Media stories about Walmart (NYSE:WMT) have trended somewhat positive on Saturday, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Walmart earned a news sentiment score of 1.14 on their scale. InfoTrie also gave media headlines about the retailer an news buzz score of 10 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock’s share price in the near term.
Here are some of the news articles that may have impacted Walmart’s ranking:
- Walmart leases more warehouse space in Fort Worth – Dallas Business Journal (bizjournals.com)
- Best Walmart Black Friday Deals on Tech Products – ConsumerReports.org (consumerreports.org)
- Will the blue flashing lights at Walmart deter crime this holiday season? – KRCRTV.COM (krcrtv.com)
- Walmart Might Be Pricey, but There’s Lots of Growth Ahead – Barron’s (barrons.com)
- Employee killed in targeted shooting outside Pinellas Park Walmart, police say – Tampa Bay Times (tampabay.com)
A number of research firms have recently weighed in on WMT. Nomura began coverage on shares of Walmart in a report on Friday, November 8th. They set a “buy” rating and a $132.00 price target on the stock. JPMorgan Chase & Co. set a $130.00 price target on shares of Walmart and gave the company a “neutral” rating in a report on Thursday. Gordon Haskett upgraded shares of 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. Citigroup restated a “buy” rating and set a $135.00 price target (up previously from $129.00) on shares of Walmart in a report on Wednesday, September 18th. Finally, Telsey Advisory Group raised their price target on shares of Walmart from $130.00 to $132.00 and gave the company an “outperform” rating in a report on Friday. One research analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and eighteen have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $121.61.
NYSE:WMT opened at $118.87 on Friday. The firm’s 50-day moving average is $118.79 and its 200-day moving average is $111.76. Walmart has a 52-week low of $85.78 and a 52-week high of $125.38. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.21 and a current ratio of 0.76. The company has a market cap of $344.10 billion, a price-to-earnings ratio of 24.21, a PEG ratio of 5.19 and a beta of 0.39.
Walmart (NYSE:WMT) last posted its quarterly earnings data on Thursday, November 14th. The retailer reported $1.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.09 by $0.07. Walmart had a net margin of 2.48% and a return on equity of 18.23%. The company had revenue of $126.98 billion for the quarter, compared to the consensus estimate of $128.08 billion. During the same quarter in the previous year, the firm posted $1.08 EPS. The business’s revenue was up 2.5% compared to the same quarter last year. Equities analysts predict that Walmart will post 4.93 EPS for the current year.
In other news, insider John R. Furner sold 7,900 shares of Walmart stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $114.72, for a total transaction of $906,288.00. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP David Chojnowski sold 3,680 shares of Walmart stock in a transaction dated Wednesday, September 4th. The shares were sold at an average price of $115.38, for a total transaction of $424,598.40. The disclosure for this sale can be found here. Insiders own 51.11% of the company’s stock.
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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