Walgreens Boots Alliance (NASDAQ:WBA) shares traded -0.29% down during most recent session to reach at the closing price of $85.25. The stock exchanged hands 3.27 Million shares versus average trading capacity of 3.56 Million shares, yielding a market cap of $92.15 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $93.52 within the next 52-weeks. The mean target projections are based on 21 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Walgreens Boots Alliance (NASDAQ:WBA) high price target of $100 and with a conservative view have low price target of $79.
Pivotal Research “Initiates Coverage On” Walgreens Boots Alliance (NASDAQ:WBA) in a research note issued to investors on 4/04/17 to Hold with price target of $85.
Additionally on 10/31/16 Wells Fargo “Initiates Coverage On” Walgreens Boots Alliance (NASDAQ:WBA) to Outperform setting price target and on 10/17/16 Jefferies “Upgrades” the stock to Buy. Furthermore on 10/06/16 UBS “Initiates Coverage on” the stock to Buy.
On the other hand the company has Relative Strength Index (RSI 14) of 50.67 along with Average True Range (ATR 14) of 0.98, Consequently Walgreens Boots Alliance (NASDAQ:WBA)’s weekly and monthly volatility is 0.78%, 1.14% respectively. The company’s beta value is at 1.21.
In terms of Buy, Sell or Hold recommendations, Walgreens Boots Alliance (NASDAQ:WBA) has analysts’ mean recommendation of 2. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
Analysts who have weighed in on projected earnings growth are expecting that Walgreens Boots Alliance (NASDAQ:WBA) will report earnings of $1.31 for the current quarter on or around 7/5/17, however the company’s high EPS estimates are $1.35 and low estimates are $1.22. However the company reported $1.18 earnings per share for the same quarter during last year.
While considering growth estimates of the company, it has next quarter growth estimates of 13.1% whereas during current quarter it has 11% estimations over growth, comparing to the estimations of 8.5% during current year and 10.4% for next year. Past 5 years growth of Walgreens Boots Alliance (NASDAQ:WBA) observed at 14.76%, looking forward for the next 5 years it has a strong prediction of 13.7% over growth.
Walgreens Boots Alliance (NASDAQ:WBA)’s revenue estimates for the current quarter are $29.65 Billion according to 18 number of analysts, for the current quarter the company has high revenue estimates of $30.66 Billion in contradiction of low revenue estimates of $29.02 Billion. For the current year the company’s revenue estimates are $117.6 Billion compared to low analyst estimates of $115.14 Billion and high estimates of $122.8 Billion according to 21 number of analysts.
Currently Walgreens Boots Alliance (NASDAQ:WBA)’s shares owned by insiders are 0.2%, whereas shares owned by institutional owners are 63.2%. However the six-month change in the insider ownership was recorded 0.65%, as well as three-month change in the institutional ownership was recorded 0.68%.
Walgreens Boots Alliance (NASDAQ:WBA) 52-week high price stands89.69 and low price stands74.71, its price distance from 52-week high is -4.95% while its distance from 52-week low price is 14.1%. The stock hit its 52-week high on 02/21/17, and 52-week low on 05/19/16. The company’s trailing twelve month income is 4.25 Billion dollars and is paying 1.76% dividend yield annually.
Walgreens Boots Alliance (NASDAQ:WBA)’s trailing twelve month revenues are $116.08 Billion, whereas its price to sales ratio for the same period is 0.8. Its book value per share for the most recent quarter is $27.85 while its price to book ratio for the same period is 3.06, as for as the company’s cash per share for the most recent quarter is $10.9, however its price to cash per share ratio for the same period is 7.82. The stock has 5 year expected PEG ratio of 1.59 whereas its trailing twelve month P/E ratio is 21.84.