Walgreens Boots Alliance, Inc. (NASDAQ:WBA – Get Score) introduced a quarterly dividend on Wednesday, July thirteenth, RTT Information stories. Buyers of report on Friday, August nineteenth can be given a dividend of 0.48 per share by the pharmacy operator on Friday, September ninth. This represents a $1.92 annualized dividend and a yield of 4.57%. The ex-dividend date is Thursday, August 18th. This can be a constructive change from Walgreens Boots Alliance’s earlier quarterly dividend of $0.48.
Walgreens Boots Alliance has raised its dividend by a mean of 4.0% yearly over the past three years and has elevated its dividend yearly for the final 47 years. Walgreens Boots Alliance has a dividend payout ratio of 41.0% indicating that its dividend is sufficiently lined by earnings. Analysts anticipate Walgreens Boots Alliance to earn $4.63 per share subsequent 12 months, which suggests the corporate ought to proceed to have the ability to cowl its $1.92 annual dividend with an anticipated future payout ratio of 41.5%.
Walgreens Boots Alliance Inventory Up 2.4 %
WBA opened at $42.04 on Wednesday. Walgreens Boots Alliance has a 12 month low of $36.57 and a 12 month excessive of $55.00. The corporate has a debt-to-equity ratio of 0.35, a present ratio of 0.78 and a fast ratio of 0.43. The inventory has a market cap of $36.33 billion, a P/E ratio of 6.78, a P/E/G ratio of 1.62 and a beta of 0.60. The inventory’s 50 day shifting common value is $39.49 and its 200 day shifting common value is $43.47.
Walgreens Boots Alliance (NASDAQ:WBA – Get Score) final posted its earnings outcomes on Thursday, June thirtieth. The pharmacy operator reported $0.96 EPS for the quarter, beating the consensus estimate of $0.95 by $0.01. The agency had income of $32.60 billion for the quarter, in comparison with analysts’ expectations of $32.23 billion. Walgreens Boots Alliance had a return on fairness of 16.20% and a web margin of 4.00%. The agency’s income was down 4.2% in comparison with the identical quarter final 12 months. Throughout the identical interval final 12 months, the agency earned $1.51 EPS. As a bunch, analysis analysts predict that Walgreens Boots Alliance will put up 5.02 earnings per share for the present 12 months.
Institutional Buyers Weigh In On Walgreens Boots Alliance
Giant buyers have lately modified their holdings of the inventory. Candriam Luxembourg S.C.A. grew its place in Walgreens Boots Alliance by 0.5% through the 1st quarter. Candriam Luxembourg S.C.A. now owns 63,483 shares of the pharmacy operator’s inventory value $2,842,000 after buying an extra 310 shares over the past quarter. Signet Monetary Administration LLC raised its stake in Walgreens Boots Alliance by 1.0% through the 1st quarter. Signet Monetary Administration LLC now owns 35,461 shares of the pharmacy operator’s inventory value $1,588,000 after shopping for an extra 334 shares through the interval. Laurel Wealth Advisors Inc. elevated its holdings in Walgreens Boots Alliance by 5.1% through the 1st quarter. Laurel Wealth Advisors Inc. now owns 10,563 shares of the pharmacy operator’s inventory value $473,000 after buying an extra 509 shares within the final quarter. Ameritas Funding Companions Inc. elevated its holdings in Walgreens Boots Alliance by 1.3% through the 1st quarter. Ameritas Funding Companions Inc. now owns 53,676 shares of the pharmacy operator’s inventory value $2,402,000 after buying an extra 680 shares within the final quarter. Lastly, United Capital Monetary Advisers LLC elevated its holdings in Walgreens Boots Alliance by 0.5% through the 1st quarter. United Capital Monetary Advisers LLC now owns 136,997 shares of the pharmacy operator’s inventory value $6,133,000 after buying an extra 723 shares within the final quarter. 57.02% of the inventory is at the moment owned by institutional buyers.
Wall Road Analyst Weigh In
WBA has been the topic of plenty of analysis stories. Deutsche Financial institution Aktiengesellschaft decreased their value goal on Walgreens Boots Alliance from $46.00 to $44.00 and set a “maintain” score for the corporate in a analysis notice on Friday, July 1st. Morgan Stanley decreased their value goal on Walgreens Boots Alliance from $43.00 to $39.00 and set an “underweight” score for the corporate in a analysis notice on Wednesday, July sixth. Truist Monetary decreased their value goal on Walgreens Boots Alliance from $50.00 to $42.00 and set a “maintain” score for the corporate in a analysis notice on Friday, July 1st. Credit score Suisse Group decreased their value goal on Walgreens Boots Alliance from $52.00 to $43.00 and set a “impartial” score for the corporate in a analysis notice on Friday, July 1st. Lastly, Barclays lowered their value goal on Walgreens Boots Alliance from $50.00 to $45.00 and set an “equal weight” score for the corporate in a analysis notice on Friday, June twenty fourth. One funding analyst has rated the inventory with a promote score, eight have assigned a maintain score and one has given a purchase score to the corporate. In accordance with information from MarketBeat, Walgreens Boots Alliance at the moment has a consensus score of “Maintain” and a mean value goal of $46.25.
About Walgreens Boots Alliance
Walgreens Boots Alliance, Inc operates as a pharmacy-led well being and sweetness retail firm. It operates by means of two segments, the USA and Worldwide. America phase sells pharmaceuticals and an assortment of retail merchandise, together with well being, wellness, magnificence, private care, consumable, and common merchandise merchandise by means of its retail drugstores.
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