Walgreens Boots Alliance Inc (WBA) Share Price
Name: Walgreens Boots Alliance Inc (WBA)
Description: A watchword for dissapointment and underpeformance its stock price has fallen consistently for 10 years . Growth by acquistion was a posion chalice for the drugstore chain, which is now scrambling to cut costs and raise cash including selling down its stake in pharmaceutical solutions group Cencora. A recent upgrade from JP Morgan barley moved the price but the bank pointed to new CEO Tim Wenworth as catalyst for change at the company. 20/11/23
Summary
The current Walgreens Boots Alliance Inc (WBA) stock price is $20.79 which is a change of 0.85 or 4.26% from the last closing price of 20.79 with 12,358,066 shares traded giving NASDAQ:WBA a market capitalisation of $17,960,787,403. The most recent daily high has been 20.82 and daily low 19.75. The NASDAQ:WBA share price 52 week high has been 42.29 and the 52 week low 19.68. Based on the most recent NASDAQ:WBA share price opening of 20.79, the current NASDAQ:WBA EPS (earnings per share) are -3.57 and the PE (price earnings ratio) is n/a. Pricing data last updated 01/12/2023 16:00.
Pros
- The company is now trying to rightsize.
- A rationalised business could be a bid target.
- New CEO is an external appointment
Cons
- Missed on earnings and guided lower
- Amazon is encroaching on WBA markets
- Stock is down -65% in 10-years
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Outlook
(3)