Market cap of Walgreens Boots Alliance Inc. [WBA] reaches 35.78B – now what?

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Walgreens Boots Alliance Inc. [NASDAQ: WBA] stock went on an upward path that rose over 1.30% on Monday, amounting to a one-week price increase of more than 7.30%. The company report on June 27, 2022 that Walgreens Honors Veterans, Active Duty Military and Families with Weekend Discount in Honor of Independence Day Friday, July 1 through Monday, July 4.


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To honor the service and sacrifices of Americans who served in the armed forces, Walgreens is offering a weekend Independence Day discount to all veterans, active duty military personnel and their immediate family members, including the families of those who lost their lives in service to their country.

Beginning July 1 through July 4, customers with a myWalgreens membership and valid military ID or proof of service will receive 20 percent off regularly priced products at any Walgreens or Duane Reade drugstore nationwide. myWalgreens customer loyalty platform membership is free and can be obtained at checkout. Restrictions may apply.

Over the last 12 months, WBA stock dropped by -19.11%. The one-year Walgreens Boots Alliance Inc. stock forecast points to a potential upside of 9.33. The average equity rating for WBA stock is currently 3.10, trading closer to a bullish pattern in the stock market.

The market cap for the stock reached $35.78 billion, with 863.50 million shares outstanding and 714.14 million shares in the current float. Compared to the average trading volume of 7.30M shares, WBA stock reached a trading volume of 7137281 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on 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 $46.53 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 3.10. 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.

Robert W. Baird have made an estimate for Walgreens Boots Alliance Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on April 01, 2022. While these analysts kept the previous recommendation, Morgan Stanley dropped their target price from $56 to $49. The new note on the price target was released on December 16, 2021, representing the official price target for Walgreens Boots Alliance Inc. stock. Previously, the target price had yet another raise from $49 to $55, while Deutsche Bank kept a Hold rating on WBA stock.

The Average True Range (ATR) for Walgreens Boots Alliance Inc. is set at 1.17, with the Price to Sales ratio for WBA stock in the period of the last 12 months amounting to 0.26. The Price to Book ratio for the last quarter was 1.36, with the Price to Cash per share for the same quarter was set at 2.23. Price to Free Cash Flow for WBA in the course of the last twelve months was 18.03 with Quick ratio for the last quarter at 0.30.

WBA Stock Performance Analysis:

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 7.30. With this latest performance, WBA shares dropped by -0.64% in over the last four-week period, additionally sinking by -16.42% over the last 6 months – not to mention a drop of -19.11% 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 52.48, with the RSI for the last a single of trading hit 59.02, and the three-weeks RSI is set at 49.25 for Walgreens Boots Alliance Inc. [WBA]. The present Moving Average for the last 50 days of trading for this stock 42.94, while it was recorded at 41.06 for the last single week of trading, and 47.12 for the last 200 days.

Insight into Walgreens Boots Alliance Inc. 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 0.30 and a Current Ratio set at 0.70.

WBA Stock EPS

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 1.95%.

Walgreens Boots Alliance Inc. [WBA] Insider Position Details

There are presently around $20,869 million, or 59.60% of WBA stock, in the hands of institutional investors. The top three institutional holders of WBA stocks are: VANGUARD GROUP INC with ownership of 59,003,949, which is approximately -0.421% of the company’s market cap and around 0.10% of the total institutional ownership; BLACKROCK INC., holding 57,751,600 shares of the stock with an approximate value of $2.41 billion in WBA stocks shares; and STATE STREET CORP, currently with $2.08 billion in WBA stock with ownership of nearly 6.206% of the company’s market capitalization.

Positions in Walgreens Boots Alliance Inc. stocks held by institutional investors increased at the end of June and at the time of the June reporting period, where 675 institutional holders increased their position in Walgreens Boots Alliance Inc. [NASDAQ:WBA] by around 45,546,782 shares. Additionally, 590 investors decreased positions by around 39,139,389 shares, while 194 investors held positions by with 416,373,142 shares. The mentioned changes placed institutional holdings at 501,059,313 shares, according to the latest SEC report filing. WBA stock had 98 new institutional investments in for a total of 3,988,254 shares, while 137 institutional investors sold positions of 7,576,510 shares during the same period.

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