Stocks of Walmart Inc (NYSE:WMT) traded higher last session on Wall Street, down -0.05% to $80.56.
WMT stock price is now 11.32% away from the 50-day moving average and 29.25% away from the 200-day moving average. The market capitalization of the company currently stands at $647.56B.
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With the price target enhanced from $75 to $82, Telsey Advisory Group maintained Outperform rating for Walmart Inc (NYSE: WMT). , while ‘Stifel’ rates the stock as ‘Hold’
In other news, Bartlett Daniel J, Officer bought 2,063 shares of the company’s stock on Sep 16 ’24. The stock was bought for $166,489 at an average price of $80.70. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 12 ’24, 10% Owner WALTON JIM C sold 934,000 shares of the business’s stock. A total of $74,216,571 was realized by selling the stock at an average price of $79.46. This leaves the insider owning 610,843,318 shares of the company worth $49.21 billion. A total of 45.97% 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 $80.68. As of last week, the company has a debt-to-equity ratio of 0.73, a current ratio of 0.80, and a quick ratio of 0.22. According to the stock market information, the enterprise value for the company is $708245520384, which is based on a 41.86 price-to-earnings ratio, a 4.11 price-to-earnings-growth ratio, and a beta of 0.51. The fifty day moving average price for WMT is $72.5764 and a two-hundred day moving average price translates $62.4681 for the stock.
The latest earnings results from Walmart Inc (NYSE: WMT) was released for 2024-07-31. The net profit margin was 2.34% and return on equity was 18.97% for WMT. The company reported revenue of $169.34 billion for the quarter, compared to $161.63 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 4.77 percent.
