During the recent session, Walmart Inc. (NYSE:WMT)’s traded shares were 3.26 million, with the beta value of the company hitting 0.53. At the last check today, the stock’s price was $129.17, reflecting an intraday loss of -1.02% or -$1.33. The 52-week high for the WMT share is $160.77, that puts it down -24.46 from that peak though still a striking 9.21% gain since the share price plummeted to a 52-week low of $117.27. The company’s market capitalization is $342.93B, and the average intraday trading volume over the past 10 days was 11.02 million shares, and the average trade volume was 9.74 million shares over the past three months.
Walmart Inc. (WMT) received a consensus recommendation of an Overweight from analysts. That translates to a mean rating of 2.00. WMT has a Sell rating from 0 analyst(s) out of 37 analysts who have looked at this stock. 10 analyst(s) recommend to Hold the stock while 6 suggest Overweight, and 21 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be $1.81.
Walmart Inc. (NYSE:WMT) trade information
Walmart Inc. (WMT) registered a -1.02% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -1.02% in intraday trading to $129.17 this Wednesday, 08/03/22, hitting a weekly high. The stock’s 5-day price performance is 3.09%, and it has moved by 5.03% in 30 days. Based on these gigs, the overall price performance for the year is -9.26%. The short interest in Walmart Inc. (NYSE:WMT) is 13.47 million shares and it means that shorts have 1.97 day(s) to cover.
The consensus price target of analysts on Wall Street is $140.41, which implies an increase of 8.01% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $110.00 and $160.00 respectively. As a result, WMT is trading at a discount of -23.87% off the target high and 14.84% off the low.
Walmart Inc. (WMT) estimates and forecasts
Statistics show that Walmart Inc. has underperformed its competitors in share price, compared to the industry in which it operates. Walmart Inc. (WMT) shares have gone down -7.39% during the last six months, with a year-to-date growth rate less than the industry average at -11.30% against 0.00. Yet analysts are ramping up their growth forecast for the fiscal year 2022. Revenue is predicted to grow 1.70% this quarter and then jump 6.90% in the quarter after that. In the rating firms’ projections, revenue will increase 4.30% compared to the previous financial year.
Revenue for the current quarter is expected to be $150.51 billion as predicted by 25 analyst(s). Meanwhile, a consensus of 25 analyst(s) estimates revenue growth to $145.68 billion by the end of Oct 2022.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 2.10%. While earnings are projected to return 2.70% in 2022, the next five years will return 8.18% per annum.
Walmart Inc. is due to release its next quarterly earnings on February 17. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Walmart Inc. is 2.24, with the dividend yield indicating at 1.72 percent, continuing the trend of increasing dividends in recent years.
Walmart Inc. (NYSE:WMT)’s Major holders
Walmart Inc. insiders own 47.91% of total outstanding shares while institutional holders control 33.02%, with the float percentage being 63.40%. Vanguard Group, Inc. (The) is the largest shareholder of the company, while 3,242 institutions own stock in it. As of Mar 30, 2022, the company held over 125.68 million shares (or 4.58% of all shares), a total value of $18.72 billion in shares.
The next largest institutional holding, with 92.32 million shares, is of Blackrock Inc.’s that is approximately 3.37% of outstanding shares. At the market price on Mar 30, 2022, these shares were valued at $13.75 billion.
Also, the Mutual Funds coming in first place with the largest holdings of Walmart Inc. (WMT) shares are Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund. Data provided on Mar 30, 2022 indicates that Vanguard Total Stock Market Index Fund owns about 40.04 million shares. This amounts to just over 1.46 percent of the company’s overall shares, with a $5.96 billion market value. The same data shows that the other fund manager holds slightly less at 30.96 million, or about 1.13% of the stock, which is worth about $4.61 billion.