Walgreens Boots Alliance, Inc. (WBA): Analyzing Basic Trading Data

In the past 52-week period, shares of Walgreens Boots Alliance, Inc. (NASDAQ:WBA) have moved within the range of $63.82 to $88.00. On the stock’s most recent trading day, the company’s shares ended the regular session at $70.28, which is 20.14% lower than its 52-week high.

Walgreens Boots Alliance, Inc. (WBA) has demonstrated a 20-day simple moving average (SMA) of 2.22%, and a 50-day SMA of -2.31%. This public company’s current market capitalization stands at $72.01 billion.

Analyzing Consensus Estimates, Sales Revenue and Net Income

Measuring Wall Street analysts’ average enthusiasm for a specific stock is critical when considering a potential investment. According to the latest data, the consensus recommendation for Walgreens Boots Alliance, Inc. (WBA) is Outperform.

Publicly-traded companies normally report earnings and revenue figures that are either above or below the average Wall Street projection. In the most recent quarterly financial report, for the quarter ending Aug. 2017, Walgreens Boots Alliance, Inc. (WBA) delivered a 0.69% surprise with its net revenue. Sales reached $30.15 billion during the three-month period, compared to the average analyst estimate of $29.94 billion.

Meanwhile, during the same quarter Walgreens Boots Alliance, Inc. (WBA) delivered a 8.59% earnings surprise. Net earnings for the quarter were posted at $1.31 per share, whereas Wall Street had forecast $1.21 per share.

Ownership at Walgreens Boots Alliance, Inc. (WBA), According to Most Recent SEC Filings

We can gain important insight by taking a look at institutional ownership, as detailed in public companies’ latest 13F filings. Walgreens Boots Alliance, Inc. (WBA) has 0 billion shares outstanding currently, 60.98% of which belong to institutional investors. Those institutional holdings amount to $43.27 billion.

Additionally, according to the most recent 13F filing from Walgreens Boots Alliance, Inc. (WBA), there were 73 new positions totaling 3,637,811 shares of the company’s stock. There were 74 sold out positions, on the other hand, totaling 7,205,274 shares.

Short, Medium and Long Term Indicators

Analyzing the average trade volume of a publicly-traded company’s stock – in the short, medium and long terms – is helpful for gaining insight into trading activity and general investor sentiment. Walgreens Boots Alliance, Inc. (WBA) has had a 20-day average volume of 8,779,498 shares, with an average of 20% of short term indicators pointed at Buy.

The stock’s 50-day average volume has been 8,437,953 shares, with an average of 25% of medium term indicators pointing toward Sell. Finally, its 100-day average volume is 6,698,188 shares with 67% of long-term indicators pointing to Sell.