Walgreens Boots Alliance Inc (WBA) Slumps -1.81%, A Loss For Bears

Walgreens Boots Alliance Inc (NASDAQ:WBA) has a beta value of 0.61 and has seen 4.57 million shares traded in the recent trading session. The company, currently valued at $9.38B, closed the recent trade at $10.86 per share which meant it lost -$0.2 on the day or -1.81% during that session. The WBA stock price is -106.91% off its 52-week high price of $22.47 and 25.6% above the 52-week low of $8.08.

The consensus among analysts is that Walgreens Boots Alliance Inc (WBA) is Hold stock at the moment, with a recommendation rating of 2.80. 1 analysts rate the stock as a Sell, while 0 rate it as Overweight. 6 out of 11 have rated it as a Hold, with 4 advising it as a Buy. 0 have rated the stock as Underweight.

Walgreens Boots Alliance Inc (NASDAQ:WBA) trade information

Sporting -1.81% in the red today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the WBA stock price touched $10.86 or saw a rise of 2.86%. Year-to-date, Walgreens Boots Alliance Inc shares have moved 16.40%, while the 5-day performance has seen it change 16.03%. Over the past 30 days, the shares of Walgreens Boots Alliance Inc (NASDAQ:WBA) have changed -13.26%.

Wall Street analysts have a consensus price target for the stock at $10, which means that the shares’ value could drop -8.6% from the levels at last check today. The projected low price target is $9.0 while the price target rests at a high of $12.0. In that case, then, we find that the latest price level in today’s session is -10.5% off the targeted high while a plunge would see the stock lose 17.13% from the levels at last check today.

Walgreens Boots Alliance Inc (WBA) estimates and forecasts

The company’s shares have lost -0.55% over the past 6 months.

Earnings growth for 2025 is a modest -43.91% while over the next 5 years, the company’s earnings are expected to decrease by -16.60%.

WBA Dividends

Walgreens Boots Alliance Inc is expected to release its next earnings report in March this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 1.00 at a share yield of 9.21%. The company’s dividend yield has gone up over the past 12 months.

Walgreens Boots Alliance Inc (NASDAQ:WBA)’s Major holders

The top two institutional holders are VANGUARD GROUP INC with over 82.21 million shares worth more than $994.3 million. As of 2024-06-30, VANGUARD GROUP INC held 9.5247% of shares outstanding.

The other major institutional holder is BLACKROCK INC., with the holding of over 70.01 million shares as of 2024-06-30. The firm’s total holdings are worth over $846.76 million and represent 8.1114% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund. As of Sep 30, 2024, the former fund manager holds about 2.53% shares in the company for having 21.86 shares of worth $237.69 million while later fund manager owns 18.77 shares of worth $204.07 million as of Sep 30, 2024, which makes it owner of about 2.17% of company’s outstanding stock.