How to Buy Walmart Stock
Walmart Inc
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.
How to Buy Walmart Stock
Wondering how to invest in Walmart stock? Here's how.
- Figure out where to buy Walmart stock: You need to decide on an online brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you determine where to buy Walmart stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit money your brokerage account: Pick your method of payment and add your information.
- Analyze Walmart stock: The Walmart ticker symbol is WMT. Is Walmart stock a good investment? Should you buy shares of WMT? How do WMT's underlying business fundamentals look? Do top analysts think Walmart is a good buy? Why has WMT's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if WMT is a good stock to buy).
- Make your WMT purchase: Decide if you will purchase WMT shares at the current market price or use a limit order to buy WMT stock at a particular price.
- Track your WMT investment: Create a watchlist to important updates regarding your investment in Walmart shares.
Step 1: Figure out where to buy Walmart stock
You need a brokerage account to access the NYSE market and buy WMT stock.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've selected the right brokerage, you need to fill out some personal information so you can buy WMT stock today.
How to Open a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to start a new brokerage account.
- Submit your info by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you've finished signing up on one of the best stock market apps, you can securely and quickly fund your account:
Check out the walkthrough below if you need help depositing funds into your investment account.
Step 4: Analyze Walmart stock
Once you have identified the best place to buy Walmart stock, it's very important to evaluate their stock prior to buying, so you can comprehend the risk and upside.
Overview of key WMT info
WMT Zen Score
WallStreetZen was created to help everyday investors perform better fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on WMT's stock page.
What is the fair value of WMT stock?
You can use a variety of different financial metrics, analyses, models, and charts to gauge WMT's intrinsic value.
Using relative valuations methods:
- WMT could be undervalued based on its P/E ratio of 25.02x, relative to Discount Stores industry P/E ratio of 29.91x
- WMT may be undervalued based on its P/B ratio of 5.11x, relative to Discount Stores industry P/B ratio of 5.85x
- WMT may be overvalued based on its PEG ratio of 3.08x
You can access more valuation research on WMT's stock here.
A look at WMT Cashflows and Balance Sheet
Passed Health Checks:
- WMT earnings of $25.72B is not sufficient to cover its interest payments.
- There are more short-term assets than long-term liabilities on the WMT balance sheet.
- WMT's operating cash flow of $32.16B allows it to safely service it's debt of $69.74B.
- WMT profit margin has gone up from 1.5% to 2.6% in the past year.
Failed Health Checks:
- WMT has a relatively high debt to equity ratio of 2.19.
- Total WMT debt is higher than 5 years ago, relative to shareholder equity.
- There are more short-term liabilities than short-term assets on the WMT balance sheet.
Do Wall Street analysts think it's a good time to buy Walmart stock
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.
Latest WMT Analyst Recommendations
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.
Earnings Report
For Q3 2024, Walmart reported:
- EPS of $1.53, which was in line with the Zacks Consensus Estimate but beat, by 2%, Q3 2023’s $1.50.
- Revenue of $160.8B, which beat the Zacks Consensus Estimate of $159.5B and, by 5.2%, Q3 2023’s $152.81B
- Net sales of $159.44B, up 5.3% Y/Y.
- Operating income of $6.20B, up 130% Y/Y.
For FY 2024, management guided:
- EPS of $6.40 to $6.48.
- Net sales growth of 5% to 5.5%
- Operating income growth of 7% to 7.5%.
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.
WMT Trading Indicators
WMT Performance Numbers
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.
What are WMT insiders up to?
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.
Does WMT provide a stable income stream?
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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Step 5: Make your WMT purchase
You have two main options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally fine. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at an exact dollar amount limit, use a limit order.
Hit the Open Trade button and eToro will execute your order.
If you want more assistance buying stocks on eToro, click the helpful video below:
Step 6: Track your WMT investment
Now that you own some shares in WMT, you'll want to keep up with your new shares.
Start a watchlist to keep track of your WMT stock.
WMT Feed
How to Buy Stock in Walmart
To summarize, here are the 6 steps you need to take to buy Walmart stock right now:
- Figure out where to buy Walmart stock
- Sign up for your brokerage account
- Deposit money your brokerage account
- Analyze Walmart stock
- Make your WMT purchase
- Track your WMT investment
If you need a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get the latest scoop on your new investment in Walmart, click below.
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