NASDAQ:WBA

Walgreens Boots Alliance Stock Forecast, Price & News

$47.39

-0.76 (-1.58 %)

(As of 01/20/2021 02:21 PM ET)

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Today's Range

$47.07

Now: $47.39▼

$48.08

50-Day Range

$38.01

MA: $42.54▼

$49.32

52-Week Range

$33.36

Now: $47.39▼

$54.53

Volume161,817 shs

Average Volume9.40 million shs

Market Capitalization$40.95 billion

P/E Ratio94.78

Dividend Yield3.82%

Beta0.44

Walgreens Boots Alliance, Inc. operates as a pharmacy-led health and beauty retail company. It operates through three segments: Retail Pharmacy USA, Retail Pharmacy International, and Pharmaceutical Wholesale. The Retail Pharmacy USA 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 specialty pharmacy services and mail services. As of August 31, 2020, this segment operated 9,021 retail stores under the Walgreens and Duane Reade brands in the United States; and six specialty pharmacies. The Retail Pharmacy International segment sells prescription drugs; and health and wellness, beauty, personal care, and other consumer products through its pharmacy-led health and beauty stores and optical practices, as well as through boots.com and an integrated mobile application. This segment operated 4,428 retail stores under the Boots, Benavides, and Ahumada in the United Kingdom, Thailand, Norway, the Republic of Ireland, the Netherlands, Mexico, and Chile; and 550 optical practices, including 165 on a franchise basis. The Pharmaceutical Wholesale segment engages in the wholesale and distribution of specialty and generic pharmaceuticals, health and beauty products, and home healthcare supplies and equipment, as well as provides related services to pharmacies and other healthcare providers. This segment operates in the United Kingdom, Germany, France, Turkey, Spain, the Netherlands, Egypt, Norway, Romania, the Czech Republic, and Lithuania. Walgreens Boots Alliance, Inc. was founded in 1901 and is based in Deerfield, Illinois.

MarketRank^™

Overall MarketRank^™

2.19 out of 5 stars

Retail/Wholesale Sector

16th out of 383 stocks

Drug Stores & Proprietary Stores Industry

2nd out of 14 stocks

2.0 Analyst's Opinion

Consensus Rating
Walgreens Boots Alliance has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 2 buy ratings, 13 hold ratings, and 2 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $44.59, Walgreens Boots Alliance has a forecasted downside of 6.1% from its current price of $47.46.
Amount of Analyst Coverage
Walgreens Boots Alliance has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.7 Community Rank

Outperform Votes
Walgreens Boots Alliance has received 1,132 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Walgreens Boots Alliance has received 969 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Walgreens Boots Alliance has received 53.88% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Walgreens Boots Alliance and other stocks. Vote “Outperform” if you believe WBA will outperform the S&P 500 over the long term. Vote “Underperform” if you believe WBA will underperform the S&P 500 over the long term. You may vote once every thirty days.

4.2 Dividend Strength

Dividend Yield
Walgreens Boots Alliance pays a meaningful dividend of 3.82%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Walgreens Boots Alliance has been increasing its dividend for 44 years.
Dividend Coverage
The dividend payout ratio of Walgreens Boots Alliance is 39.45%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Walgreens Boots Alliance will have a dividend payout ratio of 35.48% next year. This indicates that Walgreens Boots Alliance will be able to sustain or increase its dividend.

0.8 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Walgreens Boots Alliance insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $207,750.00 in company stock.
Percentage Held by Insiders
Only 16.91% of the stock of Walgreens Boots Alliance is held by insiders.
Percentage Held by Institutions
55.96% of the stock of Walgreens Boots Alliance is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Walgreens Boots Alliance are expected to grow by 8.88% in the coming year, from $4.84 to $5.27 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Walgreens Boots Alliance is 94.92, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 23.65.
Price to Earnings Ratio vs. Sector
The P/E ratio of Walgreens Boots Alliance is 94.92, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 33.79.
Price to Earnings Growth Ratio
Walgreens Boots Alliance has a PEG Ratio of 1.52. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Walgreens Boots Alliance has a P/B Ratio of 1.94. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Drug stores & proprietary stores

