Walmart Inc (NYSE:WMT) shares traded -2.05% lower at $90.35 on Wall Street last session.
WMT stock price is now 3.29% away from the 50-day moving average and 23.64% away from the 200-day moving average. The market capitalization of the company currently stands at $716.80B.
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With the price target enhanced from $96 to $100, KeyBanc Capital Markets maintained Overweight rating for Walmart Inc (NYSE: WMT). On November 21, 2024, DZ Bank Downgraded its previous ‘Buy’ rating to ‘Hold’ on the stock keeping its target price maintained at $91, while ‘Telsey Advisory Group’ rates the stock as ‘Outperform’
In other news, Jim C. Walton, as trustee of t, Other: Shareholder bought 12,000,000 shares of the company’s stock on Dec 20 ’24. The stock was bought for $1,120,800,000 at an average price of $93.40. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 16 ’24, Executive Vice President Bartlett Daniel J sold 1,765 shares of the business’s stock. A total of $166,845 was realized by selling the stock at an average price of $94.53. This leaves the insider owning 453,758 shares of the company worth $41.0 million. 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 $51.30 and a high of $96.18. 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 37.10 price-to-earnings ratio, a 3.91 price-to-earnings-growth ratio, and a beta of 0.55. The fifty day moving average price for WMT is $87.268 and a two-hundred day moving average price translates $72.92625 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.
