Walgreens Boots Alliance Inc. [NASDAQ: WBA] plunged by -$0.11 during the normal trading session on while it closed the day at $53.73. The company report on January 6, 2022 that Walgreens Boots Alliance Exceeds Expectations for Fiscal 2022 First Quarter Earnings and Raises Guidance for Fiscal Year.
Delivering Strong Results and Progress on Strategic Priorities.
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Walgreens Boots Alliance Inc. stock has also gained 1.26% of its value over the past 7 days. However, WBA stock has inclined by 13.31% in the 3 months of the year. Over the past six months meanwhile, it has gained 13.55% and gained 3.01% year-on date.
The market cap for WBA stock reached $45.30 billion, with 865.80 million shares outstanding and 716.01 million shares in the current float. Compared to the average trading volume of 6.44M shares, WBA reached a trading volume of 6610691 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Walgreens Boots Alliance Inc. [WBA]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for WBA shares is $53.30 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on WBA stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Morgan Stanley have made an estimate for Walgreens Boots Alliance Inc. shares, keeping their opinion on the stock as Underweight, with their previous recommendation back on December 16, 2021. While these analysts kept the previous recommendation, Deutsche Bank raised their target price from $49 to $55. The new note on the price target was released on March 25, 2021, representing the official price target for Walgreens Boots Alliance Inc. stock. Previously, the target price had yet another raise to $55, while Robert W. Baird analysts kept a Outperform rating on WBA stock.
The Average True Range (ATR) for Walgreens Boots Alliance Inc. is set at 1.30, with the Price to Sales ratio for WBA stock in the period of the last 12 months amounting to 0.34. The Price to Book ratio for the last quarter was 1.77, with the Price to Cash per share for the same quarter was set at 4.90. Price to Free Cash Flow for WBA in the course of the last twelve months was 18.63 with Quick ratio for the last quarter at 0.40.
WBA stock trade performance evaluation
Walgreens Boots Alliance Inc. [WBA] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.26. With this latest performance, WBA shares gained by 9.27% in over the last four-week period, additionally plugging by 13.55% over the last 6 months – not to mention a rise of 12.64% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for WBA stock in for the last two-week period is set at 67.23, with the RSI for the last a single of trading hit 68.27, and the three-weeks RSI is set at 64.77 for Walgreens Boots Alliance Inc. [WBA]. The present Moving Average for the last 50 days of trading for this stock 49.21, while it was recorded at 53.50 for the last single week of trading, and 50.28 for the last 200 days.
Walgreens Boots Alliance Inc. [WBA]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Walgreens Boots Alliance Inc. [WBA] shares currently have an operating margin of +3.03 and a Gross Margin at +19.73. Walgreens Boots Alliance Inc.’s Net Margin is presently recorded at +1.50.
Return on Total Capital for WBA is now 6.61, given the latest momentum, and Return on Invested Capital for the company is 3.60. Return on Equity for this stock inclined to 9.05, with Return on Assets sitting at 2.37. When it comes to the capital structure of this company, Walgreens Boots Alliance Inc. [WBA] has a Total Debt to Total Equity ratio set at 146.90. Additionally, WBA Total Debt to Total Capital is recorded at 59.50, with Total Debt to Total Assets ending up at 42.32. Long-Term Debt to Equity for the company is recorded at 131.53, with the Long-Term Debt to Total Capital now at 53.27.
Reflecting on the efficiency of the workforce at the company, Walgreens Boots Alliance Inc. [WBA] managed to generate an average of $6,330 per employee. Receivables Turnover for the company is 20.71 with a Total Asset Turnover recorded at a value of 1.57.Walgreens Boots Alliance Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.40 and a Current Ratio set at 0.80.
Earnings per share (EPS) analysis for Walgreens Boots Alliance Inc. [WBA] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for WBA. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Walgreens Boots Alliance Inc. go to 3.67%.
Walgreens Boots Alliance Inc. [WBA]: Insider Ownership positions
There are presently around $26,023 million, or 58.20% of WBA stock, in the hands of institutional investors. The top three institutional holders of WBA stocks are: VANGUARD GROUP INC with ownership of 60,177,599, which is approximately 2.084% of the company’s market cap and around 0.20% of the total institutional ownership; BLACKROCK INC., holding 55,036,288 shares of the stock with an approximate value of $2.96 billion in WBA stocks shares; and STATE STREET CORP, currently with $2.46 billion in WBA stock with ownership of nearly 3.986% of the company’s market capitalization.
Positions in Walgreens Boots Alliance Inc. stocks held by institutional investors increased at the end of January and at the time of the January reporting period, where 589 institutional holders increased their position in Walgreens Boots Alliance Inc. [NASDAQ:WBA] by around 34,918,177 shares. Additionally, 553 investors decreased positions by around 32,407,502 shares, while 202 investors held positions by with 416,021,894 shares. The mentioned changes placed institutional holdings at 483,347,573 shares, according to the latest SEC report filing. WBA stock had 84 new institutional investments in for a total of 3,660,764 shares, while 112 institutional investors sold positions of 10,128,702 shares during the same period.