Walmart Inc [WMT] stock prices are down -0.07% to $76.08 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The WMT shares have gain 1.12% over the last week, with a monthly amount glided 9.96%, 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 August 16, 2024, when Telsey Advisory Group reiterated its Outperform rating and also boosted its price target to $82 from $75. On July 02, 2024, Stifel reiterated its Hold rating and revised its price target to $71 on the stock. Deutsche Bank reiterated its Buy rating and increased its price target to $77 on July 01, 2024. JP Morgan upgraded its rating to a Overweight and raised its price target to $81 on June 10, 2024. Telsey Advisory Group reiterated a Outperform rating for this stock on May 17, 2024, and upped its price target to $70. In a note dated February 21, 2024, Telsey Advisory Group reiterated an Outperform rating on this stock and boosted its target price from $185 to $205.
The stock price of Walmart Inc [WMT] has been fluctuating between $49.85 and $76.45 over the past year. Currently, Wall Street analysts expect the stock to reach $108.4 within the next 12 months. Walmart Inc [NYSE: WMT] shares were valued at $76.08 at the most recent close of the market. An investor can expect a potential return of 42.48% based on the average WMT price forecast.
Analyzing the WMT fundamentals
The Walmart Inc [NYSE:WMT] reported sales of 665.03B for trailing twelve months, representing a surge of 4.77%. Gross Profit Margin for this corporation currently stands at 0.25% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.19 and Total Capital is 0.18. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.5.
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 75.78 points at the first support level, and at 75.48 for the second support level. However, for the 1st resistance point, the stock is sitting at 76.40, and for the 2nd resistance point, it is at 76.73.
Ratios To Look Out For
It’s worth pointing out that Walmart Inc [NYSE:WMT]’s Current Ratio is 0.80. On the other hand, the Quick Ratio is 0.22, and the Cash Ratio is 0.09. Considering the valuation of this stock, the price to sales ratio is 0.92, the price to book ratio is 7.53 and price to earnings (TTM) ratio is 39.53.
Transactions by insiders
Recent insider trading involved McMillon C Douglas, President and CEO, that happened on Aug 22 ’24 when 29124.0 shares were sold. Executive Vice President, Furner John R. completed a deal on Aug 22 ’24 to sell 13125.0 shares. Meanwhile, Executive Vice President Bartlett Daniel J sold 2250.0 shares on Aug 15 ’24.
