Walmart Inc [WMT] stock prices are up 0.60% to $85.50 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The WMT shares have gain 2.47% over the last week, with a monthly amount glided 4.72%, 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 October 22, 2024, when Bernstein initiated its Outperform rating and assigned the stock a price target of $95. Previously, Oppenheimer reaffirmed its Outperform rating on October 14, 2024, and elevated its price target to $90. On October 08, 2024, Telsey Advisory Group reiterated its Outperform rating and revised its price target to $92 on the stock. Truist upgraded its rating to a Buy and increased its price target to $89 on September 24, 2024. Telsey Advisory Group reiterated its recommendation of a Outperform and raised its price target to $82 on August 16, 2024. In a note dated July 02, 2024, Stifel reiterated an Hold rating on this stock and boosted its target price from $69 to $71.
The stock price of Walmart Inc [WMT] has been fluctuating between $49.85 and $85.54 over the past year. Currently, Wall Street analysts expect the stock to reach $106.93 within the next 12 months. Walmart Inc [NYSE: WMT] shares were valued at $85.50 at the most recent close of the market. An investor can expect a potential return of 25.06% 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 84.92 points at the first support level, and at 84.33 for the second support level. However, for the 1st resistance point, the stock is sitting at 85.94, and for the 2nd resistance point, it is at 86.37.
Ratios To Look Out For
It’s worth pointing out that Walmart Inc [NYSE:WMT]’s Current Ratio is 0.80. Further, the Quick Ratio stands at 0.22, while the Cash Ratio is 0.09. Considering the valuation of this stock, the price to sales ratio is 1.03, the price to book ratio is 8.14 and price to earnings (TTM) ratio is 44.42.
Transactions by insiders
Recent insider trading involved Rainey John D, Executive Vice President, that happened on Nov 01 ’24 when 3000.0 shares were sold. President and CEO, McMillon C Douglas completed a deal on Oct 24 ’24 to sell 29124.0 shares. Meanwhile, Executive Vice President Furner John R. sold 13125.0 shares on Oct 24 ’24.