The stock of Walgreens Boots Alliance Inc (NASDAQ:WBA) last traded at $15.92, down -1.85% from the previous session.
WBA stock price is now -11.65% away from the 50-day moving average and -25.80% away from the 200-day moving average. The market capitalization of the company currently stands at $13.73B.
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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 1,859,390 shares of the company’s stock on May 22 ’24. The stock was sold for $400,000,158 at an average price of $215.12. Upon completion of the transaction, the 10% Owner now directly owns 24,418,171 shares in the company, valued at $388.74 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 11 ’24, Director Bhandari Inderpal S bought 3,000 shares of the business’s stock. A total of $54,150 was incurred on buying the stock at an average price of $18.05. This leaves the insider owning 3,000 shares of the company worth $47760.0. A total of 17.50% of the company’s stock is owned by insiders.
During the past 12 months, Walgreens Boots Alliance Inc has had a low of $14.62 and a high of $32.89. As of last week, the company has a debt-to-equity ratio of 2.57, a current ratio of 0.66, and a quick ratio of 0.32. The fifty day moving average price for WBA is $17.9212 and a two-hundred day moving average price translates $21.3943 for the stock.
The latest earnings results from Walgreens Boots Alliance Inc (NASDAQ: WBA) was released for 2024-02-29. The net profit margin was -4.18% and return on equity was -34.82% for WBA. The company reported revenue of $37.05 billion for the quarter, compared to $34.86 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 6.28 percent.
