Notable Price Swings: Walgreens Boots Alliance, Inc.'s (WBA)

Notable Price Swings: Walgreens Boots Alliance, Inc.'s (WBA)

Out of 11 analysts covering Walgreens Boots Alliance (NASDAQ:WBA), 9 rate it a "Buy", 1 "Sell", while 1 "Hold". Considering the earnings reaction history, The Company has topped 58% percentage. For the next 5 years, the company is expected to grow by 5.96 percent.

Recently analysts working for various investment brokerages have changed their ratings and price targets on shares of Walgreens Boots Alliance, Inc. (NASDAQ:WBA) by 0.5% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The business had revenue of $28.60 billion for the quarter, compared to analyst estimates of $29.06 billion.

Walgreens Boots Alliance, a holding company. The business's quarterly revenue was up.4% compared to the same quarter past year.

The growth estimate for General Growth Properties, Inc (NYSE:GGP) for the current quarter is -20 percent. On average, analysts expect Walgreens Boots Alliance to post $5.01 EPS for the current fiscal year and $5.50 EPS for the next fiscal year. A EVP and Global Chief HRO at Walgreens Boots Alliance, Inc. (NASDAQ:WBA) belongs to Retail-Wholesale sector closed its last session with a gain of 0.24 percent and closed its previous trading session at $82.96.

Walgreens Boots Alliance, Inc. has a 50 day moving average of 84.61 and a 200 day moving average of 82.17.

Walgreens Boots reported $1.03 in earnings per share (EPS) for first quarter of past year. The EPS for the most recent quarter is 1.07. Shareholders of record on Thursday, November 17th were paid a $0.375 dividend. This represents a $1.50 annualized dividend and a dividend yield of 1.81%. The ex-dividend date of this dividend was Tuesday, November 15th. Walgreens Boots Alliance's payout ratio is presently 39.27%. If you are accessing this story on another publication, it was illegally stolen and reposted in violation of US and worldwide copyright & trademark laws. The company shows Gross Margin and Operating Margin of 25.5 percent and 5.1 percent respectively.

- Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter. The shares were sold at an average price of $85.05, for a total transaction of $484,785.00. The company has a market cap of $88.71 billion. Following the stock price relative to moving averages may offer enhanced perspective on stock performance. It has met expectations 2 times and missed earnings 2 times. The disclosure for this sale can be found here.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in Walgreens Boots Alliance by 3.0% in the second quarter. Alpha Windward LLC now owns 3,227 shares of the pharmacy operator's stock valued at $260,000 after buying an additional 18 shares during the last quarter. Pioneer Investment Management Inc. boosted its stake in shares of Walgreens Boots Alliance by 31.0% in the third quarter. They are projecting Next Quarter growth of 6.1%. Finally, Cobiz Investment Management LLC increased its stake in Walgreens Boots Alliance by 0.3% in the third quarter. According to Zacks Investment Research, based on 10 analysts' forecasts, the consensus EPS forecast for the quarter is $-0.63. The institutional investor owned 83,803 shares of the pharmacy operator's stock after buying an additional 400 shares during the period. Bank of America Corp. restated a "buy" rating and set a $94.00 target price on shares of Walgreens Boots Alliance in a research report on Tuesday, August 30th.

10/19/2016 - Walgreens Boots Alliance, Inc. had its "outperform" rating reiterated by analysts at Credit Suisse. It has a 21.68 P/E ratio. Analysts have a mean recommendation of 2.00 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Walgreens Boots Alliance has a consensus rating of "Buy" and a consensus price target of $90.30. Walgreens Boots Alliance Inc. The Company is a pharmacy-led health and wellbeing company. The Firm operates through three divisions: Retail Pharmacy USA, Retail Pharmacy International and Pharmaceutical Wholesale.



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