Walmart (NYSE: WMT) shares have recently got an average ‘buy’ recommendation from 41 brokerages. 3 analysts gave the recommendation of ‘sell’, 6 assigned ‘hold’, and 27 allotted ‘buy’. The company had a $149.68 average price objective for 12 months last year.
On Thursday the firm started from $132.28 with the market cap being $374.26 billion. Their lowest in 12 months is $106.85 while the highest is $153.66. Their current, quick, and leverage ratio is 0.79, 0.29, and 0.56. Their 50 day rolling average is $137.56 while the 200 day is $142.61.
According to their 18th February report, their quarterly EPS was $0.39, missing the $1.51 consensus estimate by nearly $0.12. They had a 3.30% net margin with a 19.13% equity return. Analysts expect Walmart to release an EPS of 5.35 for the ongoing financial year.
WMT Stock Ventures
BMO Cap. Markets upgraded their price objective for WMT shares to $175 from $160. FIX demoted it to $131 from $157 along with the rating to ‘sell’ from ‘hold’. Deutsche Bank decreased it to $166 from $170 and gave a rating of ‘buy’. Citigroup lifted it to $172 from $155. Raymond James lowered it to $155 from $165 and gave a rating of ‘outperform’.
Selling movements were seen amidst a certain group of investors. On the other hand, new investors also seem to have joined the bandwagon to buy the shares of Walmart stock. Alice Walton, a major insider, sold off 548,602 WMT shares at $143.30 EPS worth $78,614,666.60. Jim Walton sold off 917,433 WMT shares at $145.88 EPS worth $133,835,126.04. Insiders own 50.43% of Walmart stock.
Lorne Steinberg Management bought new holdings in Walmart stock, owning $203,000 worth shares. SOA Advisors purchased a new stake and own $376,000 worth of shares. Peterson Management promoted their stake by approximately 20.4% and own shares priced at $1,334,000. Coppell Solutions acquired a new position and owns $1,116,000 worth of shares. Institutional investors own 29.34% WMT stock.