Walmart (NYSE:WMT) Earning Somewhat Critical Press Coverage, InfoTrie Reports

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Media stories about Walmart (NYSE:WMT) have trended somewhat negative recently, according to InfoTrie. InfoTrie rates the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Walmart earned a media sentiment score of -1.33 on their scale. InfoTrie also gave press coverage about the retailer an news buzz score of 0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock’s share price in the immediate future.

Here are some of the media stories that may have impacted Walmart’s analysis:

Several analysts have recently commented on the company. Bank of America reissued a “buy” rating and issued a $135.00 price target (up from $120.00) on shares of Walmart in a report on Friday, August 16th. Robert W. Baird raised their price target on Walmart from $120.00 to $130.00 and gave the company an “outperform” rating in a report on Monday, September 23rd. Gordon Haskett raised Walmart from an “accumulate” rating to a “buy” rating and raised their price target for the company from $115.00 to $125.00 in a report on Thursday, August 15th. UBS Group set a $115.00 price target on Walmart and gave the company a “hold” rating in a report on Friday, August 16th. Finally, Guggenheim reaffirmed a “buy” rating and issued a $125.00 price objective on shares of Walmart in a research note on Thursday, August 15th. Two research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and eighteen have assigned a buy rating to the stock. Walmart presently has an average rating of “Hold” and an average price target of $116.48.

Walmart stock traded down $0.23 during mid-day trading on Wednesday, hitting $119.35. 2,867,200 shares of the company were exchanged, compared to its average volume of 6,296,765. The company has a debt-to-equity ratio of 0.83, a current ratio of 0.76 and a quick ratio of 0.21. The business’s 50 day simple moving average is $117.82 and its two-hundred day simple moving average is $109.87. The company has a market capitalization of $340.57 billion, a P/E ratio of 24.31, a PEG ratio of 5.15 and a beta of 0.40. Walmart has a 12-month low of $85.78 and a 12-month high of $120.71.

Walmart (NYSE:WMT) last released its quarterly earnings results on Thursday, August 15th. The retailer reported $1.27 earnings per share for the quarter, topping the consensus estimate of $1.22 by $0.05. The company had revenue of $130.40 billion during the quarter, compared to the consensus estimate of $129.32 billion. Walmart had a return on equity of 18.23% and a net margin of 2.48%. Walmart’s revenue was up 2.6% compared to the same quarter last year. During the same quarter last year, the business posted $1.29 earnings per share. Equities research analysts predict that Walmart will post 4.92 earnings per share for the current year.

In other news, SVP David Chojnowski sold 3,680 shares of Walmart stock in a transaction on Wednesday, September 4th. The stock was sold at an average price of $115.38, for a total value of $424,598.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider John R. Furner sold 7,900 shares of Walmart stock in a transaction on Monday, August 19th. The shares were sold at an average price of $114.72, for a total value of $906,288.00. The disclosure for this sale can be found here. Company 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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Insider Buying and Selling by Quarter for Walmart (NYSE:WMT)

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