NASDAQ:WBAWalgreens Boots Alliance Stock Price, Forecast & News

$42.94

+1.11 (+2.65 %)

(As of 05/29/2020 04:00 PM ET)

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Today's Range

$41.23

Now: $42.94▼

$42.97

50-Day Range

$38.35

MA: $42.11▼

$46.38

52-Week Range

$36.65

Now: $42.94▼

$64.50

Volume8.51 million shs

Average Volume7.17 million shs

Market Capitalization$37.67 billion

P/E Ratio11.01

Dividend Yield4.37%

Beta0.55

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, 13 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $51.08, Walgreens Boots Alliance has a potential upside of 18.9% from its current price of $42.94.
Amount of Analyst Coverage
Walgreens Boots Alliance has been the subject of 9 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 1,128 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Walgreens Boots Alliance has received 931 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Walgreens Boots Alliance has received 54.78% “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.

5.0 Dividend Strength

Dividend Leadership
Walgreens Boots Alliance is a leading dividend payer. It pays a dividend yield of 4.37%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Walgreens Boots Alliance has been increasing its dividend for 44 years.
Dividend Coverage
The dividend payout ratio of Walgreens Boots Alliance is 30.55 %. 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 30.76 % 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
57.19% 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.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Walgreens Boots Alliance are expected to grow by 8.58% in the coming year, from $5.48 to $5.95 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Walgreens Boots Alliance is 11.01, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 13.71.
Price to Earnings Ratio vs. Sector
The P/E ratio of Walgreens Boots Alliance is 11.01, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 16.80.
Price to Earnings Growth Ratio
Walgreens Boots Alliance has a PEG Ratio of 1.95. 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 1.61. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.71 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 Ratio1.34

Current Ratio0.66

Quick Ratio0.32

Price-To-Earnings

Trailing P/E Ratio11.01

Forward P/E Ratio7.84

P/E Growth1.95

Sales & Book Value

Annual Sales$136.87 billion

Price / Sales0.28

Cash Flow$8.61 per share

Price / Cash Flow4.99

Book Value$26.74 per share

Price / Book1.61

Profitability

EPS (Most Recent Fiscal Year)$5.99

Net Income$3.98 billion

Net Margins2.52%

Return on Equity21.26%

Return on Assets6.55%

Miscellaneous

Employees342,000

Outstanding Shares877,220,000

Market Cap$37.67 billion

Next Earnings Date6/25/2020 (Estimated)

OptionableOptionable

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Walgreens Boots Alliance (NASDAQ:WBA) Frequently Asked Questions

How has Walgreens Boots Alliance's stock been impacted by COVID-19 (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. Since then, WBA shares have decreased by 6.8% and is now trading at $42.94. View which stocks have been most impacted by Coronavirus.

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

14 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 13 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, June 25th 2020. View our earnings forecast for Walgreens Boots Alliance.

How were Walgreens Boots Alliance's earnings last quarter?

Walgreens Boots Alliance Inc (NASDAQ:WBA) issued its earnings results on Thursday, April, 2nd. The pharmacy operator reported $1.52 earnings per share for the quarter, beating analysts' consensus estimates of $1.46 by $0.06. The pharmacy operator earned $35.82 billion during the quarter, compared to analyst estimates of $35.24 billion. Walgreens Boots Alliance had a net margin of 2.52% and a return on equity of 21.26%. Walgreens Boots Alliance's quarterly revenue was up 3.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.64 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 announced a quarterly dividend on Wednesday, April 22nd. Shareholders of record on Wednesday, May 20th will be paid a dividend of $0.4575 per share on Friday, June 12th. This represents a $1.83 annualized dividend and a yield of 4.26%. The ex-dividend date of this dividend is Tuesday, May 19th. View Walgreens Boots Alliance's dividend history.

What price target have analysts set for WBA?

14 brokers have issued 1-year target prices for Walgreens Boots Alliance's shares. Their forecasts range from $42.00 to $61.00. On average, they expect Walgreens Boots Alliance's share price to reach $51.08 in the next twelve months. This suggests a possible upside of 18.9% from the stock's current price. View analysts' price targets for Walgreens Boots Alliance.

Has Walgreens Boots Alliance been receiving favorable news coverage?

News headlines about WBA stock have been trending negative this week, InfoTrie Sentiment reports. The research group identifies negative and positive media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Walgreens Boots Alliance earned a news sentiment score of -2.0 on InfoTrie's scale. They also assigned press coverage about the pharmacy operator a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news aboutWalgreens Boots Alliance.

Are investors shorting Walgreens Boots Alliance?

Walgreens Boots Alliance saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 16,700,000 shares, an increase of 35.2% from the April 30th total of 12,350,000 shares. Based on an average trading volume of 7,650,000 shares, the days-to-cover ratio is currently 2.2 days. Currently, 2.3% of the company's stock are short sold. View Walgreens Boots Alliance's Current Options Chain.

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) and Dougherty's Pharmacy (MYDP). 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), CVS Health (CVS), Intel (INTC), Walt Disney (DIS), Johnson & Johnson (JNJ), General Electric (GE), Verizon Communications (VZ), Cisco Systems (CSCO), AbbVie (ABBV) 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."

Who are Walgreens Boots Alliance's major shareholders?

Walgreens Boots Alliance's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (5.73%), State Street Corp (5.32%), Franklin Resources Inc. (1.99%), Caisse DE Depot ET Placement DU Quebec (1.69%), Geode Capital Management LLC (1.31%) and JPMorgan Chase & Co. (1.03%). Company insiders that own Walgreens Boots Alliance stock include Kathleen Wilson-Thompson, Kimberly R Scardino, Marco Patrick Anthony Pagni, Nancy M Schlichting, Ornella Barra, Stefano Pessina and William C Foote. View institutional ownership trends for Walgreens Boots Alliance.

Which institutional investors are selling Walgreens Boots Alliance stock?

WBA stock was sold by a variety of institutional investors in the last quarter, including Capital International Investors, BlackRock Inc., Two Sigma Advisers LP, Canada Pension Plan Investment Board, American International Group Inc., Deutsche Bank AG, Franklin Resources Inc., and APG Asset Management N.V.. View insider buying and selling activity for Walgreens Boots Alliance.

Which institutional investors are buying Walgreens Boots Alliance stock?

WBA stock was bought by a variety of institutional investors in the last quarter, including Aristotle Capital Management LLC, APG Asset Management N.V., JPMorgan Chase & Co., Nuveen Asset Management LLC, Cullen Capital Management LLC, Kiltearn Partners LLP, Alberta Investment Management Corp, and Advisor Group Holdings Inc.. Company insiders that have bought Walgreens Boots Alliance stock in the last two years include Ornella Barra, and Stefano Pessina. View insider buying and selling activity for Walgreens Boots Alliance.

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 $42.94.

How big of a company is Walgreens Boots Alliance?

Walgreens Boots Alliance has a market capitalization of $37.67 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 5/31/2020 by MarketBeat.com Staff