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China July exports rise, with trade surplus at record-high
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S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
What to Expect from the Markets in a Recession
China July exports rise, with trade surplus at record-high
What's in Democrats' big bill? Climate, health care, savings
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Bangladesh seeks China help to repatriate Rohingya refugees
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
What to Expect from the Markets in a Recession
China July exports rise, with trade surplus at record-high
What's in Democrats' big bill? Climate, health care, savings
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Bangladesh seeks China help to repatriate Rohingya refugees
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
What to Expect from the Markets in a Recession
China July exports rise, with trade surplus at record-high
What's in Democrats' big bill? Climate, health care, savings
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Bangladesh seeks China help to repatriate Rohingya refugees
NASDAQ:WBA

Walgreens Boots Alliance - WBA Stock Forecast, Price & News

$38.99
+0.01 (+0.03%)
(As of 08/5/2022 08:49 PM ET)
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Compare
Today's Range
$38.62
$39.14
50-Day Range
$36.86
$43.83
52-Week Range
$36.57
$55.00
Volume
5.61 million shs
Average Volume
6.92 million shs
Market Capitalization
$33.70 billion
P/E Ratio
6.29
Dividend Yield
4.90%
Price Target
$46.25

Walgreens Boots Alliance MarketRank™ Forecast

Analyst Rating
Hold
1.89 Rating Score
Upside/​Downside
18.6% Upside
$46.25 Price Target
Short Interest
Bearish
3.82% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.38
Upright™ Environmental Score
News Sentiment
0.03mentions of Walgreens Boots Alliance in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$900 M Sold Last Quarter
Proj. Earnings Growth
-7.77%
From $5.02 to $4.63 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.52 out of 5 stars

Retail/Wholesale Sector

78th out of 261 stocks

Drug Stores & Proprietary Stores Industry

2nd out of 9 stocks

WBA stock logo

About Walgreens Boots Alliance (NASDAQ:WBA) Stock

Walgreens Boots Alliance, Inc. operates as a pharmacy-led health and beauty retail company. It operates through two segments, the United States and International. The United States segment sells prescription drugs and an assortment of retail products, including health, wellness, beauty, personal care, consumable, and general merchandise products through its retail drugstores. It also provides central specialty pharmacy services and mail services. As of August 31, 2021, this segment operated 8,965 retail stores under the Walgreens and Duane Reade brands in the United States; and five specialty pharmacies. The International segment sells prescription drugs; and health and wellness, beauty, personal care, and other consumer products through its pharmacy-led health and beauty retail stores and optical practices, as well as through boots.com and an integrated mobile application. It also engages in pharmaceutical wholesaling and distribution business in Germany. As of August 31, 2021, this segment operated 4,031 retail stores under the Boots, Benavides, and Ahumada in the United Kingdom, Thailand, Norway, the Republic of Ireland, the Netherlands, Mexico, and Chile; and 548 optical practices, including 160 on a franchise basis. Walgreens Boots Alliance, Inc. was founded in 1901 and is based in Deerfield, Illinois.

Walgreens Boots Alliance Stock Up 0.0 %

Shares of NASDAQ:WBA traded up $0.01 during trading on Friday, hitting $38.99. 5,611,833 shares of the company were exchanged, compared to its average volume of 5,931,304. The stock has a market capitalization of $33.70 billion, a P/E ratio of 6.29, a PEG ratio of 1.55 and a beta of 0.60. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.78 and a quick ratio of 0.43. Walgreens Boots Alliance has a 12-month low of $36.57 and a 12-month high of $55.00. The firm's 50 day moving average price is $39.92 and its 200-day moving average price is $44.01.

Walgreens Boots Alliance (NASDAQ:WBA - Get Rating) last announced its quarterly earnings data on Thursday, June 30th. The pharmacy operator reported $0.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.95 by $0.01. Walgreens Boots Alliance had a net margin of 4.00% and a return on equity of 16.20%. The company had revenue of $32.60 billion for the quarter, compared to analysts' expectations of $32.23 billion. During the same period in the previous year, the company posted $1.51 EPS. Walgreens Boots Alliance's revenue was down 4.2% compared to the same quarter last year. On average, research analysts predict that Walgreens Boots Alliance will post 5.02 earnings per share for the current fiscal year.

