Walgreens Boots Alliance Inc. (NASDAQ:WBA) shares traded higher over the last trading session, gaining 2.14% on 06/21/21. The shares fell to a low of $51.05 before closing at $51.93. Intraday shares traded counted 4.97 million, which was 5.15% higher than its 30-day average trading volume of 5.24M. WBA’s previous close was $50.84 while the outstanding shares total 864.20M. The firm has a beta of 0.46. The stock’s Relative Strength Index (RSI) is 41.17, with weekly volatility at 2.20% and ATR at 1.25. The WBA stock’s 52-week price range has touched low of $33.36 and a $57.05 high.
Investors have identified the Pharmaceutical Retailers company Walgreens Boots Alliance Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $46.63 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Walgreens Boots Alliance Inc. (WBA) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 26.08 billion total, with 31.25 billion as their total liabilities.
WBA were able to record 1.86 billion as free cash flow during the 11/02/2021 quarter of the year, this saw their quarterly net cash flow reduce by 566.0 million. In cash movements, the company had a total of 2.56 billion as operating cash flow.
Potential earnings growth for Walgreens Boots Alliance Inc. (WBA)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 11/02/2021 quarter of the year, Walgreens Boots Alliance Inc. recorded a total of 32.78 billion in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 4.4% coming in sequential stages and their sales for the 11/02/2021 quarter reducing by -10.76%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 26.0 billion trying to sell their products during the last quarter, with the result yielding a gross income of 6.78 billion. This allows shareholders to hold on to 864.20M with the recently reported earning now reading 1.19 cents per share. This is a figure that compared to analyst’s prediction for their 11/02/2021 (1.40 cents a share).
Having a look at the company’s valuation, the company is expected to record 5.19 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on WBA sounds very interesting.
Is the stock of WBA attractive?
In related news, EVP, Global CAO and GC, Pagni Marco Patrick Anthony sold 5,000 shares of the company’s stock in a transaction that recorded on Nov 11. The sale was performed at an average price of 41.55, for a total value of 207,725. In the last 6 months, insiders have changed their ownership in shares of company stock by 17.26%.
1 out of 21 analysts covering the stock have rated it a Buy, while 17 have maintained a Hold recommendation on Walgreens Boots Alliance Inc.. 1 analysts has assigned a Sell rating on the WBA stock. The 12-month mean consensus price target for the company’s shares has been set at $55.82.