In the last trading session, 23.76 million Walgreens Boots Alliance Inc (NASDAQ:WBA) shares changed hands as the company’s beta touched 0.61. With the company’s per share price at $9.89 changed hands at $0.13 or 1.33% during last session, the market valuation stood at $8.55B. WBA’s last price was a discount, traded about -140.24% off its 52-week high of $23.76. The share price had its 52-week low at $8.08, which suggests the last value was 18.3% up since then. When we look at Walgreens Boots Alliance Inc’s average trading volume, we note the 10-day average is 31.45 million shares, with the 3-month average coming to 25.78 million.
Analysts gave the Walgreens Boots Alliance Inc (WBA) stock a consensus recommendation rating of Hold, calculated at a mean rating of 2.85. If we narrow down to specifics, the data shows that 1 out of 11 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 6 recommended WBA as a Hold, 4 felt it is a Buy and 0 rated the stock as Underweight. Walgreens Boots Alliance Inc’s EPS for the current quarter is expected to be 0.52.
Walgreens Boots Alliance Inc (NASDAQ:WBA) trade information
Instantly WBA was in green as seen at the end of in last trading. With action -9.18%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 6.00%, with the 5-day performance at -9.18% in the red. However, in the 30-day time frame, Walgreens Boots Alliance Inc (NASDAQ:WBA) is 7.62% up. Looking at the short shares, we see there were 96.53 million shares sold at short interest cover period of 3.78 days.
The consensus price target for the stock as assigned by Wall Street analysts is 10, meaning bulls need an upside of 1.1% from its current market value. According to analyst projections, WBA’s forecast low is 9 with 12 as the target high. To hit the forecast high, the stock’s price needs a -21.33% plunge from its current level, while the stock would need to tank 9.0% for it to hit the projected low.
Walgreens Boots Alliance Inc (WBA) estimates and forecasts
Data shows that the Walgreens Boots Alliance Inc share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -13.85% over the past 6 months, a -44.44% in annual growth rate that is considerably lower than the industry average of -39.10%. Year-over-year growth is forecast to reach 2.87% up from the last financial year.
Consensus estimates given by 10 financial analysts project the company’s revenue in the current quarter to hit an average of 37.9B. 10 analysts are of the opinion that Walgreens Boots Alliance Inc’s revenue for the current quarter will be 36.96B. The company’s revenue for the corresponding quarters a year ago was 37.05B and 36.35B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 2.30%. The estimates for the next quarter sales put growth at 1.69%.
The 2025 estimates are for Walgreens Boots Alliance Inc earnings to decrease by -43.91%, but the outlook for the next 5-year period is at -16.60% per year.
WBA Dividends
Walgreens Boots Alliance Inc is expected to release its next quarterly earnings report in March. The 10.11% annual yield figure for the share gives it an annual dividend of 1.00. It is important to note, however, that the 10.11% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision. During the past 5 years, the average dividend yield was 6.14 per year.
Walgreens Boots Alliance Inc (NASDAQ:WBA)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 17.49% of Walgreens Boots Alliance Inc shares while 61.79% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 74.89%. There are 61.79% institutions holding the Walgreens Boots Alliance Inc stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 9.5247% of the shares, roughly 82.21 million WBA shares worth $994.3 million.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 8.1114% or 70.01 million shares worth $846.76 million as of 2024-06-30.
Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund. With 21.86 shares estimated at $216.16 million under it, the former controlled 2.53% of total outstanding shares. On the other hand, Vanguard 500 Index Fund held about 2.17% of the shares, roughly 18.77 shares worth around $185.59 million.
