The Insider Activity Of Walgreens Boots Alliance Inc. (WBA) Should Not Be Ignored

As of Friday close, Walgreens Boots Alliance Inc.’s (NASDAQ:WBA) stock was up $0.39, moving up 0.90 percent to $43.55. The average number of shares traded per day over the past five days has been 7,108,440 shares. 2 times new highs have been achieved over the past 5 days, with a -$0.44 fall in that time frame. In the last twenty days, the average volume was 7,154,185, while in the previous 50 days, it was 7,513,312.


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Since last month, WBA stock retreated -2.35%. Shares of the company fell to $41.80 on 05/02/22, the lowest level in the past month. A 52-week high of $55.96 was reached on 01/11/22 after having rallying from a 52-week low of $41.80. Since the beginning of this year, WBA’s stock price has dropped by -16.51% or -$8.61, and marked a new high 4 times. However, the stock has declined by -22.18% since its 52-week high.

Walgreens Boots Alliance Inc. (WBA) last reported insider trading activity 3 days ago on May 11. Walgreens Boots Alliance, Inc., the 10% Owner of the company, disposed of 6,000,000 shares for $150.00 on May 11. It resulted in a $900,000,000 divestment by the insider. SCHLICHTING NANCY M sold 2,725 shares at an average price of $47.16 on Nov 19. The insider now owns 16,570 shares following the transaction.

Valuation Metrics

Right now, Walgreens Boots Alliance Inc. (WBA) has a P/E ratio of about 6.37. The stock’s beta is 0.54. Besides these, the trailing price-to-sales (P/S) ratio of 0.28, the price-to-book (PB) ratio of 1.41, and the price-to-cash flow ratio of 18.87 may also be considered.

The latest dividend of $0.4775 per share was paid out, which is -0.52% less than last year’s $0.48. On Thursday April 28 2022, a $0.0025 dividend decrease was announced.

Financial Health

In the three months ended August 30, Walgreens Boots Alliance Inc.’s quick ratio stood at 0.30, while its current ratio was 0.70, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending August 30 was 0.46, and the total debt-to-equity ratio was 0.54. On the profitability front, the trailing twelve-month gross margin is 22.00% percent. In the year ended August 30, EBITDA margin amounted to 4.48%, whereas operating margins totaled 3.00%. Based on annual data, WBA earned $28.07 billion in gross profit and brought in $132.51 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 4.60%. Return on equity (ROE) for the past 12 months was 25.50%.

In Walgreens Boots Alliance Inc.’s quarter-end financial report for August 30, it reported total debt of $11.2 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. WBA’s revenue rose 2.89% to $33.9 billion during the quarter, while net income inched up to $33.76 billion. While analysts expected Walgreens Boots Alliance Inc. to report $1.02 quarterly earnings, the actual figure was $1.17 per share, beating the consensus estimate by 14.70%. During the quarter, the company generated $1.87 billion in EBITDA. The liabilities of Walgreens Boots Alliance Inc. were 61.82 billion at the end of its most recent quarter ended August 30, and its total debt was $39.23 billion. The value of shareholders’ equity is $863.77 million.

Technical Picture

This quick technical analysis looks at Walgreens Boots Alliance Inc.’s (WBA) price momentum. With a historical volatility rate of 22.14%, the RSI 9-day stood at 45.10% on 13 May.

With respect to its five-day moving average, the current Walgreens Boots Alliance Inc. price is down by -1.00% percent or -$0.44. At present, WBA shares trade -2.81% below its 20-day simple moving average and -10.81% percent below its 100-day simple moving average. However, the stock is currently trading approximately -6.79% below its SMA50 and -7.42% below its SMA200.

Stochastic coefficient K was 35.59% and Stochastic coefficient D was 32.72%, while ATR was 1.27. Given the Stochastic reading of 42.63% for the 14-day period, the RSI (14) reading has been calculated as 44.06%. As of today, the MACD Oscillator reading stands at -0.25, while the 14-day reading stands at -0.29.

Analyst Ratings

Walgreens Boots Alliance Inc. downgraded its rating on Walgreens Boots Alliance Inc. (NASDAQ: WBA) to a Neutral in a note to investors on April 01, 2022. The analysts firm previously had an Outperform rating on the stock.Walgreens Boots Alliance Inc. (WBA) has been rated Hold by analysts. According to 2 brokerage firms, WBA is a sell, and 17 firms recommend it is a Hold. There are 1 analyst who say the stock is underweight. A total of 0 analysts rate Walgreens Boots Alliance Inc. stock as buy, with 0 recommending it as overweight.

With a median target price of $49.50, the current consensus forecast for the stock is $40.00 – $52.30. Based on these forecasts, analysts predict Walgreens Boots Alliance Inc. (WBA) will achieve an average price target of $48.58.

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