At the time of writing, Walmart Inc [WMT] stock is trading at $70.65, up 0.38%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The WMT shares have gain 0.94% over the last week, with a monthly amount glided 4.03%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Previously, Stifel reaffirmed its Hold rating on July 02, 2024, and elevated its price target to $71. On July 01, 2024, Deutsche Bank reiterated its Buy rating and revised its price target to $77 on the stock. JP Morgan upgraded its rating to a Overweight and increased its price target to $81 on June 10, 2024. Telsey Advisory Group reiterated its recommendation of a Outperform and raised its price target to $70 on May 17, 2024. Telsey Advisory Group reiterated a Outperform rating for this stock on February 21, 2024, and upped its price target to $205. In a note dated September 22, 2023, HSBC Securities initiated an Buy rating and provided a target price of $200 on this stock.
For the past year, the stock price of Walmart Inc fluctuated between $49.85 and $71.33. Currently, Wall Street analysts expect the stock to reach $108.48 within the next 12 months. Walmart Inc [NYSE: WMT] shares were valued at $70.65 at the most recent close of the market. An investor can expect a potential return of 53.55% based on the average WMT price forecast.
Analyzing the WMT fundamentals
According to Walmart Inc [NYSE:WMT], the company’s sales were 657.33B for trailing twelve months, which represents an 6.05% jump. Gross Profit Margin for this corporation currently stands at 0.24% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.23 and Total Capital is 0.17. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.56.
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 70.27 points at the first support level, and at 69.90 for the second support level. However, for the 1st resistance point, the stock is sitting at 70.86, and for the 2nd resistance point, it is at 71.08.
Ratios To Look Out For
It is important to note that Walmart Inc [NYSE:WMT] has a current ratio of 0.80. In addition, the Quick Ratio stands at 0.23 and the Cash Ratio stands at 0.1. Considering the valuation of this stock, the price to sales ratio is 0.86, the price to book ratio is 7.00 and price to earnings (TTM) ratio is 30.18.
Transactions by insiders
Recent insider trading involved Bartlett Daniel J, Executive Vice President, that happened on Jul 15 ’24 when 2398.0 shares were sold. Executive Vice President, Rainey John D completed a deal on Jul 01 ’24 to sell 25578.0 shares. Meanwhile, President and CEO McMillon C Douglas sold 29124.0 shares on Jun 27 ’24.
