In Monday’s Wall Street session, Walgreens Boots Alliance Inc (NASDAQ:WBA) shares traded at $10.82, up 6.50% from the previous session.
WBA stock price is now 4.08% away from the 50-day moving average and -2.72% away from the 200-day moving average. The market capitalization of the company currently stands at $9.35B.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
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., 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 $121.62 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 $136.01 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 $22.05. 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.
