The price of Walgreens Boots Alliance Inc (NASDAQ:WBA) shares last traded on Wall Street rose 14.02% to $11.06.
WBA stock price is now 7.98% away from the 50-day moving average and -1.78% away from the 200-day moving average. The market capitalization of the company currently stands at $9.56B.
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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 1,286,376 shares of the company’s stock on Feb 06 ’25. The stock was sold for $314,531,796 at an average price of $244.51. Upon completion of the transaction, the 10% Owner now directly owns 12,570,000 shares in the company, valued at $139.02 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 06 ’25, Affiliate Walgreens Boots Alliance Holdi bought 1,081,885 shares of the business’s stock. A total of $266,284,355 was incurred on buying the stock at an average price of $246.13. A total of 17.93% 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 $22.47. 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 net profit margin was -5.87% and return on equity was -60.05% for WBA. The company reported revenue of $39.46 billion for the quarter, compared to $36.71 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 7.5 percent. For the current quarter, analysts expect WBA to generate $37.9B in revenue.
