The stock of Walgreens Boots Alliance Inc (NASDAQ:WBA) last traded at $11.34, down -4.47% from the previous session.
WBA stock price is now 15.65% away from the 50-day moving average and -4.18% away from the 200-day moving average. The market capitalization of the company currently stands at $9.80B.
With the price target of $23, Leerink Partners recently initiated with Market Perform rating for Walgreens Boots Alliance Inc (NASDAQ: WBA). , while ‘Barclays’ rates the stock as ‘Underweight’
In other news, Walgreens Boots Alliance, Inc., 10% Owner sold 11,619,998 shares of the company’s stock on Sep 11 ’24. The stock was sold for $129,330,578 at an average price of $11.13. Upon completion of the transaction, the 10% Owner now directly owns 23,239,996 shares in the company, valued at $263.54 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 01 ’24, 10% Owner Walgreens Boots Alliance, Inc. sold 4,438,171 shares of the business’s stock. A total of $1,067,646,416 was realized by selling the stock at an average price of $240.56. This leaves the insider owning 19,980,000 shares of the company worth $226.57 million. A total of 17.88% of the company’s stock is owned by insiders.
During the past 12 months, Walgreens Boots Alliance Inc has had a low of $8.08 and a high of $23.76. As of last week, the company has a debt-to-equity ratio of 3.09, a current ratio of 0.64, and a quick ratio of 0.30. The fifty day moving average price for WBA is $9.7666 and a two-hundred day moving average price translates $11.8734 for the stock.
The latest earnings results from Walgreens Boots Alliance Inc (NASDAQ: WBA) was released for 2024-08-31. The net profit margin was -5.87% and return on equity was -60.05% for WBA. The company reported revenue of $37.55 billion for the quarter, compared to $35.42 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 6.0 percent. For the current quarter, analysts expect WBA to generate $37.9B in revenue.
