Walgreens Boots Alliance - WBA Stock Forecast, Price & News

13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Walgreens Boots Alliance in the last year. There are currently 1 sell rating, 8 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research 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.
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13 equities research analysts have issued twelve-month price objectives for Walgreens Boots Alliance's shares. Their WBA share price forecasts range from $32.00 to $54.00. On average, they anticipate the company's stock price to reach $43.23 in the next twelve months. This suggests a possible upside of 3.8% from the stock's current price.
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Walgreens Boots Alliance's stock was trading at $52.16 at the beginning of the year. Since then, WBA stock has decreased by 20.1% and is now trading at $41.66.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, January 5th 2023.
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Walgreens Boots Alliance, Inc. (NASDAQ:WBA) issued its quarterly earnings data on Thursday, October, 13th. The pharmacy operator reported $0.80 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.77 by $0.03. The pharmacy operator earned $32.45 billion during the quarter, compared to analysts' expectations of $32.17 billion. Walgreens Boots Alliance had a trailing twelve-month return on equity of 14.39% and a net margin of 3.27%. The firm's revenue was down 5.3% on a year-over-year basis. During the same quarter last year, the business posted $1.17 earnings per share.
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Walgreens Boots Alliance declared a quarterly dividend on Thursday, October 27th. Investors of record on Tuesday, November 15th will be paid a dividend of $0.48 per share on Monday, December 12th. This represents a $1.92 annualized dividend and a dividend yield of 4.61%. The ex-dividend date is Monday, November 14th.
Read our dividend analysis for WBA.

Walgreens Boots Alliance (NASDAQ:WBA) pays an annual dividend of $1.92 per share and currently has a dividend yield of 4.60%. 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 46 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 38.40%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WBA will have a dividend payout ratio of 40.34% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WBA.

Walgreens Boots Alliance issued an update on its FY 2023 earnings guidance on Thursday, October, 27th. The company provided EPS guidance of $4.45-$4.65 for the period, compared to the consensus estimate of $4.53. The company issued revenue guidance of -.

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.

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).

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

Walgreens Boots Alliance's stock is owned by many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (7.24%), BlackRock Inc. (6.80%), State Street Corp (6.17%), Bank of New York Mellon Corp (0.88%), Dimensional Fund Advisors LP (0.69%) and Federated Hermes Inc. (0.68%). Insiders that own company stock include Kevin M Ban, Marco Patrick Anthony Pagni, Nancy M Schlichting and Walgreens Boots Alliance, Inc.
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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.
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One share of WBA stock can currently be purchased for approximately $41.66.

Walgreens Boots Alliance (NASDAQ:WBA) has a market capitalization of $36.03 billion and generates $132.70 billion in revenue each year. The pharmacy operator earns $4.34 billion in net income (profit) each year or $5.00 on an earnings per share basis.

The company employs 325,000 workers across the globe.

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.