The stock of Walmart Inc. (NYSE:WMT) increased by $0.71 on Monday to $158.53, up 0.45 percent. The last five days have seen an average of 3,962,516 shares of common stock traded. 29 times new highs were reached in the current year, with a gain of $16.50. The average number of shares traded over the last 20 days was 5,646,879, while the average volume over the last 50 days totaled 5,352,758.
WMT stock dropped -0.86% since last month. On 08/17/23, the company’s shares reached a one-month low of $155.02. The stock touched a high of $162.78 on 08/14/23, after rallying from a low of $128.07 in 52 weeks. The price of WMT stock has risen by 11.81% or $16.50 this year, reaching a new high 29 times. Still, the stock price is down -2.61% from the 52-week high.
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Insider Transactions
WMT stock investors should be aware that Walmart Inc. (WMT) stock had its last reported insider trading activity 27 days ago on Aug 01. On Aug 01, Executive Vice President Rainey John D sold 1,000 shares at $159.48 each. This transaction resulted in the insider making $159,477. On Jul 27, McMillon C Douglas sold 9,708 shares at a price of US$159.58. After the transaction, the insider now owns 1,480,924 shares. Executive Vice President Furner John R. had earlier sold 4,375 shares on Jul 26 for $159.24 a share. The transaction was completed for $696,675.
Valuation Metrics
Walmart Inc. (WMT) has a trailing price-to-earnings (P/E) ratio of 30.53. Beta for the stock is 0.50. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 0.67, the price-to-book (PB) ratio of 5.90, and the price-to-cash flow ratio of 35.41.
Company paid $0.57 per share in dividends, remained unchanged from $0.57 last year.
Financial Health
For the three months ended July 30, Walmart Inc.’s quick ratio was 0.20, while its current ratio was 0.80, indicating its inability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending July 30 is 0.60, and the total debt to equity ratio is 0.68. As far as profitability goes, gross margin for the trailing twelve months is 24.20% percent. Walmart Inc.’s EBITDA margin for the year ended July 30 was 5.80%, whereas its operating margin stood at 3.30% for the same period. Based on annual data, it had gross profit of $147.57 billion and revenue of $611.29 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. WMT’s return on assets (ROA) during the last 12 months has been 4.80%. There was a 12.10% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 15.60%.
Earnings Surprise
According to Walmart Inc.’s quarterly financial report for the quarter that ended July 30. A lower net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $152.3 billion, while revenues rose by 7.05% to $137.85 billion. It was predicted that Walmart Inc.’s quarterly earnings would be $1.84, but it ended up being $1.7, beating the consensus by 8.20%. EBITDA was $9.09 billion for the quarter. At the end of Walmart Inc.’s most recent quarter ended July 30, its liabilities totaled 165.82 billion, while its total debt was $64.8 billion. Equity owned by shareholders amounts to $2.69 billion.
Technical Picture
Here’s a quick look at Walmart Inc.’s (WMT) price momentum from a technical perspective. As of 25 August, the RSI 9-day stood at 50.42%, suggesting the stock is Neutral, with a 15.71% historical volatility rate.
The stochastic %K and %D were 34.10% and 32.40% respectively, while the average true range (ATR) was 2.15. Based on the 14-day stochastic reading of 42.11%, the RSI (14) reading is 50.98%. On the 9-day MACD Oscillator, the stock is at 0.05, and the 14-day reading is at -0.91.
Analyst Ratings
In a note to investors, RBC Capital Mkts maintained its an Outperform rating on Walmart Inc. (NYSE: WMT). However, the firm raised their price target to $168, indicating a possible increase of 3.92% in the stock price. Analysts have assigned Walmart Inc. (WMT) an Overweight rating. WMT is a stock that is recommended for selling by 0 brokerage firms, while 6 companies recommend holding. The stock is underweighted by 1 analyst. Among the analysts who rate the stock, 5 rates it overweight and 27 others recommend it as a buy.
What is WMT’s price target for the next 12 months?
The current consensus forecast for the stock is between $163.00 and $210.00, with a median target price of $179.50. In analyzing these forecasts, the average price target given by analysts for Walmart Inc. (WMT) is $178.03.
