In the last trading session, 11.1 million shares of the Walgreens Boots Alliance Inc (NASDAQ:WBA) were traded, and its beta was 0.61. Most recently the company’s share price was $9.97, and it changed around -$0.15 or -1.48% from the last close, which brings the market valuation of the company to $8.62B. WBA currently trades at a discount to its 52-week high of $22.96, offering almost -130.29% off that amount. The share price’s 52-week low was $8.08, which indicates that the current value has risen by an impressive 18.96% since then. We note from Walgreens Boots Alliance Inc’s average daily trading volume that its 10-day average is 28.14 million shares, with the 3-month average coming to 25.73 million.
Walgreens Boots Alliance Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.85. If we narrow it down even further, the data shows that 2 out of 18 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 11 recommended WBA as a Hold, whereas 2 deemed it a Buy, and 1 rated it as Underweight.
Walgreens Boots Alliance Inc (NASDAQ:WBA) trade information
Instantly WBA has showed a red trend with a performance of -1.48% 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 10.28 on recent trading dayincreased the stock’s daily price by 3.02%. The company’s shares are currently up 6.86% year-to-date, but still up 2.15% over the last five days. On the other hand, Walgreens Boots Alliance Inc (NASDAQ:WBA) is 8.13% up in the 30-day period. We can see from the shorts that 96.53 million shares have been sold at a short interest cover period of 3.78 day(s).
The consensus price target as assigned by Wall Street analysts is $10, which translates to bulls needing to increase their stock price by 0.3% from its current value. Analyst projections state that WBA is forecast to be at a low of $9 and a high of $12.
Walgreens Boots Alliance Inc earnings are expected to increase by -43.91% in 2025, but the outlook is negative -16.60% per year for the next five years.
WBA Dividends
Walgreens Boots Alliance Inc’s next quarterly earnings report is expected to be released in March. The annual dividend yield of the stock is 10.03 percent and its annual dividend per share was 1.00. It is important to note, however, that the 10.03% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 6.14 per year.
Walgreens Boots Alliance Inc (NASDAQ:WBA)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 17.49% of Walgreens Boots Alliance Inc shares, and 61.79% of them are in the hands of institutional investors. The stock currently has a share float of 74.89%. Walgreens Boots Alliance Inc stock is held by 1212.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 9.5247% of the shares, which is about 82.21 million shares worth $994.3 million.
BLACKROCK INC., with 8.1114% or 70.01 million shares worth $846.76 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
