Look At Analyst Expectations For A Better Read On Walgreens Boots Alliance Inc (NASDAQ: WBA)

Currently, there are 863.67M common shares owned by the public and among those 711.14M shares have been available to trade.

Insiders at the company have transacted a total of 54 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 26 of these insider trades were purchases, accounting for 2,181,275 shares. Insider sales of the common stock occurred on 28 occasions, with total insider shares sold totaling 77,521 shares.

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The company’s stock has a 5-day price change of -1.41% and 7.52% over the past three months. WBA shares are trading -14.55% year to date (YTD), with the 12-month market performance down to -38.57% lower. It has a 12-month low price of $19.68 and touched a high of $36.78 over the same period. WBA has an average intraday trading volume of 14.57 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -0.90%, -6.02%, and -12.92% respectively.

Institutional ownership of Walgreens Boots Alliance Inc (NASDAQ: WBA) shares accounts for 59.88% of the company’s 863.67M shares outstanding.

It has a market capitalization of $19.24B and a beta (3y monthly) value of 0.73. The stock’s trailing 12-month PE ratio is 33.55, while the earnings-per-share (ttm) stands at $0.66. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.27% over the week and 3.36% over the month.

Analysts forecast that Walgreens Boots Alliance Inc (WBA) will achieve an EPS of $0.83 for the current quarter, $0.91 for the next quarter and $3.56 for 2025. The lowest estimate earnings-per-share for the quarter is $0.8 while analysts give the company a high EPS estimate of $0.91. Comparatively, EPS for the current quarter was $1.16 a year ago. Earnings per share for the fiscal year are expected to decrease by -18.17%, and 8.61% over the next financial year.

Barclays coverage for the Walgreens Boots Alliance Inc (WBA) stock in a research note released on January 03, 2024 offered a Underweight rating with a price target of $21. HSBC Securities was of a view on December 22, 2023 that the stock is Hold, while JP Morgan gave the stock Overweight rating on October 23, 2023, issuing a price target of $27- $30. Morgan Stanley on their part issued Underweight rating on July 03, 2023.

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