During the recent session, Walgreens Boots Alliance Inc (NASDAQ:WBA)’s traded shares were 1.43 million, with the beta value of the company hitting 0.61. At the last check today, the stock’s price was $9.74, reflecting an intraday loss of -0.07% or -$0.01. The 52-week high for the WBA share is $22.47, that puts it down -130.7 from that peak though still a striking 17.04% gain since the share price plummeted to a 52-week low of $8.08. The company’s market capitalization is $8.42B, and the average intraday trading volume over the past 10 days was 25.5 million shares, and the average trade volume was 25.45 million shares over the past three months.
Walgreens Boots Alliance Inc (WBA) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 2.85. WBA has a Sell rating from 1 analyst(s) out of 11 analysts who have looked at this stock. 6 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 4 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.52.
Walgreens Boots Alliance Inc (NASDAQ:WBA) trade information
Walgreens Boots Alliance Inc (WBA) registered a -0.07% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -0.07% in intraday trading to $9.74, hitting a weekly high. The stock’s 5-day price performance is -3.72%, and it has moved by -22.24% in 30 days. Based on these gigs, the overall price performance for the year is -54.79%. The short interest in Walgreens Boots Alliance Inc (NASDAQ:WBA) is 96.53 million shares and it means that shorts have 3.78 day(s) to cover.
The consensus price target of analysts on Wall Street is $10, which implies an increase of 2.6% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $9 and $12 respectively. As a result, WBA is trading at a discount of -23.2% off the target high and 7.6% off the low.
Walgreens Boots Alliance Inc (WBA) estimates and forecasts
In the rating firms’ projections, revenue will increase 2.87% 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 37.9B as predicted by 10 analyst(s). Meanwhile, a consensus of 10 analyst(s) estimates revenue growth to 36.96B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 37.05B and 36.35B respectively. In this case, analysts expect current quarter sales to grow by 2.30% and then jump by 1.69% in the coming quarter.
While earnings are projected to return -43.91% in 2025, the next five years will return -16.60% per annum.
WBA Dividends
Walgreens Boots Alliance Inc is due to release its next quarterly earnings in March. 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 1.00, with the dividend yield indicating at 10.26 percent, continuing the trend of increasing dividends in recent years. The average dividend yield of the company for the last 5 years is 6.14%.
Walgreens Boots Alliance Inc (NASDAQ:WBA)’s Major holders
Walgreens Boots Alliance Inc insiders own 17.49% of total outstanding shares while institutional holders control 61.79%, with the float percentage being 74.89%. VANGUARD GROUP INC is the largest shareholder of the company, while 1212.0 institutions own stock in it. As of 2024-06-30, the company held over 82.21 million shares (or 9.5247% of all shares), a total value of $994.3 million in shares.
The next largest institutional holding, with 70.01 million shares, is of BLACKROCK INC.’s that is approximately 8.1114% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $846.76 million.
Also, the Mutual Funds coming in first place with the largest holdings of Walgreens Boots Alliance Inc (WBA) shares are Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund. Data provided on Sep 30, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 21.86 shares. This amounts to just over 2.53 percent of the company’s overall shares, with a $213.53 million market value. The same data shows that the other fund manager holds slightly less at 18.77, or about 2.17% of the stock, which is worth about $183.34 million.
