Barclays slashes price target on Walgreens Boots Alliance Inc [WBA] – find out why.

Walgreens Boots Alliance Inc [NASDAQ: WBA] slipped around -0.76 points on Friday, while shares priced at $23.27 at the close of the session, down -3.16%. The company report on January 10, 2024 at 9:15 AM that Walgreens Celebrates 15 Years of the Expressions Challenge.

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Walgreens Boots Alliance Inc stock is now -10.88% down from its year-to-date (YTD) trading value. WBA Stock saw the intraday high of $24.20 and lowest of $23.175 per share. The company’s 52-week high price is 37.96, which means current price is +3.06% above from all time high which was touched on 01/02/24.

Compared to the average trading volume of 14.13M shares, WBA reached a trading volume of 17425046 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus 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 $25.62 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.

Barclays have made an estimate for Walgreens Boots Alliance Inc shares, keeping their opinion on the stock as Underweight, with their previous recommendation back on January 03, 2024.

The Average True Range (ATR) for Walgreens Boots Alliance Inc is set at 1.04, with the Price to Sales ratio for WBA stock in the period of the last 12 months amounting to 0.14. The Price to Book ratio for the last quarter was 1.03, with the Price to Cash per share for the same quarter was set at 0.91.

How has WBA stock performed recently?

Walgreens Boots Alliance Inc [WBA] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -6.96. With this latest performance, WBA shares gained by 1.48% in over the last four-week period, additionally sinking by -20.31% over the last 6 months – not to mention a drop of -37.31% 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 42.10, with the RSI for the last a single of trading hit 34.32, and the three-weeks RSI is set at 46.24 for Walgreens Boots Alliance Inc [WBA]. The present Moving Average for the last 50 days of trading for this stock 22.96, while it was recorded at 24.59 for the last single week of trading, and 27.16 for the last 200 days.

Walgreens Boots Alliance Inc [WBA]: Deeper insight into the 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 +2.15 and a Gross Margin at +17.84. Walgreens Boots Alliance Inc’s Net Margin is presently recorded at -2.21.

Return on Total Capital for WBA is now 4.60, given the latest momentum, and Return on Invested Capital for the company is -5.62. Return on Equity for this stock declined to -13.60, with Return on Assets sitting at -3.30. 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 172.37. Additionally, WBA Total Debt to Total Capital is recorded at 63.29, with Total Debt to Total Assets ending up at 35.71. Long-Term Debt to Equity for the company is recorded at 155.78, with the Long-Term Debt to Total Capital now at 57.20.

Reflecting on the efficiency of the workforce at the company, Walgreens Boots Alliance Inc [WBA] managed to generate an average of -$9,305 per employee. Receivables Turnover for the company is 26.75 with a Total Asset Turnover recorded at a value of 1.49.Walgreens Boots Alliance Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.30 and a Current Ratio set at 0.66.

Earnings analysis for Walgreens Boots Alliance Inc [WBA]

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 -4.77%.

Insider trade positions for Walgreens Boots Alliance Inc [WBA]

The top three institutional holders of WBA stocks are: VANGUARD GROUP INC with ownership of 1.3 billion shares, which is approximately 8.2815%. BLACKROCK INC., holding 1.03 billion shares of the stock with an approximate value of $176.59 billion in WBA stocks shares; and BERKSHIRE HATHAWAY INC, currently with $156.75 billion in WBA stock with ownership which is approximately 5.8325%.