The Latest Correction Seems To Be Justified? Walgreens Boots Alliance, Inc. (WBA)

Pagni Marco Patrick Anthony, EVP, Global CAO and GC, subtracted 123,496 shares of Walgreens Boots Alliance, Inc. (WBA) from its portfolio at the rate of $50.06 per share valuing $6,182,210 on Aug 15. The insider left behind 234,355 shares of the company to its portfolio. Currently, the 1st Resistance Point for this stock is $56.64, with a 2nd Resistance Point sitting at $57.70. Meanwhile, this company’s stock has a 1st Support Level at $53.59 and a 2nd Support Level at $51.60. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Walgreens Boots Alliance, Inc. (WBA) was $55.59. Walgreens Boots Alliance, Inc. (WBA) stock has gained $4.40, or 8.60%, in the past five days. In the last full month, these shares have gained $2.80, or 5.30%. In the past three months, this stock’s price has risen by $3.62, or 6.97%. This year-to-date, Walgreens Boots Alliance, Inc. (WBA) shares have lost -$12.74, or -18.64%.

Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For Walgreens Boots Alliance, Inc. (WBA) stock, 50% of short-term indicators suggest that these shares are a “ Hold .” Meanwhile, Hold % of medium-term indicators point to this stock being a “.” Looking further ahead, 50% of long-term indicators suggest that this stock is a “ Sell .”

With 903,143 K shares outstanding, this company currently has a market capitalization of $47,469,196K. Walgreens Boots Alliance, Inc. (WBA) generates $131,537 M in annual sales, amounting to annual net income of $5,024 M. This stock has generated a 1-Year Total Return of -18.48%, a 3-Year Total Return of -31.78%, and a 5-year Total Return of -11.59%. This stock’s 5-Year Dividend Growth is 43.86%, with its most recent dividend valued at $0.458 per share on 08/19/19. Its Annual Dividend Yield is 3.48%, and its Annual Dividend Rate is 1.83.

In the most recently-reported fiscal quarter, which ended in 05/19, Walgreens Boots Alliance, Inc. (WBA) reported earnings of $1.47 per share. Wall Street analysts, on average, were expecting the company to report earnings of $1.42 per share, representing a 0.05 difference and 3.52% surprise. In the previous quarter ending in 02/19, the reported earnings of $1.64 represented a -0.06 difference from the consensus estimate calling for $1.70 per share, which was a -3.53% surprise.

For the current fiscal quarter, which is set to end in 08/2019, the average earnings estimate is $1.42 per share. This estimate came from a total of 9 Wall Street Analysts. Of those market experts, the high estimate was $1.47 and the low estimate was $1.38. In the year-ago quarter, Walgreens Boots Alliance, Inc. (WBA) generated per-share earnings of $1.48. If the analysts are correct about the current quarter’s earnings, the growth will be -4.05%.

Turning our focus now to insider trading activity, there have been 0 purchases (0 shares in total) and 3 sale (215,323 shares in total) in the last 3 months. In the last 6 months, there have been 1 insider buys amounting to 18,000 shares and 5 insider sales amounting to 243,113 shares. In the past full year, 13 insider purchases were made (involving 385,297 shares) and 18 insider sell-offs equivalent to 382,006 shares.

Moving onto liquidity, Walgreens Boots Alliance, Inc. (WBA) has a Current Ratio of 0.82, a Quick Ratio of 0.38 and a Cash Ratio of 0.04. Looking at this company’s capital structure, its Total Debt to Total Equity is 55.36, its Total Debt to Total Capital is 35.63, and its Total Debt to Total Assets is now 21.13. Looking even further ahead into the future, its Long-Term Debt to Equity is 10.24 and its Long-Term Debt to Total Capital is 47.80.