Shares of Walmart Inc. (NYSE:WMT – Get Free Report) have received a consensus recommendation of “Buy” from the thirty-one analysts that are presently covering the firm, Marketbeat reports. One research analyst has rated the stock with a hold rating, twenty-nine have assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year price objective among brokers that have covered the stock in the last year is $103.20.
Several equities research analysts recently weighed in on the stock. Roth Mkm reaffirmed a “buy” rating and issued a $108.00 price objective (up previously from $97.00) on shares of Walmart in a report on Friday, February 21st. Citigroup reaffirmed a “positive” rating on shares of Walmart in a report on Thursday, February 20th. StockNews.com downgraded shares of Walmart from a “strong-buy” rating to a “buy” rating in a report on Wednesday, November 20th. Truist Financial upped their price target on shares of Walmart from $98.00 to $111.00 and gave the company a “buy” rating in a report on Tuesday, February 11th. Finally, UBS Group reissued a “buy” rating on shares of Walmart in a report on Friday, February 28th.
Get Our Latest Analysis on Walmart
Insiders Place Their Bets
Institutional Inflows and Outflows
Institutional investors have recently bought and sold shares of the company. Brophy Wealth Management LLC bought a new stake in Walmart during the third quarter valued at about $2,072,000. Candriam S.C.A. boosted its holdings in Walmart by 209.7% during the fourth quarter. Candriam S.C.A. now owns 885,008 shares of the retailer’s stock valued at $79,960,000 after acquiring an additional 599,257 shares during the period. Bank of New Hampshire boosted its holdings in Walmart by 13.7% during the fourth quarter. Bank of New Hampshire now owns 47,949 shares of the retailer’s stock valued at $4,332,000 after acquiring an additional 5,786 shares during the period. Modera Wealth Management LLC boosted its holdings in Walmart by 4.8% during the fourth quarter. Modera Wealth Management LLC now owns 203,150 shares of the retailer’s stock valued at $18,355,000 after acquiring an additional 9,292 shares during the period. Finally, Iowa State Bank grew its stake in shares of Walmart by 213.8% in the fourth quarter. Iowa State Bank now owns 26,807 shares of the retailer’s stock worth $2,422,000 after acquiring an additional 18,263 shares during the last quarter. Institutional investors own 26.76% of the company’s stock.
Walmart Stock Performance
Shares of WMT opened at $85.29 on Friday. Walmart has a 1 year low of $58.56 and a 1 year high of $105.30. The company has a market cap of $685.19 billion, a price-to-earnings ratio of 35.39, a price-to-earnings-growth ratio of 4.42 and a beta of 0.53. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.23 and a current ratio of 0.82. The firm has a fifty day moving average of $95.74 and a 200-day moving average of $88.80.
Walmart (NYSE:WMT – Get Free Report) last announced its quarterly earnings results on Thursday, February 20th. The retailer reported $0.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.64 by $0.02. The company had revenue of $180.55 billion during the quarter, compared to the consensus estimate of $178.83 billion. Walmart had a net margin of 2.85% and a return on equity of 21.87%. As a group, equities analysts anticipate that Walmart will post 2.55 earnings per share for the current year.
Walmart Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Monday, January 5th. Shareholders of record on Friday, December 12th will be given a $0.235 dividend. This represents a $0.94 annualized dividend and a yield of 1.10%. The ex-dividend date of this dividend is Friday, December 12th. Walmart’s payout ratio is currently 39.00%.
Walmart Company Profile
Walmart Inc engages in the operation of retail, wholesale, other units, and eCommerce 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.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.
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