Revision in Analysts' Earnings Estimates: Walgreens Boots Alliance, Inc. (WBA)

Joanna Estrada
October 19, 2017

Atria Investments LLC downsized its stake by shedding 1,301 shares a decrease of 5.4% in the quarter. Slightly noticeable ratio of firm is current ratio, which is standing at 1.30. The dividend payment was $0.400 per share for the quarter which comes to $1.60 on an annualized basis.

The average 1-year price target for Walgreens Boots Alliance, Inc. Wellington Management Group LLP grew its holdings in Walgreens Boots Alliance by 5.9% during the 1st quarter. The Weekly Volatility is 1.68% and the Monthly Volatility is 2.02%. Walgreens Boots Alliance makes up 2.2% of Montag & Caldwell LLC's investment portfolio, making the stock its 26th largest holding. Noting its average daily volume at 5.84 million shares each day over the month, this signifies a pretty significant change over the norm.

The EPS of Walgreens Boots Alliance, strolling at 3.96. Institutional investors and hedge funds own 60.14% of the company's stock. Sell-side firms now have a consensus recommendation of 2.10 on the shares. Cutler Group LP divested its investment by selling 18,569 shares a decrease of 68.5% from 06/30/2017 to 09/30/2017. Following the transaction, the director now directly owns 19,151 shares of the company's stock, valued at $1,528,058.29. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

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It is trading at $67.40 which is significantly below $78.27, the stock's 50 day moving average and a great deal lower than the 200 day moving average of $80.61. Shares of New World Resources Corp (NW.V) have a 7-day moving average of 0.13.

Investigating the productivity proportions of Nielsen Holdings plc stock, speculator will discover its ROE, ROA, ROI remaining at 11.8%, 8% and 6.9%, individually. The company's market cap is $73.97 Billion, and the average volume is $2.1 Million.

Moving toward other technical indicators, stock is wondering in considerable region as it has 20 days moving average of -10.16% and struggles for 50 days moving average of buoyant run is -14.52%. Shares of BRX have increased 0.37% in the past three monthswhile the S&P 500 has dropped -1.03% in that time. This buyback authorization allows the pharmacy operator to buy up to 5.9% of its stock through open market purchases.

A number of equities research analysts have issued reports on the stock. Needham & Company LLC reissued a "buy" rating and issued a $94.00 price target on shares of Walgreens Boots Alliance in a research report on Thursday, October 12th. BidaskClub downgraded Walgreens Boots Alliance from a "sell" rating to a "strong sell" rating in a research report on Saturday, June 24th. Zacks Investment Research raised Walgreens Boots Alliance from a "sell" rating to a "hold" rating in a research report on Thursday, October 5th. The stock price hovered in an intraday range of $97.32- $98.18. On September 19 analysts at RBC Capital initiated coverage on WBA giving it an initial rating of "Outperform". The stock presently has a consensus rating of "Buy" and an average price target of $90.18. The Firm is a pharmacy-led health and wellbeing company. The Company's products are marketed under a number of brands, which include No7, the Botanics range, Almus (generic medicines), Boots Pharmaceuticals and Soap & Glory (bathing and beauty brand).

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