Do you still think Walmart Inc (NYSE:WMT) is worth a look?

In yesterday’s Wall Street session, Walmart Inc (NYSE:WMT) shares traded at $67.42, up 0.60% from the previous session.

WMT stock price is now 8.11% away from the 50-day moving average and 18.55% away from the 200-day moving average. The market capitalization of the company currently stands at $542.30B.

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With the price target enhanced from $66 to $81, JP Morgan Upgraded its rating from Neutral to Overweight for Walmart Inc (NYSE: WMT). On May 17, 2024, Telsey Advisory Group reiterated its ‘Outperform’ rating on the stock by increasing its target price from $68 to quote $70, while ‘HSBC Securities’ rates the stock as ‘Buy’

In other news, WALTON ALICE L, 10% Owner sold 1,244,347 shares of the company’s stock on Jun 14 ’24. The stock was sold for $82,910,841 at an average price of $66.63. Upon completion of the transaction, the 10% Owner now directly owns 633,518,311 shares in the company, valued at $42.71 billion. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 14 ’24, 10% Owner WALTON JIM C sold 1,244,347 shares of the business’s stock. A total of $82,910,841 was realized by selling the stock at an average price of $66.63. This leaves the insider owning 633,518,311 shares of the company worth $42.71 billion. A total of 46.06% of the company’s stock is owned by insiders.

During the past 12 months, Walmart Inc has had a low of $49.85 and a high of $67.57. As of last week, the company has a debt-to-equity ratio of 0.79, a current ratio of 0.80, and a quick ratio of 0.23. According to the stock market information, the enterprise value for the company is $606425710592, which is based on a 28.80 price-to-earnings ratio, a 3.53 price-to-earnings-growth ratio, and a beta of 0.50. The fifty day moving average price for WMT is $62.5126 and a two-hundred day moving average price translates $56.938282 for the stock.

The latest earnings results from Walmart Inc (NYSE: WMT) was released for 2024-04-30. The net profit margin was 2.88% and return on equity was 24.65% for WMT. The company reported revenue of $161.51 billion for the quarter, compared to $152.3 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 6.05 percent.

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