WBA stock: buy or sell?

WBA stock price: $55.30 -1.14% At close on October 18th, 2019

Updated on:
October 18th, 2019

2

Walgreens Boots Alliance shares slightly fell -1.14% to $55.30 on Oct/18.

Walgreens Boots Alliance, Inc. operates as a pharmacy-led health and wellbeing company. It operates through three segments: Retail Pharmacy USA, Retail Pharmacy International, and Pharmaceutical Wholesale.

Should I buy WBA stock?

Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. That's why is so important to define your own trading plan that matches with your character as inversor. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

Currently, Walgreens Boots Alliance stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean WBA will fall in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is Walgreens Boots Alliance stock a buy?

Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness. At Stocks2.com, we collected 15 ratings published for WBA stock in the last 30 days.

The general sentiment of these ratings is bearish for WBA stock, with 5 negative ratings.
Is WBA a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-9-12Deutsche Bankn/aSell
2019-8-23Morgan Stanleyn/aEqual Weight
2019-6-3Bank of American/aUnderperform
2019-6-28JPMorgan Chase & Co.n/aOverweight
2019-4-3Wells Fargo & Con/aOutperform
2019-4-3UBS GroupSellSell
2019-4-3SunTrust Banksn/aHold
2019-4-3Pivotal Researchn/aHold
2019-4-3Morgan StanleyEqual WeightEqual Weight
2019-4-3Loop CapitalBuyHold
2019-4-3CitigroupNeutralNeutral
2019-4-3Barclaysn/aEqual Weight
2019-3-8Bank of AmericaUnderperformUnderperform
2019-3-5Morgan StanleyEqual WeightEqual Weight
2019-3-4UBS GroupSellSell

WBA stock analysis

Daily outlook

Shares of Walgreens Boots Alliance ended on October 18th at $55.30 and slightly fell a bad -1.14%.

Shares of Walgreens Boots Alliance ended on Oct 18th at $55.30 and slightly fell a bad -1.14%. Since price and SMA100d lines crossed up on October 10th, WBA climbed $3.22 (6.18%).

WBA stock chart (daily)

Weekly outlook

Walgreens Boots Alliance closed this week at $55.30 and escalated a good 2.43%. Early September WBA rocketed an extraordinary 6.13% in just one week.

Price pattern shows an uptrend with two rising tops and bottoms, and now trading upwards to the $58.10 resistance.

WBA stock chart (weekly)

WBA stock price history

WBA stock went public on March 17th, 1980 with a price of $0.001. Since then, WBA stock surged a inf%, with an average of inf% per year. If you had invested right after WBA's IPO a $1,000 in WBA stock in 1980, it would worth $inf today.

1: Adjusted price after possible price splits or reverse-splits.

WBA stock historical price chart

WBA stock reached 52-week highs on December at $84.29, and all-time highs 2015-08-05 with a price of 88.6.

WBA stock price target is $60.60

Nobody can reliably foresee how stock prices may evolve in the future. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. You should not follow the analysts' WBA stock price predictions in the hope that they will be met as they may be wrong and not met. We have 14 price forecasts for WBA stock published in the last month:
WBA stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-8-23Morgan StanleyLowers Target$61.00$58.00-4.9%
2019-6-3Bank of AmericaLowers Target$53.00$51.00-3.8%
2019-6-28JPMorgan Chase & Co.Lowers Target$74.00$73.00-1.4%
2019-4-3Wells Fargo & CoReiterates$75.00$65.00-13.3%
2019-4-3UBS GroupLowers Target$60.00$49.00-18.3%
2019-4-3SunTrust BanksRaises Targetn/a$58.00-
2019-4-3Pivotal ResearchLowers Target$70.00$60.00-14.3%
2019-4-3Morgan StanleyLowers Target$67.00$61.00-9%
2019-4-3Loop CapitalDowngrades$77.00$60.00-22.1%
2019-4-3CitigroupLowers Target$76.00$60.00-21.1%
2019-4-3BarclaysLowers Target$78.00$60.00-23.1%
2019-3-8Bank of AmericaReiterates$69.00$62.00-10.1%
2019-3-5Morgan StanleyLowers Target$77.00$67.00-13%
2019-3-4UBS GroupLowers Target$70.00$65.00-7.1%
(in average)$69.80$60.60-13.0%
The price prediction for Walgreens Boots Alliance stock is $60.60, moving in a range between $73.00 and $49.00. In average, analysts' outlook on WBA price target is negative, reducing the forecast by a -13.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

Walgreens Boots Alliance let down experts on April when it reported an Earnings per Share (EPS) of $1.64 when the analysts' forecast was $1.70.
WBA earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/an/an/a
2017-Q3-n/an/an/a
2017-Q4-n/an/an/a
2018-Q12018-03-281.551.7311.6%
2018-Q22018-06-281.471.534.1%
2018-Q32018-10-111.441.482.8%
2018-Q42018-12-201.431.462.1%
2019-Q12019-04-021.71.64-3.5%
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

In 2018, Walgreens Boots Alliance annual revenues boosted a great 11.27% to $131,537.00 million USD from $118,214.00 marked in 2017. Nevertheless, its profit margin (compared to revenues) remained stable to 3.82%, that is $5,024.00 million.

