Walgreens Boots Alliance Inc (NASDAQ:WBA) soared 0.60% during previous trade, a total of 3.30M shares exchanged hands compared with its average trading volume of 4.15M shares whereas its relative volume is 0.82. The stock has a market capitalization of $91.07B along with 1.08B outstanding shares. Stock’s intraday price range hit the peak level of $83.63 and touched the lowest level of $82.67.
Most recently Walgreens Boots Alliance Inc (NASDAQ:WBA)’s price target was revised on 2/6/17 and according to 20 analysts stock’s price will reach at $94.55 during 52 weeks with standard deviation of 4.65. Stock’s minimum price target estimates has been figured out at $79 while the maximum price target forecast is established at $100, if we look at the price target with an optimistic approach it has upside potential of 20% from its latest closing price of $83.43.
Historically, if we look at price target revisions, three weeks ago Walgreens Boots Alliance Inc (NASDAQ:WBA)’s price target was revised on 1/18/17 by the analysts, however the bullish price estimates of the stock set at $103 while the bearish estimates kept at $85 over the next one year. Stock’s 52-week target was retained at $93.46, the estimates indicates a standard deviation of 4.82.
While taking an overview of recommendation trends, the stock currently has an average brokerage recommendation of 1.56. ABR value is precisely based on brokerage recommendations, where out of 17 brokerage recommendations 11 rate Walgreens Boots Alliance Inc (NASDAQ:WBA) stock a Strong Buy, 2 rate the stocks of the company a Buy, 4 rate Hold, 0 rate Sell and 0 recommend a Strong Sell. Most recently on 2/6/17 the stock of Walgreens Boots Alliance Inc (NASDAQ:WBA) upgraded by Atlantic Equities from Neutral to Overweight. However previously on 10/17/16 it was upgraded by Jefferies from Hold to Buy. A research note issued on 3/1/16 the stock was upgraded by Mizuho from Neutral to Buy.
Walgreens Boots Alliance Inc (NASDAQ:WBA) performance over the past one year soared 10.25% whereas its year to date (YTD) performance indicated a bullish trend of 0.81%. During the last six months the stock rose 1.05%. Quarterly performance of the company shows optimistic momentum of 3.64% while its last one month trend is negative with -0.58%. Stock’s weekly performance expressed up trend of 3.25%.
The company’s price sits -0.15% below from its 50-day moving average of $82.50 and 2.64% far from the stock’s 200-day moving average which is $82.18. Walgreens Boots Alliance Inc (NASDAQ:WBA)’s shares are currently trading -5.19% away from the 52-week high price of $88 and +15.02% far from the 52-week low price of $72.53.
According to consensus agreement of 19 analysts Walgreens Boots Alliance Inc (NASDAQ:WBA) will report earnings per share of $1.36 in their quarterly report and it is expected to announce the company’s results on 4/4/17. For the current quarter the company has high EPS estimates of $1.43 in contradiction of low EPS estimates of $1.3. However a year ago for the same quarter the company has reported $1.31 EPS. Current year EPS projections for Walgreens Boots Alliance Inc (NASDAQ:WBA) set at $5 according to the sentiments of 17 analysts, while its lowest earnings estimates are $4.93 and highest earnings estimates are $5.12.
According to 17 analysts, Walgreens Boots Alliance Inc (NASDAQ:WBA)’s revenue estimates for the current quarter are $30.26B meanwhile the company has high revenue estimates of $31.74B in contradiction of low revenue estimates of $29.24B. For the current year the company’s revenue estimates are $119.01B compared to low analyst estimates of $115.8B and high estimates of $123.16B according to the projection of 14 analysts.