Walgreens Boots Alliance (WBA, Financial) experienced a significant stock movement, with prices climbing 5.04%. The stock's value reached $10.95 per share, trading at a volume of 22.1 million shares and a turnover rate of 2.56%, while showing a volatility of 6.62%.
Recent financial reports reveal that Walgreens Boots Alliance generated revenues of $147.66 billion, but recorded a net loss of $8.636 billion, equivalent to an earnings per share of -$10.01. The gross profit stood at $24.065 billion with a price-to-earnings ratio of -1.09.
In terms of analyst ratings, out of 18 institutions, 17% recommend buying, 61% advise holding, and 22% suggest selling the stock. Within the pharmaceutical retail sector, the industry rose by 0.28% overall. Among key stocks, High Tide Inc., Walgreens Boots Alliance, and Sunlink Health Systems, Inc. displayed notable gains, while Walgreens Boots Alliance, Petmed Express, Inc., and High Tide Inc. showed high activity rates. Walgreens Boots Alliance again stood out with a 6.72% volatility.
Walgreens Boots Alliance is one of the largest retail pharmacy chains in the United States, operating over 8,500 stores. Nearly 75% of Americans live within five miles of a Walgreens location. About two-thirds of its revenue is derived from prescription drug sales, contributing to 20% of the total U.S. prescription market. Additional income streams include retail products, European pharmaceutical wholesale, and healthcare services. With more stores adding services like Health Corner and Village Medical, Walgreens is establishing itself as a comprehensive healthcare provider.
