Walmart (NYSE:WMT) Stock Price Up 2.1% – Should You Buy?

by · The Cerbat Gem

Shares of Walmart Inc. (NYSE:WMT – Get Free Report) traded up 2.1% during mid-day trading on Wednesday . The stock traded as high as $109.59 and last traded at $109.2080. 17,766,500 shares changed hands during trading, a decline of 4% from the average session volume of 18,575,391 shares. The stock had previously closed at $107.00.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the stock. Telsey Advisory Group boosted their price objective on shares of Walmart from $118.00 to $130.00 and gave the stock an “outperform” rating in a research note on Friday, November 21st. Bank of America boosted their price target on Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a research report on Wednesday, September 17th. UBS Group reiterated a “buy” rating on shares of Walmart in a research note on Friday, November 14th. Morgan Stanley reissued an “overweight” rating and set a $125.00 price target (up from $115.00) on shares of Walmart in a research report on Friday, November 21st. Finally, BTIG Research restated a “buy” rating and issued a $125.00 price target (up from $120.00) on shares of Walmart in a report on Friday, November 21st. Thirty-one research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $118.55.

Check Out Our Latest Research Report on Walmart

Walmart Price Performance

The stock has a 50 day moving average of $103.60 and a 200-day moving average of $100.03. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79. The company has a market cap of $870.70 billion, a PE ratio of 41.06, a price-to-earnings-growth ratio of 4.83 and a beta of 0.67.

Walmart (NYSE:WMT – Get Free Report) last announced its quarterly earnings data on Thursday, November 20th. The retailer reported $0.62 earnings per share for the quarter, beating analysts’ consensus estimates of $0.60 by $0.02. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The business had revenue of $179.50 billion for the quarter, compared to analyst estimates of $175.15 billion. During the same period in the prior year, the company earned $0.58 earnings per share. The company’s revenue was up 5.8% on a year-over-year basis. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. Equities analysts predict that Walmart Inc. will post 2.55 earnings per share for the current year.

Insider Transactions at Walmart

In other Walmart news, EVP Daniel J. Bartlett sold 1,630 shares of Walmart stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $102.58, for a total transaction of $167,205.40. Following the completion of the transaction, the executive vice president owned 642,788 shares in the company, valued at approximately $65,937,193.04. This trade represents a 0.25% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP John R. Furner sold 13,125 shares of the business’s stock in a transaction dated Thursday, November 20th. The shares were sold at an average price of $104.75, for a total value of $1,374,843.75. Following the completion of the transaction, the executive vice president directly owned 879,815 shares of the company’s stock, valued at approximately $92,160,621.25. This trade represents a 1.47% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 151,013 shares of company stock valued at $15,616,747. 0.10% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Walmart

Several hedge funds have recently bought and sold shares of WMT. Collier Financial purchased a new stake in shares of Walmart during the 3rd quarter worth about $25,000. Access Investment Management LLC purchased a new position in Walmart during the second quarter worth approximately $26,000. Your Advocates Ltd. LLP purchased a new position in Walmart during the third quarter worth approximately $28,000. Redmont Wealth Advisors LLC acquired a new stake in Walmart in the third quarter valued at approximately $30,000. Finally, Operose Advisors LLC increased its position in shares of Walmart by 319.7% in the first quarter. Operose Advisors LLC now owns 319 shares of the retailer’s stock valued at $28,000 after buying an additional 243 shares in the last quarter. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Walmart Company Profile

(Get Free Report)

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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