Walmart Inc [WMT] stock prices are up 0.09% to $175.56 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The WMT shares have gain 3.70% over the last week, with a monthly amount glided 9.38%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Walmart Inc [NYSE: WMT] stock has seen the most recent analyst activity on February 21, 2024, when Telsey Advisory Group reiterated its Outperform rating and also boosted its price target to $205 from $185. Previously, HSBC Securities started tracking the stock with Buy rating on September 22, 2023, and set its price target to $200. On August 18, 2023, RBC Capital Mkts reiterated its Outperform rating and revised its price target to $168 on the stock. Credit Suisse reiterated its Outperform rating and increased its price target to $180 on August 11, 2023. Wells Fargo reiterated its recommendation of a Overweight and raised its price target to $175 on August 09, 2023. Piper Sandler upgraded its rating to Overweight for this stock on July 25, 2023, and upped its price target to $210. In a note dated June 12, 2023, Exane BNP Paribas initiated an Outperform rating and provided a target price of $186 on this stock.
The stock price of Walmart Inc [WMT] has been fluctuating between $136.09 and $181.35 over the past year. Currently, Wall Street analysts expect the stock to reach $165.83 within the next 12 months. Walmart Inc [NYSE: WMT] shares were valued at $175.56 at the most recent close of the market. An investor can expect a potential drop of -5.54% based on the average WMT price forecast.
Analyzing the WMT fundamentals
The Walmart Inc [NYSE:WMT] reported sales of 648.12B for trailing twelve months, representing a surge of 5.69%. Gross Profit Margin for this corporation currently stands at -0.03% with Operating Profit Margin at -0.22%, Pretax Profit Margin comes in at -0.24%, and Net Profit Margin reading is -0.51%. To continue investigating profitability, this company’s Return on Assets is posted at -1.53, Equity is -2.61 and Total Capital is -22.65. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-6.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 174.70 points at the first support level, and at 173.83 for the second support level. However, for the 1st resistance point, the stock is sitting at 177.04, and for the 2nd resistance point, it is at 178.51.
Walmart Inc [WMT] reported earnings per share of $1.8 for its fiscal quarter that ended on 1/30/2024. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $1.64/share, meaning a difference of $0.16 and a surprise factor of 9.80%. By comparison, the stated earnings for the previous quarter ended on 10/30/2023 were $1.53 per share as compared to estimates of $1.52 per share, a difference of $0.01 representing a surprise of 0.70%.
Ratios To Look Out For
It’s worth pointing out that Walmart Inc [NYSE:WMT]’s Current Ratio is 0.83. As well, the Quick Ratio is 0.24, while the Cash Ratio is 0.05. Considering the valuation of this stock, the price to sales ratio is 0.73, the price to book ratio is 5.95 and price to earnings (TTM) ratio is 30.61.
Transactions by insiders
Recent insider trading involved WALTON JIM C, 10% Owner, that happened on Feb 23 when 4.9 million shares were sold. 10% Owner, WALTON ALICE L completed a deal on Feb 23 to sell 4.9 million shares. Meanwhile, Director WALTON S ROBSON sold 4.9 million shares on Feb 23.
