Walmart Inc [WMT] stock prices are up 0.90% to $81.40 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 3.00% over the last week, with a monthly amount glided 7.06%, 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 September 24, 2024, when Truist upgraded its rating to a Buy and also boosted its price target to $89 from $76. Previously, Telsey Advisory Group reaffirmed its Outperform rating on August 16, 2024, and elevated its price target to $82. Stifel reiterated its Hold rating and increased its price target to $71 on July 02, 2024. Deutsche Bank reiterated its recommendation of a Buy and raised its price target to $77 on July 01, 2024. JP Morgan upgraded its rating to Overweight for this stock on June 10, 2024, and upped its price target to $81. In a note dated May 17, 2024, Telsey Advisory Group reiterated an Outperform rating on this stock and boosted its target price from $68 to $70.
The stock price of Walmart Inc [WMT] has been fluctuating between $49.85 and $81.02 over the past year. Currently, Wall Street analysts expect the stock to reach $108.76 within the next 12 months. Walmart Inc [NYSE: WMT] shares were valued at $81.40 at the most recent close of the market. An investor can expect a potential return of 33.61% 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.5.
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 80.85 points at the first support level, and at 80.31 for the second support level. However, for the 1st resistance point, the stock is sitting at 81.77, and for the 2nd resistance point, it is at 82.15.
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 0.98, the price to book ratio is 7.75 and price to earnings (TTM) ratio is 42.29.
Transactions by insiders
Recent insider trading involved C. Douglas McMillon, Executive Officer, that happened on Sep 26 ’24 when 87372.0 shares were purchased. 10% Owner, WALTON S ROBSON completed a deal on Sep 17 ’24 to sell 1.8 million shares. Meanwhile, 10% Owner WALTON S ROBSON sold 0.36 million shares on Sep 19 ’24.
