Stock To Watch: Walgreens Boots Alliance, Inc. (NASDAQ:WBA)


The leading market experts have placed a mean price target of $91.98 on Walgreens Boots Alliance, Inc. (NASDAQ:WBA) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $1.17 a share for the upcoming quarter and $4.51 for the current fiscal.

Technical View

The technical analysis of Walgreens Boots Alliance, Inc. plainly substantiates that the 50-day moving average of Walgreens Boots Alliance, Inc. is $81.40, and stock is trading $-0.12 points away or -0.15% from its 50-day moving average of $81.40. Further it is trading $0.33 or +0.41% away its 200-day moving average of $80.95. Walgreens Boots Alliance, Inc. (NASDAQ:WBA) 52-week high is $95.74 and the 52-week low is $71.50.

This explains if the stock moves $-14.46, it will post a 52-week high. In event of +13.68% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Walgreens Boots Alliance, Inc., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Walgreens Boots Alliance, Inc. (NASDAQ:WBA) ratio came in at 28.09.

The stock last ended the trading session at $81.28 and registered a market cap of $87.97B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Walgreens Boots Alliance, Inc. (NASDAQ:WBA) PEG ratio is at 1.39.

1 Chart Pattern Every Investor Should Know

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