During the recent session, Walmart Inc (NYSE:WMT)’s traded shares were 6.42 million, with the beta value of the company hitting 0.51. At the last check today, the stock’s price was $78.09, reflecting an intraday loss of -1.19% or -$0.94. The 52-week high for the WMT share is $81.02, that puts it down -3.75 from that peak though still a striking 36.16% gain since the share price plummeted to a 52-week low of $49.85. The company’s market capitalization is $627.70B, and the average intraday trading volume over the past 10 days was 16.71 million shares, and the average trade volume was 16.04 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 31 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 30 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 0.53.
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Walmart Inc (NYSE:WMT) trade information
Walmart Inc (WMT) registered a -1.19% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -1.19% in intraday trading to $78.09, hitting a weekly high. The stock’s 5-day price performance is -1.97%, and it has moved by 4.76% in 30 days. Based on these gigs, the overall price performance for the year is 43.39%. The short interest in Walmart Inc (NYSE:WMT) is 42.74 million shares and it means that shorts have 2.38 day(s) to cover.
The consensus price target of analysts on Wall Street is $82.5, which implies an increase of 5.35% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $28 and $190 respectively. As a result, WMT is trading at a discount of -143.31% off the target high and 64.14% 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 27.49% during the last six months, with a year-to-date growth rate more than the industry average at 9.91% against 4.50. In the rating firms’ projections, revenue will increase 14.00% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 167.5B as predicted by 24 analyst(s). Meanwhile, a consensus of 24 analyst(s) estimates revenue growth to 180.15B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled nan and 159.14B respectively.
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 10.38% in 2024, the next five years will return 10.17% per annum.
WMT Dividends
Walmart Inc is due to release its next quarterly earnings on 2024-Nov-19. 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 0.81, with the dividend yield indicating at 1.04 percent, continuing the trend of increasing dividends in recent years. The average dividend yield of the company for the last 5 years is 1.55%.
Walmart Inc (NYSE:WMT)’s Major holders
Walmart Inc insiders own 46.38% of total outstanding shares while institutional holders control 35.16%, with the float percentage being 65.57%. VANGUARD GROUP INC is the largest shareholder of the company, while 4008.0 institutions own stock in it. As of 2024-06-30, the company held over 412.97 million shares (or 5.1282% of all shares), a total value of $27.96 billion in shares.
The next largest institutional holding, with 296.91 million shares, is of BLACKROCK INC.’s that is approximately 3.687% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $20.1 billion.
