Stocks of Walmart Inc (NYSE:WMT) traded higher last session on Wall Street, up 1.41% to $99.54.
WMT stock price is now 7.10% away from the 50-day moving average and 28.68% away from the 200-day moving average. The market capitalization of the company currently stands at $799.64B.
With the price target enhanced from $96 to $100, KeyBanc Capital Markets maintained Overweight rating for Walmart Inc (NYSE: WMT). On November 21, 2024, DZ Bank Downgraded its previous ‘Buy’ rating to ‘Hold’ on the stock keeping its target price maintained at $91, while ‘Telsey Advisory Group’ rates the stock as ‘Outperform’
In other news, John D. Rainey, Officer bought 80,400 shares of the company’s stock on Feb 03 ’25. The stock was bought for $7,892,064 at an average price of $98.16. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 23 ’25, Executive Vice President Furner John R. sold 13,125 shares of the business’s stock. A total of $1,220,100 was realized by selling the stock at an average price of $92.96. This leaves the insider owning 568,626 shares of the company worth $56.6 million. A total of 45.79% of the company’s stock is owned by insiders.
During the past 12 months, Walmart Inc has had a low of $55.06 and a high of $99.00. As of last week, the company has a debt-to-equity ratio of 0.70, a current ratio of 0.85, and a quick ratio of 0.23. According to the stock market information, the enterprise value for the company is $736540164096, which is based on a 40.88 price-to-earnings ratio, a 3.46 price-to-earnings-growth ratio, and a beta of 0.55. The fifty day moving average price for WMT is $92.6328 and a two-hundred day moving average price translates $77.1576 for the stock.
The latest earnings results from Walmart Inc (NYSE: WMT) was released for 2024-07-31. The net profit margin was 2.92% and return on equity was 23.48% for WMT. The company reported revenue of $169.34 billion for the quarter, compared to $161.63 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 4.77 percent.
