The return on equity signifies how well the management is running the company in terms of capital management. The return on equity is calculated as net income divided by total share holders equity. Today’s stock market report features a plant-based stock with growing revenues. As a global, pharmacy-led healthcare company, we’re committed to helping ensure the safety and dotbig well-being of our colleagues and customers around the world. Walgreens Boots Alliance’s stock is owned by a variety of retail and institutional investors. Top institutional shareholders include LSV Asset Management (0.63%), ProShare Advisors LLC (0.59%), Sumitomo Mitsui Trust Holdings Inc. (0.35%), Victory Capital Management Inc. (0.26%), Great West Life Assurance Co.
The stock outperformed some of its competitors Monday, as CVS Health Corp. Trading volume (12.6 M) eclipsed its 50-day average volume of 8.0 M. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. Walgreens Boots Alliance is one of the largest drugstore chains in the Forex U.S. and has strong market positions in Europe and Latin America. In order to best leverage the size, scale and expertise of our large company, we operate a number of global, cross-divisional functions. Walgreens Boots Alliance brings together some of the best, and most recognized brands in healthcare, retail and beauty, with a purpose to enable more joyful lives through better health.
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While Walgreens Boots Alliance currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest Walgreens Boots Alliance Incorporated stock forecast and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Walgreens Boots Alliance has received a consensus rating of Hold. The company’s average rating score is 1.91, and is based on no buy ratings, 10 hold ratings, and 1 sell rating.
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- This story was reviewed by MarketBeat’s editorial team prior to publication.
- The up/down ratio is calculated by dividing the value of uptick trades by the value of downtick trades.
- While Walgreens Boots Alliance currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.
- A hold rating indicates that analysts believe investors should maintain any existing positions they have in WBA, but not buy additional shares or sell existing shares.
One equities research analyst has rated the stock with a sell rating and eleven have assigned a hold rating to the company. Based on data from MarketBeat.com, Walgreens Boots Alliance currently has a consensus rating of “Hold” and an average price target of $42.08. Market Cap is calculated by multiplying the number of shares outstanding by the stock’s price. To calculate, start with total shares outstanding and subtract the number of restricted shares.
Price Target And Rating
Walgreens’ core strategy involves brick-and-mortar retail pharmacy locations in high-traffic areas, with nearly 80% of the U.S. population living within 5 miles of a store. Currently, the company has a leading share of the domestic prescription drug market at about 20%. In 2021, the company sold a majority of its Alliance Healthcare wholesale business to AmerisourceBergen for $6.5 billion, doubling down on its core pharmacy WBA stock price efforts and ventures in strategic growth areas in primary care and digital offerings. The company also has equity stakes in AmerisourceBergen (29%) and Sinopharm Holding Guoda Drugstore (40%). Click Here to get the full Stock Report for Walgreens Boots Alliance Inc stock. 11 brokers have issued 12-month price targets for Walgreens Boots Alliance’s stock. Their WBA share price forecasts range from $32.00 to $51.00.
WBA’s forward dividend amount is $1.92 and the forward dividend yield is 5.18%. A forward dividend yield is the percentage of a company’s current stock price that it expects to pay out as dividends over a certain time period, generally https://dotbig.com/markets/stocks/WBA/ 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
Health
The company is reimagining local healthcare and well-being for all as part of its purpose – to create more joyful lives through better health. Through dispensing medicines, improving access to a wide range of health services, providing high quality health and beauty products and offering anytime, anywhere convenience across its digital platforms, WBA is shaping the future of healthcare. 11 Wall Street research analysts have issued “buy,” “hold,” and “sell” ratings for Walgreens https://dotbig.com/markets/stocks/WBA/ Boots Alliance in the last year. There are currently 1 sell rating and 10 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should “hold” WBA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WBA, but not buy additional shares or sell existing shares. Walgreens Boots Alliance is a leading retail pharmacy chain with about 13,000 stores in the U.S. and internationally.
Newswalgreens Boots Alliance Inc Wba
A copy of the press release is furnished as Exhibit 99.1 hereto. The WBA’s stocks Beta value is 0.71 making it 29% less volatile compared to NASDAQ market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility https://dotbig.com/ stocks often have low betas because they tend to move more slowly than market averages. MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on…
On average, they anticipate the company’s stock price to reach $42.08 in the next twelve https://finviz.com/forex.ashx months. This suggests a possible upside of 8.8% from the stock’s current price.
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Investor Resources
Truist Financial’s price objective would suggest a potential upside of 14.02% from the stock’s current price. Money Flow Uptick/Downtick RatioMoney flow measures the relative buying and selling pressure on a stock, based on the value of trades made on an “uptick” in price and the value of trades made on a “downtick” in price. The up/down ratio is calculated by dividing the value of uptick trades by the value of downtick trades. Net money flow is the value of uptick trades minus the value of downtick trades. Our calculations are based on comprehensive, delayed quotes. View our full suite of financial calendars and market data tables, all for free. Walgreens Boots Alliance, Inc. paid $1.91 dividend and the ex-dividend date was 13 Nov 2022.The dividend payout ratio is 38.17%.
Bec Geyer