WBA stock: buy or sell?
October 18th, 2019
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.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
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.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-8-23||Morgan Stanley||n/a||Equal Weight|
|2019-6-3||Bank of America||n/a||Underperform|
|2019-6-28||JPMorgan Chase & Co.||n/a||Overweight|
|2019-4-3||Wells Fargo & Co||n/a||Outperform|
|2019-4-3||Morgan Stanley||Equal Weight||Equal Weight|
|2019-3-8||Bank of America||Underperform||Underperform|
|2019-3-5||Morgan Stanley||Equal Weight||Equal Weight|
WBA stock analysis
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%).
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 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 $60.60Nobody 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:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-8-23||Morgan Stanley||Lowers Target||$61.00||$58.00||-4.9%|
|2019-6-3||Bank of America||Lowers Target||$53.00||$51.00||-3.8%|
|2019-6-28||JPMorgan Chase & Co.||Lowers Target||$74.00||$73.00||-1.4%|
|2019-4-3||Wells Fargo & Co||Reiterates||$75.00||$65.00||-13.3%|
|2019-4-3||UBS Group||Lowers Target||$60.00||$49.00||-18.3%|
|2019-4-3||SunTrust Banks||Raises Target||n/a||$58.00||-|
|2019-4-3||Pivotal Research||Lowers Target||$70.00||$60.00||-14.3%|
|2019-4-3||Morgan Stanley||Lowers Target||$67.00||$61.00||-9%|
|2019-3-8||Bank of America||Reiterates||$69.00||$62.00||-10.1%|
|2019-3-5||Morgan Stanley||Lowers Target||$77.00||$67.00||-13%|
|2019-3-4||UBS Group||Lowers Target||$70.00||$65.00||-7.1%|
Financials and fundamental analysis
Earnings date and Earnings per ShareWalgreens 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.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 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%
|2013||$72,220 M||-||$2,450 M3.4%||-|
|2014||$76,390 M||5.77%||$1,930 M2.5%||-21.22%|
|2015||$103,444 M||35.42%||$4,220 M4.1%||118.65%|
|2016||$117,351 M||13.44%||$4,173 M3.6%||-1.11%|
|2017||$118,214 M||0.74%||$4,078 M3.4%||-2.28%|
|2018||$131,537 M||11.27%||$5,024 M3.8%||23.20%|
|TTM||$136,097 M||3.47%||$5,133 M3.8%||2.17%|
Quarterly financial resultsWalgreens 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.
|2017-Q2||$30,120 M||-||$1,160 M3.9%||-|
|2017-Q3||$30,150 M||0.10%||$802 M2.7%||-30.86%|
|2017-Q4||$30,740 M||1.96%||$821 M2.7%||2.37%|
|2018-Q1||$33,021 M||7.42%||$1,349 M4.1%||64.31%|
|2018-Q2||$34,334 M||3.98%||$1,342 M3.9%||-0.52%|
|2018-Q3||$33,442 M||-2.60%||$1,512 M4.5%||12.67%|
|2018-Q4||$33,793 M||1.05%||$1,123 M3.3%||-25.73%|
|2019-Q1||$34,528 M||2.18%||$1,156 M3.3%||2.94%|
Walgreens Boots Alliance ownershipWhen 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:
|Market cap||$49.9 B||$86.0 B||$392.1 M||$156.6 M|
|Total shares||903.1 M||1,300.0 M||20.2 M||24.1 M|
|Float shares||753.6 M||1,300.0 M||17.2 M||15.2 M|
|- Institutional holdings (%)||66.4%||83.8%||104.8%||104.7%|
|- Insider holdings (%)||16.1%||0.2%||3.8%||3.6%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%|
|Friday, October 18th, 2019|
|Day range||$55.27 - $56.17|
|Average true range||$1.17|
|50d mov avg||$52.99|
|100d mov avg||$53.02|
|200d mov avg||$57.08|
Walgreens Boots Alliance performancePerformance 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.
|WBAWalgreens Boots A...||2.50%||3.02%||-26.40%|
Walgreens Boots Alliance competitorsOne 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
- Seeking AlphaWalgreens Boots Alliance: Good Entry Point Close To 5 Year LowMarch 8, 2019
- InvestorPlaceWalgreens Boots Alliance (WBA) Stock Is Too Cheap to Be IgnoredJanuary 2, 2019
- Seeking AlphaWalgreens Boots Alliance: Why I Bought This StockNovember 8, 2018
- InvestorPlace3 Stock Charts for Monday: Cisco Systems, Fortive and Walgreens Boots AllianceOctober 29, 2018
- InvestorPlace3 Big Stock Charts for Tuesday: Nvidia, PPL and Walgreens Boots AllianceOctober 16, 2018