Walgreens Boots Alliance Stock Today

WBA Stock  USD 21.69  0.67  3.19%   

Performance

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Odds Of Distress

Less than 31

 
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Walgreens Boots is trading at 21.69 as of the 29th of March 2024, a 3.19 percent increase since the beginning of the trading day. The stock's open price was 21.02. Walgreens Boots has about a 31 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Walgreens Boots Alliance are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of April 2022 and ending today, the 29th of March 2024. Click here to learn more.
Business Domain
Consumer Staples Distribution & Retail
IPO Date
1st of July 1985
Category
Healthcare
Classification
Consumer Staples
Walgreens Boots Alliance, Inc. operates as an integrated healthcare, pharmacy, and retailer in the United States , the United Kingdom, Germany, and internationally. Walgreens Boots Alliance, Inc. was founded in 1901 and is based in Deerfield, Illinois. The company has 862.38 M outstanding shares of which 31.16 M shares are at this time shorted by investors with about 2.79 days to cover. More on Walgreens Boots Alliance

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Walgreens Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Walgreens Boots' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Walgreens Boots or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Walgreens Boots' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Walgreens Boots' managers, analysts, and investors.
Environment Score
Governance Score
Social Score
CEO DirectorTimothy Wentworth
Old NameWebster Limited
Business ConcentrationConsumer Staples Distribution & Retail, Consumer Staples, SP 500 Index, Nasdaq 100, NYSE US 100, NASDAQ 100 Pre, NASDAQ Composite, NASDAQ Composite Total, Consumer Staples, Consumer Staples Distribution & Retail, Pharmaceutical Retailers, Healthcare (View all Sectors)
Average Analyst Recommendation
Analysts covering Walgreens Boots report their recommendations after researching Walgreens Boots' financial statements, talking to executives and customers, or listening in on Walgreens Boots' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Walgreens Boots Alliance. The Walgreens consensus assessment is calculated by taking the average forecast from all of the analysts covering Walgreens Boots.
Walgreens Boots' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Walgreens Boots' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Walgreens Boots' bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Walgreens Boots' outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Walgreens Boots' financial leverage. It provides some insight into what part of Walgreens Boots' total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Walgreens Boots' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Walgreens Boots deploys its capital and how much of that capital is borrowed.
Liquidity
Walgreens Boots cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 33.53 B in debt with debt to equity (D/E) ratio of 1.2, which is OK given its current industry classification. Walgreens Boots Alliance has a current ratio of 0.74, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Walgreens Boots until it has trouble settling it off, either with new capital or with free cash flow. So, Walgreens Boots' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Walgreens Boots Alliance sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Walgreens to invest in growth at high rates of return. When we think about Walgreens Boots' use of debt, we should always consider it together with cash and equity.

Sale Purchase Of Stock

(141.75 Million)
Walgreens Boots Alliance (WBA) is traded on NASDAQ Exchange in USA. It is located in 108 Wilmot Road, Deerfield, IL, United States, 60015 and employs 330,000 people. Walgreens Boots is listed under Consumer Staples Distribution & Retail category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 18.78 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Walgreens Boots's market, we take the total number of its shares issued and multiply it by Walgreens Boots's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Walgreens Boots Alliance runs under Consumer Staples Distribution & Retail sector within Consumer Staples industry. The entity has 862.38 M outstanding shares of which 31.16 M shares are at this time shorted by investors with about 2.79 days to cover. Walgreens Boots Alliance has about 2.48 B in cash with 2.26 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.87.
Check Walgreens Boots Probability Of Bankruptcy
Ownership Allocation
Walgreens Boots Alliance retains a total of 862.38 Million outstanding shares. Over half of Walgreens Boots' outstanding shares are owned by institutional investors. These institutional investors are typically referred to as corporate investors that purchase positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Walgreens Boots Alliance. Please watch out for any change in the institutional holdings of Walgreens Boots Alliance as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company shows, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Walgreens Ownership Details

Walgreens Stock Price Odds Analysis

What are Walgreens Boots' target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Walgreens Boots jumping above the current price in 90 days from now is about 66.34%. The Walgreens Boots Alliance probability density function shows the probability of Walgreens Boots stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.9498. This entails as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Walgreens Boots will likely underperform. Additionally, walgreens Boots Alliance has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 21.69HorizonTargetOdds Above 21.69
33.50%90 days
 21.69 
66.34%
Based on a normal probability distribution, the odds of Walgreens Boots to move above the current price in 90 days from now is about 66.34 (This Walgreens Boots Alliance probability density function shows the probability of Walgreens Stock to fall within a particular range of prices over 90 days) .