Sub-IndustryDrug Retail

SectorRetail/Wholesale

Current SymbolNASDAQ:WBA

Previous Symbol

CUSIP93142210

CIK1618921

Webwww.walgreensbootsalliance.com

Phone847-315-2500

Employees223,000

Debt

Debt-to-Equity Ratio0.58

Current Ratio0.67

Quick Ratio0.32

Price-To-Earnings

Trailing P/E Ratio94.78

Forward P/E Ratio9.79

P/E Growth1.52

Sales & Book Value

Annual Sales$139.54 billion

Price / Sales0.29

Cash Flow$9.03 per share

Price / Cash Flow5.25

Book Value$24.41 per share

Price / Book1.94

Profitability

EPS (Most Recent Fiscal Year)$4.74

Net Income$456 million

Net Margins0.33%

Return on Equity18.33%

Return on Assets4.71%

Miscellaneous

Outstanding Shares864,042,000

Market Cap$40.95 billion

Next Earnings Date4/1/2021 (Estimated)

OptionableOptionable

$47.39

-0.76 (-1.58 %)

(As of 01/20/2021 02:21 PM ET)

30 days | 90 days | 365 days | Advanced Chart

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Walgreens Boots Alliance (NASDAQ:WBA) Frequently Asked Questions

How has Walgreens Boots Alliance's stock price been impacted by COVID-19?

Walgreens Boots Alliance's stock was trading at $46.07 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, WBA shares have increased by 2.8% and is now trading at $47.35.
View which stocks have been most impacted by COVID-19.

Is Walgreens Boots Alliance a buy right now?

17 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Walgreens Boots Alliance in the last year. There are currently 2 sell ratings, 13 hold ratings and 2 buy 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 MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Walgreens Boots Alliance?

Wall Street analysts have given Walgreens Boots Alliance a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Walgreens Boots Alliance wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Walgreens Boots Alliance's next earnings date?

Walgreens Boots Alliance is scheduled to release its next quarterly earnings announcement on Thursday, April 1st 2021.
View our earnings forecast for Walgreens Boots Alliance.

How were Walgreens Boots Alliance's earnings last quarter?

Walgreens Boots Alliance, Inc. (NASDAQ:WBA) released its quarterly earnings results on Wednesday, January, 6th. The pharmacy operator reported $1.22 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.03 by $0.19. The pharmacy operator had revenue of $36.31 billion for the quarter, compared to analyst estimates of $35.01 billion. Walgreens Boots Alliance had a net margin of 0.33% and a return on equity of 18.33%. Walgreens Boots Alliance's revenue was up 5.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.37 earnings per share.
View Walgreens Boots Alliance's earnings history.

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 Friday, October 30th. Shareholders of record on Thursday, November 19th will be paid a dividend of $0.4675 per share on Friday, December 11th. This represents a $1.87 annualized dividend and a yield of 3.95%. The ex-dividend date of this dividend is Wednesday, November 18th.
View Walgreens Boots Alliance's dividend history.

Is Walgreens Boots Alliance a good dividend stock?

Walgreens Boots Alliance pays an annual dividend of $1.87 per share and currently has a dividend yield of 3.82%. Walgreens Boots Alliance has been increasing its dividend for 44 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Walgreens Boots Alliance is 39.45%. 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 35.48% 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 price target have analysts set for WBA?

17 Wall Street analysts have issued 12 month price objectives for Walgreens Boots Alliance's stock. Their forecasts range from $33.00 to $56.00. On average, they anticipate Walgreens Boots Alliance's stock price to reach $44.59 in the next year. This suggests that the stock has a possible downside of 5.8%.
View analysts' price targets for Walgreens Boots Alliance or view Wall Street analyst' top-rated stocks.

