$1.43 EPS Expected for Walgreens Boots Alliance, Inc. (WBA) on January, 3

Faith Castro
December 22, 2018

Also, Director William C. Foote sold 2,736 shares of Walgreens Boots Alliance stock in a transaction on Thursday, November 1st. Corporate insiders own 15.73% of the company's stock.

Walgreens and Verily, Alphabet's life sciences unit, will team up to improve health outcomes and lower the cost of care, particularly for patients with chronic conditions. Capital World Investors boosted its stake in Walgreens Boots Alliance by 18.2% during the 3rd quarter. Kaizen Advisory LLC now owns 1,925 shares of the pharmacy operator's stock valued at $116,000 after acquiring an additional 1,083 shares during the period. Bank of New York Mellon Corp lifted its holdings in shares of Walgreens Boots Alliance by 71,970.7% in the 3rd quarter. Analysts pass on shares a rating of 1 or 2 would be signifying a Buy. E&G Advisors LP now owns 6,100 shares of the pharmacy operator's stock worth $366,000 after purchasing an additional 1,500 shares during the period.

WBA has been the subject of several recent analyst reports. Zacks Investment Research upgraded shares of Walgreens Boots Alliance from a "hold" rating to a "buy" rating and set a $81.00 target price for the company in a research note on Tuesday, September 25th. On Friday, October 12 the stock has "Neutral" rating by Citigroup. The stock has "Hold" rating by Jefferies on Friday, June 29. Barclays Capital has "Equal-Weight" rating and $80 target.

The stock's 9-day MACD is -4.19 and this negative figure indicates a downward trading trend. The price-to-sales ratio is a symbol of the value placed on each dollar of a company's sales or taxes. About 172,578 shares traded. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Walgreens joined the Dow Jones industrial average earlier this year, and its stock price is down 4 per cent since the beginning of the year. The disclosure for this sale can be found here. Meanwhile, the company keep the average true range (ATR) indicator of around about 2.39that is expressing range of a day's stock trading is high-low.

Partnering with Walgreens may allow Verily to skirt poor consumer trust as a barrier to success.Only 7% of consumers ranked Google as the tech company they trust most with their health data, according to Business Insider Intelligence's 2018 IGNITION Survey. There are 6569.3K shares which are traded as an average over the last three months period. For example, a company with 40 million shares selling at $100 a share would have a market cap of $4 billion. The announcement sent shares lower.

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The company has a beta of 0.76.

Walgreens Boots Alliance (WBA) stock price plunged -5.02% with the closing value of $69.61 during Thursday trading session. The firm had revenue of $33.44 billion for the quarter, compared to the consensus estimate of $33.64 billion. A high ROE show successful earning more assets and value for company shareholders to their reinvested earnings. Pharmacy sales, which accounted for 74.4% of the division's sales in the quarter, rose 17.5% over the year-ago quarter, primarily due to higher prescription volumes from the acquisition of Rite Aid stores and from central specialty. Last year's EPS was $1.28, while now analysts expect change of 11.72 % up from current $1.43 EPS.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 12th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 2.47%. The ex-dividend date was Thursday, November 8th. If you are accessing this story on another domain, it was stolen and reposted in violation of United States and worldwide trademark & copyright laws.

The company said its pharmaceutical wholesale division and retail businesses in Chile and Mexico were part of its cost-saving plan, which is expected to result in significant restructuring and other special charges. The Retail Pharmacy USA segment sells prescription drugs and an assortment of general merchandise, including non-prescription drugs, beauty products, photo finishing, seasonal merchandise, greeting cards, and convenience foods through its retail drugstores and convenient care clinics.

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