Walgreens Boots Alliance Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 9th. Investors of record on Friday, August 19th will be given a $0.48 dividend. The ex-dividend date is Thursday, August 18th. This is a positive change from Walgreens Boots Alliance's previous quarterly dividend of $0.48. This represents a $1.92 annualized dividend and a dividend yield of 4.92%. Walgreens Boots Alliance's payout ratio is currently 30.81%.

Analysts Set New Price Targets

A number of analysts have recently weighed in on WBA shares. Cowen dropped their target price on shares of Walgreens Boots Alliance to $49.00 in a report on Thursday, June 9th. Credit Suisse Group reduced their price target on shares of Walgreens Boots Alliance from $52.00 to $43.00 and set a "neutral" rating for the company in a research report on Friday, July 1st. Barclays cut their target price on shares of Walgreens Boots Alliance from $50.00 to $45.00 and set an "equal weight" rating for the company in a research report on Friday, June 24th. Morgan Stanley dropped their price target on shares of Walgreens Boots Alliance from $43.00 to $39.00 and set an "underweight" rating on the stock in a research note on Wednesday, July 6th. Finally, Royal Bank of Canada lowered their target price on shares of Walgreens Boots Alliance from $46.00 to $42.00 and set a "sector perform" rating on the stock in a research note on Tuesday, July 5th. One investment analyst has rated the stock with a sell rating and nine have issued a hold rating to the company. According to MarketBeat, Walgreens Boots Alliance presently has a consensus rating of "Hold" and an average target price of $46.25.

Insider Buying and Selling

In other news, major shareholder Walgreens Boots Alliance, Inc. sold 6,000,000 shares of the stock in a transaction dated Wednesday, May 11th. The shares were sold at an average price of $150.00, for a total transaction of $900,000,000.00. Following the transaction, the insider now directly owns 52,854,867 shares in the company, valued at approximately $7,928,230,050. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 17.40% of the company's stock.

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WBA Stock News Headlines

Could Rite Aid Be an Acquisition Target, Again? (WBA)
Drugstore operator Rite Aid Corporation (NYSE: RAD) stock is down (-38%) on the year but has bounced over 40% off its $4.68 low in May.
Walgreens Has Gotten Way Too Cheap
Is Walgreens a Warren Buffett Stock?
Walgreens Boots Alliance raises dividend
Higher Financing Costs, Lower Valuations Crimp M&A
Why Walgreens Q3 Earnings Weren't Bad
Why Walgreens Boots Alliance Tumbled 13.5% in June
See More Headlines
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WBA Company Calendar

Ex-Dividend for 6/10 Dividend
5/19/2022
Dividend Payable
6/10/2022
Last Earnings
6/30/2022
Today
8/08/2022
Ex-Dividend for 9/9 Dividend
8/18/2022
Fiscal Year End
8/31/2022
Dividend Payable
9/09/2022
Next Earnings (Estimated)
10/13/2022

Industry, Sector and Symbol

Industry
Drug stores & proprietary stores
Sub-Industry
Drug Retail
Current Symbol
NASDAQ:WBA
CUSIP
93142210
Employees
315,000
Year Founded
2014

Price Target and Rating

Average Stock Price Forecast
$46.25
High Stock Price Forecast
$56.00
Low Stock Price Forecast
$39.00
Forecasted Upside/Downside
+18.6%
Consensus Rating
Hold
Rating Score (0-4)
1.89
Research Coverage
9 Analysts

Profitability

Net Income
$2.54 billion
Pretax Margin
4.20%

Debt

Sales & Book Value

Annual Sales
$132.51 billion
Cash Flow
$7.60 per share
Book Value
$27.54 per share

