What Technical Indicators Show About Walmart Inc. (WMT)?


Walmart Inc. (NYSE:WMT) finished Thursday with a subtraction of -$1.38 to close at $133.39, a downside of -1.02 percent. An average of 7,622,540 shares of common stock have been traded in the last five days. There was a fall of -$0.08 in the past week, and it reached a new high 18 times over the past 12 months. The last 20 days have seen an average of 6,542,080 shares traded, while the 50-day average volume stands at 8,446,118.

WMT stock has decreased by -0.46% in the last month. The company shares reached their 1-month lowest point of $130.59 on 08/29/22. With the stock rallying to its 52-week high on 04/21/22, shares of the company touched a low of $117.27 and a high of $160.77 in 52 weeks. It has reached a new high 17 times so far this year and lost -7.81% or -$11.30 in price. In spite of this, the price is down -17.03% from the 52-week high.

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Insider Transactions

29 days have passed since Walmart Inc. (WMT) last reported insider trading activity. WALTON S ROBSON, who is Director, most recently acquired $347,542 shares at $135.66 per share on Aug 25. In this transaction, the insider spent $47,145,880. 10% Owner, WALTON ALICE L, disposed of 347,542 shares at a price of $135.66 on Aug 25. The insider now owns more than $47,145,880 worth of shares. Prior to that, 10% Owner WALTON JIM C went on to Sale 347,542 shares at $135.66 each on Aug 25. An amount of $47,145,880 was transacted.

Valuation Metrics

Walmart Inc. (WMT) has a trailing price-to-earnings (P/E) ratio of 26.62. The stock’s beta is 0.53. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.62, the price-to-book (PB) ratio at 4.71.

The company has a payout ratio of 44.20%. The company’s most recent quarterly dividend payment was $0.56 a share, without any change from last year. Its latest increase dividend $0.01 reported on Friday February 18 2022.

Financial Health

The quick ratio of Walmart Inc. for the three months ended April 29 was 0.20, and the current ratio was 0.80, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.44 and a total debt to equity ratio of 0.65 for the quarter ending April 29. Its gross profit as reported stood at $143.75 billion compared to revenue of $572.75 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Walmart Inc.’s return on assets was 5.60%.

Earnings Surprise

For the three-month period that ended April 29, Walmart Inc. had $32.17 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $2.05 billion in the quarter, while revenues were grew 135.05%. The analyst consensus anticipated Walmart Inc.’s latest quarter earnings to come in at $1.48 per share, but it turned out to be $1.3, a -12.20% surprise. For the quarter, EBITDA amounted to $9.55 billion. Shareholders own equity worth $2.71 billion.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Walmart Inc. (WMT) price momentum. RSI 9-day as of the close on 22 September was 45.69%, suggesting the stock is Neutral, with historical volatility in this time frame at 15.38%.

As of today, WMT’s price is $133.85 -0.06% or -$0.08 from its 5-day moving average. WMT is currently trading -1.17% lower than its 20-day SMA and -12.81% lower than its 100-day SMA. However, the stock’s current price level is +6.40% above the SMA50 and -4.04% below the SMA200.

The stochastic %K and %D were 42.28% and 42.85%, respectively, and the average true range (ATR) was 2.56. With the 14-day stochastic at 35.46% and the average true range at 2.63, the RSI (14) stands at 48.77%. The stock has reached -0.64 on the 9-day MACD Oscillator while the 14-day reading was at -0.76.

Analyst Ratings

KeyBanc Capital Markets launched coverage on Walmart Inc. (NYSE: WMT) in its analyst report released on September 14, 2022. The firm assigned the stock an Overweight rating. The consensus rating for Walmart Inc. (WMT) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell WMT, while 10 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 6 analysts, while 22 others rate it as a “buy”.

What is WMT’s price target for the next 12 months?

Analysts predict a range of price targets between $130.00 and $165.00, with a median target of $153.00. Taking a look at these predictions, the average price target given by analysts for Walmart Inc. (WMT) stock is $151.24.


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