Walgreens Boots Alliance Experiences Bearish Options Activity Ahead of Earnings Report

Walgreens Boots Alliance (WBA) has seen significant bearish sentiment, with 5,564 put options traded, exceeding expected volume by 1.7 times. The Put/Call Ratio stands at 5.68, indicating a stronger inclination towards puts. Investors are anticipating the company's earnings report on October 14. Analysts forecast an average target price of $11.67, with a high estimate of $15.00 and a low estimate of $8.50. The estimated GF Value is $23.93, suggesting a 107.1% upside from the current price.

Walgreens Boots Alliance (WBA) has experienced notable bearish sentiment, with 5,564 put options traded, exceeding the expected volume by 1.7 times. This significant activity indicates a strong inclination towards puts, as the Put/Call Ratio stands at 5.68. Investors are closely monitoring the company's earnings report scheduled for October 14.

Analysts have offered varying price targets for WBA. The average one-year price target is $11.67, with a high estimate of $15.00 and a low estimate of $8.50. This average target implies a potential upside of 0.99% from the current price of $11.56. Additionally, GuruFocus estimates that the GF Value for WBA in one year is $23.93, suggesting a substantial upside of 107.1% from the current price of $11.555.

The consensus recommendation from brokerage firms is "Hold," with an average recommendation score of 2.9, indicating cautious optimism. This rating scale ranges from 1 to 5, where 1 signifies a Strong Buy, and 5 denotes a Sell.

Investors should closely follow WBA's earnings report and any subsequent developments, as the current market sentiment and analyst forecasts suggest both risks and potential opportunities.

References:
[1] https://www.gurufocus.com/news/2998381/walgreens-boots-alliance-wba-sees-significant-bearish-activity-in-options-market-wba-stock-news
[2] https://www.ainvest.com/news/whale-moves-alphabet-210-call-energy-spdr-75-put-major-open-interest-surges-2507/
[3] https://www.ainvest.com/news/cvs-health-upgraded-strong-garp-pick-2507/
[4] https://www.gurufocus.com/news/2999352/live-oak-bancshares-lob-surpasses-q2-revenue-expectations-lob-stock-news