Sales hike for Boots owner

Sales hike for Boots owner

For the quarter ending Feb-18, 18 analysts have a mean sales target of 32,214.10 million whilst for the year ending Aug-18, 21 analysts have a mean target of 129,885.00 million. The stock ended last trade at 71.60 a share and the price is up more than -1.40% so far this year. Guardian Life Insurance Co. of America now owns 3,301 shares of the pharmacy operator's stock worth $274,000 after purchasing an additional 22 shares in the last quarter.

After a recent check, Walgreens Boots Alliance's 14-day RSI is now at 65.37, the 7-day stands at 74.92, and the 3-day is sitting at 88.09. Zions Bancorporation lifted its holdings in Walgreens Boots Alliance by 983.3% during the 3rd quarter.

Investors may also want to take a longer-term look at company shares. Wellington Management Group LLP increased its holdings in Walgreens Boots Alliance by 5.9% in the 1st quarter. Following the completion of the transaction, the director now directly owns 16,415 shares in the company, valued at $1,105,878.55. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. (NASDAQ:WBA)'s Buy count is 2 and Strong Buy is 8 while the number of analysts recommending Sell and Strong Sell are 0 and 6, respectively.

The company has a debt-to-equity ratio of 0.45, a current ratio of 1.07 and a quick ratio of 0.59. The disclosure for this purchase can be found here.

Shares of Walgreens Boots Alliance Inc (WBA) traded up $0.56 on Wednesday, hitting $75.51. Noting its average daily volume at 6.08 million shares each day over the month, this signifies a pretty significant change over the norm. The company maintains price to book ratio of 2.81 industry average at 2.93. In the past 13-year record, this ratio went down as low as 0.41 and as high as 1.32. The stock was trading at a distance of -14.77% from its 52-week highs and stands 17.52% away from its 52-week lows.

Walgreens Boots Alliance (NASDAQ:WBA) last announced its earnings results on Thursday, January 4th. The pharmacy operator reported $1.31 EPS for the quarter, beating the consensus estimate of $1.21 by $0.10.

At the same time, Walgreens' net sales increased 7.9 percent to $30.7 billion. On a Monthly basis the stock is 5.68%. Expected 26.00% growth in earnings next year and P/E ratio of 19.88x give Walgreens Boots Alliance a quite high PEG ratio of 2.49x.

Walgreens Boots Alliance announced that its board has initiated a share repurchase program on Wednesday, October 25th that allows the company to buyback $1.00 billion in shares. The stock stands almost -18.64% off versus the 52-week high and 12.19% away from the 52-week low. The ex-dividend date was Friday, November 10th. This represents a $1.50 annualized dividend and a dividend yield of 1.75%. Walgreens Boots Alliance's payout ratio is 44.20%. Vetr upgraded shares of Walgreens Boots Alliance from a "buy" rating to a "strong-buy" rating in a research report on Tuesday, December 12th. Finally, BidaskClub cut shares of Walgreens Boots Alliance from a "hold" rating to a "sell" rating in a research report on Tuesday, September 12th. They noted that the move was a valuation call. Finally, Zacks Investment Research raised shares of Walgreens Boots Alliance from a "sell" rating to a "hold" rating in a research note on Thursday, October 5th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the company. Walgreens Boots Alliance has an average rating of "Buy" and a consensus price target of $86.60.

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Walgreens Boots Alliance, Inc (Walgreens Boots Alliance) is a holding company.