Published: Mon, October 09, 2017
Money | By Armando Alvarado

Is Walgreens Boots Alliance, Inc. (NASDAQ:WBA) A Safe Bet For Investors?


The stock of Walgreens Boots Alliance Inc (NASDAQ:WBA) earned "Outperform" rating by Wells Fargo on Monday, October 31. Share performance for the month is now at -5.88%. Zacks Investment Research's earnings per share averages are an average based on a survey of research firms that follow Walgreens Boots Alliance. Bridges Investment Management Inc expanded its ownership by buying 260 shares an increase of 12.4%. Loop Capital started coverage on Walgreens Boots Alliance in a research note on Thursday, August 24th. Now the stock price is moving -29.22% off from the highest level of twelve months and 6.31% above from twelve months low. (NASDAQ:WBA) reported its EPS in the last quarter as $1.33/Share beating the analyst estimate of $1.3/Share by a difference of $0.03.

Just yesterday Walgreen Boots Alliance (NDAQ:WBA) traded -1.90% lower at $73.41.

08/23/2017 - Walgreens Boots Alliance, Inc. had its "buy" rating reiterated by analysts at UBS. Needham maintained it with "Buy" rating and $94.0 target in Friday, September 8 report. Sigma Planning Corp's holdings in Walgreens Boots Alliance were worth $978,000 at the end of the most recent quarter. The total value of its holdings decreased 10.8%. Following the sale, the director now directly owns 19,151 shares in the company, valued at $1,528,058.29. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

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Several large investors have recently modified their holdings of the company. The company's price to sales ratio for trailing twelve months is 0.05 and price to book ratio for most recent quarter is 0.61, whereas price to cash per share for the most recent quarter is 1.07. Finally, Mondrian Investment Partners LTD raised its position in shares of Walgreens Boots Alliance by 11.3% during the second quarter. The Stock has YTD (year to date) performance of -7.02 percent. Its last month's stock price volatility remained 3.97% which for the week stands at 3.91%. CT lifted its position in Walgreens Boots Alliance by 10.2% in the second quarter. If a security's beta is equal to 1, the security's price moves in time step with the market.

Looking into last 5 trades, the stock observed a return of nearly 20.46%. Institutional owners hold 62.10% stake in the company, while Insiders ownership held at 13.60%. This is strictly focusing on price and technical - that means we focus on real-time stock price movement and then position it relative to the simple moving averages. The firm has a 50 day moving average of $80.34 and a 200 day moving average of $81.26. Walgreens Boots Alliance Inc's Wall Street analysts see -8.27 % negative EPS growth, taking into account the $1.33 EPS reproted in the previous quarter, The stock decreased 4.87% or $3.75 on October 6, reaching $73.2. The stock has a market capitalization of $78.33 billion, a price-to-earnings ratio of 18.48 and a beta of 1.25.

In other Walgreens Boots Alliance news, Director William C. Foote sold 2,736 shares of Walgreens Boots Alliance stock in a transaction that occurred on Tuesday, July 25th. This repurchase authorization authorizes the pharmacy operator to repurchase up to 5.9% of its stock through open market purchases. Important factors to focus when evaluating a stock's present and future value are the 52 week price high and low levels. Stockholders of record on Friday, August 18th were given a $0.40 dividend. Walgreens Boots Alliance's payout ratio is now 40.30%. This represents a $1.60 annualized dividend and a dividend yield of 2.11%. The ex-dividend date was Wednesday the 16th of August 2017. Walgreens Boots Alliance, Inc. If you are viewing this story on another domain, it was illegally copied and republished in violation of United States and worldwide copyright & trademark law. Sowell Financial Services LLC grew its holdings in shares of Walgreens Boots Alliance by 0.6% during the first quarter. 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. The company has market cap of $227.31 million.

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