Walgreens Boots Alliance Inc (NASDAQ: WBA)’s Stock Is Down -48.59% Since The Beginning Of The Year, Likely To Sustain The Trend In 2024

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During the recent session, Walgreens Boots Alliance Inc (NASDAQ:WBA)’s traded shares were 1.63 million, with the beta value of the company hitting 0.79. At the last check today, the stock’s price was $17.90, reflecting an intraday gain of 1.68% or $0.3. The 52-week high for the WBA share is $35.38, that puts it down -97.65 from that peak though still a striking 2.18% gain since the share price plummeted to a 52-week low of $17.51. The company’s market capitalization is $15.44B, and the average trade volume was 12.75 million shares over the past three months.

Walgreens Boots Alliance Inc (NASDAQ:WBA) trade information

Walgreens Boots Alliance Inc (WBA) registered a 1.68% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 1.68% in intraday trading to $17.90, hitting a weekly high. The stock’s 5-day price performance is -1.89%, and it has moved by -14.86% in 30 days. Based on these gigs, the overall price performance for the year is -48.59%.

Walgreens Boots Alliance Inc (WBA) estimates and forecasts

Statistics show that Walgreens Boots Alliance Inc has underperformed its competitors in share price, compared to the industry in which it operates. Walgreens Boots Alliance Inc (WBA) shares have gone down -17.42% during the last six months, with a year-to-date growth rate less than the industry average at -18.84% against -14.10. In the rating firms’ projections, revenue will increase 4.50% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 36.01B as predicted by 12 analyst(s). Meanwhile, a consensus of 12 analyst(s) estimates revenue growth to 36.1B by the end of current fiscal year. While earnings are projected to return -18.87% in 2024, the next five years will return -7.67% per annum.

WBA Dividends

Walgreens Boots Alliance Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Walgreens Boots Alliance Inc is 1.69, with the dividend yield indicating at 9.44 percent, continuing the trend of increasing dividends in recent years.