Walgreens Boots Alliance Stock Forecast, Price & News

15 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Walgreens Boots Alliance in the last twelve months. There are currently 2 sell ratings, 11 hold ratings and 2 buy 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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Walgreens Boots Alliance saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 15,480,000 shares, an increase of 20.6% from the August 15th total of 12,840,000 shares. Based on an average daily trading volume, of 5,600,000 shares, the days-to-cover ratio is currently 2.8 days. Currently, 2.2% of the shares of the stock are sold short.
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Walgreens Boots Alliance is scheduled to release its next quarterly earnings announcement on Thursday, October 21st 2021.
View our earnings forecast for Walgreens Boots Alliance.

Walgreens Boots Alliance, Inc. (NASDAQ:WBA) issued its quarterly earnings data on Wednesday, June, 30th. The pharmacy operator reported $1.38 earnings per share for the quarter, topping the consensus estimate of $1.17 by $0.21. The pharmacy operator earned $34.03 billion during the quarter, compared to the consensus estimate of $33.47 billion. Walgreens Boots Alliance had a net margin of 1.66% and a trailing twelve-month return on equity of 20.79%. The business's revenue was up 12.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.71 EPS.
View Walgreens Boots Alliance's earnings history.

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. Since then, WBA shares have increased by 8.4% and is now trading at $49.94.
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Walgreens Boots Alliance declared a quarterly dividend on Tuesday, July 13th. Investors of record on Friday, August 20th will be given a dividend of $0.477 per share on Friday, September 10th. This represents a $1.91 annualized dividend and a yield of 3.82%. The ex-dividend date is Thursday, August 19th. This is an increase from Walgreens Boots Alliance's previous quarterly dividend of $0.47.
View Walgreens Boots Alliance's dividend history.

Walgreens Boots Alliance pays an annual dividend of $1.91 per share and currently has a dividend yield of 3.81%. The dividend payout ratio of Walgreens Boots Alliance is 40.30%. 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 37.38% next year. This indicates that Walgreens Boots Alliance will be able to sustain or increase its dividend.
View Walgreens Boots Alliance's dividend history.

15 analysts have issued twelve-month price targets for Walgreens Boots Alliance's shares. Their forecasts range from $33.00 to $68.00. On average, they anticipate Walgreens Boots Alliance's share price to reach $51.59 in the next year. This suggests a possible upside of 3.3% from the stock's current price.
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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), Rite Aid (RAD), PetMed Express (PETS), 111 (YI), MedAvail (MDVL), China Jo-Jo Drugstores (CJJD), Progressive Care (RXMD), HealthWarehouse.com (HEWA), Dragon Jade International (DGJI), Dougherty's Pharmacy (MYDP), China Dasheng Biotechnology (CDBT) 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), The 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 number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (6.81%), BlackRock Inc. (6.41%), State Street Corp (5.08%), FMR LLC (1.92%), Geode Capital Management LLC (1.35%) and Northern Trust Corp (0.99%).
View institutional ownership trends for Walgreens Boots Alliance.

WBA stock was sold by a variety of institutional investors in the last quarter, including Caisse DE Depot ET Placement DU Quebec, Bank of New York Mellon Corp, Price T Rowe Associates Inc. MD, BlackRock Inc., Susquehanna International Group LLP, State Street Corp, Bridgewater Associates LP, and LSV Asset Management.
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WBA stock was bought by a variety of institutional investors in the last quarter, including Amundi, Bank of Montreal Can, Invesco Ltd., Parametric Portfolio Associates LLC, FMR LLC, Vanguard Group Inc., Zurich Insurance Group Ltd FI, and Mn Services Vermogensbeheer B.V..
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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 $49.94.

Walgreens Boots Alliance has a market capitalization of $43.20 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 331,000 workers across the globe.

The following companies are subsidiares of Walgreens Boots Alliance: Alliance Boots Holdings Limited, Alliance Healthcare (Distribution) Limited, Alliance Healthcare Deutschland AG, Alliance Healthcare Ecza Deposu Anonim Şirketi, Alliance Healthcare España S.A., Alliance Healthcare Romania SRL, Alliance Healthcare Répartition, Bond Drug Company of Illinois LLC, Boots Retail (Ireland) Limited, Boots UK Limited, Duane Reade, Farmacias Benavides S.A.B. de C.V., Liz Earle Beauty, Prime Therapeutics Specialty Pharmacy LLC, Sinopharm Holding GuoDa Drug Store Co., Superior Acquisitions Limited, Superior Holdings Limited, Superior Luxco 1 S.à r.l., Take Care Health Employer Solutions, The Boots Company PLC, United Company of Pharmacists SAE, WBA Acquisitions UK Holdco 7 Limited, WBA Acquisitions UK Topco Limited, WBA Financial LLC, WBA International Limited, WBA Investments Inc., WBA Luxembourg 6 S.à r.l., WBA Luxembourg 7 S.à.r.l., WBAD Holdings Limited, Walgreen Arizona Drug Co., Walgreen Co., Walgreen Eastern Co. Inc., Walgreen International S.à r.l., Walgreen Investments Luxembourg S.à r.l., Walgreen Louisiana Co. Inc., Walgreen of Puerto Rico Inc., Walgreens Boots Alliance (Hong Kong) Investments Limited, Walgreens Boots Alliance Holdings LLC, Walgreens Boots Alliance Limited, Walgreens Boots Alliance Scottish LP, Walgreens Specialty Pharmacy LLC, Waltrust Properties Inc., and iA.

Walgreens Boots Alliance was founded in 2014.

The official website for Walgreens Boots Alliance is www.walgreensbootsalliance.com.

Walgreens Boots Alliance is headquartered at 108 Wilmot Road, Deerfield IL, 60015.

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]