Walmart (NASDAQ:WMT) Trading Up 1.8% – What’s Next?

Walmart Inc. (NASDAQ:WMT) rose 1.8% on Monday . The company traded as high as $109.74 and last traded at $109.08. 22,971,603 shares changed hands during trading, a decline of 10% from the average daily volume of 25,502,523 shares. The stock had previously closed at $107.15.

Analysts Set New Price Targets

Several research firms have issued reports on WMT. Erste Group Bank lowered Walmart from a “buy” rating to a “hold” rating in a research note on Friday, June 5th. Mizuho set a $130.00 price target on shares of Walmart in a research report on Monday, July 27th. Gordon Haskett cut shares of Walmart from a “buy” rating to an “accumulate” rating in a report on Thursday, August 20th. Guggenheim set a $130.00 price objective on shares of Walmart and gave the stock a “buy” rating in a research report on Friday, August 21st. Finally, Robert W. Baird decreased their target price on shares of Walmart from $140.00 to $120.00 and set an “outperform” rating for the company in a research report on Friday, August 21st. Three analysts have rated the stock with a Strong Buy rating, thirty-two have given a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Walmart presently has an average rating of “Moderate Buy” and a consensus target price of $131.88.

Walmart Stock Performance

The company has a quick ratio of 0.23, a current ratio of 0.77 and a debt-to-equity ratio of 0.41. The company has a market capitalization of $865.41 billion, a PE ratio of 39.38, a PEG ratio of 4.09 and a beta of 0.59. The business has a 50 day simple moving average of $110.24 and a 200 day simple moving average of $118.83.

Walmart (NASDAQ:WMT) last posted its quarterly earnings data on Thursday, August 20th. The retailer reported $0.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.74 by $0.07. The firm had revenue of $187.94 billion for the quarter, compared to the consensus estimate of $186.64 billion. Walmart had a net margin of 3.00% and a return on equity of 21.83%. The company’s revenue for the quarter was up 5.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.68 earnings per share. Walmart has set its Q3 2027 guidance at 0.620-0.640 EPS and its FY 2027 guidance at 2.800-2.870 EPS. Equities research analysts predict that Walmart Inc. will post 2.87 EPS for the current fiscal year.

Insider Buying and Selling at Walmart

In other news, EVP Daniel Danker sold 50,644 shares of the business’s stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $105.35, for a total transaction of $5,335,345.40. Following the sale, the executive vice president directly owned 201,672 shares of the company’s stock, valued at $21,246,145.20. The trade was a 20.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Daniel J. Bartlett sold 3,950 shares of the company’s stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $105.14, for a total value of $415,303.00. Following the completion of the transaction, the executive vice president directly owned 622,349 shares in the company, valued at approximately $65,433,773.86. The trade was a 0.63% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 67,879 shares of company stock worth $7,235,277. 0.09% of the stock is owned by corporate insiders.

Institutional Trading of Walmart

Several large investors have recently added to or reduced their stakes in WMT. Merkkuri Wealth Advisors LLC purchased a new position in shares of Walmart in the first quarter worth about $29,000. Entrust Financial LLC purchased a new stake in Walmart in the fourth quarter valued at approximately $27,000. Montgomery Financial Services LLC purchased a new stake in Walmart in the second quarter valued at approximately $32,000. Sankala Group LLC acquired a new position in Walmart in the 4th quarter worth approximately $33,000. Finally, Turim 21 Investimentos Ltda. acquired a new position in Walmart in the 1st quarter worth approximately $37,000. Hedge funds and other institutional investors own 26.76% of the company’s stock.

About Walmart

Walmart Inc is a multinational retail and technology company that operates supercenters, discount stores, neighborhood markets, e-commerce platforms and membership warehouse clubs. Its merchandise includes groceries, apparel, electronics, home goods, health and beauty products, general merchandise and other consumer products.

Founded by Sam Walton in 1962 and incorporated in 1969, Walmart is headquartered in Bentonville, Arkansas. The company serves customers through operations in the United States and international markets, including Mexico, Canada, China, India and several countries in Central America and Africa.