Miscellaneous

Free Float
713,876,000
Market Cap
$33.70 billion
Optionable
Optionable
Beta
0.60

Social Links


Key Executives

  • Mr. Stefano Pessina (Age 81)
    Exec. Chairman
    Comp: $131.06k
  • Ms. Rosalind Gates Brewer (Age 60)
    CEO & Director
    Comp: $8.13M
  • Mr. James Kehoe (Age 60)
    Exec. VP & Global CFO
    Comp: $2.9M
  • Ms. Ornella Barra (Age 69)
    Chief Operating Officer of International
    Comp: $3.74M
  • Mr. John T. Standley (Age 59)
    Exec. VP & Pres of Walgreens
    Comp: $2.31M
  • Mr. Manmohan Mahajan (Age 42)
    Sr. VP, Global Controller & Chief Accounting Officer
  • Mr. Francesco Tinto
    Global Chief Information Officer & Sr. VP
  • Mr. Gerald Gradwell (Age 54)
    Sr. VP of Investor Relations
  • Ms. Danielle Carim Gray (Age 43)
    Exec. VP & Global Chief Legal Officer
  • Mr. Aaron C. Radelet
    Global Chief Communications Officer & Sr. VP













WBA Stock - Frequently Asked Questions

Should I buy or sell Walgreens Boots Alliance stock right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Walgreens Boots Alliance in the last twelve months. There are currently 1 sell rating and 8 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Walgreens Boots Alliance stock. 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.
View analyst ratings for Walgreens Boots Alliance
or view top-rated stocks.

What is Walgreens Boots Alliance's stock price forecast for 2022?

9 brokers have issued twelve-month price objectives for Walgreens Boots Alliance's shares. Their WBA stock forecasts range from $39.00 to $56.00. On average, they predict Walgreens Boots Alliance's stock price to reach $46.25 in the next twelve months. This suggests a possible upside of 18.6% from the stock's current price.
View analysts' price targets for Walgreens Boots Alliance
or view top-rated stocks among Wall Street analysts.

How has Walgreens Boots Alliance's stock performed in 2022?

Walgreens Boots Alliance's stock was trading at $52.16 at the beginning of 2022. Since then, WBA shares have decreased by 25.2% and is now trading at $38.99.
View the best growth stocks for 2022 here
.

When is Walgreens Boots Alliance's next earnings date?

Walgreens Boots Alliance is scheduled to release its next quarterly earnings announcement on Thursday, October 13th 2022.
View our earnings forecast for Walgreens Boots Alliance
.

How were Walgreens Boots Alliance's earnings last quarter?

Walgreens Boots Alliance, Inc. (NASDAQ:WBA) announced its quarterly earnings results on Thursday, June, 30th. The pharmacy operator reported $0.96 EPS for the quarter, beating the consensus estimate of $0.95 by $0.01. The pharmacy operator earned $32.60 billion during the quarter, compared to the consensus estimate of $32.23 billion. Walgreens Boots Alliance had a net margin of 4.00% and a trailing twelve-month return on equity of 16.20%. The company's revenue for the quarter was down 4.2% compared to the same quarter last year. During the same period last year, the business earned $1.51 EPS.
Read Walgreens Boots Alliance's conference call transcript
.

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

Walgreens Boots Alliance declared a quarterly dividend on Wednesday, July 13th. Shareholders of record on Friday, August 19th will be given a dividend of $0.48 per share on Friday, September 9th. This represents a $1.92 annualized dividend and a yield of 4.92%. The ex-dividend date is Thursday, August 18th. This is a boost from Walgreens Boots Alliance's previous quarterly dividend of $0.48.
View Walgreens Boots Alliance's dividend history
.

Is Walgreens Boots Alliance a good dividend stock?

