MarketBeat Ratings reports that shares of Walmart Inc. (NYSE:WMT – Get Free Report) receive an average recommendation of “Moderate Buy” from the 31 brokerages that cover the company. There is. 4 investment analysts have rated the stock as a “hold” and 27 have rated it a “buy”. The average one-year price target by analysts who have covered this stock in the last year is $179.00.
Several research companies have recently begun considering WMT. Trust Financial upped their target price on Walmart from $168.00 to $170.00 and gave the stock a “hold” rating in a report on Friday, November 17th. KeyCorp increased their target price on Walmart from $175.00 to $177.00 and gave the company an “overweight” rating in a report on Friday, August 18th. Morgan Stanley lowered their target price on Walmart from $170.00 to $168.00 and gave the company an “overweight” rating in a report on Friday, November 17th. Credit Suisse Group increased their target price on Walmart from $170.00 to $180.00 and gave the company an “outperform” rating in a report on Friday, August 11th. Finally, Piper Sandler reaffirmed an “overweight” rating and set a $210.00 target price on shares of Walmart in a report on Wednesday, September 27th.
Get the latest stock report on Walmart
Insider buying and selling
In related news, Director S Robson Walton sold 489,331 shares of the company’s stock in a transaction that occurred on Friday, November 24th. The shares were sold at an average price of $155.54, for a total transaction of $76,110,543.74. Following the transaction, the director now directly owns 232,341,561 shares of the company’s stock, valued at approximately $36,138,406,397.94. The transaction was disclosed in his SEC filing, which can be accessed through this link. In other news, Director S Robson Walton sold 489,331 shares of the stock in a transaction that occurred on Friday, November 24th. The stock was sold at an average price of $155.54, for a total value of $76,110,543.74. Upon completion of the sale, the directors will directly own 232,341,561 shares of the company’s stock, valued at $36,138,406,397.94. The sale was disclosed in a document filed with the SEC, which can be accessed on the SEC’s website. Also, majority shareholder Jim C. Walton sold 90,436 shares of the company’s stock in a transaction on Monday, November 20th. The stock was sold at an average price of $155.90, for a total value of $14,098,972.40. Following the completion of the sale, the insider now directly owns 234,917,525 shares of the company’s stock, valued at $36,623,642,147.50. Disclosures regarding this sale can be found here. In the last three months, insiders have sold 2,223,489 shares of company stock, valued at $346,566,109. 46.51% of the stock is owned by company insiders.
Hedge funds influence Walmart
Institutional investors have recently made changes to their holdings in the business. Bank Julius Baer & Co. Ltd Zurich increased his holdings in Walmart by 93,272.8% in the 2nd quarter. Bank Julius Baer & Co. Ltd Zurich now owns 821,003,685 shares of the company’s stock worth $129,045,359,000 after purchasing an additional 820,124,410 shares during the period. Moneta Group Investment Advisors LLC increased its holdings in shares of Walmart by 112,181.6% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 22,854,919 shares of the company’s stock valued at $3,240,599,000 after purchasing an additional 22,834,564 shares during the period. Norges Bank purchased a new position in Walmart during the 4th quarter valued at $2,598,736,000. Providence Capital Advisors LLC increased its holdings in shares of Walmart by 1,164,937.0% in the 1st quarter. Providence Capital Advisors LLC now owns 4,718,400 shares of the company’s stock valued at $32 million after purchasing an additional 4,717,995 shares during the period. Finally, Boston Partners increased its holdings in shares of Walmart by 7,546.2% in the 1st quarter. Boston Partners now owns 3,166,995 shares of the company’s stock worth $467,747,000 after purchasing an additional 3,125,576 shares during the period. 33.18% of the stock is held by institutional investors.
Walmart inventory increase 0.9%
WMT stock opened Friday at $156.05. The company has a quick ratio of 0.23, a current ratio of 0.85, and a debt-to-equity ratio of 0.49. His 50 day moving average price for this company is $161.28 and his 200 day moving average price is $157.91. The company has a market capitalization of $420.02 billion, a price-to-earnings ratio of 25.88x, a P/E ratio of 3.28x, and a beta of 0.53x. Walmart’s lowest price in the last 12 months was $136.09 and the highest price in the last 12 months was $169.94.
Walmart (NYSE:WMT – Get Free Report) last posted its earnings results on Thursday, November 16th. The company reported his EPS of $1.53 for the quarter, compared to the consensus estimate of $1.53. Walmart’s return on equity was 21.20% and its net profit margin was 2.55%. The company had revenue of $160.8 billion for the quarter, compared to the consensus estimate of $159.65 billion. In the same period last year, the company’s EPS was $1.50. The company’s revenue for the quarter increased 5.2% compared to the same period last year. Analysts expect Walmart’s EPS for the current fiscal year to be 6.45.
walmart company profile
(Get your free report
Walmart Inc is engaged in retail, wholesale, and other segment operations throughout the world. The company operates through three segments: Walmart US, Walmart International, and Sam’s Club. The company operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash-and-carry stores, and discount stores under the Walmart and Walmart Neighborhood Market brands. A members-only warehouse club. E-commerce websites such as walmart.com, walmart.com.mx, walmart.ca, flipkart.com, and samsclub.com. and mobile commerce applications.
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