Walmart Inc. (NYSE:WMT) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Walmart Inc. (NYSE:WMTGet Free Report) have been given an average rating of “Moderate Buy” by the thirty-one analysts that are presently covering the company, MarketBeat.com reports. Four investment analysts have rated the stock with a hold rating and twenty-seven have given a buy rating to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $179.75.

WMT has been the topic of several research reports. BMO Capital Markets dropped their price target on shares of Walmart from $180.00 to $175.00 and set an “outperform” rating on the stock in a research report on Friday, November 17th. Oppenheimer boosted their price target on Walmart from $175.00 to $185.00 and gave the company an “outperform” rating in a research note on Monday. Truist Financial boosted 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. StockNews.com lowered Walmart from a “strong-buy” rating to a “buy” rating in a report on Friday, November 17th. Finally, Stephens boosted their target price on Walmart from $185.00 to $190.00 and gave the stock an “overweight” rating in a report on Monday, November 13th.

Read Our Latest Research Report on Walmart

Walmart Trading Up 0.6 %

WMT opened at $170.30 on Thursday. The firm has a market capitalization of $458.49 billion, a P/E ratio of 28.24, a P/E/G ratio of 3.31 and a beta of 0.49. The firm’s 50 day moving average is $160.04 and its 200-day moving average is $160.41. Walmart has a 52-week low of $136.09 and a 52-week high of $170.66. The company has a quick ratio of 0.23, a current ratio of 0.85 and a debt-to-equity ratio of 0.49.

Walmart shares are set to split before the market opens on Monday, February 26th. The 3-1 split was announced on Tuesday, January 30th. The newly created shares will be payable to shareholders after the closing bell on Monday, February 26th.

Walmart (NYSE:WMTGet Free Report) last posted its earnings results on Thursday, November 16th. The retailer reported $1.53 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.53. The company had revenue of $160.80 billion for the quarter, compared to analysts’ expectations of $159.65 billion. Walmart had a return on equity of 21.20% and a net margin of 2.55%. The firm’s quarterly revenue was up 5.2% compared to the same quarter last year. During the same period last year, the business posted $1.50 earnings per share. Analysts expect that Walmart will post 6.46 EPS for the current fiscal year.

Insider Buying and Selling

In other news, Director S Robson Walton sold 221 shares of Walmart stock in a transaction dated Wednesday, December 6th. The stock was sold at an average price of $155.80, for a total transaction of $34,431.80. Following the transaction, the director now owns 231,379,740 shares in the company, valued at approximately $36,048,963,492. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other Walmart news, EVP John D. Rainey sold 1,000 shares of the business’s stock in a transaction that occurred on Thursday, February 1st. The stock was sold at an average price of $167.16, for a total transaction of $167,160.00. Following the transaction, the executive vice president now owns 176,871 shares of the company’s stock, valued at approximately $29,565,756.36. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director S Robson Walton sold 221 shares of the business’s stock in a transaction that occurred on Wednesday, December 6th. The stock was sold at an average price of $155.80, for a total value of $34,431.80. Following the transaction, the director now directly owns 231,379,740 shares in the company, valued at approximately $36,048,963,492. The disclosure for this sale can be found here. Insiders sold a total of 6,438,607 shares of company stock worth $1,008,963,347 over the last three months. 46.51% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in WMT. Kozak & Associates Inc. boosted its stake in Walmart by 1,490.0% in the 3rd quarter. Kozak & Associates Inc. now owns 159 shares of the retailer’s stock valued at $25,000 after purchasing an additional 149 shares during the period. Authentikos Wealth Advisory LLC bought a new stake in shares of Walmart during the 3rd quarter valued at $25,000. Partnership Wealth Management LLC bought a new stake in shares of Walmart during the 4th quarter valued at $30,000. Marquette Asset Management LLC bought a new stake in shares of Walmart during the 2nd quarter valued at $34,000. Finally, Signature Resources Capital Management LLC bought a new stake in shares of Walmart during the 4th quarter valued at $35,000. 33.18% of the stock is owned by institutional investors and hedge funds.

Walmart Company Profile

(Get Free Report

Walmart Inc engages in the operation of retail, wholesale, and other units worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com, walmart.com.mx, walmart.ca, flipkart.com, and samsclub.com; and mobile commerce applications.

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Analyst Recommendations for Walmart (NYSE:WMT)

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