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, 9 hold ratings and 3 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 Wall Street research analysts have issued 12-month target prices for Walgreens Boots Alliance's shares. Their WBA share price forecasts range from $32.00 to $54.00. On average, they expect the company's share price to reach $43.31 in the next twelve months. This suggests a possible upside of 18.6% from the stock's current price.
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Walgreens Boots Alliance's stock was trading at $37.36 on January 1st, 2023. Since then, WBA stock has decreased by 2.2% and is now trading at $36.53.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, March 30th 2023.
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Walgreens Boots Alliance, Inc. (NASDAQ:WBA) announced its quarterly earnings data on Thursday, January, 5th. The pharmacy operator reported $1.16 earnings per share for the quarter, topping the consensus estimate of $1.15 by $0.01. The pharmacy operator had revenue of $33.38 billion for the quarter, compared to the consensus estimate of $33.04 billion. Walgreens Boots Alliance had a negative net margin of 2.24% and a positive trailing twelve-month return on equity of 13.57%. The firm's revenue was down 1.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.68 earnings per share.
Read the conference call transcript.

Walgreens Boots Alliance announced a quarterly dividend on Thursday, January 26th. Shareholders of record on Thursday, February 16th will be given a dividend of $0.48 per share on Friday, March 10th. This represents a $1.92 annualized dividend and a dividend yield of 5.26%. The ex-dividend date is Wednesday, February 15th.
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 5.17%. WBA has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for WBA.

Walgreens Boots Alliance updated its FY23 earnings guidance on Thursday, January, 5th. The company provided EPS guidance of $4.45-4.65 for the period, compared to the consensus EPS estimate of $4.50. The company issued revenue guidance of $133.5-137.5 billion, compared to the consensus revenue estimate of $133.57 billion.

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 retail and institutional investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (0.32%), New York State Common Retirement Fund (0.14%), New York State Teachers Retirement System (0.11%), Stonegate Investment Group LLC (0.07%), National Bank of Canada FI (0.07%) and Allspring Global Investments Holdings LLC (0.06%). 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 $36.53.

Walgreens Boots Alliance (NASDAQ:WBA) has a market capitalization of $31.51 billion and generates $132.70 billion in revenue each year. The pharmacy operator earns $4.34 billion in net income (profit) each year or ($3.44) 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.