An Analysis Of Walmart Inc (WMT) Stock

Walmart Inc (NYSE:WMT) has a beta value of 0.51 and has seen 6.15 million shares traded in the recent trading session. The company, currently valued at $551.63B, closed the last trade at $68.58 per share which meant it gained $0.45 on the day or 0.66% during that session. The WMT stock price is -4.01% off its 52-week high price of $71.33 and 27.31% above the 52-week low of $49.85. If we look at the company’s 10-day average daily trading volume, we find that it stood at 18.81 million shares traded. The 3-month trading volume is 16.08 million shares.

The consensus among analysts is that Walmart Inc (WMT) is Buy stock at the moment, with a recommendation rating of 1.49. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 31 have rated it as a Hold, with 30 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.65.

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Walmart Inc (NYSE:WMT) trade information

Sporting 0.66% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the WMT stock price touched $68.58 or saw a rise of 0.92%. Year-to-date, Walmart Inc shares have moved 30.50%, while the 5-day performance has seen it change 2.50%. Over the past 30 days, the shares of Walmart Inc (NYSE:WMT) have changed -2.01%. Short interest in the company has seen 37.36 million shares shorted with days to cover at 2.85.

Wall Street analysts have a consensus price target for the stock at $78.5, which means that the shares’ value could jump 12.64% from the levels at last check today. The projected low price target is $28.0 while the price target rests at a high of $190.0. In that case, then, we find that the latest price level in today’s session is -177.05% off the targeted high while a plunge would see the stock lose 59.17% from the levels at last check today.

Walmart Inc (WMT) estimates and forecasts

Figures show that Walmart Inc shares have outperformed across the wider relevant industry. The company’s shares have gained 21.64% over the past 6 months, with this year growth rate of 9.46%, compared to 5.00% for the industry. Revenue growth from the last financial year stood is estimated to be 13.70%.

27 analysts offering their estimates for the company have set an average revenue estimate of 168.53B for the current quarter. 27 have an estimated revenue figure of 167.05B for the next ending quarter.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 20.49% over the past 5 years. Earnings growth for 2024 is a modest 9.95% while over the next 5 years, the company’s earnings are expected to increase by 8.17%.

WMT Dividends

The forward dividend is 0.79 at a share yield of 1.16%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 1.56%.

Walmart Inc (NYSE:WMT)’s Major holders

Insiders own 46.33% of the company shares, while shares held by institutions stand at 35.14% with a share float percentage of 65.47%. Investors are also buoyed by the number of investors in a company, with Walmart Inc having a total of 3955.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 411.75 million shares worth more than $24.77 billion. As of 2024-03-31, VANGUARD GROUP INC held 5.1129% of shares outstanding.

The other major institutional holder is BLACKROCK INC., with the holding of over 293.91 million shares as of 2024-03-31. The firm’s total holdings are worth over $17.68 billion and represent 3.6497% of shares outstanding.