Stocks of Walmart Inc (NYSE:WMT) traded higher last session on Wall Street, down -1.04% to $89.50.
WMT stock price is now 8.76% away from the 50-day moving average and 28.32% away from the 200-day moving average. The market capitalization of the company currently stands at $736.11B.
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With the price target maintained at $91, DZ Bank recently Downgraded its rating from Buy to Hold for Walmart Inc (NYSE: WMT). On November 20, 2024, Telsey Advisory Group reiterated its ‘Outperform’ rating on the stock by increasing its target price from $92 to quote $100, while ‘Bernstein’ rates the stock as ‘Outperform’
In other news, Bartlett Daniel J, Executive Vice President sold 1,970 shares of the company’s stock on Nov 15 ’24. The stock was sold for $166,088 at an average price of $84.31. Upon completion of the transaction, the Executive Vice President now directly owns 455,523 shares in the company, valued at $40.77 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 15 ’24, Officer Bartlett Daniel J bought 1,970 shares of the business’s stock. A total of $165,980 was incurred on buying the stock at an average price of $84.25. A total of 45.84% 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 $90.91. As of last week, the company has a debt-to-equity ratio of 0.70, a current ratio of 0.85, and a quick ratio of 0.23. According to the stock market information, the enterprise value for the company is $736540164096, which is based on a 36.75 price-to-earnings ratio, a 4.08 price-to-earnings-growth ratio, and a beta of 0.53. The fifty day moving average price for WMT is $82.1096 and a two-hundred day moving average price translates $69.58125 for the stock.
The latest earnings results from Walmart Inc (NYSE: WMT) was released for 2024-07-31. The net profit margin was 2.92% and return on equity was 23.48% 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.
