Walmart Inc (NYSE: WMT): The Best-Of-Breed For Investing?

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 3.18% and 17.71% over the past three months. WMT shares are trading 33.28% year to date (YTD), with the 12-month market performance up to 32.89% higher. It has a 12-month low price of $49.85 and touched a high of $69.04 over the same period. WMT has an average intraday trading volume of 15.42 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 3.86%, 8.95%, and 21.43% respectively.

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Institutional ownership of Walmart Inc (NYSE: WMT) shares accounts for 34.81% of the company’s 8.05B shares outstanding.

It has a market capitalization of $563.37B and a beta (3y monthly) value of 0.50. The stock’s trailing 12-month PE ratio is 29.92, while the earnings-per-share (ttm) stands at $2.34. The company has a PEG of 3.66 and a Quick Ratio of 0.23 with the debt-to-equity ratio at 0.79. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.56% over the week and 1.47% over the month.

Earnings per share for the fiscal year are expected to increase by 10.00%, and 9.90% over the next financial year. EPS should shrink at an annualized rate of 8.17% 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. Stifel stated their Hold rating for the stock in a research note on July 02, 2024, with the firm’s price target at $69-$71. Deutsche Bank coverage for the Walmart Inc (WMT) stock in a research note released on July 01, 2024 offered a Buy rating with a price target of $77. JP Morgan was of a view on June 10, 2024 that the stock is Overweight, while Telsey Advisory Group gave the stock Outperform rating on May 17, 2024, issuing a price target of $68- $70. Telsey Advisory Group on their part issued Outperform rating on February 21, 2024.

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