Walgreens Boots Alliance Company Profile (NASDAQ:WBA)

About Walgreens Boots Alliance (NASDAQ:WBA)

Walgreens Boots Alliance logoWalgreens Boots Alliance, Inc. (Walgreens Boots Alliance) is a holding company. The Company is a global pharmacy-led, health and wellbeing enterprise. Walgreens Boots Alliance operates through three divisions, including Retail Pharmacy USA, Retail Pharmacy International and Pharmaceutical Wholesale. The Company's products are marketed under a number of brands, which include No7, the Botanics range, Almus (generic medicines), Boots Pharmaceuticals and Soap & Glory (bathing and beauty brand). In addition, the Company has investments in Guangzhou Pharmaceuticals Corporation and Nanjing Pharmaceutical Company Limited. The Company operates in around 25 countries, which include the wholesale and distribution network with over 340 distribution centers and more than 180,000 pharmacies, health centers and hospitals in 19 countries.

Industry, Sector and Symbol: Capitalization:
  • Market Cap: $72.24 billion
  • Outstanding Shares: 1,070,096,000
Average Prices:
  • 50 Day Moving Avg: $76.37
  • 200 Day Moving Avg: $80.09
  • 52 Week Range: $66.92 - $88.00
P/E:
  • Trailing P/E Ratio: 17.19
  • Foreward P/E Ratio: 12.34
  • P/E Growth: 1.15
Sales & Book Value:
  • Annual Revenue: $116.7 billion
  • Price / Sales: 0.62
  • Book Value: $28.60 per share
  • Price / Book: 2.36
Dividend:
  • Annual Dividend: $1.60
  • Dividend Yield: 2.4%
Profitability:
  • EBITDA: $7.34 billion
  • Net Margins: 3.69%
  • Return on Equity: 17.34%
  • Return on Assets: 7.26%
Debt:
  • Debt-to-Equity Ratio: 0.46%
  • Current Ratio: 1.30%
  • Quick Ratio: 0.90%
Misc:
  • Average Volume: 5.91 million shs.
  • Beta: 1.25
  • Short Ratio: 2.32
 

Frequently Asked Questions for Walgreens Boots Alliance (NASDAQ:WBA)

What is Walgreens Boots Alliance's stock symbol?

Walgreens Boots Alliance trades on the NASDAQ under the ticker symbol "WBA."

How often does Walgreens Boots Alliance pay dividends? What is the dividend yield for Walgreens Boots Alliance?

Walgreens Boots Alliance announced a quarterly dividend on Thursday, July 13th. Shareholders of record on Friday, August 18th will be given a dividend of $0.40 per share on Tuesday, September 12th. This represents a $1.60 annualized dividend and a yield of 2.37%. The ex-dividend date is Wednesday, August 16th. This is a boost from Walgreens Boots Alliance's previous quarterly dividend of $0.38. View Walgreens Boots Alliance's Dividend History.

How will Walgreens Boots Alliance's stock buyback program work?

Walgreens Boots Alliance declared that its Board of Directors has authorized a stock repurchase plan on Friday, June 30th 2017, which allows the company to buyback $5,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to buy up to 5.9% of its stock through open market purchases. Stock buyback plans are generally a sign that the company's management believes its shares are undervalued.

How were Walgreens Boots Alliance's earnings last quarter?

Walgreens Boots Alliance, Inc. (NASDAQ:WBA) announced its earnings results on Wednesday, July, 6th. The company reported $1.18 earnings per share for the quarter, topping the consensus estimate of $1.14 by $0.04. The company had revenue of $29.50 billion for the quarter, compared to the consensus estimate of $29.93 billion. Walgreens Boots Alliance had a net margin of 3.69% and a return on equity of 17.34%. The company's quarterly revenue was up 2.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.02 EPS. View Walgreens Boots Alliance's Earnings History.

When will Walgreens Boots Alliance make its next earnings announcement?

Walgreens Boots Alliance is scheduled to release their next quarterly earnings announcement on Wednesday, October, 25th 2017. View Earnings Estimates for Walgreens Boots Alliance.

Where is Walgreens Boots Alliance's stock going? Where will Walgreens Boots Alliance's stock price be in 2017?

19 analysts have issued 1-year target prices for Walgreens Boots Alliance's stock. Their forecasts range from $72.00 to $100.00. On average, they expect Walgreens Boots Alliance's share price to reach $88.81 in the next year. View Analyst Ratings for Walgreens Boots Alliance.

What are analysts saying about Walgreens Boots Alliance stock?