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

Some companies that are related to Walgreens Boots Alliance include CVS Health (CVS), Covetrus (CVET), Rite Aid (RAD), PetMed Express (PETS), 111 (YI), China Jo-Jo Drugstores (CJJD), Progressive Care (RXMD), HealthWarehouse.com (HEWA), Dragon Jade International (DGJI), Dougherty's Pharmacy (MYDP), China Dasheng Biotechnology (CDBT) and Health Sciences Group (HESG).
View all of WBA's competitors.

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), The Walt Disney (DIS), Cisco Systems (CSCO), AbbVie (ABBV), Verizon Communications (VZ), Pfizer (PFE) and Exxon Mobil (XOM).

Who are Walgreens Boots Alliance's key executives?

Walgreens Boots Alliance's management team includes the following people:

Mr. James A. Skinner, Exec. Chairman (Age 76, Pay $10.6k)
Mr. Stefano Pessina, Exec. Vice Chairman & CEO (Age 79, Pay $50.38k)
Mr. James Kehoe, Exec. VP & Global CFO (Age 58, Pay $2.01M)
Mr. Alexander W. Gourlay, Co-Chief Operating Officer (Age 60, Pay $2.71M)
Ms. Ornella Barra, Co-Chief Operating Officer (Age 67, Pay $2.57M)
Ms. Heather Dixon, Sr. VP, Global Controller & Chief Accounting Officer (Age 48)
Mr. Francesco Tinto, Global Chief Information Officer & Sr. VP
Mr. Marco Patrick Anthony Pagni, Exec. VP, Global Chief Admin. Officer & Gen. Counsel (Age 58)
Mr. Gerald Gradwell, Sr. VP of Investor Relations (Age 53)
Mr. Aaron C. Radelet, Global Chief Communications Officer & Sr. VP

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 Tandem Investment Advisors Inc. (0.07%), State of Alaska Department of Revenue (0.04%), Cardinal Capital Management Inc. (0.03%), Thompson Investment Management Inc. (0.03%), DNB Asset Management AS (0.02%) and Chesley Taft & Associates LLC (0.02%). Company insiders that own Walgreens Boots Alliance stock include Marco Patrick Anthony Pagni and Ornella Barra.
View institutional ownership trends for Walgreens Boots Alliance.

Which major investors are selling Walgreens Boots Alliance stock?

WBA stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Jacobs & Co. CA, Global Retirement Partners LLC, Legacy Private Trust Co., Cardinal Capital Management Inc., Crossmark Global Holdings Inc., CX Institutional, and 6 Meridian.
View insider buying and selling activity for Walgreens Boots Alliance or view top insider-selling stocks.

Which major investors are buying Walgreens Boots Alliance stock?

WBA stock was acquired by a variety of institutional investors in the last quarter, including DNB Asset Management AS, Leelyn Smith LLC, Louisiana State Employees Retirement System, A. D. Beadell Investment Counsel Inc., OLD National Bancorp IN, Greylin Investment Mangement Inc., Enterprise Trust & Investment Co, and Raymond James Trust N.A..
View insider buying and selling activity for Walgreens Boots Alliance or or view top insider-buying stocks.

How do I buy shares of Walgreens Boots Alliance?

Shares of WBA 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.

What is Walgreens Boots Alliance's stock price today?

One share of WBA stock can currently be purchased for approximately $47.35.

How big of a company is Walgreens Boots Alliance?

Walgreens Boots Alliance has a market capitalization of $40.91 billion and generates $139.54 billion in revenue each year. The pharmacy operator earns $456 million in net income (profit) each year or $4.74 on an earnings per share basis. Walgreens Boots Alliance employs 223,000 workers across the globe.

What is Walgreens Boots Alliance's official website?

The official website for Walgreens Boots Alliance is www.walgreensbootsalliance.com.

How can I contact Walgreens Boots Alliance?

Walgreens Boots Alliance's mailing address is 108 Wilmot Road, Deerfield IL, 60015. The pharmacy operator can be reached via phone at 847-315-2500 or via email at [email protected]

This page was last updated on 1/20/2021 by MarketBeat.com Staff

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