A Technical View of the Walmart Inc. (WMT)


Walmart Inc. (NYSE:WMT) saw an upside of 0.27% to close Tuesday at $143.02 after adding $0.38 on the day. The 5-day average trading volume is 6,424,860 shares of the company’s common stock. It has gained $159.88 in the past week and touched a new high 2 times within the past 5 days. An average of 5,047,340 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 6,574,016.

WMT’s 1-month performance is -1.49% or -$0.75 on its low of $138.17 reached on 01/20/23. The company’s shares have touched a 52-week low of $117.27 and high of $160.77, with the stock’s rally to the 52-week high happening on 01/24/23. YTD, WMT has achieved 0.87% or $1.23 and has reached a new high 6 times. However, the current price is down -11.04% from the 52-week high price.

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Insider Transactions

WMT stock investors last saw insider trading activity on Dec 23.WALTON S ROBSON (Director) most recently sold 350,000 shares at $143.31 per share on Dec 23. This transaction cost the insider $50,158,684. 10% Owner, WALTON JIM C, sold 350,000 shares at a price of $143.31 on Dec 23. Then, on Dec 23, 10% Owner WALTON ALICE L sold 350,000 shares at a price of $143.31 per share. This transaction amounted to $50,158,684.

Valuation Metrics

WMT stock has a beta of 0.53. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.63 while the price-to-book (PB) in the most recent quarter is 5.37, with the price to cash flow ratio at 431.00.

Walmart Inc.’s quick ratio for the period ended October 30 was 0.20, with the current ratio over the same period at 0.90. As well, the company’s long term debt to equity for the quarter ending October 30 was 0.53, while the total debt to equity was 0.71.. In terms of profitability, the gross margin trailing 12 months is 24.40%. The firm’s gross profit as reported stood at $143.75 billion against revenue of $572.75 billion.

Earnings Surprise

For the quarterly period ending October 30 this year, Net income and sales went down compared to those figures reported in the previous quarter. Net income grew 337.82% to -$1.8 billion, while revenue of $2.05 billion was 214.24% off the previous quarter. Analysts expected WMT to announce $1.32 per share in earnings in its latest quarter, but it posted $1.5, representing a 13.60% surprise. EBITDA for the quarter stood at more than $5.45 billion. WMT stock balance sheet for the quarter ending October 30 shows that total liabilities totaled 167.53 billion, with total debt at $68.01 billion. Shareholders hold equity totaling $2.7 billion.

Let’s look briefly at Walmart Inc. (WMT) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 24 January was 48.92% to suggest the stock is trending Neutral, with historical volatility in this time period at 19.75%.

The stock’s 5-day moving average is $141.17, reflecting a -0.96% or -$1.39 change from its current price. WMT is currently trading -0.32% above its 20-day SMA, +7.96% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +2.55% and SMA200 by-7.72%.

Stochastic %K and %D was 30.98% and 21.53% and the average true range (ATR) pointed at 4.26. The RSI (14) points at 47.80%, while the 14-day stochastic is at 22.34% with the period’s ATR at 3.59. The stock’s 9-day MACD Oscillator is pointing at -0.88 and -1.51 on the 14-day charts.

Analyst Ratings

Analysts offering their rating for WMT stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate WMT as a “sell,”, while 10 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 7 rates the stock as overweight while 23 have offered a “buy” rating.

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

Analysts have a consensus price target ranging from a low of $133.00 and a high of $175.00, with their median price target at $162.00. Looking at these predictions, the average price target given by analysts is for Walmart Inc. (WMT) stock is $160.69.


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