As of Wednesday close, Walmart Inc.’s (NYSE:WMT) stock was up $1.15, moving up 0.72 percent to $161.20. The average number of shares traded per day over the past five days has been 4,122,720 shares. 3 times new highs have been achieved over the past 5 days, with a $3.10 gain in that time frame. In the last twenty days, the average volume was 5,794,220, while in the previous 50 days, it was 5,210,108.
Since last month, WMT stock rose 1.31%. Shares of the company fell to $155.02 on 08/17/23, the lowest level in the past month. A 52-week high of $162.78 was reached on 08/14/23 after having rallying from a 52-week low of $128.07. Since the beginning of this year, WMT’s stock price has risen by 13.69% or $19.41, and marked a new high 29 times. However, the stock has declined by -0.97% since its 52-week high.
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WMT stock investors should be aware that Walmart Inc. (WMT) stock had its last reported insider trading activity 30 days ago on Aug 01. Rainey John D, the Executive Vice President of the company, disposed of 1,000 shares for $159.48 on Aug 01. It resulted in a $159,477 divestment by the insider. McMillon C Douglas sold 9,708 shares at an average price of $159.58 on Jul 27. The insider now owns 1,480,924 shares following the transaction. On Jul 26, Executive Vice President Furner John R. sold 4,375 shares at $159.24 apiece. The transaction was valued at $696,675.
Valuation Metrics
Right now, Walmart Inc. (WMT) has a P/E ratio of about 31.04. The stock’s beta is 0.50. Besides these, the trailing price-to-sales (P/S) ratio of 0.68, the price-to-book (PB) ratio of 6.00, and the price-to-cash flow ratio of 36.01 may also be considered.
The latest dividend of $0.57 per share was paid out, remained unchanged from last year’s $0.57.
Financial Health
In the three months ended July 30, Walmart Inc.’s quick ratio stood at 0.20, while its current ratio was 0.80, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending July 30 was 0.60, and the total debt-to-equity ratio was 0.68. On the profitability front, the trailing twelve-month gross margin is 24.20% percent. In the year ended July 30, EBITDA margin amounted to 5.80%, whereas operating margins totaled 3.30%. Based on annual data, WMT earned $147.57 billion in gross profit and brought in $611.29 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 12.10%. Return on equity (ROE) for the past 12 months was 15.60%.
In Walmart Inc.’s quarter-end financial report for July 30, it reported total debt of $38.12 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. WMT’s revenue rose 7.05% to $137.85 billion during the quarter, while net income inched up to $152.3 billion. While analysts expected Walmart Inc. to report $1.7 quarterly earnings, the actual figure was $1.84 per share, beating the consensus estimate by 8.20%. During the quarter, the company generated $9.09 billion in EBITDA. The liabilities of Walmart Inc. were 165.82 billion at the end of its most recent quarter ended July 30, and its total debt was $64.8 billion. The value of shareholders’ equity is $2.69 billion.
Technical Picture
This quick technical analysis looks at Walmart Inc.’s (WMT) price momentum. With a historical volatility rate of 9.85%, the RSI 9-day stood at 64.37% on 30 August.
With respect to its five-day moving average, the current Walmart Inc. price is up by +1.96% percent or $3.10. At present, WMT shares trade +1.24% above its 20-day simple moving average and +6.90% percent above its 100-day simple moving average. However, the stock is currently trading approximately +4.57% above its SMA50 and +13.23% above its SMA200.
Stochastic coefficient K was 64.05% and Stochastic coefficient D was 49.84%, while ATR was 2.01. Given the Stochastic reading of 79.64% for the 14-day period, the RSI (14) reading has been calculated as 60.59%. As of today, the MACD Oscillator reading stands at 1.63, while the 14-day reading stands at 1.38.
Analyst Ratings
RBC Capital Mkts reiterated its an Outperform rating on Walmart Inc. (NYSE: WMT) in a note to investors. The analysts firm has however raised their price target to $168, representing a possible 2.3% increase in the stock price. Walmart Inc. (WMT) has been rated Overweight by analysts. According to 0 brokerage firms, WMT is a sell, and 6 firms recommend it is a Hold. There are 1 analyst who say the stock is underweight. A total of 5 analysts rate Walmart Inc. stock as buy, with 27 recommending it as overweight.
With a median target price of $179.50, the current consensus forecast for the stock is $163.00 – $210.00. Based on these forecasts, analysts predict Walmart Inc. (WMT) will achieve an average price target of $178.03.
