At the time of writing, Walmart Inc [WMT] stock is trading at $80.43, saw in change for the day. 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 0.64% over the last week, with a monthly amount glided 4.13%, 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.
For the past year, the stock price of Walmart Inc fluctuated between $49.85 and $81.60. Currently, Wall Street analysts expect the stock to reach $108.76 within the next 12 months. Walmart Inc [NYSE: WMT] shares were valued at $80.43 at the most recent close of the market. An investor can expect a potential return of 35.22% based on the average WMT price forecast.
Analyzing the WMT fundamentals
According to Walmart Inc [NYSE:WMT], the company’s sales were 665.03B for trailing twelve months, which represents an 4.77% jump. 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 80.00 points at the first support level, and at 79.56 for the second support level. However, for the 1st resistance point, the stock is sitting at 80.72, and for the 2nd resistance point, it is at 81.01.
Ratios To Look Out For
It is important to note that Walmart Inc [NYSE:WMT] has a current ratio of 0.80. As well, the Quick Ratio is 0.22, while the Cash Ratio is 0.09. Considering the valuation of this stock, the price to sales ratio is 0.97, the price to book ratio is 7.65 and price to earnings (TTM) ratio is 41.79.
Transactions by insiders
Recent insider trading involved Rainey John D, Executive Vice President, that happened on Oct 01 ’24 when 3000.0 shares were sold. President and CEO, McMillon C Douglas completed a deal on Sep 26 ’24 to sell 29124.0 shares. Meanwhile, Executive Vice President Furner John R. sold 13125.0 shares on Sep 26 ’24.
