Walmart is a discount store company located in Arkansas, United States, which is part of the Consumer Defensive sector, and is traded under the ticker WMT on the NYSE exchange.
Walmart stock last closed at $150.86, down 1.05% from the previous day, and has increased 1.4% in one year. It has overperformed other stocks in the Discount Stores industry by 0.03 percentage points. Walmart stock is currently +10.85% from its 52-week low of $136.09, and -11.23% from its 52-week high of $169.94.
As of Dec 8, 2023, there are 2.69B WMT shares outstanding. The market cap of WMT is $406.15B. In the last 24 hours, 11.32M WMT shares were traded.
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You can see all of the due diligence checks on WMT's stock page.
You can use a variety of different financial metrics, analyses, models, and charts to gauge WMT's intrinsic value.
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You can access more valuation research on WMT's stock here.
Out of 27 sell side analysts who monitor WMT, the consensus analyst rating on Walmart is a Strong Buy
Please keep in mind that analyst ratings are not recommendations, nor are they financial advice.
Simeon Gutman, a bottom 1% analyst from Morgan Stanley maintains WMT with a strong buy rating and lowers their WMT price target from $170.00 to $168.00, on Nov 17, 2023.
Morgan Stanley's Simeon Gutman lowered their price target on Walmart (NYSE: WMT) by 1.2% from $170 to $168 on 2023/11/17. The analyst maintained their Strong Buy rating on the stock.
Given Walmart's "mixed" Q3 2024 results, reported on 2023/11/16, and management's revised FY 2024 guidance, Gutman cautioned that "there is limited opportunity for positive growth in estimates because of the possibility of negative FY 2025 performance."
However, in spite of these uncertainties, Morgan Stanley maintains that the company has the potential to generate favorable returns from its current position, the analyst continued.
Gutman noted that although the "absolute growth rate" may be slower than initially anticipated, market share gains and profit inflection should persist in FY 2025.
For Q3 2024, Walmart reported:
For FY 2024, management guided:
President & CEO Doug McMillon commented: “We had strong revenue growth across segments for the quarter, and we’re excited to get an early start to the holiday season.
“From a Thanksgiving meal that costs less than last year to great prices on fashion, toys, electronics, and seasonal decorations, we’re here to help families worldwide make this a special time.
“Looking ahead, our inventory is in good shape, the teams are focused, and our associates are ready to serve our customers and members whenever and however they want to be served.”
Joe Feldman, a top 3% analyst from Telsey Advisory Group reiterates WMT with a buy rating and maintains their WMT price target from $185.00 to $185.00, on Nov 17, 2023.
Corey Tarlowe, a top 20% analyst from Jefferies maintains WMT with a strong buy rating and raises their WMT price target from $190.00 to $195.00, on Nov 14, 2023.
Ben Bienvenu, a top 16% analyst from Stephens & Co. maintains WMT with a strong buy rating and raises their WMT price target from $185.00 to $190.00, on Nov 13, 2023.
Ivan Feinseth, a top 13% analyst from Tigress Financial maintains WMT with a buy rating and raises their WMT price target from $182.00 to $196.00, on Oct 25, 2023.
You can dig deeper into what analysts are saying on the Walmart stock forecast page.
Last year, WMT earnings were $16.29B. During the past 5 year, WMT's earnings have grown by 28.22% per year. This was faster than the Discount Stores industry average of 19.71%.
Last year, WMT revenue was $638.79B. During the past five year, WMT's revenue has grown by 4.53% per year. This was slower than the Discount Stores industry average of 7.27%.
Learn more about WMT's earnings and revenue performance here.
Over the last year, insiders at WMT have sold more shares than they have bought.
Alice L. Walton, 10% Owner of WMT, was the latest WMT insider to sell. They sold $34,432.46 worth of WMT shares on Dec 6, 2023.
Dig into more about who owns WMT stock here.
Walmart pays a dividend of 1.51%, compared to the Discount Stores industry's average dividend yield of 3.06%. If you owned $1,000 of WMT stock, you would have received $15.11 in the past 12 months.
Walmart dividend payments have consistently grown over the past decade and have remained stable.
Find more data about Walmart dividend yield and history here.
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