What's Happening with WBA
Walgreens Boots Alliance Inc (WBA) is scheduled to report Quarter 2 numbers before the market open on March 31. Analysts forecast earnings of $0.81 per share for the quarter. During the same period last year the company earned $0.79, and the stock is up 30.5% on the year.
Technical Analysis
WBA was recently trading at $52.03 down $4.09 from its 12-month high and $18.67 above its 12-month low. InvestorsObserver gives WBA a 46 long-term technical score and a 48 short-term technical score. The stock has recent support above $45.72 and recent resistance below $56.19. Of the 14 analysts who cover the stock 2 rate it Strong Buy, 0 rate it Buy, 11 rate it Hold, 1 rate it Sell, and 0 rate it Strong Sell, WBA gets an overall score of 51 from InvestorsObserver.
Analysts' Thoughts
WBA has shown annual earnings growth of 13.36% over the last five years, and looking ahead analysts expect the company to grow profits 3.85% per annum the next five years. Last quarter the company posted better than expected EPS and this quarter the street expects $1.46 EPS. WBA is currently trading at $52.03 with an average price target of $51.73.