Here are some recent quotes from research analysts about Walgreens Boots Alliance stock:

  • 1. According to Zacks Investment Research, "Walgreens faces tough competitive landscapes along with currency fluctuations. Also, slowdown in generic introduction continues to weigh upon the company’s margins. However, over the last year, Walgreens has been trading above the broader industry. The company finally gaining approval from the U.S. Federal Trade Commission (FTC) for the modified deal involving purchase of a number of Rite Aid (RAD) store buoys optimism. Although investors did not show much optimism regarding the company’s purchase of fewer-than-expected stores, we believe the deal’s financial outcome is pretty attractive. Moreover, this modified merger contract is expected to extend Walgreens’ growth strategy and offer additional operational benefits. We are also upbeat about Walgreens’ ‘Next Chapter plan’ through fiscal 2017 focusing on a multi-faceted cost-reduction initiative across the enterprise." (10/17/2017)
  • 2. Pivotal Research analysts commented, "We believe that the asset based transaction with Rite Aid is much more beneficial for Walgreens Boots Alliance compared to the amended merger agreement from January 2017. Our quick read thru is that WBA is paying around $2.5 million per store compared to more than $4.1 million under the proposed transaction which would have included the divestiture of up to 1200 stores to Fred’s. Management appears to have a high level of confidence that it understands what is required from an FTC perspective and that the third attempt to consummate a deal with Rite Aid will pass regulatory scrutiny. The newly authorized share buyback program of $5 billion is also a significant positive for investors. The scaled down version transaction with Rite Aid will allow Walgreen to shrink the count at an accelerated rate through FY18. That said, we expect that core earnings will continue to be pressured. Quality of earnings was lacking of 3Q17, with a $0.07-$0.08 per share benefit from a lower than expected tax rate. Additionally, FIFO gross margin was down by 150 bps in the latest quarter on continued reimbursement pressures." (7/2/2017)
  • 3. Jefferies Group LLC analysts commented, "We believe that today’s announcement of the proposed divestiture of 865 RAD stores to FRED for $950MM in cash should be sufficient to appease regulatory competition concerns and eliminate concerns about WBA’s ability to close the RAD deal." (12/21/2016)

Are investors shorting Walgreens Boots Alliance?

Walgreens Boots Alliance saw a increase in short interest during the month of September. As of September 29th, there was short interest totalling 21,631,489 shares, an increase of 9.0% from the September 15th total of 19,846,113 shares. Based on an average daily volume of 6,371,016 shares, the days-to-cover ratio is currently 3.4 days. Approximately 2.3% of the company's shares are short sold.

Who are some of Walgreens Boots Alliance's key competitors?

Who owns Walgreens Boots Alliance stock?

Walgreens Boots Alliance's stock is owned by a variety of of institutional and retail investors. Top institutional investors include APG Asset Management N.V. (0.23%), PGGM Investments (0.09%), Strs Ohio (0.06%), Nationwide Fund Advisors (0.04%), State Treasurer State of Michigan (0.03%) and Alta Capital Management LLC (0.02%). Company insiders that own Walgreens Boots Alliance stock include Barry Rosenstein, George Rollo Fairweather, Janice M Babiak, John Anthony Lederer, Kathleen Wilson-Thompson, Ornella Barra, Stefano Pessina and William C Foote. View Institutional Ownership Trends for Walgreens Boots Alliance.

Who sold Walgreens Boots Alliance stock? Who is selling Walgreens Boots Alliance stock?

Walgreens Boots Alliance's stock was sold by a variety of institutional investors in the last quarter, including APG Asset Management N.V., BB&T Corp, Nationwide Fund Advisors, Schmidt P J Investment Management Inc., Strs Ohio, Park National Corp OH, Wendell David Associates Inc. and Bridges Investment Counsel Inc.. Company insiders that have sold Walgreens Boots Alliance stock in the last year include Kathleen Wilson-Thompson and William C Foote. View Insider Buying and Selling for Walgreens Boots Alliance.

Who bought Walgreens Boots Alliance stock? Who is buying Walgreens Boots Alliance stock?

Walgreens Boots Alliance's stock was acquired by a variety of institutional investors in the last quarter, including PGGM Investments, Oakbrook Investments LLC, Carnick & Kubik Group LLC, Harrington Investments INC, Mutual of America Capital Management LLC, Assenagon Asset Management S.A., Hefty Wealth Partners and Rockefeller Financial Services Inc.. Company insiders that have bought Walgreens Boots Alliance stock in the last two years include Janice M Babiak, John Anthony Lederer, Ornella Barra and Stefano Pessina. View Insider Buying and Selling for Walgreens Boots Alliance.

How do I buy Walgreens Boots Alliance stock?

