Now Is A Suitable Moment For A Long-Term Purchase Of Walmart Inc (NYSE: WMT)

Currently, there are 8.05B common shares owned by the public and among those 4.32B shares have been available to trade.

The company’s stock has a 5-day price change of -0.53% and 13.81% over the past three months. WMT shares are trading 13.89% year to date (YTD), with the 12-month market performance up to 21.95% higher. It has a 12-month low price of $48.34 and touched a high of $61.65 over the same period. WMT has an average intraday trading volume of 20.14 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -1.15%, 2.28%, and 10.02% respectively.

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Institutional ownership of Walmart Inc (NYSE: WMT) shares accounts for 34.87% of the company’s 8.05B shares outstanding.

It has a market capitalization of $481.96B and a beta (3y monthly) value of 0.50. The stock’s trailing 12-month PE ratio is 31.28, while the earnings-per-share (ttm) stands at $1.91. The company has a PEG of 3.91 and a Quick Ratio of 0.24 with the debt-to-equity ratio at 0.73. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.24% over the week and 1.12% over the month.

Analysts forecast that Walmart Inc (WMT) will achieve an EPS of $0.52 for the current quarter, $0.63 for the next quarter and $2.59 for 2026. The lowest estimate earnings-per-share for the quarter is $0.51 while analysts give the company a high EPS estimate of $0.55. Comparatively, EPS for the current quarter was $0.49 a year ago. Earnings per share for the fiscal year are expected to increase by 6.47%, and 9.88% over the next financial year. EPS should shrink at an annualized rate of 8.00% over the next five years, compared to 20.49% over the past 5-year period.

Looking at the support for the WMT, a number of firms have released research notes about the stock. Telsey Advisory Group stated their Outperform rating for the stock in a research note on February 21, 2024, with the firm’s price target at $185-$205. HSBC Securities coverage for the Walmart Inc (WMT) stock in a research note released on September 22, 2023 offered a Buy rating with a price target of $200. RBC Capital Mkts was of a view on August 18, 2023 that the stock is Outperform, while Credit Suisse gave the stock Outperform rating on August 11, 2023, issuing a price target of $170- $180. Wells Fargo on their part issued Overweight rating on August 09, 2023.

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