NASDAQ:WBA

Walgreens Boots Alliance Stock Forecast, Price & News

$35.92

+0.54 (+1.53 %)

(As of 09/30/2020 12:00 AM ET)

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Today's Range

$35.55

Now: $35.92▼

$36.30

50-Day Range

$34.67

MA: $37.88▼

$42.86

52-Week Range

$33.88

Now: $35.92▼

$64.50

Volume6.68 million shs

Average Volume6.98 million shs

Market Capitalization$31.13 billion

P/E Ratio43.81

Dividend Yield5.29%

Beta0.43

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^™

3.0 Analyst's Opinion

Consensus Rating
Walgreens Boots Alliance has received a consensus rating of Hold. The company's average rating score is 1.93, and is based on no buy ratings, 14 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $44.79, Walgreens Boots Alliance has a forecasted upside of 24.7% from its current price of $35.92.
Amount of Analyst Coverage
Walgreens Boots Alliance has been the subject of 10 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 950 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Walgreens Boots Alliance has received 54.30% “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 Leadership
Walgreens Boots Alliance is a leading dividend payer. It pays a dividend yield of 5.29%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Walgreens Boots Alliance has been increasing its dividend for 5 years.
Dividend Coverage
The dividend payout ratio of Walgreens Boots Alliance is 31.22%. 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 36.45% 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 9.62% in the coming year, from $4.68 to $5.13 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Walgreens Boots Alliance is 43.81, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.65.
Price to Earnings Ratio vs. Sector
The P/E ratio of Walgreens Boots Alliance is 43.81, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 32.14.
Price to Earnings Growth Ratio
Walgreens Boots Alliance has a PEG Ratio of 1.35. 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 1.34. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.29 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

Debt

Debt-to-Equity Ratio0.57

Current Ratio0.69

Quick Ratio0.33

Price-To-Earnings

Trailing P/E Ratio43.81

Forward P/E Ratio7.68

P/E Growth1.35

Sales & Book Value

Annual Sales$136.87 billion

Price / Sales0.23

Cash Flow$8.68 per share

Price / Cash Flow4.14

Book Value$26.74 per share

Price / Book1.34

Profitability

EPS (Most Recent Fiscal Year)$5.99

Net Income$3.98 billion

Net Margins0.55%

Return on Equity19.43%

Return on Assets5.46%

Miscellaneous

Employees342,000

Outstanding Shares866,534,000

Market Cap$31.13 billion

Next Earnings Date10/15/2020 (Confirmed)

OptionableOptionable

$35.92

+0.54 (+1.53 %)

(As of 09/30/2020 12:00 AM 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 stock has decreased by 22.0% and is now trading at $35.92.
View which stocks have been most impacted by COVID-19.

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

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Walgreens Boots Alliance in the last year. There are currently 1 sell rating 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 Thursday, October 15th 2020.
View our earnings forecast for Walgreens Boots Alliance.

How can I listen to Walgreens Boots Alliance's earnings call?

Walgreens Boots Alliance will be holding an earnings conference call on Thursday, October 15th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Walgreens Boots Alliance's earnings last quarter?

Walgreens Boots Alliance Inc (NASDAQ:WBA) posted its quarterly earnings results on Thursday, July, 9th. The pharmacy operator reported $0.83 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.10 by $0.27. The pharmacy operator earned $34.63 billion during the quarter, compared to the consensus estimate of $34.32 billion. Walgreens Boots Alliance had a return on equity of 19.43% and a net margin of 0.55%. The business's revenue for the quarter was up .1% compared to the same quarter last year. During the same period last year, the company posted $1.47 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 Thursday, July 9th. Investors of record on Wednesday, August 19th will be given a dividend of $0.4675 per share on Friday, September 11th. This represents a $1.87 dividend on an annualized basis and a yield of 5.21%. The ex-dividend date is Tuesday, August 18th. This is a positive change from Walgreens Boots Alliance's previous quarterly dividend of $0.46.
View Walgreens Boots Alliance's dividend history.

What guidance has Walgreens Boots Alliance issued on next quarter's earnings?

Walgreens Boots Alliance updated its FY20 earnings guidance on Thursday, July, 9th. The company provided EPS guidance of $4.65-4.75 for the period, compared to the Thomson Reuters consensus estimate of $5.49.

What price target have analysts set for WBA?

15 brokerages have issued 12-month price objectives for Walgreens Boots Alliance's shares. Their forecasts range from $37.00 to $61.00. On average, they expect Walgreens Boots Alliance's share price to reach $44.79 in the next year. This suggests a possible upside of 24.7% from the stock's current price.
View analysts' price targets for Walgreens Boots Alliance.

Are investors shorting Walgreens Boots Alliance?

Walgreens Boots Alliance saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 19,040,000 shares, an increase of 8.6% from the August 15th total of 17,540,000 shares. Based on an average daily volume of 6,650,000 shares, the days-to-cover ratio is presently 2.9 days. Currently, 2.7% of the shares of the company are sold short.
View Walgreens Boots Alliance's Short Interest.

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), Rite Aid (RAD), 111 (YI), China Jo-Jo Drugstores (CJJD), 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), Walt Disney (DIS), Cisco Systems (CSCO), Verizon Communications (VZ), AbbVie (ABBV), 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."

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 $35.92.

How big of a company is Walgreens Boots Alliance?

Walgreens Boots Alliance has a market capitalization of $31.13 billion and generates $136.87 billion in revenue each year. The pharmacy operator earns $3.98 billion in net income (profit) each year or $5.99 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 9/30/2020 by MarketBeat.com Staff

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