Boots parent company posts 22% drop in quarterly profit

Boots parent company posts 22% drop in quarterly profit

The stock traded as low as $70.73 and last traded at $73.01. The stock had previously closed at $71.60.

Analysts await Alkermes plc (NASDAQ:ALKS) to report earnings on February, 21.

The initial exchange price will be set at a 30% premium to the reference share price that will be based on the arithmetic average of the daily volume-weighted average prices of a Share on the Swiss Stock Exchange over a period of 5 consecutive trading days commencing on 5 January 2018, subject as provided in the terms and conditions of the Bonds. H.C. Wainwright initiated the shares of ITEK in report on Tuesday, September 20 with "Buy" rating. A 11 analysts rate it as either a buy or a strong buy, while1 believe that investors should either steer clear of KO or, if they already own its stock, sell it. Canaccord Genuity has "Buy" rating and $20 target. The company has a current ratio of 0.96, a quick ratio of 0.47 and a debt-to-equity ratio of 0.48.

Walgreens Boots Alliance (NASDAQ:WBA) last posted its earnings results on Thursday, January 4th. The pharmacy operator reported $1.31 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.21 by $0.10. Walgreens Boots Alliance had a net margin of 3.45% and a return on equity of 18.36%.

At the same time, Walgreens' net sales increased 7.9 percent to $30.7 billion. The current ESP growth this year comes in at -1.10%, supporting the 12.38 number. Investors who observing the volume trend of Walgreens Boots Alliance, Inc.

Several other institutional investors have also bought shares of the company. The ex-dividend date of this dividend is Monday, February 13th. WBA attains analyst recommendation of 2.20 with week's performance of -1.73%. Walgreens Boots Alliance's payout ratio is 42.33%.

Leveraging its scale and business values as well as the strong CSR heritage of its legacy companies, Walgreens Boots Alliance made significant strides during fiscal 2017, hitting important milestones and setting out new commitments within its 12 CSR goals. The co's performance for 6 months was reduced of -7.87%, 1-year performance stands at -13.71% and year to date showing slashed performance of -1.40%. Following the completion of the purchase, the director now owns 50,000 shares of the company's stock, valued at $3,350,000.

On 5/3/2017 William C Foote, Director, sold 2,736 with an average share price of $85.89 per share and the total transaction amounting to $234,995.04. Following the acquisition, the director now directly owns 50,000 shares of the company's stock, valued at approximately $3,350,000. The disclosure for this purchase can be found here.

Walgreens Boots Alliance, Inc. operates as a pharmacy-led health and wellbeing company. The firm owned $19.77 million shares of the company's stock after selling 338535 shares during the period. Finally, Northern Capital Management LLC grew its stake in Walgreens Boots Alliance by 0.4% in the second quarter. The stock ended last trade at 71.60 a share and the price is up more than -1.40% so far this year.

Walgreens Boots Alliance, Inc (Walgreens Boots Alliance) is a holding company.

On a weekly basis, the stock is 3.02%.

ILLEGAL ACTIVITY NOTICE: "Walgreens Boots Alliance (WBA) Stock Price Down 2%" was reported by Marea Informative and is owned by of Marea Informative. If you are viewing this report on another site, it was illegally copied and republished in violation of United States and global copyright and trademark legislation. The original version of this story can be viewed at http://www.mareainformativa.com/walgreens-boots-alliance-wba-stock-price-down-2/122525/. Of the analysts surveyed by Reuters that track Walgreens Boots Alliance, Inc.

Alkermes plc, a biopharmaceutical company, researches, develops, and commercializes pharmaceutical products that are created to address unmet medical needs of patients in various therapeutic areas worldwide.

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