Walgreens Boots Alliance Stock Forecast, Price & News

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Walgreens Boots Alliance in the last twelve months. There are currently 1 sell rating and 7 hold ratings for the stock. The consensus among Wall Street equities 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.
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8 analysts have issued twelve-month target prices for Walgreens Boots Alliance's stock. Their WBA stock forecasts range from $39.00 to $56.00. On average, they anticipate Walgreens Boots Alliance's share price to reach $46.36 in the next twelve months. This suggests a possible upside of 21.5% 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 26.9% and is now trading at $38.15.
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Walgreens Boots Alliance is scheduled to release its next quarterly earnings announcement on Thursday, October 13th 2022.
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Walgreens Boots Alliance, Inc. (NASDAQ:WBA) released its quarterly earnings results on Thursday, June, 30th. The pharmacy operator reported $0.96 earnings per share for the quarter, hitting analysts' consensus estimates of $0.96. The pharmacy operator had revenue of $32.60 billion for the quarter, compared to analyst estimates of $32.23 billion. Walgreens Boots Alliance had a net margin of 4.00% and a trailing twelve-month return on equity of 16.20%. Walgreens Boots Alliance's quarterly revenue was down 4.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.51 earnings per share.
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Walgreens Boots Alliance declared a quarterly dividend on Thursday, April 28th. Investors of record on Friday, May 20th will be paid a dividend of $0.4775 per share on Friday, June 10th. This represents a $1.91 dividend on an annualized basis and a dividend yield of 5.01%. The ex-dividend date is Thursday, May 19th.
View Walgreens Boots Alliance's dividend history.

Walgreens Boots Alliance(NASDAQ:WBA) pays an annual dividend of $1.91 per share and currently has a dividend yield of 4.95%. WBA has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Walgreens Boots Alliance 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 of Walgreens Boots Alliance is 30.81%. 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 39.79% next year. This indicates that Walgreens Boots Alliance will be able to sustain or increase its dividend.
View Walgreens Boots Alliance's dividend history.

4,267 employees have rated Walgreens Boots Alliance CEO Stefano Pessina on Glassdoor.com. Stefano Pessina has an approval rating of 32% among Walgreens Boots Alliance's employees. This puts Stefano Pessina in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Walgreens Boots Alliance include CVS Health (CVS), Covetrus (CVET), PetMed Express (PETS), Rite Aid (RAD), 111 (YI), MedAvail (MDVL), General Cannabis (CANN), Progressive Care (RXMD), HealthWarehouse.com (HEWA), China Jo-Jo Drugstores (CJJD), China Dasheng Biotechnology (CDBT), Dougherty's Pharmacy (MYDP), Dragon Jade International (DGJI) and Health Sciences Group (HESG).
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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 institutional and retail investors. Top institutional shareholders include Lynch & Associates IN (0.00%), Capital Investment Advisors LLC (0.00%), Parsec Financial Management Inc. (0.00%) and GoalVest Advisory LLC (0.00%). Company insiders that own Walgreens Boots Alliance stock include Marco Patrick Anthony Pagni, Nancy M Schlichting and Walgreens Boots Alliance, Inc.
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WBA stock was sold by a variety of institutional investors in the last quarter, including Parsec Financial Management Inc., Capital Investment Advisors LLC, and Lynch & Associates IN. Company insiders that have sold Walgreens Boots Alliance company stock in the last two years include Marco Patrick Anthony Pagni, Nancy M Schlichting, and Walgreens Boots Alliance, Inc.
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WBA stock was purchased by a variety of institutional investors in the last quarter, including GoalVest Advisory LLC.
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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.
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One share of WBA stock can currently be purchased for approximately $38.15.

Walgreens Boots Alliance (NASDAQ:WBA) has a market capitalization of $32.97 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.

Walgreens Boots Alliance employs 315,000 workers across the globe.

Walgreens Boots Alliance was founded in 2014.

Walgreens Boots Alliance's mailing address is 108 Wilmot Road, Deerfield IL, 60015. The official website for Walgreens Boots Alliance 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.