In the last trading session, 10,073,987 shares of the Walmart Inc. (NYSE:WMT) were traded, and its beta was 0.48. Most recently the company’s share price was $140.1, and it changed around $0.67 or 0% from the last close, which brings the market valuation of the company to $394.67 Billion. WMT currently trades at a discount to its 52-week high of $153.66, offering almost -9.68% off that amount. The share price’s 52-week low was $117.01, which indicates that the current value has risen by an impressive 16.48% since then. We note from Walmart Inc.’s average daily trading volume that its 10-day average is 9.84 Million shares, with the 3-month average coming to 9.61 Million.
Walmart Inc. stock received a consensus recommendation rating of Overweight, based on a mean score of 2. If we narrow it down even further, the data shows that 2 out of 35 analysts rate the stock as a Sell; another 6 rate it as Overweight. Among the rest, 6 recommended WMT as a Hold, whereas 21 deemed it a Buy, and no one rated it as Underweight. Walmart Inc. is expected to report earnings per share of $1.2 for the current quarter.
Walmart Inc. (NYSE:WMT): Trading Information
Instantly WMT has showed a green trend with a performance of 0.48% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of $140.9 on Tuesday, Apr 06 increased the stock’s daily price by 0.6%. The company’s shares are currently down -0.03% year-to-date, but still up 0.0251 over the last five days. On the other hand, Walmart Inc. (NYSE:WMT) is 0.09% up in the 30-day period. We can see from the shorts that 14.42 Million shares have been sold at a short interest cover period of 1.5 day (s).
The consensus price target as assigned by Wall Street analysts is $158.08, which translates to bears needing to increase their stock price by 12.83% from its current value. Analyst projections state that WMT is forecast to be at a low of $120 and a high of $180. In order for the stock price to hit the forecast high, the stock would need to surge +28.48% from its current level, while the stock would need to crash -14.35% from its current level to reach the projected low.
Walmart Inc. (WMT) projections and forecasts
Walmart Inc. share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -0.28 percent over the past six months and at a -1.09% annual growth rate that is well above the industry average of -12.6%. Moreover, analysts have decided to roll up on their fiscal year 2021 revenue estimates. The rating firms predict that it will gain +1.7% in revenue this quarter, and will report a decline of -7.7% in the next quarter. The year-over-year growth rate is expected to be -1.9%, down from the previous year.
Consensus estimates provided by 24 financial analysts predict the company will bring in an average of $131.9 Billion in revenue for the current quarter. 24 analysts expect Walmart Inc. to make $134.98 Billion in revenue for the quarter ending July 01, 2021. The company’s sales for the same quarter a year ago was $132.79 Billion. Analysts predict that the company’s current quarter sales will drop, forecast at -0.7%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 0.8%. Walmart Inc. earnings are expected to decrease by -8.5% in 2021, but the outlook is positive 6.29% per year for the next five years.
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WMT Dividend Yield
Walmart Inc.’s next quarterly earnings report is expected to be released around May 18, 2021. The annual dividend yield of the stock is 1.58 percent and its annual dividend per share was $2.2. It is important to note, however, that the 1.58% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 2.18% per year.
Walmart Inc. (NYSE:WMT)’s Biggest Investors
Upon looking at major shareholders, it appears that insiders hold 49.63% of Walmart Inc. shares, and 30.94% of them are in the hands of institutional investors. The stock currently has a share float of 61.42%. Walmart Inc. stock is held by 3032 institutions, with Vanguard Group, Inc. (The) being the largest institutional investor. By Dec 30, 2020, it held 4.69% of the shares, which is about 132.26 Million shares worth $19.07 Billion.
Blackrock Inc., with 3.09% or 87.16 Million shares worth $12.56 Billion as of Dec 30, 2020, holds the second largest percentage of outstanding shares.
Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund were the top two Mutual Funds as of Dec 30, 2020. The former held 39934629 shares worth $5.76 Billion, making up 1.42% of all outstanding shares. On the other hand, Vanguard 500 Index Fund held roughly 27.78 Million shares worth around $4Billion, which represents about 0.99% of the total shares outstanding.