Shares of Walgreens Boots Alliance, Inc. (NASDAQ:WBA – Get Free Report) have been assigned a consensus rating of “Reduce” from the fifteen research firms that are covering the stock, Marketbeat reports. Four analysts have rated the stock with a sell recommendation, nine have given a hold recommendation and two have assigned a buy recommendation to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $12.58.
WBA has been the subject of a number of research analyst reports. Truist Financial lowered their price objective on shares of Walgreens Boots Alliance from $13.00 to $10.00 and set a “hold” rating for the company in a research report on Monday, October 7th. Evercore ISI increased their price target on Walgreens Boots Alliance from $7.50 to $10.00 and gave the company an “in-line” rating in a research note on Wednesday, October 16th. Barclays boosted their price objective on Walgreens Boots Alliance from $7.00 to $8.00 and gave the stock an “underweight” rating in a research report on Wednesday, October 16th. Royal Bank of Canada dropped their target price on Walgreens Boots Alliance from $13.00 to $9.00 and set a “sector perform” rating for the company in a research report on Wednesday, December 4th. Finally, Morgan Stanley reduced their price target on Walgreens Boots Alliance from $9.00 to $7.00 and set an “underweight” rating on the stock in a report on Friday, October 11th.
Check Out Our Latest Research Report on Walgreens Boots Alliance
Institutional Investors Weigh In On Walgreens Boots Alliance
Walgreens Boots Alliance Stock Down 1.5 %
NASDAQ WBA opened at $9.19 on Friday. The business has a fifty day moving average price of $9.21 and a two-hundred day moving average price of $10.14. The stock has a market capitalization of $7.94 billion, a PE ratio of -0.92, a PEG ratio of 1.36 and a beta of 0.66. Walgreens Boots Alliance has a fifty-two week low of $8.08 and a fifty-two week high of $26.41. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.68 and a quick ratio of 0.37.
Walgreens Boots Alliance (NASDAQ:WBA – Get Free Report) last announced its quarterly earnings data on Tuesday, October 15th. The pharmacy operator reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.36 by $0.03. The business had revenue of $37.50 billion during the quarter, compared to the consensus estimate of $35.75 billion. Walgreens Boots Alliance had a positive return on equity of 14.23% and a negative net margin of 5.85%. Walgreens Boots Alliance’s revenue for the quarter was up 5.9% on a year-over-year basis. During the same period in the prior year, the company earned $0.67 EPS. Equities analysts expect that Walgreens Boots Alliance will post 1.53 earnings per share for the current fiscal year.
Walgreens Boots Alliance Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Thursday, December 12th. Shareholders of record on Monday, November 18th were issued a dividend of $0.25 per share. The ex-dividend date of this dividend was Monday, November 18th. This represents a $1.00 dividend on an annualized basis and a yield of 10.88%. Walgreens Boots Alliance’s payout ratio is currently -9.99%.
About Walgreens Boots Alliance
Walgreens Boots Alliance, Inc operates as a healthcare, pharmacy, and retail company in the United States, the United Kingdom, Germany, and internationally. It operates through three segments: U.S. Retail Pharmacy, International, and U.S. Healthcare. The U.S. Retail Pharmacy segment engages in operation of the retail drugstores, health and wellness services, specialty, and home delivery pharmacy services, which offers health and wellness, beauty, personal care and consumables, and general merchandise.
Featured Articles
- Five stocks we like better than Walgreens Boots Alliance
- How to Read Stock Charts for Beginners
- 3 Legacy Tech Companies Reemerging as AI Leaders
- How to Evaluate a Stock Before Buying
- Analysts’ Favorite Cybersecurity Stocks: 3 Top Picks
- What is the Shanghai Stock Exchange Composite Index?
- Analysts Are Bullish: 3 Tech Giants With Upgraded Price Targets
Receive News & Ratings for Walgreens Boots Alliance Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Walgreens Boots Alliance and related companies with MarketBeat.com's FREE daily email newsletter.