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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 $70.82, down 0.3% from the previous day, and has increased 37.45% in one year. It has overperformed other stocks in the Discount Stores industry by 0.14 percentage points. Walmart stock is currently +42.07% from its 52-week low of $49.85, and -0.52% from its 52-week high of $71.19.

As of Jul 18, 2024, there are 8.04B WMT shares outstanding. The market cap of WMT is $569.64B. In the last 24 hours, 10.67M WMT shares were traded.

How to Buy Walmart Stock

Wondering how to invest in Walmart stock? Here's how.
  1. 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.
  2. Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Deposit money your brokerage account: Pick your method of payment and add your information.
  4. 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).
  5. 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.
  6. 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.

A brokerage account allows you to buy and sell a variety of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 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.

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  2. Input your personal info to start a new brokerage account.
  1. Submit your info by hitting the "Create Account" button.
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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.

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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 Price
$70.82
1w %
1.46%
1y %
37.45%
5y %
85.2%
P/E
30.23x
P/B
7.01x
P/S
0.87x
PEG
3.35x
Revenue
$657.33B
Earnings
$18.94B
Fore. Rev. Growth
3.33%
Fore. Earn. Growth
9.01%
Market Cap
$569.64B
Next Earnings
Aug 15, 2024
Next Dividend
Sep 3, 2024

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 30.23x, relative to Discount Stores industry P/E ratio of 35.2x
  • WMT may be undervalued based on its P/B ratio of 7.01x, relative to Discount Stores industry P/B ratio of 8.01x
  • WMT may be overvalued based on its PEG ratio of 3.35x

You can access more valuation research on WMT's stock here.

A look at WMT Cashflows and Balance Sheet

Passed Health Checks:

  • WMT's operating cash flow of $35.34B allows it to safely service it's debt of $64.46B.
  • There are more short-term assets than long-term liabilities on the WMT balance sheet.
  • Total WMT debt is lower than 5 years ago, relative to shareholder equity.
  • WMT profit margin has gone up from 1.8% to 2.9% in the past year.
  • WMT earnings of $28.19B is not sufficient to cover its interest payments.

Failed Health Checks:

  • There are more short-term liabilities than short-term assets on the WMT balance sheet.
  • WMT has a relatively high debt to equity ratio of 2.04.

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

Daniela Bretthauer, a top 41% analyst from HSBC maintains WMT with a strong buy rating and raises their WMT price target from $70.00 to $81.00, on Jun 11, 2024.

Corey Tarlowe, a top 18% analyst from Jefferies maintains WMT with a strong buy rating and raises their WMT price target from $75.00 to $77.00, on Jun 10, 2024.

Jefferies's Corey Tarlowe raised their price target on Walmart (NYSE: WMT) by 2.7% from $75 to $77 on 2024/06/10. The analyst maintained their Strong Buy rating on the stock.

Tarlowe revised their price target after "interacting" with Walmart C-suiters, product sampling, and attending the annual shareholders meeting, where they said they gained a better understanding of the company's technological advancements.

After the shareholder event, the analyst said they were "encouraged" by management's statements.

Jefferies maintains its belief that AI and automation have the potential to deliver "20%+ incremental EBIT for Walmart by FY 2029," Tarlowe told readers.

Footnotes

Earnings Report

For Q1 2025, Walmart reported:

  • EPS of $0.60, which beat the Zacks Consensus Estimate of $0.52 and, by 22.4%, Q1 2024's $0.49.
  • Revenue of $161.51B, which beat the Zacks Consensus Estimate by 1.26% and Q1 2024's $152.3M by 6%.
  • Operating income up $0.6B. or 9.6%.

Management guided:

For Q2 2025:

  • EPS of $0.62 to $0.65
  • Revenue up 3.5% to 4.5%.
  • Operating income up 3% to 4.5%.

For FY 2025:

  • EPS up at the high end or slightly above the prior guidance of $2.23 to $2.37.
  • Revenue up at the high end or slightly above the prior guidance increase of 3% to 4%.
  • Adjusted operating income up at the high end or slightly above the prior guidance Increase 4% to 6%.
  • Capex of 3% to 3.5% of revenue (unchanged).

President & CEO Doug McMillon commented: "Our team delivered a great quarter.

"Around the world, our goal is simple - we’re focused on saving our customers both money and time.

"It’s inspiring to see how our associates are simultaneously executing the fundamentals and innovating to make shopping with us more enjoyable and convenient.

"We’re people-led and tech-powered, and that combination is propelling our business."

CFO John Rainey added: "Our strong results this quarter clearly demonstrate the power of our global omni-retail capabilities and the team’s ability to execute with discipline.

"As we continue to reshape our business model, we’re focused on strategically investing in areas that reinforce our purpose and growth strategy."

Christopher Horvers, a top 13% analyst from JP Morgan upgrades WMT to a strong buy rating and raises their WMT price target from $66.00 to $81.00, on Jun 10, 2024.

Dana Telsey, a bottom 10% analyst from Telsey Advisory Group maintains WMT with a buy rating and raises their WMT price target from $70.00 to $75.00, on Jun 10, 2024.

Rupesh Parikh, a top 10% analyst from Oppenheimer maintains WMT with a buy rating and raises their WMT price target from $69.00 to $75.00, on Jun 6, 2024.

You can dig deeper into what analysts are saying on the Walmart stock forecast page.

WMT Trading Indicators

SMA10
70.05
SMA20
69.02
SMA50
66.35
SMA100
63.2
SMA200
58.48
MACD
1.19
MACD Signal
1.17
MACD Histogram
0.02
RSI
66.89
Stochastic %K
91.53
Stochastic %D
85.59
StochRSI %K
68.3
StochRSI %D
51.71

WMT Performance Numbers

Last year, WMT earnings were $18.94B. During the past 5 year, WMT's earnings have grown by 19.36% per year. This was faster than the Discount Stores industry average of 16.15%.

Last year, WMT revenue was $657.33B. During the past five year, WMT's revenue has grown by 4.98% per year. This was slower than the Discount Stores industry average of 7.4%.

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.

Daniel J. Bartlett, Executive Vice President of WMT, was the latest WMT insider to sell. They sold $166,661.00 worth of WMT shares on Jul 15, 2024.

Dig into more about who owns WMT stock here.

Does WMT provide a stable income stream?

Walmart pays a dividend of 1.12%, compared to the Discount Stores industry's average dividend yield of 2.1%. If you owned $1,000 of WMT stock, you would have received $11.23 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.

Get opinions from other investors

One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.

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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.

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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:

  1. Figure out where to buy Walmart stock
  2. Sign up for your brokerage account
  3. Deposit money your brokerage account
  4. Analyze Walmart stock
  5. Make your WMT purchase
  6. Track your WMT investment

If you need a place to buy stocks, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get the latest scoop on your new investment in Walmart, click below.

NYSE: WMT
$70.82-0.21 (-0.3%)
Updated Jul 18, 2024
Open eToro Account
NYSE: WMT
$70.82-0.21 (-0.3%)
Updated Jul 18, 2024
Open eToro Account

FAQ

How much does it cost to buy one Walmart share?

As of Jul 18, 2024, it costs $70.82 to buy one share of Walmart stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.141 shares of WMT.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Walmart stock?

According to 27 Wall Street analysts who monitor Walmart, their consensus recommendation is to buy Walmart stock.

What is the best way to buy Walmart stock?

One way to place an order for Walmart stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.