Walgreens Boots Alliance Inc (WBA) Stock Forecast & Predictions

Walgreens Boots Alliance Inc WBA: $55.31

108 Wilmot Rd, Deerfield, Illinois, United States. | Sector: Retail Trade | Exchange: NASDAQ/NGS (GLOBAL SELECT MARKET) | Web: www.walgreensbootsalliance.com

  • Market Cap$47.81B
  • Change (52 Weeks)39.23%
  • Low (52 Weeks)$32.38
  • Walgreens Boots Alliance Inc (WBA) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 18.75% are on Buy, 31.25% on Sell, and 50.00% Neutral.

    According to the market data, Walgreens Boots Alliance Inc (WBA) stock price is $55.31 and the 52 weeks low is $32.38, which means the Walgreens Boots Alliance Inc stock price is up 39.23% in the last 12 months.

    Walgreens Boots Alliance Inc (WBA) Stock Price has been Trending Strongly with an ADX reading of 26.69 as per the Weekly Chart.

    A Upward trend indicates that Walgreens Boots Alliance Inc (WBA) Stock Price may keep going up, with temporary Retracement (the process of stock price bouncing because of short term profit taking by the traders and investors).

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 18.75% are indicating that WBA Stock price might rise further, 31.25% indicating that WBA Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall WBA stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Walgreens Boots Alliance Inc (WBA) Stock Forecast By Analysts


    On Hold
    Analysts Recommendations for Walgreens Boots Alliance Inc (WBA) is based on 29 Institutional Analyst Ratings where 0.00% are on Strong Buy, 6.90% on Moderate Buy, 65.52% remains on Hold, 3.45% are on Moderate Sell and 24.14% are on Strong Sell.

    Out of 29 Institutional Analysts, majority recommended WBA stock as On Hold. This means investors are recommended to hold their existing positions if any, otherwise, the recommendation is neither to buy nor sell at this stage. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Walgreens Boots Alliance Inc.

    Walgreens Boots Alliance Inc (WBA) Stock Price Prediction By Analysts


    HighLowAverage
    $75.60$33.33$55.76
    $55.760.81% Upside
    Updated: 2021-05-25 00:00:00

    The Average Price target for WBA set by the institutional analysts is $55.76 where High Estimate is $75.60, Median $56.1 and Low $33.33.

    The average price target for WBA by Institutional Analysts is $55.76, which is 0.81% Upside from the current price. So according to the Institutional Analysts, WBA Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Walgreens Boots Alliance Inc (WBA) Stock Forecast Based on Investor Sentiment


    Very Positive

    Based on 427,502 investor portfolio.

    Our algorithm has analysed 427,502 investor portfolio with WBA stock holdings and found that 99.50% of them are bullish. Which means the Investor Sentiment is mostly Very Positive.

    This shows most investors are very optimistic about WBA and holding their positions hoping for a further rise in the stock price and more profit.

    Walgreens Boots Alliance Inc (WBA) Stock Forecast Based on News Sentiment


    Bearish
    Based on 24 articles published Last Week, where 0.00% are Bullish and 100.00% are Bearish.

    According to the news articles published last week, most journalists and bloggers talked negatively about WBA, it shows that Walgreens Boots Alliance Inc had a 100.00% negative news coverage.

    Negative news coverage usually affects short-term price of a stock, so this negative coverage provides an indication that WBA stock price may go down in the next few weeks.

