Walgreens Boots Alliance Inc (WBA) with a beta value of 0.78 appears to be a promising investment opportunity.

On November 20, 2023, Walgreens Boots Alliance Inc (NASDAQ: WBA) opened at $21.14, lower -0.90% from the last session. During the day, the shares moved up to $21.26 and dropped to $20.61 before settling in for the closing price of $21.22. Price fluctuations for WBA have ranged from $20.00 to $42.29 over the past 52 weeks.

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During the last 5-year period, the sales growth of Healthcare Sector giant was 1.69%. Company’s average yearly earnings per share was noted -16.09% at the time writing. With a float of $712.94 million, this company’s outstanding shares have now reached $863.67 million.

Let’s determine the extent of company efficiency that accounts for 331000 employees. In terms of profitability, gross margin is +17.84, operating margin of +2.15, and the pretax margin is -3.90.

Walgreens Boots Alliance Inc (WBA) Breakdown of a Key Holders of the stock

A key investor’s attitude towards the stock of the Pharmaceutical Retailers industry is another important factor to consider. The insider ownership of Walgreens Boots Alliance Inc is 17.48%, while institutional ownership is 58.54%. The most recent insider transaction that took place on Nov 10, was worth 20,450. In this transaction SVP, Chief Pharmacy Officer of this company sold 1,000 shares at a rate of $20.45, taking the stock ownership to the 73,929 shares. Before that another transaction happened on Nov 09, when Company’s 10% Owner sold 1,279,590 for $195.38, making the entire transaction worth $249,999,896. This insider now owns 30,489,956 shares in total.

Walgreens Boots Alliance Inc (WBA) Recent Fiscal highlights

If we go through the results of last quarter, which was made public on 8/30/2023, the company posted $0.67 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at $0.69) by -$0.02. This company achieved a net margin of -2.21 while generating a return on equity of -13.60. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.89 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -16.09% per share during the next fiscal year.

Walgreens Boots Alliance Inc (NASDAQ: WBA) Trading Performance Indicators

Check out the current performance indicators for Walgreens Boots Alliance Inc (WBA). In the past quarter, the stock posted a quick ratio of 0.30. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.13. Likewise, its price to free cash flow for the trailing twelve months is 129.77.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.57, a number that is poised to hit 0.63 in the next quarter and is forecasted to reach 3.68 in one year’s time.

Technical Analysis of Walgreens Boots Alliance Inc (WBA)

Looking closely at Walgreens Boots Alliance Inc (NASDAQ: WBA), its last 5-days average volume was 11.13 million, which is a jump from its year-to-date volume of 9.18 million. As of the previous 9 days, the stock’s Stochastic %D was 47.78%. Additionally, its Average True Range was 0.79.

During the past 100 days, Walgreens Boots Alliance Inc’s (WBA) raw stochastic average was set at 9.10%, which indicates a significant decrease from 46.40% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 43.23% in the past 14 days, which was higher than the 35.77% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $21.69, while its 200-day Moving Average is $29.17. However, in the short run, Walgreens Boots Alliance Inc’s stock first resistance to watch stands at $21.32. Second resistance stands at $21.62. The third major resistance level sits at $21.97. If the price goes on to break the first support level at $20.67, it is likely to go to the next support level at $20.32. Now, if the price goes above the second support level, the third support stands at $20.02.

Walgreens Boots Alliance Inc (NASDAQ: WBA) Key Stats

There are currently 863,915K shares outstanding in the company with a market cap of 18.17 billion. Presently, the company’s annual sales total 139,081 M according to its annual income of -3,080 M. Last quarter, the company’s sales amounted to 35,422 M and its income totaled -179,000 K.


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