Walgreens Boots Alliance - WBA Stock Forecast, Price & News

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Walgreens Boots Alliance in the last twelve months. There are currently 1 sell rating and 8 hold ratings for the stock. The consensus among Wall Street 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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9 Wall Street research analysts have issued 12-month target prices for Walgreens Boots Alliance's stock. Their WBA share price forecasts range from $39.00 to $56.00. On average, they predict the company's stock price to reach $46.25 in the next year. This suggests a possible upside of 14.5% 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 22.5% and is now trading at $40.40.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, October 13th 2022.
View our WBA earnings forecast.

Walgreens Boots Alliance, Inc. (NASDAQ:WBA) posted its quarterly earnings data on Thursday, June, 30th. The pharmacy operator reported $0.96 EPS for the quarter, topping the consensus estimate of $0.95 by $0.01. The pharmacy operator earned $32.60 billion during the quarter, compared to analysts' expectations 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%. The firm's revenue for the quarter was down 4.2% on a year-over-year basis. During the same period in the previous year, the firm posted $1.51 EPS.
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Walgreens Boots Alliance announced a quarterly dividend on Wednesday, July 13th. Shareholders of record on Friday, August 19th will be given a dividend of $0.48 per share on Friday, September 9th. This represents a $1.92 dividend on an annualized basis and a yield of 4.75%. The ex-dividend date of this dividend is Thursday, August 18th. This is an increase from the stock's previous quarterly dividend of $0.48.
Read our dividend analysis for WBA.

Walgreens Boots Alliance (NASDAQ:WBA) pays an annual dividend of $1.91 per share and currently has a dividend yield of 4.88%. 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 47 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 30.81%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WBA will have a dividend payout ratio of 41.25% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WBA.

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 a variety of institutional and retail investors. Top institutional investors include ProShare Advisors LLC (0.56%), Swiss National Bank (0.37%), Sumitomo Mitsui Trust Holdings Inc. (0.36%), Victory Capital Management Inc. (0.20%), Miller Howard Investments Inc. NY (0.20%) and AustralianSuper Pty Ltd (0.18%). Insiders that own company stock include 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 $40.40.

Walgreens Boots Alliance (NASDAQ:WBA) has a market capitalization of $34.92 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.

The company 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 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.