Walmart Inc. (NYSE:WMT) Receives $179.44 Consensus PT from Brokerages

Shares of Walmart Inc. (NYSE:WMTGet Free Report) have been given a consensus rating of “Moderate Buy” by the thirty-one research firms that are presently covering the company, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold rating and twenty-seven have given a buy rating to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $179.44.

WMT has been the topic of a number of analyst reports. Telsey Advisory Group reissued an “outperform” rating and issued a $185.00 price target on shares of Walmart in a research note on Friday, November 17th. Jefferies Financial Group increased their target price on Walmart from $190.00 to $195.00 and gave the company a “buy” rating in a report on Tuesday, November 14th. StockNews.com downgraded Walmart from a “strong-buy” rating to a “buy” rating in a report on Friday, November 17th. Tigress Financial increased their price objective on Walmart from $182.00 to $196.00 and gave the stock a “buy” rating in a research note on Wednesday, October 25th. Finally, Evercore ISI lowered their target price on Walmart from $187.00 to $177.00 and set an “outperform” rating on the stock in a research note on Friday, November 17th.

Check Out Our Latest Stock Report on WMT

Walmart Stock Down 0.1 %

NYSE WMT opened at $169.28 on Thursday. Walmart has a 12 month low of $136.09 and a 12 month high of $170.66. The company has a market capitalization of $455.74 billion, a P/E ratio of 28.07, a PEG ratio of 3.32 and a beta of 0.49. The company’s 50 day simple moving average is $159.72 and its 200 day simple moving average is $160.33. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.85 and a quick ratio of 0.23.

Walmart shares are set to split before the market opens on Monday, February 26th. The 3-1 split was announced on Tuesday, January 30th. The newly minted shares will be distributed to shareholders after the closing bell on Monday, February 26th.

Walmart (NYSE:WMTGet Free Report) last announced its quarterly earnings data on Thursday, November 16th. The retailer reported $1.53 EPS for the quarter, meeting analysts’ consensus estimates of $1.53. The company had revenue of $160.80 billion during the quarter, compared to the consensus estimate of $159.65 billion. Walmart had a return on equity of 21.20% and a net margin of 2.55%. The company’s quarterly revenue was up 5.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.50 EPS. Equities research analysts expect that Walmart will post 6.46 earnings per share for the current fiscal year.

Insider Transactions at Walmart

In other Walmart news, Director S Robson Walton sold 221 shares of the company’s stock in a transaction dated Wednesday, December 6th. The shares were sold at an average price of $155.80, for a total transaction of $34,431.80. Following the completion of the sale, the director now directly owns 231,379,740 shares in the company, valued at $36,048,963,492. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, major shareholder Alice L. Walton sold 2,406,081 shares of the firm’s stock in a transaction on Friday, December 29th. The shares were sold at an average price of $157.72, for a total value of $379,487,095.32. Following the sale, the insider now owns 227,622,943 shares in the company, valued at $35,900,690,569.96. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director S Robson Walton sold 221 shares of the company’s stock in a transaction on Wednesday, December 6th. The shares were sold at an average price of $155.80, for a total transaction of $34,431.80. Following the transaction, the director now owns 231,379,740 shares of the company’s stock, valued at $36,048,963,492. The disclosure for this sale can be found here. Over the last three months, insiders sold 6,438,607 shares of company stock worth $1,008,963,347. 46.51% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in WMT. Norges Bank bought a new position in Walmart in the fourth quarter worth $3,674,652,000. Moneta Group Investment Advisors LLC lifted its holdings in shares of Walmart by 112,181.6% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 22,854,919 shares of the retailer’s stock worth $3,240,599,000 after acquiring an additional 22,834,564 shares during the period. International Assets Investment Management LLC boosted its position in shares of Walmart by 15,371.4% during the 4th quarter. International Assets Investment Management LLC now owns 3,511,225 shares of the retailer’s stock valued at $553,545,000 after acquiring an additional 3,488,530 shares in the last quarter. Barclays PLC boosted its position in shares of Walmart by 184.7% during the 2nd quarter. Barclays PLC now owns 3,074,778 shares of the retailer’s stock valued at $483,297,000 after acquiring an additional 1,994,682 shares in the last quarter. Finally, Morgan Stanley raised its position in Walmart by 9.4% in the fourth quarter. Morgan Stanley now owns 22,382,688 shares of the retailer’s stock worth $3,173,642,000 after purchasing an additional 1,923,199 shares in the last quarter. Institutional investors and hedge funds own 33.18% of the company’s stock.

Walmart Company Profile

(Get Free Report

Walmart Inc engages in the operation of retail, wholesale, and other units worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com, walmart.com.mx, walmart.ca, flipkart.com, and samsclub.com; and mobile commerce applications.

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Analyst Recommendations for Walmart (NYSE:WMT)

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