Stocks of Walgreens Boots Alliance Inc (NASDAQ:WBA) traded higher last session on Wall Street, up 0.83% to $10.89.
WBA stock price is now 0.85% away from the 50-day moving average and 7.10% away from the 200-day moving average. The market capitalization of the company currently stands at $9.42B.
With the price target reduced from $11 to $9, Deutsche Bank Downgraded its rating from Hold to Sell for Walgreens Boots Alliance Inc (NASDAQ: WBA). On February 26, 2024, Leerink Partners recently initiated its ‘Market Perform’ rating on the stock quoting a target price of $23, while ‘HSBC Securities’ rates the stock as ‘Reduce’
In other news, Walgreens Boots Alliance, Inc., Former 10% owner sold 12,000,000 shares of the company’s stock on Feb 18 ’25. The stock was sold for $253,920,000 at an average price of $21.16. Upon completion of the transaction, the Former 10% owner now directly owns 11,239,996 shares in the company, valued at $122.4 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 06 ’25, 10% Owner Walgreens Boots Alliance, Inc. sold 1,286,376 shares of the business’s stock. A total of $314,531,796 was realized by selling the stock at an average price of $244.51. This leaves the insider owning 12,570,000 shares of the company worth $136.89 million. A total of 17.72% 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 $18.83. As of last week, the company has a debt-to-equity ratio of 4.38, a current ratio of 0.61, and a quick ratio of 0.32. The fifty day moving average price for WBA is $10.7978 and a two-hundred day moving average price translates $10.1678 for the stock.
The latest earnings results from Walgreens Boots Alliance Inc (NASDAQ: WBA) was released for 2025-02-28. The net profit margin was -3.80% and return on equity was -56.13% for WBA. The company reported revenue of $38.59 billion for the quarter, compared to $37.05 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 4.15 percent.
