NASDAQ:WBA

Walgreens Boots Alliance Stock Forecast, Price & News

$34.04

+0.52 (+1.55 %)

(As of 10/30/2020 05:12 PM ET)

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Today's Range

$33.36

Now: $34.04▼

$34.05

50-Day Range

$34.59

MA: $36.27▼

$38.04

52-Week Range

$33.36

Now: $34.04▼

$64.50

Volume10.51 million shs

Average Volume6.95 million shs

Market Capitalization$29.48 billion

P/E Ratio68.08

Dividend Yield5.58%

Beta0.44

Walgreens Boots Alliance, Inc. operates as a pharmacy-led health and wellbeing 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, beauty, personal care, consumable, and general merchandise products through its retail drugstores and convenient care clinics. It also provides specialty pharmacy services and mail services; and manages in-store clinics. As of August 31, 2018, this segment operated 9,560 retail stores under the Walgreens and Duane Reade brands in the United States; and 7 specialty pharmacies, as well as approximately 400 in-store clinic locations. The Retail Pharmacy International segment sells prescription drugs; and health, 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 4,767 retail stores under the Boots, Benavides, and Ahumada in the United Kingdom, Thailand, Norway, the Republic of Ireland, the Netherlands, Mexico, and Chile; and 618 optical practices, including 167 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. The company has a strategic partnership with Microsoft Corporation. Walgreens Boots Alliance, Inc. was founded in 1901 and is based in Deerfield, Illinois.

Beat the Market (BTM) Rank^™

3.9 Analyst's Opinion

Consensus Rating
Walgreens Boots Alliance has received a consensus rating of Hold. The company's average rating score is 1.88, and is based on no buy ratings, 14 hold ratings, and 2 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $43.27, Walgreens Boots Alliance has a forecasted upside of 28.0% from its current price of $33.81.
Amount of Analyst Coverage
Walgreens Boots Alliance has been the subject of 9 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 1,129 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Walgreens Boots Alliance has received 956 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Walgreens Boots Alliance has received 54.15% “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.

3.3 Dividend Strength

Dividend Leadership
Walgreens Boots Alliance is a leading dividend payer. It pays a dividend yield of 5.41%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Walgreens Boots Alliance does not have a long track record of dividend growth.
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.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Walgreens Boots Alliance insiders have not sold or bought any 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.

0.6 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 67.62, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.69.
Price to Earnings Ratio vs. Sector
The P/E ratio of Walgreens Boots Alliance is 67.62, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 36.31.
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 1.39. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.32 out of 5 stars

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

Employees342,000

Debt

Debt-to-Equity Ratio0.58

Current Ratio0.67

Quick Ratio0.32

Price-To-Earnings

Trailing P/E Ratio68.08

Forward P/E Ratio7.03

P/E Growth1.52

Sales & Book Value

Annual Sales$139.54 billion

Price / Sales0.21

Cash Flow$6.48 per share

Price / Cash Flow5.25

Book Value$24.41 per share

Price / Book1.39

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 Shares865,916,000

Market Cap$29.48 billion

Next Earnings Date1/13/2021 (Estimated)

OptionableOptionable

$34.04

+0.52 (+1.55 %)

(As of 10/30/2020 05:12 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 Coronavirus?

Walgreens Boots Alliance's stock was trading at $46.07 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, WBA shares have decreased by 26.1% and is now trading at $34.04.
View which stocks have been most impacted by COVID-19.

Do Wall Street analysts recommend investors buy shares of Walgreens Boots Alliance?

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Walgreens Boots Alliance in the last year. There are currently 2 sell ratings and 14 hold ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Walgreens Boots Alliance.

When is Walgreens Boots Alliance's next earnings date?

Walgreens Boots Alliance is scheduled to release its next quarterly earnings announcement on Wednesday, January 13th 2021.
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 data on Thursday, October, 15th. The pharmacy operator reported $1.02 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.96 by $0.06. The pharmacy operator had revenue of $34.75 billion for the quarter, compared to analysts' expectations of $34.36 billion. Walgreens Boots Alliance had a return on equity of 18.33% and a net margin of 0.33%. The company's quarterly revenue was up 2.3% compared to the same quarter last year. During the same period in the prior year, the business earned $1.43 EPS.
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 declared a quarterly dividend on Friday, October 30th. Investors 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 5.49%. The ex-dividend date of this dividend is Wednesday, November 18th.
View Walgreens Boots Alliance's dividend history.

What price target have analysts set for WBA?

16 brokerages have issued 1-year target prices for Walgreens Boots Alliance's shares. Their forecasts range from $33.00 to $61.00. On average, they anticipate Walgreens Boots Alliance's stock price to reach $43.27 in the next year. This suggests a possible upside of 27.1% from the stock's current price.
View analysts' price targets for Walgreens Boots Alliance.

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), PetMed Express (PETS), 111 (YI), Rite Aid (RAD), China Jo-Jo Drugstores (CJJD), Progressive Care (RXMD), HealthWarehouse.com (HEWA), Dougherty's Pharmacy (MYDP) and China Dasheng Biotechnology (CDBT).
View all 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 75)
Mr. Stefano Pessina, Exec. Vice Chairman & CEO (Age 78)
Mr. James Kehoe, Global Controller, CAO, Exec. VP & Global CFO (Age 57)
Mr. Alexander W. Gourlay, Co-Chief Operating Officer (Age 59)
Ms. Ornella Barra, Co-Chief Operating Officer (Age 66)

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 institutional and retail investors. Top institutional investors include LSV Asset Management (1.06%), Alberta Investment Management Corp (0.09%), KBC Group NV (0.09%), Tandem Investment Advisors Inc. (0.07%), Robeco Institutional Asset Management B.V. (0.07%) and State of New Jersey Common Pension Fund D (0.06%). Company insiders that own Walgreens Boots Alliance stock include Kathleen Wilson-Thompson, Kimberly R Scardino, Marco Patrick Anthony Pagni, Nancy M Schlichting, Ornella Barra and William C Foote.
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 LSV Asset Management, DNB Asset Management AS, Dearborn Partners LLC, CWM LLC, QV Investors Inc., Pacer Advisors Inc., Xponance Inc., and CIBC Private Wealth Group LLC.
View insider buying and selling activity for Walgreens Boots Alliance.

Which major investors are buying Walgreens Boots Alliance stock?

WBA stock was acquired by a variety of institutional investors in the last quarter, including KBC Group NV, Osher Van de Voorde Investment Management, Alberta Investment Management Corp, 6 Meridian, Pinnacle Associates Ltd., BOKF NA, JBJ Investment Partners LLC, and State of Alaska Department of Revenue.
View insider buying and selling activity for Walgreens Boots Alliance.

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 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 $34.04.

How big of a company is Walgreens Boots Alliance?

Walgreens Boots Alliance has a market capitalization of $29.48 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 342,000 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 10/30/2020 by MarketBeat.com Staff

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