Walgreens Boots Alliance Inc (NASDAQ:WBA)’s traded shares stood at 5.31 million during the latest session, with the company’s beta value hitting 0.64. At the last check today, the stock’s price was $8.76, to imply a decrease of -3.05% or -$0.27 in intraday trading. The WBA share’s 52-week high remains $27.05, putting it -208.79% down since that peak but still an impressive 6.16% since price per share fell to its 52-week low of $8.22. The company has a valuation of $7.57B, with an average of 18.14 million shares in intraday trading volume over the past 10 days and average of 21.44 million shares over the past 3 months.
Analysts have given a consensus recommendation of Hold for Walgreens Boots Alliance Inc (WBA), translating to a mean rating of 3.00. Of 11 analyst(s) looking at the stock, 1 analyst(s) give WBA a Sell rating. 0 of those analysts rate the stock as Overweight while 6 advise Hold as 4 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.4.
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Walgreens Boots Alliance Inc (NASDAQ:WBA) trade information
After registering a -3.05% downside in the latest session, Walgreens Boots Alliance Inc (WBA) has traded red over the past five days. The 5-day price performance for the stock is -5.56%, and -20.91% over 30 days. With these gigs, the year-to-date price performance is -66.47%. Short interest in Walgreens Boots Alliance Inc (NASDAQ:WBA) saw shorts transact 87.43 million shares and set a 3.59 days time to cover.
The extremes give us $2 and $57 for target low and target high price respectively. As such, WBA has been trading -550.68% off suggested target high and 77.17% from its likely low.
Walgreens Boots Alliance Inc (WBA) estimates and forecasts
Looking at statistics comparing Walgreens Boots Alliance Inc share performance against respective industry, we note that the company has underperformed competitors. Walgreens Boots Alliance Inc (WBA) shares are -52.26% down over the last 6 months, with its year-to-date growth rate lower than industry average at -46.88% against -38.70%. Revenue is forecast to shrink -39.06% this quarter before falling -54.69% for the next one. The rating firms project that company’s revenue will grow 0.86% compared to the previous financial year.
Revenue forecast for the current quarter as set by 12 analysts is 37.33B. Meanwhile, for the current quarter, a total of 12 analyst(s) estimate revenue growth to 37.57B.Earnings reports from the last fiscal year show that sales brought in 36.71B and 37.05B respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 1.71% before jumping 1.39% in the following quarter.
WBA Dividends
Walgreens Boots Alliance Inc has its next earnings report out on 2025-Jan-02. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Walgreens Boots Alliance Inc has a forward dividend ratio of 1.23, with the share yield ticking at 14.05% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 5.88%.
Walgreens Boots Alliance Inc (NASDAQ:WBA)’s Major holders
Walgreens Boots Alliance Inc insiders hold 17.66% of total outstanding shares, with institutional holders owning 60.70% of the shares at 73.71% float percentage. In total, 60.70% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 82.21 million shares (or 9.5247% of shares), all amounting to roughly $994.3 million.
The next major institution holding the largest number of shares is BLACKROCK INC. with 70.01 million shares, or about 8.1114% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $846.76 million.
