Walgreens Boots Alliance Inc (WBA) with a beta value of 0.80 appears to be a promising investment opportunity.

On Friday, Walgreens Boots Alliance Inc (NASDAQ: WBA) was 3.70% up from the session before settling in for the closing price of $17.59. A 52-week range for WBA has been $17.51 – $36.14.

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During the last 5-year period, the sales growth of Healthcare Sector giant was 1.35%. When this article was written, the company’s average yearly earnings per share was at -18.87%. With a float of $711.61 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.

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

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Walgreens Boots Alliance Inc stocks. The insider ownership of Walgreens Boots Alliance Inc is 17.51%, while institutional ownership is 59.39%. The most recent insider transaction that took place on Apr 11 ’24, was worth 54,150. In this transaction Director of this company bought 3,000 shares at a rate of $18.05, taking the stock ownership to the 3,000 shares. Before that another transaction happened on Apr 02 ’24, when Company’s EVP and Global CFO bought 6,000 for $19.38, making the entire transaction worth $116,280. This insider now owns 166,969 shares in total.

Walgreens Boots Alliance Inc (WBA) Recent Fiscal highlights

Wall Street market experts anticipate that the next fiscal year will bring earnings of 8.40 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -18.87% per share during the next fiscal year.

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

You can see what Walgreens Boots Alliance Inc (WBA) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.32. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.11.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -7.00, a number that is poised to hit 0.72 in the next quarter and is forecasted to reach 3.17 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 8.87 million, which is a drop from its year-to-date volume of 14.21 million. As of the previous 9 days, the stock’s Stochastic %D was 16.08%. Additionally, its Average True Range was 0.61.

During the past 100 days, Walgreens Boots Alliance Inc’s (WBA) raw stochastic average was set at 7.65%, which indicates a significant decrease from 34.60% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 37.53% in the past 14 days, which was lower than the 41.50% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $20.44, while its 200-day Moving Average is $23.28. However, in the short run, Walgreens Boots Alliance Inc’s stock first resistance to watch stands at $18.49. Second resistance stands at $18.75. The third major resistance level sits at $19.21. If the price goes on to break the first support level at $17.77, it is likely to go to the next support level at $17.31. Now, if the price goes above the second support level, the third support stands at $17.05.

Walgreens Boots Alliance Inc (NASDAQ: WBA) Key Stats

There are 862,713K outstanding shares of the company, which has a market capitalization of 15.74 billion. As of now, sales total 139,081 M while income totals -3,080 M. Its latest quarter income was 37,052 M while its last quarter net income were -5,907 M.