Walgreens Boots Alliance (WBA) Stock Forecast, Price & News

13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Walgreens Boots Alliance in the last year. There are currently 1 sell rating, 8 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" WBA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WBA, but not buy additional shares or sell existing shares.
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13 Wall Street research analysts have issued 1 year target prices for Walgreens Boots Alliance's stock. Their WBA share price forecasts range from $35.00 to $54.00. On average, they anticipate the company's stock price to reach $42.46 in the next year. This suggests a possible upside of 41.5% from the stock's current price.
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Walgreens Boots Alliance's stock was trading at $37.36 at the beginning of the year. Since then, WBA shares have decreased by 19.7% and is now trading at $30.01.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, June 29th 2023.
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Walgreens Boots Alliance, Inc. (NASDAQ:WBA) released its earnings results on Tuesday, March, 28th. The pharmacy operator reported $1.16 earnings per share for the quarter, topping the consensus estimate of $1.10 by $0.06. The pharmacy operator had revenue of $34.86 billion for the quarter, compared to analyst estimates of $33.56 billion. Walgreens Boots Alliance had a positive trailing twelve-month return on equity of 12.42% and a negative net margin of 2.36%. The firm's revenue for the quarter was up 3.3% on a year-over-year basis. During the same period in the prior year, the firm earned $1.59 EPS.
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Walgreens Boots Alliance announced a quarterly dividend on Thursday, April 20th. Stockholders of record on Friday, May 19th will be given a dividend of $0.48 per share on Monday, June 12th. This represents a $1.92 annualized dividend and a dividend yield of 6.40%. The ex-dividend date of this dividend is Thursday, May 18th.
Read our dividend analysis for WBA.

ETFs with the largest weight of Walgreens Boots Alliance (NASDAQ:WBA) stock in their portfolio include Invesco Dow Jones Industrial Average Dividend ETF (DJD), Invesco S&P Ultra Dividend Revenue ETF (RDIV), First Trust Consumer Staples AlphaDEX Fund (FXG), Sound Equity Income ETF (SDEI), USCF Dividend Income Fund (UDI), First Trust Dow 30 Equal Weight ETF (EDOW), Qraft AI-Enhanced Next Value ETF (NVQ) and Xtrackers S&P ESG Dividend Aristocrats ETF (SNPD).

Walgreens Boots Alliance (NASDAQ:WBA) pays an annual dividend of $1.92 per share and currently has a dividend yield of 6.40%. WBA has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for WBA.

Walgreens Boots Alliance updated its FY 2023 earnings guidance on Wednesday, March, 29th. The company provided EPS guidance of $4.45-$4.65 for the period, compared to the consensus earnings per share estimate of $4.51. The company issued revenue guidance of -.

4,267 employees have rated Walgreens Boots Alliance Chief Executive Officer Stefano Pessina on Glassdoor.com. Stefano Pessina has an approval rating of 32% among the company's employees. This puts Stefano Pessina in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Walgreens Boots Alliance investors own include AT&T (T), Intel (INTC), CVS Health (CVS), Johnson & Johnson (JNJ), Walt Disney (DIS), Cisco Systems (CSCO), AbbVie (ABBV), Verizon Communications (VZ), Pfizer (PFE) and Exxon Mobil (XOM).

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

Walgreens Boots Alliance's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.35%), State Street Corp (6.45%), FMR LLC (1.59%), Geode Capital Management LLC (1.56%), Federated Hermes Inc. (1.01%) and Bank of New York Mellon Corp (0.79%). Insiders that own company stock include Kevin M Ban, Marco Patrick Anthony Pagni, Nancy M Schlichting, Rosalind G Brewer and Walgreens Boots Alliance, Inc.
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Shares of WBA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of WBA stock can currently be purchased for approximately $30.01.

Walgreens Boots Alliance (NASDAQ:WBA) has a market capitalization of $25.89 billion and generates $132.70 billion in revenue each year. The pharmacy operator earns $4.34 billion in net income (profit) each year or ($3.65) on an earnings per share basis.

The company employs 325,000 workers across the globe.

Walgreens Boots Alliance's mailing address is 108 Wilmot Road, Deerfield IL, 60015. The official website for the company is www.walgreensbootsalliance.com. The pharmacy operator can be reached via phone at (847) 315-3700, via email at investor.relations@wba.com, or via fax at 847-914-2804.