How Walmart Inc (NYSE: WMT) Could Be A Loss Maker Since It Is Up 35.23% YTD?

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During the recent session, Walmart Inc (NYSE:WMT)’s traded shares were 3.05 million, with the beta value of the company hitting 0.50. At the last check today, the stock’s price was $71.06, reflecting an intraday gain of 0.34% or $0.24. The 52-week high for the WMT share is $71.19, that puts it down -0.18 from that peak though still a striking 29.85% gain since the share price plummeted to a 52-week low of $49.85. The company’s market capitalization is $571.59B, and the average intraday trading volume over the past 10 days was 12.62 million shares, and the average trade volume was 15.49 million shares over the past three months.

Walmart Inc (WMT) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.49. WMT has a Sell rating from 0 analyst(s) out of 29 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 28 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight.

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Walmart Inc (NYSE:WMT) trade information

Walmart Inc (WMT) registered a 0.34% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 0.34% in intraday trading to $71.06, hitting a weekly high. The stock’s 5-day price performance is 2.63%, and it has moved by 5.12% in 30 days. Based on these gigs, the overall price performance for the year is 37.88%. The short interest in Walmart Inc (NYSE:WMT) is 36.56 million shares and it means that shorts have 2.37 day(s) to cover.

The extremes of the forecast give a target low and a target high price of $28 and $196 respectively. As a result, WMT is trading at a discount of -175.82% off the target high and 60.6% off the low.

Walmart Inc (WMT) estimates and forecasts

Statistics show that Walmart Inc has outperformed its competitors in share price, compared to the industry in which it operates. Walmart Inc (WMT) shares have gone up 30.60% during the last six months, with a year-to-date growth rate more than the industry average at 9.46% against 4.90.

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 9.99% in 2024, the next five years will return 8.17% per annum.

WMT Dividends

Walmart Inc is due to release its next quarterly earnings in August. 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 0.79, with the dividend yield indicating at 1.12 percent, continuing the trend of increasing dividends in recent years. The average dividend yield of the company for the last 5 years is 1.57%.

Walmart Inc (NYSE:WMT)’s Major holders

The next largest institutional holding, with 293.91 million shares, is of BLACKROCK INC.’s that is approximately 3.6388% of outstanding shares. At the market price on 2024-03-31, these shares were valued at $17.68 billion.