With 29.49 million shares changed hands, the volume of the stock remained heavier than its average volume of 25.72 million shares. The 52-week range on WBA shows that it touched its highest point at $22.05 and its lowest point at $8.08 during that stretch. It currently has a 1-year price target of $11.14. With its current market cap of 9.35 billion, WBA has annualized dividend of $0.75 while the current yield stands at 6.93%. Beta for the stock currently stands at 0.61.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of WBA was up-trending over the past week, with a rise of 11.55%, but this was down by -7.84% over a month. Three-month performance surged to 30.52% while six-month performance rose 4.14%. The stock lost -50.25% in the past year, while it has gained 15.97% so far this year. A look at the trailing 12-month EPS for WBA yields -10.24 with Next year EPS estimates of 1.49. For the next quarter, that number is 0.53. This implies an EPS growth rate of -43.91% for this year and -7.48% for next year.
Float and Shares Shorts:
At present, 863.49 million WBA shares are outstanding with a float of 709.68 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for WBA since 11 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 6 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $2.89502 being high and $2.80518 being low. For WBA, this leads to a yearly average estimate of $2.84511. Based on analyst estimates, the high estimate for the next quarter is $0.45 and the low estimate is $0.23. The average estimate for the next quarter is thus $0.31.