Shares of Walgreens Boots Alliance can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Walgreens Boots Alliance's stock price today?

One share of Walgreens Boots Alliance stock can currently be purchased for approximately $67.51.


MarketBeat Community Rating for Walgreens Boots Alliance (NASDAQ WBA)
Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  742 (Vote Outperform)
Underperform Votes:  568 (Vote Underperform)
Total Votes:  1,310
MarketBeat's community ratings are surveys of what our community members think about Walgreens Boots Alliance and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Walgreens Boots Alliance (NASDAQ:WBA) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 6 Hold Ratings, 13 Buy Ratings
Consensus Rating:Buy (Score: 2.68)
Consensus Price Target: $88.81 (31.55% upside)
Consensus Price Target History for Walgreens Boots Alliance (NASDAQ:WBA)
Price Target History for Walgreens Boots Alliance (NASDAQ:WBA)
Analysts' Ratings History for Walgreens Boots Alliance (NASDAQ:WBA)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/19/2017Robert W. BairdReiterated RatingOutperform$90.00 -> $80.00N/AView Rating Details
10/15/2017SunTrust Banks, Inc.Set Price TargetHold$72.00N/AView Rating Details
10/12/2017Needham & Company LLCReiterated RatingBuy$94.00N/AView Rating Details
10/6/2017Morgan StanleyDowngradeOverweight -> Equal Weight$95.00 -> $85.00N/AView Rating Details
10/2/2017Jefferies Group LLCReiterated RatingBuy$95.00LowView Rating Details
9/27/2017Raymond James Financial, Inc.Reiterated RatingOutperform -> Market PerformLowView Rating Details
9/19/2017Royal Bank Of CanadaInitiated CoverageOutperform -> Outperform$96.00MediumView Rating Details
8/24/2017Loop CapitalInitiated CoverageBuy -> Buy$95.00LowView Rating Details
7/13/2017Credit Suisse GroupReiterated RatingBuy$97.00LowView Rating Details
7/7/2017Leerink SwannSet Price TargetBuy$90.00 -> $86.00LowView Rating Details
7/3/2017Citigroup Inc.Reiterated RatingBuyLowView Rating Details
7/3/2017GuggenheimReiterated RatingBuyLowView Rating Details
7/2/2017Pivotal ResearchSet Price TargetHold$85.00LowView Rating Details
6/28/2017Goldman Sachs Group, Inc. (The)Reiterated RatingNeutral$89.00 -> $77.00LowView Rating Details
4/1/2017Barclays PLCSet Price TargetHold$79.00LowView Rating Details
3/22/2017Deutsche Bank AGReiterated RatingBuy$92.00LowView Rating Details
2/6/2017Atlantic SecuritiesUpgradeNeutral -> Overweight$95.00N/AView Rating Details
1/31/2017Evercore ISIReiterated RatingBuy$93.00N/AView Rating Details
1/31/2017Wells Fargo & CompanyReiterated RatingOutperformN/AView Rating Details
8/30/2016Bank of America CorporationReiterated RatingBuy$94.00N/AView Rating Details
7/22/2016Keefe, Bruyette & WoodsReiterated RatingMarket Perform -> UnderperformN/AView Rating Details
7/7/2016J P Morgan Chase & CoReiterated RatingBuyN/AView Rating Details
7/7/2016FBR & CoLower Price TargetMarket Perform$90.00 -> $85.00N/AView Rating Details
3/1/2016MizuhoUpgradeNeutral -> Buy$89.00 -> $90.00N/AView Rating Details
10/30/2015ScotiabankBoost Price Target$100.00 -> $101.00N/AView Rating Details
10/29/2015S&P Equity ResearchReiterated RatingBuy$99.00N/AView Rating Details
10/28/2015Cowen and CompanyReiterated RatingBuy$102.00N/AView Rating Details
(Data available from 10/23/2015 forward)

