Walgreens Boots Alliance Inc (WBA) 20 Days SMA touches 12.41%: The odds favor the bear

Walgreens Boots Alliance Inc (NASDAQ: WBA) kicked off on Monday, down -2.02% from the previous trading day, before settling in for the closing price of $10.39. Over the past 52 weeks, WBA has traded in a range of $8.08-$27.05.

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

Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 1.77%. While this was happening, its average annual earnings per share was recorded -46.81%. With a float of $710.05 million, this company’s outstanding shares have now reached $864.00 million.

Considering the fact that the conglomerate employs 312000 people, you should pay attention to its efficiency factor. 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

Our next focus will be how large-scale investors are participating in this stock of the Pharmaceutical Retailers Industry. The insider ownership of Walgreens Boots Alliance Inc is 17.88%, while institutional ownership is 60.96%. 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

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.52 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -46.81% per share during the next fiscal year.

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

Take a look at Walgreens Boots Alliance Inc’s (WBA) current performance indicators. Last quarter, stock had a quick ratio of 0.37. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.06.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -10.01, a number that is poised to hit 0.39 in the next quarter and is forecasted to reach 1.46 in one year’s time.

Technical Analysis of Walgreens Boots Alliance Inc (WBA)

Compared to the last year’s volume of 18.13 million, its volume of 46.96 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 59.32%. 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 49.88%, which indicates a significant decrease from 62.03% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 84.05% in the past 14 days, which was higher than the 57.54% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $9.29, while its 200-day Moving Average is $13.12. Nevertheless, the first resistance level for the watch stands at $10.30 in the near term. At $10.43, the stock is likely to face the second major resistance level. The third major resistance level sits at $10.65. If the price goes on to break the first support level at $9.95, it is likely to go to the next support level at $9.73. Should the price break the second support level, the third support level stands at $9.60.

Walgreens Boots Alliance Inc (NASDAQ: WBA) Key Stats

The company with the Market Capitalisation of 9.40 billion has total of 864,617K Shares Outstanding. Its annual sales at the moment are 147,658 M in contrast with the sum of -8,636 M annual income. Company’s last quarter sales were recorded 37,548 M and last quarter income was -3,005 M.