    Walgreens Boots Alliance Inc (WBA) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Morgan StanleyEqual-WeightMaintained
    Credit SuisseNeutralMaintained
    Morgan StanleyEqual-WeightMaintained
    Credit SuisseNeutralMaintained
    BairdOutperformUpgraded
    MizuhoNeutralMaintained
    Morgan StanleyEqual-WeightMaintained
    RBC CapitalSector PerformMaintained
    Credit SuisseNeutralMaintained
    MizuhoNeutralMaintained
    SunTrust Robinson HumphreyHoldMaintained
    Deutsche BankHoldMaintained
    Credit SuisseNeutralMaintained
    B of A SecuritiesUnderperformMaintained
    Morgan StanleyEqual-WeightMaintained
    MizuhoNeutralMaintained
    UBSNeutralUpgraded
    SunTrust Robinson HumphreyHoldMaintained
    RBC CapitalSector PerformMaintained
    JP MorganNeutralMaintained
    Deutsche BankHoldUpgraded
    Credit SuisseNeutralMaintained
    Cowen & Co.Market PerformMaintained
    SunTrust Robinson HumphreyHoldMaintained
    Wells FargoEqual-WeightDowngraded
    JP MorganNeutralDowngraded
    Bank of AmericaUnderperformMaintained
    Morgan StanleyEqual-WeightMaintained
    JP MorganOverweightMaintained
    Bank of AmericaUnderperformMaintained
    UBSSellMaintained
    Morgan StanleyEqual-WeightMaintained
    Loop CapitalHoldDowngraded
    CitigroupNeutralMaintained
    BarclaysEqual-WeightMaintained
    Morgan StanleyEqual-WeightMaintained
    UBSSellMaintained
    BairdNeutralMaintained
    UBSSellInitiated
    BairdNeutralMaintained
    Goldman SachsSellDowngraded
    Morgan StanleyEqual-WeightMaintained
    CitigroupNeutralMaintained
    BarclaysEqual-WeightMaintained
    BairdNeutralMaintained
    RBC CapitalOutperformMaintained
    JP MorganOverweightMaintained
    BairdNeutralMaintained
    Cowen & Co.Market PerformDowngraded
    Evercore ISI GroupIn-LineDowngraded
    MizuhoNeutralDowngraded
    JefferiesHoldDowngraded
    BairdNeutralDowngraded
    Bank of AmericaUnderweightDowngraded
    Leerink SwannMarket PerformMaintained
    BarclaysEqual-WeightInitiated
    Evercore ISI GroupOutperformInitiated
    Deutsche BankHoldInitiated
    CitigroupBuyMaintained
    Leerink SwannMarket PerformDowngraded
    Loop CapitalBuyMaintained
    BairdOutperformMaintained
    Morgan StanleyEqual-WeightDowngraded
    Raymond JamesMarket PerformDowngraded
    RBC CapitalOutperformInitiated
    Loop CapitalBuyInitiated
    NeedhamHoldInitiated
    Pivotal ResearchHoldInitiated
    Wells FargoOutperformInitiated
    JefferiesBuyUpgraded
    UBSBuyInitiated
    Credit SuisseOutperformMaintained
    Keefe Bruyette & WoodsUnderperformDowngraded
    Credit SuisseOutperformMaintained
    BarclaysEqual-WeightMaintained
    MizuhoBuyUpgraded
    Atlantic EquitiesNeutralInitiated
    BairdOutperformInitiated
    Evercore ISI GroupBuyUpgraded
    Raymond JamesOutperformUpgraded
    Credit SuisseOutperformMaintained
    BarclaysEqual-WeightMaintained
    Cowen & Co.OutperformUpgraded
    Credit SuisseOutperformUpgraded
    CitigroupBuyMaintained
    Raymond JamesOutperformUpgraded
    MacquarieOutperformMaintained
    Leerink SwannOutperformMaintained
    Deutsche BankBuyMaintained
    BarclaysEqual-WeightMaintained
    MacquarieOutperformInitiated
    JefferiesHoldMaintained
    CitigroupBuyMaintained
    CitigroupBuyMaintained
    SunTrust Robinson HumphreyNeutralMaintained
    JP MorganOverweightMaintained
    Deutsche BankBuyMaintained
    JefferiesHoldDowngraded

    Walgreens Boots Alliance Inc (WBA) Stock Earning Per Share (EPS) Forecast / Estimate


    $1.219
    The average consensus EPS for WBA is $1.219 with a high estimate of $1.522 and Low of $1.057 for the period 2021-09-30 and based on 20 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $1.26$1.26945892021-06-30


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $$1.15544000000000022021-09-30
    $1.26$1.26945892021-06-30
    $1.22$1.03760332021-03-31
    $1.02$0.96981210000000012020-12-31
    $0.83$1.18148792020-09-30
    $1.52$1.47290322020-06-30
    $1.37$1.427132020-03-31
    $1.43$1.4252112019-12-31
    $1.47$1.44848142019-09-30
    $1.64$1.73839182019-06-30
    $1.46$1.44718862019-03-31
    $1.48$1.46006610000000012018-12-31
    $1.53$1.49097212018-09-30
    $1.73$1.56315682018-06-30
    $1.28$1.27530682018-03-31
    $1.31$1.22056482017-12-31
    $1.33$1.30922262017-09-30
    $1.36$1.37237792017-06-30
    $1.1$1.10374819999999982017-03-31
    $1.07$0.99913242016-12-31
    $1.18$1.15175349999999992016-09-30
    $1.31$1.29218392016-06-30
    $1.03$0.97199372016-03-31
    $0.88$0.82140272015-12-31
    $1.02$0.8765792015-09-30
    $1.18$0.95575292015-06-30
    $0.81$0.75492452015-03-31
    $0.74$0.74510732014-12-31
    $0.91$0.94453182014-09-30
    $0.91$0.93823950000000012014-06-30
    $0.65$0.72504872014-03-31
    $0.73$0.73078550000000012013-12-31
    $0.85$0.91500952013-09-30
    $0.96$0.95276332013-06-30
    $0.58$0.70826252013-03-31
    $0.53$0.56161052012-12-31
    $0.63$0.62797762012-09-30
    $0.78$0.7739632012-06-30
    $0.63$0.67670000000000012012-03-31
    $0.57$0.55966122011-12-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).