Walgreens Boots Alliance, Inc. (WBA) and FLIR Systems, Inc

Lynne Hanson
October 27, 2017

Sales at Walgreens' U.S. pharmacies rose 12.6 percent in the fourth quarter ended August 31, after the company filled 250.2 million prescriptions, up 9 percent from a year ago. About 23,859 shares traded. TIAA CREF Investment Management LLC now owns 5,269,500 shares of the pharmacy operator's stock valued at $437,632,000 after acquiring an additional 962,959 shares during the period.

From another technical standpoint, Walgreens Boots Alliance, Inc. (NASDAQ:WBA) recently traded as high as $70.11. The results of the trading session contributed to over 16,797,534 shares changing hands. The firm has a market cap of $74.62 billion, a price-to-earnings ratio of 17.61 and a beta of 1.25. On a similar note, the stock is -10.2% below its 50-day moving average, providing a measure of support for short positions. However, within an hour of the opening bell, Walgreens stock had given up all its earnings gains and made new lows down to $66.05.

For the ongoing Fiscal Quarter, 19 analysts have an average earnings forecast of $1.21 per share. The company had revenue of $30.15 billion during the quarter, compared to analyst estimates of $29.93 billion. Walgreens Boots Alliance had a net margin of 3.69% and a return on equity of 17.34%.

Group sales for the last quarter saw a 5.3 per cent spike in sales to £22.73 billion, and a 0.7 per cent rise to £89.2 billion on a yearly basis.

Overall fourth quarter earnings were US$802mln, or 76 USA cents per share, down from US$1.03bn, or 95 U.S. cents per share in the year-earlier period reflecting costs related to the Rite Aid deal.

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The stock of Walgreens Boots Alliance Inc (NASDAQ:WBA) is a huge mover today! Shares repurchase programs are usually a sign that the company's board believes its shares are undervalued.

Past 5 years growth of MSFT observed at 6.30%, and for the next five years the analysts that follow this company is expecting its growth at 11.45%. Stockholders of record on Monday, November 13th will be issued a $0.40 dividend. Relative volume is the comparison of current volume to average volume for the same time of day, and it's displayed as a ratio. Current trading movement for the stock has attracted a bevy of interest from several analysts, most weighing in on the outlook and upside for the stock in one way or another. Loop Capital has "Buy" rating and $95 target. This gauge is crucial in determining whether investors are moved toward the direction of buying more of the stock, or else doing the contradictory side and selling more of the stock. Leerink Swann maintained the stock with "Buy" rating in Wednesday, April 12 report. The stock of Walgreens Boots Alliance Inc (NASDAQ:WBA) earned "Mkt Perform" rating by Raymond James on Wednesday, September 27. Two research analysts have rated the stock with a sell rating, six have given a hold rating and fifteen have issued a buy rating to the company's stock.

Analysts have given a mean recommendation of 2.10 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range).

"The formation of AllianceRX Walgreens Prime is primarily responsible for driving up prescription volumes (for Walgreens) including mail and specialty", Moody's Vice President Mickey Chadha said via email.

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