Walgreens Boots Alliance Inc (WBA) Q1 Profit & Revenue Top Expectations

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The fund owned 678,771 shares of the pharmacy operator's stock after acquiring an additional 301,049 shares during the period. Finally, Parkside Financial Bank & Trust boosted its position in shares of Walgreens Boots Alliance by 0.4% in the third quarter. The business's quarterly revenue was up 5.3% on a year-over-year basis. The biggest holder now is Charles R. Walgreen, III who owns 3,167,434 shares (0.32% of those outstanding), whilst Ms. Ornella Barra holds 1,697,438 (0.17% of shares outstanding) and Mr. Gregory D. Wasson holds 447,118 (0.05% of shares outstanding). As a refresher, Walgreens Boots Alliance is paying Rite Aid $4.375 billion in cash for those stores and it expects $750 million in associated integration costs. (WBA) closed -8.03% below its 200-day moving average and is 1.57% above another chart threshold, its 50-day moving average.

The company has a debt-to-equity ratio of 0.45, a current ratio of 1.07 and a quick ratio of 0.59. Further, company shares have been seen trading -2.95% off of the 52 week high and 14.57% away from the 52 week low.

Shares of Walgreens Boots Alliance Inc (NASDAQ WBA) opened at $75.51 on Thursday. The firm had revenue of $28.50 billion for the quarter. Its sales stood at 10.50% a year on average in the period of last five years. This indicates a relatively solid earnings per share growth rate of 49.88% over the next few years, which is an optimistic outlook in the near term.

WBA has price to earnings growth ratio of 1.53, it is adding factors in a stock's estimated earnings growth into its current valuation that showed 18.96 by price to earning ration. Investors of record on Monday, November 13th were paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 2.12%. The ex-dividend date was Friday, November 10th. Walgreens Boots Alliance's payout ratio is 44.20%. The legal version of this report can be read at https://www.dispatchtribunal.com/2018/01/03/first-trust-advisors-lp-has-52-42-million-holdings-in-walgreens-boots-alliance-inc-wba.html. Vetr upgraded shares of Walgreens Boots Alliance from a "buy" rating to a "strong-buy" rating in a research note on Tuesday, December 12th. BidaskClub raised shares of Walgreens Boots Alliance from a "strong sell" rating to a "sell" rating in a research note on Friday, November 10th. The stock price of MXIM is moving up from its 20 days moving average with 3.71% and isolated positively from 50 days moving average with 2.94%.

Analysts have a mean recommendation of 2.50 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range).

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In other news, Director John Anthony Lederer purchased 20,000 shares of the stock in a transaction that occurred on Thursday, October 26th. Following the completion of the sale, the director now directly owns 16,415 shares in the company, valued at $1,105,878.55. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The most recent short interest data show 2.79% of the company's stock are short sold. The shares were sold at an average price of $67.37, for a total value of $184,324.32. Shares repurchase plans are often an indication that the company's board of directors believes its shares are undervalued.

Combining the two types of research and analysis will give you a well rounded idea of how Walgreens Boots Alliance, Inc. may perform into the future.

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Walgreens Boots Alliance Inc (NASDAQ:WBA) early Thursday posted better than expected fiscal first quarter earnings results and lifted the low end of its full-year guidance, as domestic pharmacy sales continued to grow at an impressive clip.