Earnings

Earnings History for Walgreens Boots Alliance (NASDAQ:WBA)
Earnings by Quarter for Walgreens Boots Alliance (NASDAQ:WBA)
Earnings History by Quarter for Walgreens Boots Alliance (NASDAQ WBA)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/25/2017        
6/29/2017Q3 2017$1.30$1.33$29.72 billion$30.12 billionViewN/AView Earnings Details
4/5/2017Q2 2017$1.36$1.36$30.17 billion$29.45 billionViewListenView Earnings Details
1/5/2017Q117$1.09$1.10$29.37 billion$28.50 billionViewListenView Earnings Details
10/20/2016Q416$0.99$1.07$29.06 billion$28.60 billionViewListenView Earnings Details
7/6/2016Q316$1.14$1.18$29.93 billion$29.50 billionViewN/AView Earnings Details
4/5/2016Q216$1.28$1.31$30.72 billion$30.18 billionViewN/AView Earnings Details
1/7/2016Q116$0.96$1.03$29.24 billion$29.00 billionViewN/AView Earnings Details
10/28/2015Q415$0.81$0.88$28.45 billion$28.50 billionViewListenView Earnings Details
7/9/2015Q315$0.87$1.02$30.28 billion$28.80 billionViewN/AView Earnings Details
4/9/2015Q215$0.94$1.18$27.27 billion$26.60 billionViewN/AView Earnings Details
12/23/2014Q115$0.75$0.81$19.43 billion$19.55 billionViewN/AView Earnings Details
9/30/2014Q414$0.74$0.74$19.02 billion$19.06 billionViewN/AView Earnings Details
6/24/2014Q314$0.94$0.91$19.33 billion$19.40 billionViewN/AView Earnings Details
3/25/2014Q214$0.93$0.91$19.61 billion$19.60 billionViewN/AView Earnings Details
12/20/2013Q1$0.72$0.72$17.98 billion$18.30 billionViewListenView Earnings Details
10/1/2013Q413$0.72$0.73$17.95 billion$17.90 billionViewN/AView Earnings Details
6/25/2013Q3 2013$0.91$0.85$18.44 billion$18.30 billionViewN/AView Earnings Details
3/19/2013Q2 2013$0.94$0.96$18.72 billion$18.65 billionViewN/AView Earnings Details
12/21/2012Q1 2013$0.70$0.58$17.50 billion$17.32 billionViewN/AView Earnings Details
9/28/2012Q412$0.56$0.63$17.16 billion$17.10 billionViewN/AView Earnings Details
6/19/2012$0.63$0.62ViewN/AView Earnings Details
3/27/2012$0.77$0.78ViewN/AView Earnings Details
12/21/2011$0.67$0.63ViewN/AView Earnings Details
9/27/2011$0.56$0.57ViewN/AView Earnings Details
6/21/2011$0.63$0.66ViewN/AView Earnings Details
3/22/2011$0.80$0.80ViewN/AView Earnings Details
12/22/2010$0.54$0.62$17.31 billion$17.34 billionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Walgreens Boots Alliance (NASDAQ:WBA)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$1.44$1.44$1.44
Q2 20171$1.35$1.35$1.35
Q3 20171$1.24$1.24$1.24
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Walgreens Boots Alliance (NASDAQ:WBA)
Most Recent Dividend:9/12/2017
Annual Dividend:$1.60
Dividend Yield:2.37%
Payout Ratio:40.30% (Trailing 12 Months of Earnings)
32.00% (Based on This Year's Estimates)
29.25% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Walgreens Boots Alliance (NASDAQ:WBA)

