.80% over the last five days. On the other hand, Walgreens Boots Alliance Inc. (NASDAQ:WBA) is -10.99% up in the 30-day period. We can see from the shorts that 30.47 million shares have been sold at a short interest cover period of 4.67 day(s).

Top 5 EV Tech Stocks to Buy for 2023

According a new report published by BloombergNEF on investment in the energy transition, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now.

Click Here to Download the FREE Report.


Walgreens Boots Alliance Inc. (WBA) estimates and forecasts

Walgreens Boots Alliance Inc. share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -20.50 percent over the past six months and at a -10.71% annual growth rate that is well above the industry average of -23.90%. Moreover, analysts have decided to roll up on their fiscal year 2023 revenue estimates. The rating firms predict that it will gain 14.60% in revenue this quarter, and will report an increase of 38.80% in the next quarter. The year-over-year growth rate is expected to be 3.00%, up from the previous year.

Consensus estimates provided by 12 financial analysts predict the company will bring in an average of $34.17 billion in revenue for the current quarter. 12 analysts expect Walgreens Boots Alliance Inc. to make $34.45 billion in revenue for the quarter ending Aug 2023. The company’s sales for the same quarters a year ago were $32.6 billion and $32.45 billion respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 4.80%. Forecasts for the next quarter put sales growth at 6.20%.

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 5.80%. Walgreens Boots Alliance Inc. earnings are expected to increase by 117.60% in 2023, but the outlook is positive 1.73% per year for the next five years.

WBA Dividends

Walgreens Boots Alliance Inc.’s next quarterly earnings report is expected to be released around June 28 and July 03. The annual dividend yield of the stock is 6.08 percent and its annual dividend per share was 1.92. It is important to note, however, that the 6.08% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.

Walgreens Boots Alliance Inc. (NASDAQ:WBA)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 17.18% of Walgreens Boots Alliance Inc. shares, and 61.64% of them are in the hands of institutional investors. The stock currently has a share float of 74.42%. Walgreens Boots Alliance Inc. stock is held by 1,647 institutions, with Vanguard Group, Inc. (The) being the largest institutional investor. By Mar 30, 2023, it held 7.43% of the shares, which is about 64.1 million shares worth $2.22 billion.

Blackrock Inc., with 7.35% or 63.41 million shares worth $2.19 billion as of Mar 30, 2023, holds the second largest percentage of outstanding shares.

Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund were the top two Mutual Funds as of Dec 30, 2022. The former held 20.99 million shares worth $784.24 million, making up 2.43% of all outstanding shares. On the other hand, Vanguard 500 Index Fund held roughly 16.59 million shares worth around $619.92 million, which represents about 1.92% of the total shares outstanding.

On Key

Related Posts