News stories about Walmart (NYSE:WMT) have been trending somewhat positive on Wednesday, according to InfoTrie. The research firm identifies positive and negative news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Walmart earned a media sentiment score of 1.57 on their scale. InfoTrie also assigned media stories about the retailer an news buzz score of 0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company’s share price in the near future.
These are some of the headlines that may have effected Walmart’s ranking:
- Amazon, Walmart, Target offer shipping deals for holiday shopping – Business Insider (businessinsider.com)
- Walmart, Target, other stores graded on gun safety policies – Business Insider (businessinsider.com)
- First on CNN Business: Gun safety advocates grade stores. Walmart got an A; Home Depot got an F – CNN (cnn.com)
- The Zacks Analyst Blog Highlights: Walmart, Target, Amazon, eBay and Macy's (finance.yahoo.com)
- Do Walmart, Amazon, McDonald’s and IBM match employees’ donations to charity? The answers may surprise you – MarketWatch (marketwatch.com)
NYSE:WMT traded up $0.38 during trading hours on Wednesday, reaching $119.05. The stock had a trading volume of 449,076 shares, compared to its average volume of 5,661,633. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.20 and a current ratio of 0.81. Walmart has a 52 week low of $85.78 and a 52 week high of $125.38. The company has a 50 day moving average price of $119.04 and a two-hundred day moving average price of $113.37. The stock has a market capitalization of $338.73 billion, a PE ratio of 24.23, a PEG ratio of 4.83 and a beta of 0.36.
Walmart (NYSE:WMT) last issued its quarterly earnings data on Thursday, November 14th. The retailer reported $1.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.09 by $0.07. The firm had revenue of $126.98 billion for the quarter, compared to the consensus estimate of $128.08 billion. Walmart had a net margin of 2.77% and a return on equity of 18.47%. The company’s quarterly revenue was up 2.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.08 EPS. Equities research analysts predict that Walmart will post 4.97 EPS for the current year.
WMT has been the subject of several recent analyst reports. Credit Suisse Group reaffirmed a “neutral” rating and issued a $115.00 target price (up previously from $105.00) on shares of Walmart in a research report on Friday, November 15th. Oppenheimer upped their target price on Walmart from $108.00 to $125.00 and gave the company a “market perform” rating in a report on Monday, November 4th. Robert W. Baird raised their price target on shares of Walmart from $120.00 to $130.00 and gave the stock an “outperform” rating in a report on Monday, September 23rd. Goldman Sachs Group set a $125.00 price objective on shares of Walmart and gave the company a “buy” rating in a research report on Thursday, November 14th. Finally, Raymond James upped their price objective on shares of Walmart from $120.00 to $130.00 and gave the company an “outperform” rating in a research note on Friday, November 15th. They noted that the move was a valuation call. One equities research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and seventeen have assigned a buy rating to the stock. The company has an average rating of “Buy” and an average price target of $124.07.
In related news, EVP Judith J. Mckenna sold 8,300 shares of the company’s stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $119.21, for a total value of $989,443.00. Following the completion of the transaction, the executive vice president now owns 216,811 shares of the company’s stock, valued at approximately $25,846,039.31. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 50.22% of the company’s stock.
Walmart Company Profile
Walmart Inc engages in the retail and wholesale operations in various formats worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, discount stores, drugstores, and convenience stores; membership-only warehouse clubs; e-commerce Websites, such as walmart.com, jet.com, shoes.com, and samsclub.com; and mobile commerce applications.
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