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NASDAQ:WBA

Walgreens Boots Alliance - WBA Stock Forecast, Price & News

$39.48
+0.49 (+1.26%)
(As of 08/8/2022 12:00 AM ET)
Add
Compare
Today's Range
$39.20
$40.25
50-Day Range
$36.86
$43.83
52-Week Range
$36.57
$55.00
Volume
5.10 million shs
Average Volume
5.86 million shs
Market Capitalization
$34.12 billion
P/E Ratio
6.37
Dividend Yield
4.90%
Price Target
$46.25

Walgreens Boots Alliance MarketRank™ Forecast

Analyst Rating
Hold
1.89 Rating Score
Upside/​Downside
17.1% 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
-0.11mentions 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.

2.51 out of 5 stars

Retail/Wholesale Sector

78th out of 215 stocks

Drug Stores & Proprietary Stores Industry

2nd out of 6 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 Price Performance

Shares of NASDAQ:WBA traded up $0.46 on Monday, hitting $39.45. The stock had a trading volume of 296,274 shares, compared to its average volume of 6,872,629. Walgreens Boots Alliance has a twelve month low of $36.57 and a twelve month high of $55.00. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.43 and a current ratio of 0.78. The firm's 50 day moving average price is $39.92 and its 200-day moving average price is $44.01. The company has a market capitalization of $34.09 billion, a price-to-earnings ratio of 6.29, a price-to-earnings-growth ratio of 1.55 and a beta of 0.60.

Walgreens Boots Alliance (NASDAQ:WBA - Get Rating) last issued its 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 company had revenue of $32.60 billion for the quarter, compared to the consensus estimate of $32.23 billion. Walgreens Boots Alliance had a net margin of 4.00% and a return on equity of 16.20%. The firm's revenue for the quarter was down 4.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.51 EPS. On average, equities research analysts predict that Walgreens Boots Alliance will post 5.02 earnings per share for the current year.

Walgreens Boots Alliance Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 9th. Investors of record on Friday, August 19th will be given a dividend of $0.48 per share. This is an increase from Walgreens Boots Alliance's previous quarterly dividend of $0.48. The ex-dividend date of this dividend is Thursday, August 18th. This represents a $1.92 annualized dividend and a yield of 4.87%. Walgreens Boots Alliance's dividend payout ratio is 30.81%.

Analysts Set New Price Targets

A number of equities analysts have recently commented on WBA shares. 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 report on Wednesday, July 6th. Cowen dropped their target price on shares of Walgreens Boots Alliance to $49.00 in a research report on Thursday, June 9th. TheStreet lowered shares of Walgreens Boots Alliance from a "b-" rating to a "c+" rating in a research report on Monday, May 2nd. Truist Financial decreased their price target on shares of Walgreens Boots Alliance from $50.00 to $42.00 and set a "hold" rating on the stock in a research note on Friday, July 1st. Finally, StockNews.com downgraded shares of Walgreens Boots Alliance from a "buy" rating to a "hold" rating in a research note on Friday, July 1st. One research analyst has rated the stock with a sell rating and nine have assigned a hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $46.25.

Insider Buying and Selling

In related news, major shareholder Walgreens Boots Alliance, Inc. sold 6,000,000 shares of the company's 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 owns 52,854,867 shares in the company, valued at approximately $7,928,230,050. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 17.40% of the stock is owned by corporate insiders.

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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.
Copper Exploration Heating Up
Canada is already known as a miner's paradise. But British Columbia (BC) is quietly becoming the new copper hotspot. That's because copper is critical to the world's shift to renewable energy. Biden earmarked $226 billion in new infrastructure projects all requiring copper.
Walgreens Has Gotten Way Too Cheap
How This Rare Metal Is Going To Solve A $173 TRILLION World Problem… And Could Benefit Investors
According to Bloomberg NEF, changing the world to "All Green Energy" could cost about $173 trillion. And without this rare metal, going green would be IMPOSSIBLE. That's why there's a literal "gold rush" to find it. (HINT: It's not electric vehicles, nuclear power, or wind energy).
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
8/09/2022
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
+17.1%
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
$7.70 per share
Book Value
$27.54 per share

Miscellaneous

Free Float
713,876,000
Market Cap
$34.12 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 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 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.
View WBA analyst ratings
or view top-rated stocks.

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

9 analysts have issued 1 year target prices for Walgreens Boots Alliance's shares. Their WBA share price forecasts range from $39.00 to $56.00. On average, they predict the company's stock price to reach $46.25 in the next twelve months. This suggests a possible upside of 17.1% from the stock's current price.
View analysts price targets for WBA
or view top-rated stocks among Wall Street analysts.

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

Walgreens Boots Alliance's stock was trading at $52.16 on January 1st, 2022. Since then, WBA shares have decreased by 24.3% and is now trading at $39.48.
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 WBA earnings forecast
.

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 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.95 by $0.01. The pharmacy operator had revenue of $32.60 billion for the quarter, compared to the consensus estimate of $32.23 billion. Walgreens Boots Alliance had a trailing twelve-month return on equity of 16.20% and a net margin of 4.00%. The business's revenue for the quarter was down 4.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.51 earnings per share.
Read the 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. Investors 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 dividend on an annualized basis and a yield of 4.86%. The ex-dividend date of this dividend is Thursday, August 18th. This is a boost from the stock's previous quarterly dividend of $0.48.
Read our dividend analysis for WBA
.

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. The company 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 is 30.81%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WBA will have a dividend payout ratio of 41.25% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WBA.

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

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.

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 a variety of retail and institutional investors. Top institutional investors 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%). Insiders that own company stock include Marco Patrick Anthony Pagni, Nancy M Schlichting and Walgreens Boots Alliance, Inc.
View institutional ownership trends
.

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 $39.48.

How much money does Walgreens Boots Alliance make?

Walgreens Boots Alliance (NASDAQ:WBA) has a market capitalization of $34.12 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 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.

This page (NASDAQ:WBA) was last updated on 8/9/2022 by MarketBeat.com Staff

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