Now trading at a price of $35.3, Walgreens Boots Alliance has moved -1.4% so far today.
Walgreens Boots Alliance shares moved -19.6% over the last 52 weeks, with a high of $47.28 and a low of $30.39. During this time, the stock lagged the S&P 500 index by -14.0%. As of January 2022, the company's 50-day average price is $35.16. Walgreens Boots Alliance, Inc. operates as a pharmacy-led health and beauty retail company. The large-cap Consumer Staples company has 200,000 full time employees and is based in Deerfield, IL. Walgreens Boots Alliance has returned a 5.4% dividend yield over the last 12 months.
The Company Has a Steady Stream of Positive Cash Flows:
| 2019-08-31 | 2020-08-31 | 2021-08-31 | 2022-08-31 | |
|---|---|---|---|---|
| Revenue (MM) | $136,866 | $139,537 | $132,509 | $132,703 |
| Revenue Growth | n/a | 1.95% | -5.04% | 0.15% |
| Gross Margins | 22.0% | 20.1% | 21.2% | 21.3% |
| Gross Margins Growth | n/a | -8.64% | 5.47% | 0.47% |
| Operating Margins | 3.5% | 0.7% | 2.6% | 0.7% |
| Operating Margins Growth | n/a | -80.0% | 271.43% | -73.08% |
| Net Margins | 2.91% | 0.33% | 1.92% | 3.27% |
| Net Margins Growth | n/a | -88.66% | 481.82% | 70.31% |
| Earnings Per Share | $4.31 | $0.52 | $2.93 | -$3.65 |
| EPS Growth | n/a | -87.94% | 463.46% | -224.57% |
| Diluted Shares (MM) | 924 | 880 | 866 | 863 |
| Free Cash Flow (MM) | $3,892 | $4,110 | $4,176 | $2,165 |
| FCF Growth | n/a | 5.6% | 1.61% | -48.16% |
| Capital Expenditures (MM) | -$1,702 | -$1,374 | -$1,379 | -$1,734 |
| Net Debt / EBITDA | 2.18 | 4.6 | 1.43 | 1.62 |
Walgreens Boots Alliance has negative earnings for the current period, so its trailing twelve month P/E ratio is not meaningful. But based on its EPS guidance of 4.81, the company has a forward P/E ratio of 7.3. In contrast, the Consumer Staples sector's average P/E ratio is 24.36.
On the other hand, Walgreens Boots Alliance is possibly undervalued in terms of its net assets because its P/B ratio is 1.4 compared to its sector average of 4.29.
Walgreens Boots Alliance Is the Subject of Mixed Market Indicators:
14 analysts are following Walgreens Boots Alliance and have set target prices ranging from $35.0 to $54.0 per share. On average, they have given the company a rating of hold. At the current price of $35.3, WBA is trading -12.87% away from its average analyst target price of $40.51 per share, implying an analyst consensus of some upside potential for the stock.
The company has an average amount of shares sold short since 4.3% of the company's shares are tied to short positions. Institutions own 61.7% of Walgreens Boots Alliance's shares, while the insider ownership rate stands at 17.18%. The biggest shareholder is the Vanguard Group, Inc. with a 7% stake in the company worth approximately $2,171,347,122.
