WBA takeout of AmerisourceBergen could boost non-GAAP EPS 10% - Mizuho

Takeover talks are said to have taken place for several weeks

The stock traded on impressive volume of 6.78 Million comparing to the average volume of 6139.61 shares, completing picture of exact trends with uncompleted dots in volume over the norm. TRV has diverse figures for different time frames; starting from week's performance its showing bearish trend of -2.39% in last five regular trading sessions.

Walgreens Boots Alliance Inc (NASDAQ:WBA) opened at $68.46 on Tuesday. The current share price indicates that stock is -14.35% away from its one year high and is moving 11.01% ahead of its 52-week low.

The company now has an insider ownership of 0.2 Percent and Institutional ownership of 63.6 Percent. The latest exchange of 0.74 Million shares is below its average trading activity of 1.5 Million shares.

In other Walgreens Boots Alliance news, insider Stefano Pessina purchased 98,858 shares of the stock in a transaction on Monday, January 15th.

Walgreens Boots Alliance Inc. runs more than 13,200 stores in 11 countries, and is the largest USA drugstore chain. Walgreens Boots Alliance, Inc., is based in Deerfield, Illinois. The formula for calculating the price-earnings ratio for any stock is simple: the market value per share divided by the earnings per share (EPS). The Price to Sales (P/S) of the stock is 0.56, while P/B (Price to Book) stands at 2.66.

Walgreens Boots Alliance (NASDAQ:WBA) last posted its earnings results on Thursday, January 4th. (NASDAQ:WBA) reported its EPS in the last quarter as $1.28/Share beating the analyst estimate of $1.26/Share by a difference of $0.02. Walgreens Boots Alliance had a net margin of 3.19% and a return on equity of 19.15%.

According to 12 analysts, the Average Revenue Estimate for the current Fiscal quarter is $34.14 Billion and the Low Revenue estimate is $32.78 Billion, while the High Revenue estimate is $35.94 Billion. Alpha Cubed Investments LLC boosted its position in shares of Walgreens Boots Alliance by 7.1% during the 1st quarter. This repurchase authorization permits the pharmacy operator to buy up to 5.9% of its shares through open market purchases. Through this figure traders can analyze that TRV show whether or not a stock now most active and standing in buying side or sell side. The shares were bought at an average cost of $76.07 per share, with a total value of $7,520,128.06. Shares buyback plans are usually a sign that the company's board believes its shares are undervalued. Stockholders of record on Thursday, February 15th will be paid a dividend of $0.40 per share. The ex-dividend date of this dividend is Wednesday, February 14th. This represents a $1.60 dividend on an annualized basis and a yield of 2.34%. Slightly noticeable ratio of firm is current ratio, which is standing at 1.00.

AmerisourceBergen "will nearly certainly be worth less when owned by Walgreens than it is as a stand-alone company", according to RBC Capital. (WBA) recently closed with fall of -8.56% to its 20-Day Simple Moving Average. Citigroup decreased their price target on Walgreens Boots Alliance from $95.00 to $81.00 and set a "buy" rating on the stock in a report on Thursday, November 2nd.

Analysts said any deal would not be a surprise, but it might cost Walgreens opportunities down the line as the company tries to keep pace with rival CVS Health.

Walgreens may also be looking to compete with Amazon, which has indicated an interest in the healthcare and pharmaceutical businesses. The Company's products are marketed under a number of brands, which include No7, the Botanics range, Almus (generic medicines), Boots Pharmaceuticals and Soap & Glory (bathing and beauty brand). The legal version of this article can be viewed at https://weekherald.com/2018/02/15/alta-capital-management-llc-purchases-76684-shares-of-walgreens-boots-alliance-inc-wba-5.html.

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