Walgreens Boots Alliance(NASDAQ:WBA) pays an annual dividend of $1.91 per share and currently has a dividend yield of 4.90%. WBA has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Walgreens Boots Alliance has been increasing its dividend for 47 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Walgreens Boots Alliance is 30.81%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Walgreens Boots Alliance will have a dividend payout ratio of 41.25% next year. This indicates that Walgreens Boots Alliance will be able to sustain or increase its dividend.
View Walgreens Boots Alliance's dividend history.

What is Stefano Pessina's approval rating as Walgreens Boots Alliance's CEO?

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

What other stocks do shareholders of Walgreens Boots Alliance own?

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).

What is Walgreens Boots Alliance's stock symbol?

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

Who are Walgreens Boots Alliance's major shareholders?

Walgreens Boots Alliance's stock is owned by many different retail and institutional investors. Top institutional shareholders include ProShare Advisors LLC (0.56%), Sumitomo Mitsui Trust Holdings Inc. (0.36%), Victory Capital Management Inc. (0.20%), Miller Howard Investments Inc. NY (0.20%), AustralianSuper Pty Ltd (0.18%) and Envestnet Asset Management Inc. (0.14%). Company insiders that own Walgreens Boots Alliance stock include Marco Patrick Anthony Pagni, Nancy M Schlichting and Walgreens Boots Alliance, Inc.
View institutional ownership trends for Walgreens Boots Alliance
.

How do I buy shares of Walgreens Boots Alliance?

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.
Compare Top Brokerages Here.

What is Walgreens Boots Alliance's stock price today?

One share of WBA stock can currently be purchased for approximately $38.99.

How much money does Walgreens Boots Alliance make?

Walgreens Boots Alliance (NASDAQ:WBA) has a market capitalization of $33.70 billion and generates $132.51 billion in revenue each year. The pharmacy operator earns $2.54 billion in net income (profit) each year or $6.20 on an earnings per share basis.

How many employees does Walgreens Boots Alliance have?

Walgreens Boots Alliance employs 315,000 workers across the globe.

Does Walgreens Boots Alliance have any subsidiaries?

The following companies are subsidiares of Walgreens Boots Alliance: Alliance Boots Holdings Limited, Alliance Healthcare Deutschland AG, Bond Drug Company of Illinois LLC, Boots Opticians Professional Services Limited, Boots Properties Limited, Boots Property Partnerships, Boots Retail (Ireland) Limited, Boots Retail (Thailand) Limited, Boots UK Limited, Duane Reade, Farmacias Benavides S.A.B. de C.V., Innovation Associates Inc, Liz Earle Beauty, Prime Therapeutics Specialty Pharmacy LLC, Shields Health Solutions, Sinopharm Holding GuoDa Drug Store Co., Superior Acquisitions Limited, Superior Holdings Limited, Superior Luxco 1 S.à r.l., Take Care Health Employer Solutions, The Boots Company PLC, WBA Acquisitions UK Holdco 7 Limited, WBA Acquisitions UK Topco Limited, WBA Financial LLC, WBA International Limited, WBA Investments Inc., WBA Luxembourg 6 S.à r.l., WBA Luxembourg 7 S.à.r.l., WBAD Holdings Limited, Walgreen Arizona Drug Co., Walgreen Co., Walgreen Eastern Co. Inc., Walgreen International S.à r.l., Walgreen Investments Luxembourg S.à r.l., Walgreen Louisiana Co. Inc., Walgreen of Puerto Rico Inc., Walgreens Boots Alliance (Hong Kong) Investments Limited, Walgreens Boots Alliance Holdings LLC, Walgreens Boots Alliance Limited, Walgreens Specialty Pharmacy LLC, and Waltrust Properties Inc..
Read More

When was Walgreens Boots Alliance founded?

Walgreens Boots Alliance was founded in 2014.

How can I contact Walgreens Boots Alliance?

Walgreens Boots Alliance's mailing address is 108 Wilmot Road, Deerfield IL, 60015. The official website for Walgreens Boots Alliance 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.

This page (NASDAQ:WBA) was last updated on 8/8/2022 by MarketBeat.com Staff

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