Walgreens Boots Alliance Stock Z Score
| WBA Stock | USD 17.81 0.24 1.33% |
Walgreens | Z Score |
Walgreens Boots Alliance Company Z Score Analysis
Walgreens Boots' Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
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Walgreens Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for Walgreens Boots is extremely important. It helps to project a fair market value of Walgreens Stock properly, considering its historical fundamentals such as Z Score. Since Walgreens Boots' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Walgreens Boots' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Walgreens Boots' interrelated accounts and indicators.
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To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
| Competition |
As per the company's disclosures, Walgreens Boots Alliance has a Z Score of 0.0. This is 100.0% lower than that of the Consumer Staples Distribution & Retail sector and about the same as Consumer Staples (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.
Walgreens Boots ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Walgreens Boots' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Walgreens Boots' managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Walgreens Boots Institutional Holders
Institutional Holdings refers to the ownership stake in Walgreens Boots that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Walgreens Boots' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Walgreens Boots' value.| Shares | Charles Schwab Investment Management Inc | 2023-09-30 | 5.9 M | Ubs Asset Mgmt Americas Inc | 2023-12-31 | 5.6 M | Camber Capital Management Llc | 2023-09-30 | 5.2 M | Lsv Asset Management | 2023-12-31 | 4.5 M | Ubs Group Ag | 2023-09-30 | 4.4 M | Allianz Asset Management Ag | 2023-12-31 | 3.9 M | Goldman Sachs Group Inc | 2023-09-30 | 3.4 M | Dimensional Fund Advisors, Inc. | 2023-12-31 | 3.3 M | Jpmorgan Chase & Co | 2023-09-30 | 3.3 M | Vanguard Group Inc | 2023-09-30 | 86.7 M | Blackrock Inc | 2023-12-31 | 65.9 M |
Walgreens Fundamentals
| Return On Equity | -0.57 | ||||
| Return On Asset | 0.0112 | ||||
| Profit Margin | (0.04) % | ||||
| Operating Margin | 0.02 % | ||||
| Current Valuation | 51.4 B | ||||
| Shares Outstanding | 862.71 M | ||||
| Shares Owned By Insiders | 17.35 % | ||||
| Shares Owned By Institutions | 61.70 % | ||||
| Number Of Shares Shorted | 35.22 M | ||||
| Price To Earning | 8.10 X | ||||
| Price To Book | 1.14 X | ||||
| Price To Sales | 0.11 X | ||||
| Revenue | 139.08 B | ||||
| Gross Profit | 27.07 B | ||||
| EBITDA | (2.58 B) | ||||
| Net Income | (3.53 B) | ||||
| Cash And Equivalents | 2.48 B | ||||
| Cash Per Share | 2.87 X | ||||
| Total Debt | 33.53 B | ||||
| Debt To Equity | 1.20 % | ||||
| Current Ratio | 0.75 X | ||||
| Book Value Per Share | 15.63 X | ||||
| Cash Flow From Operations | 2.26 B | ||||
| Short Ratio | 3.38 X | ||||
| Earnings Per Share | (7.00) X | ||||
| Price To Earnings To Growth | 1.98 X | ||||
| Target Price | 22.71 | ||||
| Number Of Employees | 330 K | ||||
| Beta | 0.75 | ||||
| Market Capitalization | 15.42 B | ||||
| Total Asset | 96.63 B | ||||
| Retained Earnings | 33.06 B | ||||
| Working Capital | (9.03 B) | ||||
| Current Asset | 25.88 B | ||||
| Current Liabilities | 17.01 B | ||||
| Annual Yield | 0.06 % | ||||
| Five Year Return | 3.54 % | ||||
| Net Asset | 96.63 B | ||||
| Last Dividend Paid | 1.69 |
About Walgreens Boots Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Walgreens Boots Alliance's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Walgreens Boots using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Walgreens Boots Alliance based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Walgreens Boots Investors Sentiment
The influence of Walgreens Boots' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Walgreens. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Walgreens Boots' public news can be used to forecast risks associated with an investment in Walgreens. The trend in average sentiment can be used to explain how an investor holding Walgreens can time the market purely based on public headlines and social activities around Walgreens Boots Alliance. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Walgreens Boots' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Walgreens Boots' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Walgreens Boots' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Walgreens Boots.
Walgreens Boots Implied Volatility | 52.16 |
Walgreens Boots' implied volatility exposes the market's sentiment of Walgreens Boots Alliance stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Walgreens Boots' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Walgreens Boots stock will not fluctuate a lot when Walgreens Boots' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Walgreens Boots in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Walgreens Boots' short interest history, or implied volatility extrapolated from Walgreens Boots options trading.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Walgreens Boots Alliance offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Walgreens Boots' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Walgreens Boots Alliance Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Walgreens Boots Alliance Stock:Check out Walgreens Boots Piotroski F Score and Walgreens Boots Valuation analysis. Note that the Walgreens Boots Alliance information on this page should be used as a complementary analysis to other Walgreens Boots' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Walgreens Stock analysis
When running Walgreens Boots' price analysis, check to measure Walgreens Boots' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Walgreens Boots is operating at the current time. Most of Walgreens Boots' value examination focuses on studying past and present price action to predict the probability of Walgreens Boots' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Walgreens Boots' price. Additionally, you may evaluate how the addition of Walgreens Boots to your portfolios can decrease your overall portfolio volatility.
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Is Walgreens Boots' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Walgreens Boots. If investors know Walgreens will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Walgreens Boots listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.59) | Dividend Share 1.69 | Earnings Share (7.00) | Revenue Per Share 167.542 | Quarterly Revenue Growth 0.063 |
The market value of Walgreens Boots Alliance is measured differently than its book value, which is the value of Walgreens that is recorded on the company's balance sheet. Investors also form their own opinion of Walgreens Boots' value that differs from its market value or its book value, called intrinsic value, which is Walgreens Boots' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Walgreens Boots' market value can be influenced by many factors that don't directly affect Walgreens Boots' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Walgreens Boots' value and its price as these two are different measures arrived at by different means. Investors typically determine if Walgreens Boots is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Walgreens Boots' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.