To have an up to date picture of the financial situation of Walgreens Boots Alliance, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2019-Q1 that can be compared to 2018 fiscal year results. Annual Walgreens Boots Alliance TTM sales up to February 2019 were $136,097.00 and earnings were $5,133.00 million dollars. When comparing this TTM figures with the last reported annuality, we can esteem Walgreens Boots Alliance business evolution since August 2018: Annual turnover up to February, compared to lastest yearly report, inched a good 3.47%. Regarding profit margin, Walgreens Boots Alliance stayed stable -0.05% to 3.82%

WBA annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$72,220 M-$2,450 M3.4%-
2014$76,390 M5.77%$1,930 M2.5%-21.22%
2015$103,444 M35.42%$4,220 M4.1%118.65%
2016$117,351 M13.44%$4,173 M3.6%-1.11%
2017$118,214 M0.74%$4,078 M3.4%-2.28%
2018$131,537 M11.27%$5,024 M3.8%23.20%
TTM $136,097 M3.47%$5,133 M3.8%2.17%

Quarterly financial results

Walgreens Boots Alliance posted $34,528.00 M in sales for 2019-Q1, a 2.18% up compared to previous quarter. Reported quarter income marked $1,156.00 M with a profit margin of 3.35%. Profit margin stayed steady a 0.02% compared to previous quarter when profit margin was 3.32%. When comparing sales to same quarter last year, Walgreens Boots Alliance sales marked a nice gain and gained a 4.56%. Looking back to recent quarterly results, Walgreens Boots Alliance posted 2 positive quarters in a row.
WBA quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$30,120 M-$1,160 M3.9%-
2017-Q3$30,150 M0.10%$802 M2.7%-30.86%
2017-Q4$30,740 M1.96%$821 M2.7%2.37%
2018-Q1$33,021 M7.42%$1,349 M4.1%64.31%
2018-Q2$34,334 M3.98%$1,342 M3.9%-0.52%
2018-Q3$33,442 M-2.60%$1,512 M4.5%12.67%
2018-Q4$33,793 M1.05%$1,123 M3.3%-25.73%
2019-Q1$34,528 M2.18%$1,156 M3.3%2.94%

Walgreens Boots Alliance ownership

When you are planning to invest in shares of a company, it's worth to check its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Walgreens Boots Alliance, 16.14% of all outstanding shares are owned by its staff.

In case of Walgreens Boots Alliance stock, 66.44% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for WBA stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to Walgreens Boots Alliance:

WBACVSPETSVSI
Market cap$49.9 B$86.0 B$392.1 M$156.6 M
Total shares903.1 M1,300.0 M20.2 M24.1 M
Float shares753.6 M1,300.0 M17.2 M15.2 M
  - Institutional holdings (%)66.4%83.8%104.8%104.7%
  - Insider holdings (%)16.1%0.2%3.8%3.6%
Shares in short selling0.0%0.0%0.0%0.0%

WBA summary

Friday, October 18th, 2019
Open$56.02
Close$55.30
Day range$55.27 - $56.17
Previous close$55.94
Session gain-1.14%
Average true range$1.17
50d mov avg$52.99
100d mov avg$53.02
200d mov avg$57.08
Daily pattern
Weekly pattern lb02a

Walgreens Boots Alliance performance

Performance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. For Walgreens Boots Alliance, the comparison is made against CVS Health, PetMed Express and Vitamin Shoppe.
Stock3m6m12m
WBAWalgreens Boots A...2.50%3.02%-26.40%
CVSCVS Health19.34%28.04%-7.83%
PETSPetMed Express21.65%-10.29%-26.97%
VSIVitamin Shoppe50.00%-0.91%-28.30%

Walgreens Boots Alliance competitors

One check before investing in any stock is to review a list of its competitors, in this case for Walgreens Boots Alliance. We selected 3 companies as Walgreens Boots Alliance competitors as they are in the same industry or have similar market objectives.

Latest WBA stock news