Walgreens Boots Alliance Inc. [WBA] has traded in a range of $33.36 to $59.92 in the last 1 year. As of this writing, the stock is at $43.41, up 1.38%. To check whether the stock’s short-term amount has a thrust, its good to check stock’s recent movement. Over the last week, WBA shares are 11.31% up with the monthly amount drift of 19.60% and seems well in a long time frame.
On 3, December 2020, Walgreens Introduces Walgreens Advertising Group (wag), a New Advanced Data and Technology-led Retail Media Offering for Brands to Deliver Personalized Experiences to their Best Shoppers. According to news published on Yahoo Finance, wag is a modern, personalization engine leveraging insights from 100+ million loyalty members and one billion daily digital touchpoints with customers to bring brands a more meaningful way to connect with consumers.
Analyst Birdseye View:
The most recent analyst activity for Walgreens Boots Alliance Inc. [NASDAQ:WBA] stock was on April 03, 2020, when it was Upgrade with a Hold rating from Deutsche Bank, which also lowered its 12-month price target on the stock from $51 to $43. Before that, on April 06, 2020, UBS Recapitulated a Neutral rating and elevated its amount target to $44. On December 11, 2019, Wells Fargo Downgrade a Market perform rating and plunged its price target on this stock from $65 to $61. On October 30, 2019, Pivotal Research Group Reiterated a Hold rating and decreased its price target from $60 to $55. On October 23, 2019, JP Morgan Downgrade a Neutral rating and decreased its price target to $63. On September 27, 2019, RBC Capital Mkts Resumed a Sector perform rating and boosted its amount on this stock to $59. On September 12, 2019, Deutsche Bank Initiated a Sell rating. On April 18, 2019 Guggenheim Initiated a Neutral rating and elevated its amount target to $59.
In the past 52 weeks of trading, this stock has oscillated between a low of $33.36 and a peak of $59.92. Right now, the middling Wall Street analyst 12-month amount mark is $40.00. At the most recent market close, shares of Walgreens Boots Alliance Inc. [NASDAQ:WBA] were valued at $43.41. According to the average price forecast, investors can expect a potential return of 0.43%.
Walgreens Boots Alliance Inc. [NASDAQ:WBA] most recently reported quarterly sales of 34.75 billion, which represented growth of 2.30%. This publicly-traded organization’s revenue is $421,562 per employee, while its income is $1,378 per employee. This company’s Gross Margin is currently 20.10%, its Operating Margin is 0.90%, its Pretax Margin is +0.53, and its Net Margin is +0.33. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 0.59, 2.07, 7.13 and 0.99 respectively.
If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 66.97 and the whole liability to whole assets at 47.99. It shows enduring liability to the whole principal at 57.27 and enduring liability to assets at 0.41 while looking for an extended time period.
Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 42.27 points at 1st support level, the second support level is making up to 41.13. But as of 1st resistance point, this stock is sitting at 44.00 and at 44.59 for 2nd resistance point.
Walgreens Boots Alliance Inc. [WBA] reported its earnings at $1.02 per share in the fiscal quarter closing of 8/30/2020. The Analysts for Wall Street were expecting to report its earnings at $0.96/share signifying the difference of 0.06 and 6.30% surprise value. Comparing the previous quarter ending of 5/30/2020, the stated earnings were $0.83 calling estimates for $1.17/share with the difference of -0.34 depicting the surprise of -29.10%.
Important Ratio’s To Watch
Meanwhile, turning our focus to liquidity, the Current Ratio for Walgreens Boots Alliance Inc. [NASDAQ:WBA] is 0.70. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.03. Now if looking for a valuation of this stock’s amount to sales ratio it’s 0.24, it’s amount to book ratio is 1.59 and showing 87.87 of P/E (TTM) ratio.
The most recent insider trade was by Pagni Marco Patrick Anthony, EVP, Global CAO and GC, and it was the sale of 5000.0 shares on Nov 11.