Economy

Walgreens Boots Alliance (NASDAQ:WBA) Loses "Outperform" Rating

Walgreens Boots Alliance (NASDAQ:WBA) Loses

Walgreens Boots Alliance had 35 analyst reports since August 24, 2015 according to SRatingsIntel. The company now has an average rating of "Buy" and an average price target of $91.77. Finally, Putnam FL Investment Management Co. increased its stake in shares of Walgreens Boots Alliance by 1,037.3% in the 1st quarter. The 52-Week High of -11.91% serves as an indicator for potential stakeholders with a 52-Week Low of 3.11%.

WBA has been the topic of several analyst reports.

Walgreens Boots Alliance Inc (NASDAQ:WBA) opened at 82.48 on Friday. Leerink Swann maintained the shares of WBA in report on Thursday, July 20 with "Buy" rating.

08/23/2017 - Walgreens Boots Alliance, Inc. had its "buy" rating reiterated by analysts at UBS. Pivotal Research initiated it with "Hold" rating and $85 target in Tuesday, April 4 report. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and fifteen have assigned a buy rating to the stock. P/E provides a number that details how many years of earnings it will take a stock to recoup the value of one share at current price levels. (WBA) declined -0.81% and its total traded volume was 7 million shares contrast to the average volume of 5.62 million shares.

While under theory that management are shareholders, many value investors look for stocks with a high percent of insider ownership, because they will act in its own self interest, as well create shareholder value in the long-term. Walgreens Boots Alliance, Inc. has a 52-week low of 75.18 and a 52-week high of 89.69. The firm presented substantial 200-days simple moving average of -5.15%.

Walgreens Boots Alliance (NASDAQ:WBA) Loses

Investors wait Walgreens Boots Alliance Inc (NASDAQ:WBA) to report on October, 19. its quarterly earnings Wall Street analysts expect $1.22 earnings per share, up $0.15 or 14.02 % from last year's $1.07 same quarter earnings. The pharmacy operator reported $1.33 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $1.30 by $0.03. Walgreens Boots Alliance had a return on equity of 17.34% and a net margin of 3.69%. The firm's revenue was up 2.1% on a year-over-year basis. The company's quarterly revenue was up 2.1% compared to the same quarter a year ago. However, -4.79% over the last one month, -1.08% for the last quarter and year to date performance stands at -6.33%.

Walgreens Boots Alliance announced that its Board of Directors has authorized a stock buyback program on Thursday, June 29th that authorizes the company to buyback $5.00 billion in shares. Stock repurchase programs are generally a sign that the company's board of directors believes its stock is undervalued.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 12th. The ex-dividend date was Wed, Aug 16th. The SI to Walgreen Boots Alliance Incorporated's float is 1.99%. PM's profit will be $2.14B for 20.28 P/E if the $1.38 EPS becomes a reality.

When it comes to the Analysis of a Stock, Price Target plays a vital role. The transaction related to this sale was declared in a document with the Security and Exchange Commission, which is accessible through the Security and Exchange Commission website. The amount will help investors make financial decisions, to compare Walgreens Boots Alliance, Inc. profitability or the efficiency on various investments. If you are accessing this story on another site, it was copied illegally and republished in violation of U.S. & worldwide trademark & copyright law. The correct version of this story can be read at https://stocknewstimes.com/2017/09/30/walgreens-boots-alliance-wba-earning-somewhat-positive-media-coverage-analysis-shows.html. Toth Financial Advisory Corp's holdings in Walgreens Boots Alliance were valued $8,682,000 as of its latest document with the SEC (SEC). The Firm is a pharmacy-led health and wellbeing company.



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