Stocks of Walmart Inc (NYSE:WMT) traded higher last session on Wall Street, down -1.17% to $93.67.
WMT stock price is now -2.07% away from the 50-day moving average and 16.69% away from the 200-day moving average. The market capitalization of the company currently stands at $752.49B.
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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, Nicholas Christopher James, Executive Vice President sold 17,600 shares of the company’s stock on Feb 21 ’25. The stock was sold for $1,661,852 at an average price of $94.42. Upon completion of the transaction, the Executive Vice President now directly owns 348,357 shares in the company, valued at $32.63 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 21 ’25, Executive Vice President Christopher James Nicholas bought 17,600 shares of the business’s stock. A total of $1,710,896 was incurred on buying the stock at an average price of $97.21. A total of 45.76% of the company’s stock is owned by insiders.
During the past 12 months, Walmart Inc has had a low of $57.77 and a high of $105.30. As of last week, the company has a debt-to-equity ratio of 0.66, a current ratio of 0.82, and a quick ratio of 0.24.
The net profit margin was 2.85% and return on equity was 22.23% for WMT. The company reported revenue of $169.59 billion for the quarter, compared to $160.8 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 5.46 percent. For the current quarter, analysts expect WMT to generate $164.8B in revenue.
