Walgreens Boots Alliance Inc. (NASDAQ:WBA) finished Thursday with a subtraction of -$0.11 to close at $33.32, a downside of -0.33 percent. An average of 6,190,720 shares of common stock have been traded in the last five days. There was a fall of -$0.91 in the past week, and it reached a new high 10 times over the past 12 months. The last 20 days have seen an average of 7,431,275 shares traded, while the 50-day average volume stands at 6,670,840.
WBA stock has decreased by -11.00% in the last month. The company shares reached their 1-month lowest point of $32.92 on 09/22/22. With the stock rallying to its 52-week high on 01/11/22, shares of the company touched a low of $33.43 and a high of $55.00 in 52 weeks. It has reached a new high 4 times so far this year and lost -36.12% or -$18.84 in price. In spite of this, the price is down -39.42% from the 52-week high.
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38 days have passed since Walgreens Boots Alliance Inc. (WBA) last reported insider trading activity. Walgreens Boots Alliance, Inc., who is 10% Owner, most recently acquired $11,000,000 shares at $33.01 per share on Aug 16. In this transaction, the insider spent $363,110,000. 10% Owner, Walgreens Boots Alliance, Inc., disposed of 6,000,000 shares at a price of $150.00 on May 11. The insider now owns more than $900,000,000 worth of shares. Prior to that, Director SCHLICHTING NANCY M went on to Sale 2,725 shares at $47.16 each on Nov 19. An amount of $128,497 was transacted.
Walgreens Boots Alliance Inc. (WBA) has a trailing price-to-earnings (P/E) ratio of 5.65. The stock’s beta is 0.62. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.21, the price-to-book (PB) ratio at 1.10, and the price-to-cash flow ratio at 16.14.
The company has a payout ratio of 30.60%. The company’s most recent quarterly dividend payment was $0.48 a share, representing a up of 0.52% from $0.4775 last year. Its latest increase dividend $0.0025 reported on Wednesday July 13 2022.
The quick ratio of Walgreens Boots Alliance Inc. for the three months ended May 30 was 0.40, and the current ratio was 0.80, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.44 and a total debt to equity ratio of 0.55 for the quarter ending May 30. Walgreens Boots Alliance Inc.’s EBITDA margin for the year ending May 30 is 4.48%, while its operating margin for the same period stands at 2.50%. Its gross profit as reported stood at $28.07 billion compared to revenue of $132.51 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Walgreens Boots Alliance Inc.’s return on assets was 5.90%.
For the three-month period that ended May 30, Walgreens Boots Alliance Inc. had $2.17 billion in cash and short-term investments compared to $10.67 billion in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of $289.0 million in the quarter, while revenues were shrunk -314.19%. The analyst consensus anticipated Walgreens Boots Alliance Inc.’s latest quarter earnings to come in at $0.92 per share, but it turned out to be $0.96, a 4.30% surprise. For the quarter, EBITDA amounted to $285.0 million. Shareholders own equity worth $864.26 million.
From a technical analysis perspective, let’s take a brief look at Walgreens Boots Alliance Inc. (WBA) price momentum. RSI 9-day as of the close on 22 September was 21.53%, suggesting the stock is oversold, with historical volatility in this time frame at 26.44%.
As of today, WBA’s price is $33.83 -2.66% or -$0.91 from its 5-day moving average. WBA is currently trading -9.38% lower than its 20-day SMA and -21.42% lower than its 100-day SMA. However, the stock’s current price level is -10.53% below the SMA50 and -31.01% below the SMA200.
The stochastic %K and %D were 11.58% and 12.23%, respectively, and the average true range (ATR) was 0.86. With the 14-day stochastic at 9.35% and the average true range at 0.89, the RSI (14) stands at 26.76%. The stock has reached -0.81 on the 9-day MACD Oscillator while the 14-day reading was at -1.31.
Robert W. Baird downgraded Walgreens Boots Alliance Inc. (NASDAQ: WBA) to a a Neutral rating in its most recent analyst report. Previously, the stock was rated as an Outperform. The consensus rating for Walgreens Boots Alliance Inc. (WBA) among analysts is Hold. According to current brokerage recommendations, 2 brokerage firms advise that investors sell WBA, while 16 suggest investors hold. There are 1 analyst who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 0 others rate it as a “buy”.
What is WBA’s price target for the next 12 months?
Analysts predict a range of price targets between $35.00 and $49.00, with a median target of $41.75. Taking a look at these predictions, the average price target given by analysts for Walgreens Boots Alliance Inc. (WBA) stock is $41.66.