In today’s session Walgreens Boots Alliance Inc (WBA) registered an unusually high (273) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the December, 2016 call, expecting serious WBA increase. With 273 contracts traded and 38514 open interest for the Dec, 16 contract, it seems this is a quite bullish bet. The option with symbol: WBA161216C00085000 closed last at: $1.49 or 24.2% up. About 3.11 million shares traded hands. Walgreens Boots Alliance Inc (NASDAQ:WBA) has risen 0.04% since March 1, 2016 and is uptrending. It has underperformed by 9.21% the S&P500.
Analysts await Walgreens Boots Alliance Inc (NASDAQ:WBA) to report earnings on October, 26. They expect $0.99 earnings per share, up 12.50% or $0.11 from last year’s $0.88 per share. WBA’s profit will be $1.06 billion for 20.33 P/E if the $0.99 EPS becomes a reality. After $1.18 actual earnings per share reported by Walgreens Boots Alliance Inc for the previous quarter, Wall Street now forecasts -16.10% negative EPS growth.
Walgreens Boots Alliance Inc (NASDAQ:WBA) Ratings Coverage
Out of 9 analysts covering Walgreens Boots Alliance (NASDAQ:WBA), 6 rate it a “Buy”, 1 “Sell”, while 2 “Hold”. This means 67% are positive. $105 is the highest target while $76 is the lowest. The $96.90 average target is 20.37% above today’s ($80.5) stock price. Walgreens Boots Alliance has been the topic of 17 analyst reports since August 24, 2015 according to StockzIntelligence Inc. The stock of Walgreens Boots Alliance Inc (NASDAQ:WBA) earned “Equal-Weight” rating by Barclays Capital on Thursday, March 10. The rating was downgraded by Wood on Friday, July 22 to “Underperform”. The rating was maintained by Credit Suisse with “Outperform” on Thursday, September 1. The rating was upgraded by RBC Capital Markets to “Buy” on Wednesday, October 28. The stock has “Outperform” rating given by Cowen & Co on Wednesday, September 9. The rating was downgraded by Zacks on Monday, August 24 to “Buy”. The stock of Walgreens Boots Alliance Inc (NASDAQ:WBA) has “Outperform” rating given on Monday, November 16 by Credit Suisse. Deutsche Bank maintained Walgreens Boots Alliance Inc (NASDAQ:WBA) rating on Tuesday, August 30. Deutsche Bank has “Buy” rating and $94 price target. The firm has “Outperform” rating by Credit Suisse given on Monday, July 18. The firm earned “Buy” rating on Thursday, October 29 by S&P Research.
Walgreens Boots Alliance, Inc. is a holding company. The company has a market cap of $86.59 billion. The Firm is a pharmacy-led health and wellbeing company. It has a 27.65 P/E ratio. The Firm operates through three divisions: Retail Pharmacy USA, Retail Pharmacy International and Pharmaceutical Wholesale.
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