Walgreens Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Walgreens Boots that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Walgreens Boots' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Walgreens Boots' value.
InstituionRecorded OnShares
Charles Schwab Investment Management Inc2023-09-30
5.9 M
Ubs Asset Mgmt Americas Inc2023-12-31
5.6 M
Camber Capital Management Llc2023-09-30
5.2 M
Lsv Asset Management2023-12-31
4.5 M
Ubs Group Ag2023-09-30
4.4 M
Allianz Asset Management Ag2023-12-31
3.9 M
Goldman Sachs Group Inc2023-09-30
3.4 M
Dimensional Fund Advisors, Inc.2023-12-31
3.3 M
Jpmorgan Chase & Co2023-09-30
3.3 M
Vanguard Group Inc2023-09-30
86.7 M
Blackrock Inc2023-12-31
65.9 M
View Walgreens Boots Diagnostics

Walgreens Boots Historical Income Statement

Walgreens Boots Alliance Income Statement is one of the three primary financial statements used for reporting Walgreens's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Walgreens Boots Alliance revenue and expense. Walgreens Boots Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Walgreens Boots' Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 700.4 M, whereas Operating Income is projected to grow to (7.5 B). View More Fundamentals

Walgreens Stock Against Markets

Picking the right benchmark for Walgreens Boots stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Walgreens Boots stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Walgreens Boots is critical whether you are bullish or bearish towards Walgreens Boots Alliance at a given time. Please also check how Walgreens Boots' historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Walgreens Boots without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Walgreens Boots Corporate Directors

Walgreens Boots corporate directors refer to members of a Walgreens Boots board of directors. The board of directors generally takes responsibility for the Walgreens Boots' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Walgreens Boots' board members must vote for the resolution. The Walgreens Boots board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
David BrailerIndependent DirectorProfile
Leonard SchaefferIndependent DirectorProfile
Nancy SchlichtingIndependent DirectorProfile
Dominic MurphyDirectorProfile

How to buy Walgreens Stock?

Before investing in Walgreens Boots, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Walgreens Boots. To buy Walgreens Boots stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Walgreens Boots. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Walgreens Boots stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Walgreens Boots Alliance stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Walgreens Boots Alliance stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Walgreens Boots Alliance, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Walgreens Stock please use our How to Invest in Walgreens Boots guide.

Already Invested in Walgreens Boots Alliance?

The danger of trading Walgreens Boots Alliance is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Walgreens Boots is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Walgreens Boots. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Walgreens Boots Alliance is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Walgreens Boots Alliance offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Walgreens Boots' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Walgreens Boots Alliance Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Walgreens Boots Alliance Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Walgreens Boots Alliance. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Note that the Walgreens Boots Alliance information on this page should be used as a complementary analysis to other Walgreens Boots' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

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When running Walgreens Boots' price analysis, check to measure Walgreens Boots' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Walgreens Boots is operating at the current time. Most of Walgreens Boots' value examination focuses on studying past and present price action to predict the probability of Walgreens Boots' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Walgreens Boots' price. Additionally, you may evaluate how the addition of Walgreens Boots to your portfolios can decrease your overall portfolio volatility.
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Is Walgreens Boots' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Walgreens Boots. If investors know Walgreens will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Walgreens Boots listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.59)
Dividend Share
1.92
Earnings Share
0.66
Revenue Per Share
165.003
Quarterly Revenue Growth
0.1
The market value of Walgreens Boots Alliance is measured differently than its book value, which is the value of Walgreens that is recorded on the company's balance sheet. Investors also form their own opinion of Walgreens Boots' value that differs from its market value or its book value, called intrinsic value, which is Walgreens Boots' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Walgreens Boots' market value can be influenced by many factors that don't directly affect Walgreens Boots' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Walgreens Boots' value and its price as these two are different measures arrived at by different means. Investors typically determine if Walgreens Boots is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Walgreens Boots' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.