During the last session, Walmart Inc (NYSE:WMT)’s traded shares were 14.43 million, with the beta value of the company hitting 0.50. At the end of the trading day, the stock’s price was $59.50, reflecting an intraday gain of 0.12% or $0.07. The 52-week high for the WMT share is $61.65, that puts it down -3.61 from that peak though still a striking 18.76% gain since the share price plummeted to a 52-week low of $48.34. The company’s market capitalization is $479.14B, and the average intraday trading volume over the past 10 days was 14.81 million shares, and the average trade volume was 20.22 million shares over the past three months.
Walmart Inc (NYSE:WMT) trade information
Walmart Inc (WMT) registered a 0.12% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 0.12% in intraday trading to $59.50, hitting a weekly high. The stock’s 5-day price performance is -2.01%, and it has moved by -0.90% in 30 days. Based on these gigs, the overall price performance for the year is 20.05%. The short interest in Walmart Inc (NYSE:WMT) is 33.59 million shares and it means that shorts have 1.26 day(s) to cover.
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 up 12.20% during the last six months, with a year-to-date growth rate less than the industry average at 6.31% against 13.80. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 13.00% this quarter and then jump 10.50% in the quarter after that. In the rating firms’ projections, revenue will increase 3.90% compared to the previous financial year.
Revenue for the current quarter is expected to be $147.95 billion as predicted by 25 analyst(s). Meanwhile, a consensus of 25 analyst(s) estimates revenue growth to $155.49 billion by the end of Jul 2024.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 20.49%. While earnings are projected to return 6.47% in 2024, the next five years will return 8.00% per annum.
WMT Dividends
Walmart Inc is due to release its next quarterly earnings on May 16. 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 1.92, with the dividend yield indicating at 3.22 percent, continuing the trend of increasing dividends in recent years.
Walmart Inc (NYSE:WMT)’s Major holders
Walmart Inc insiders own 46.63% of total outstanding shares while institutional holders control 34.98%, with the float percentage being 65.55%. Vanguard Group Inc is the largest shareholder of the company, while 3,704 institutions own stock in it. As of Jun 29, 2023, the company held over 136.46 million shares (or 5.07% of all shares), a total value of $21.45 billion in shares.
The next largest institutional holding, with 100.36 million shares, is of Blackrock Inc.’s that is approximately 3.73% of outstanding shares. At the market price on Jun 29, 2023, these shares were valued at $15.78 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 Jun 29, 2023 indicates that Vanguard Total Stock Market Index Fund owns about 46.25 million shares. This amounts to just over 1.72 percent of the company’s overall shares, with a $7.27 billion market value. The same data shows that the other fund manager holds slightly less at 33.39 million, or about 1.24% of the stock, which is worth about $5.25 billion.