Dividend History by Quarter for Walgreens Boots Alliance (NASDAQ WBA)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/13/2017quarterly$0.402.05%8/16/20178/18/20179/12/2017
4/21/2017quarterly$0.381.79%5/16/20175/18/20176/12/2017
1/27/2017quarterly$0.381.84%2/13/20172/15/20173/10/2017
10/13/2016quarterly$0.381.92%11/15/201611/17/201612/12/2016
7/14/2016quarterly$0.381.79%8/17/20168/19/20169/12/2016
4/13/2016quarterly$0.361.78%5/16/20165/18/20166/10/2016
1/29/2016quarterly$0.361.81%2/16/20162/18/20163/11/2016
10/15/2015quarterly$0.361.65%11/12/201511/16/201512/11/2015
7/10/2015quarterly$0.361.55%8/17/20158/19/20159/11/2015
4/9/2015quarterly$0.341.46%5/19/20155/21/20156/12/2015
1/16/2015special$0.342/13/20152/18/20153/12/2015
10/8/2014quarterly$0.342.19%11/13/201411/17/201412/12/2014
8/7/2014quarterly$0.342.22%8/19/20148/21/20149/12/2014
4/9/2014quarterly$0.321.99%5/19/20145/21/20146/12/2014
1/9/2014quarterly$0.322.09%2/13/20142/18/20143/12/2014
10/9/2013quarterly$0.322.25%11/14/201311/18/201312/12/2013
7/10/2013quarterly$0.322.59%8/16/20138/20/20139/12/2013
4/10/2013quarterly$0.282.26%5/17/20135/21/20136/12/2013
1/10/2013quarterly$0.282.81%2/13/20132/15/20133/12/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Walgreens Boots Alliance (NASDAQ:WBA)
Insider Ownership Percentage: 13.50%
Institutional Ownership Percentage: 60.14%
Insider Trades by Quarter for Walgreens Boots Alliance (NASDAQ:WBA)
Institutional Ownership by Quarter for Walgreens Boots Alliance (NASDAQ:WBA)
Insider Trades by Quarter for Walgreens Boots Alliance (NASDAQ:WBA)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
7/25/2017William C FooteDirectorSell2,736$79.79$218,305.44View SEC Filing  
5/3/2017William C FooteDirectorSell2,736$85.89$234,995.04View SEC Filing  
2/7/2017Ornella BarraCOOBuy124,000$80.93$10,035,320.00View SEC Filing  
2/2/2017Janice M BabiakDirectorBuy600$80.68$48,408.00View SEC Filing  
11/28/2016Kathleen Wilson-ThompsonEVPSell5,700$85.05$484,785.00View SEC Filing  
11/4/2016Stefano PessinaInsiderBuy2,000,000$81.41$162,820,000.00View SEC Filing  
11/2/2016William C FooteDirectorSell2,067$81.30$168,047.10View SEC Filing  
9/8/2016Kathleen Wilson-ThompsonEVPSell23,996$85.00$2,039,660.00View SEC Filing  
7/26/2016William C FooteDirectorSell2,067$81.35$168,150.45View SEC Filing  
7/14/2016Kathleen Wilson-ThompsonEVPSell29,695$83.00$2,464,685.00View SEC Filing  
7/8/2016Kathleen Wilson-ThompsonEVPSell29,695$81.03$2,406,185.85View SEC Filing  
6/10/2016Kathleen Wilson-ThompsonEVPSell29,603$83.13$2,460,897.39View SEC Filing  
5/16/2016Barry RosensteinDirectorSell6,000,000$77.29$463,740,000.00View SEC Filing  
4/21/2016William C FooteDirectorSell2,066$80.99$167,325.34View SEC Filing  
4/15/2016George Rollo FairweatherCFOSell50,000$81.52$4,076,000.00View SEC Filing  
3/17/2016Kathleen Wilson-ThompsonEVPSell13,728$83.01$1,139,561.28View SEC Filing  
2/18/2016Barry RosensteinDirectorSell1,720,900$76.96$132,440,464.00View SEC Filing  
1/12/2016John Anthony LedererDirectorBuy10,000$81.00$810,000.00View SEC Filing  
11/20/2015Barry RosensteinDirectorSell1,452,470$82.37$119,639,953.90View SEC Filing  
11/4/2015William C FooteDirectorSell3,500$88.36$309,260.00View SEC Filing  
11/2/2015John Anthony LedererDirectorBuy10,000$84.88$848,800.00View SEC Filing  
7/16/2015William C FooteDirectorSell3,500$94.95$332,325.00View SEC Filing  
4/29/2015John Anthony LedererDirectorBuy10,000$85.00$850,000.00View SEC Filing  
1/29/2015Thomas J Sabatino JrCAOSell36,477$73.76$2,690,543.52View SEC Filing  
12/15/2014Kathleen Wilson-ThompsonSVPSell40,769$73.75$3,006,713.75View SEC Filing  
11/7/2014Kermit R CrawfordEVPSell126,441$66.32$8,385,567.12View SEC Filing  
11/3/2014Sona ChawlaCMOSell21,200$65.00$1,378,000.00View SEC Filing  
10/14/2014Barry RosensteinDirectorBuy1,250,000$61.86$77,325,000.00View SEC Filing  
9/19/2014Sona ChawlaCMOSell9,443$63.44$599,063.92View SEC Filing  
8/11/2014Mia M ScholzSVPSell81,015$61.93$5,017,258.95View SEC Filing  
8/7/2014Gregory D WassonCEOSell24,279$60.06$1,458,196.74View SEC Filing  
4/16/2014Robert ZimmermanSVPSell26,201$66.07$1,731,100.07View SEC Filing  
4/15/2014Kermit CrawfordInsiderSell74,287$66.01$4,903,684.87View SEC Filing  
1/24/2014Graham AtkinsonSVPSell24,304$58.05$1,410,847.20View SEC Filing  
1/16/2014Robert ZimmermanSVPSell10,426$60.00$625,560.00View SEC Filing  
1/13/2014Timothy TheriaultSVPSell64,815$60.50$3,921,307.50View SEC Filing  
7/12/2013Stefano PessinaDirectorBuy34,439$45.77$1,576,273.03View SEC Filing  
5/21/2013Kermit R CrawfordInsiderSell10,000$50.03$500,300.00View SEC Filing  
4/19/2013Stefano PessinaDirectorBuy83,299$48.62$4,049,997.38View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

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Walgreens Boots Alliance (WBA) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

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