In Tuesday’s Wall Street session, Walmart Inc (NYSE:WMT) shares traded at $94.97, down -2.68% from the previous session.
WMT stock price is now -1.00% away from the 50-day moving average and 16.71% away from the 200-day moving average. The market capitalization of the company currently stands at $762.93B.
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With the price target maintained at $110, DZ Bank recently Upgraded its rating from Hold to Buy for Walmart Inc (NYSE: WMT). On December 11, 2024, KeyBanc Capital Markets reiterated its ‘Overweight’ rating on the stock by increasing its target price from $96 to quote $100, while ‘DZ Bank’ rates the stock as ‘Hold’
In other news, Rainey John D, Executive Vice President sold 38,000 shares of the company’s stock on Mar 03 ’25. The stock was sold for $3,730,109 at an average price of $98.16. Upon completion of the transaction, the Executive Vice President now directly owns 219,281 shares in the company, valued at $20.83 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 27 ’25, President and CEO McMillon C Douglas sold 29,124 shares of the business’s stock. A total of $2,823,586 was realized by selling the stock at an average price of $96.95. This leaves the insider owning 3,558,247 shares of the company worth $337.93 million. A total of 45.75% of the company’s stock is owned by insiders.
During the past 12 months, Walmart Inc has had a low of $58.40 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.
