Walgreens Boots Alliance Inc (WBA) is expecting -4.13% growth in the next quarter: What can investors do to maximize their returns?

On Monday, Walgreens Boots Alliance Inc (NASDAQ: WBA) opened higher 4.62% from the last session, before settling in for the closing price of $8.66. Price fluctuations for WBA have ranged from $8.08 to $27.05 over the past 52 weeks.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

During the last 5-year period, the sales growth of Healthcare Sector giant was 1.77%. Company’s average yearly earnings per share was noted -46.97% at the time writing. With a float of $710.05 million, this company’s outstanding shares have now reached $864.00 million.

Let’s determine the extent of company efficiency that accounts for 312000 employees. In terms of profitability, gross margin is 17.96%, operating margin of -9.53%, and the pretax margin is -9.62%.

Walgreens Boots Alliance Inc (WBA) Insider Activity

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 17.88%, while institutional ownership is 61.05%. The most recent insider transaction that took place on Sep 11 ’24, was worth 129,330,578. In this transaction 10% Owner of this company sold 11,619,998 shares at a rate of $11.13, taking the stock ownership to the 23,239,996 shares. Before that another transaction happened on Aug 01 ’24, when Company’s 10% Owner sold 4,438,171 for $240.56, making the entire transaction worth $1,067,646,416. This insider now owns 19,980,000 shares in total.

Walgreens Boots Alliance Inc (WBA) Earnings and Forecasts

If we go through the results of last quarter, which was made public on 8/31/2024, the company posted 0.66 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.62) by 0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.53 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -46.97% 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 0.37. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.05.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -10.01, a number that is poised to hit 0.38 in the next quarter and is forecasted to reach 1.46 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 23.48 million, which is a jump from its year-to-date volume of 17.54 million. As of the previous 9 days, the stock’s Stochastic %D was 47.76%. Additionally, its Average True Range was 0.43.

During the past 100 days, Walgreens Boots Alliance Inc’s (WBA) raw stochastic average was set at 23.28%, which indicates a significant decrease from 55.37% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 48.68% in the past 14 days, which was lower than the 50.00% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $9.14, while its 200-day Moving Average is $13.99. However, in the short run, Walgreens Boots Alliance Inc’s stock first resistance to watch stands at $9.24. Second resistance stands at $9.43. The third major resistance level sits at $9.70. If the price goes on to break the first support level at $8.78, it is likely to go to the next support level at $8.51. Should the price break the second support level, the third support level stands at $8.32.

Walgreens Boots Alliance Inc (NASDAQ: WBA) Key Stats

There are currently 864,617K shares outstanding in the company with a market cap of 7.83 billion. Presently, the company’s annual sales total 147,658 M according to its annual income of -8,636 M. Last quarter, the company’s sales amounted to 37,548 M and its income totaled -3,005 M.