Equities research analysts predict that Wal-Mart Stores, Inc. (NYSE:WMT) will report earnings of $0.97 per share for the current fiscal quarter, according to Zacks. Nine analysts have issued estimates for Wal-Mart Stores’ earnings, with the highest EPS estimate coming in at $0.99 and the lowest estimate coming in at $0.93. Wal-Mart Stores reported earnings of $0.98 per share in the same quarter last year, which suggests a negative year-over-year growth rate of 1%. The business is expected to announce its next earnings results on Thursday, November 16th.

According to Zacks, analysts expect that Wal-Mart Stores will report full-year earnings of $4.38 per share for the current year, with EPS estimates ranging from $4.30 to $4.48. For the next financial year, analysts expect that the business will report earnings of $4.60 per share, with EPS estimates ranging from $4.48 to $4.79. Zacks Investment Research’s EPS averages are a mean average based on a survey of research firms that cover Wal-Mart Stores.

Wal-Mart Stores (NYSE:WMT) last posted its earnings results on Thursday, August 17th. The retailer reported $1.08 EPS for the quarter, beating the Zacks’ consensus estimate of $1.07 by $0.01. Wal-Mart Stores had a net margin of 2.60% and a return on equity of 16.87%. The company had revenue of $123.40 billion during the quarter, compared to analysts’ expectations of $121.86 billion. During the same quarter in the prior year, the company posted $1.07 earnings per share. Wal-Mart Stores’s revenue for the quarter was up 2.1% compared to the same quarter last year.

Several research firms have commented on WMT. Zacks Investment Research cut shares of Wal-Mart Stores from a “buy” rating to a “hold” rating in a report on Monday, August 21st. Robert W. Baird set a $85.00 price target on shares of Wal-Mart Stores and gave the stock a “buy” rating in a report on Monday, August 21st. UBS AG reiterated a “neutral” rating and set a $84.00 price target on shares of Wal-Mart Stores in a report on Sunday, August 20th. Oppenheimer Holdings, Inc. reiterated a “buy” rating and set a $90.00 price target on shares of Wal-Mart Stores in a report on Friday, August 18th. Finally, Credit Suisse Group reiterated a “hold” rating and set a $84.00 price target on shares of Wal-Mart Stores in a report on Friday, August 18th. Three research analysts have rated the stock with a sell rating, nineteen have given a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $80.25.

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Wal-Mart Stores (WMT) traded up 0.38% during midday trading on Friday, reaching $78.37. 6,474,360 shares of the company were exchanged. Wal-Mart Stores has a 52 week low of $65.28 and a 52 week high of $81.99. The company has a market capitalization of $235.74 billion, a PE ratio of 18.83 and a beta of 0.29. The firm has a 50-day moving average price of $79.13 and a 200-day moving average price of $75.47.

In other news, Director S Robson Walton sold 2,117,863 shares of the company’s stock in a transaction on Friday, September 1st. The shares were sold at an average price of $78.45, for a total transaction of $166,146,352.35. Following the transaction, the director now directly owns 3,344,956 shares of the company’s stock, valued at approximately $262,411,798.20. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, major shareholder Jim C. Walton sold 3,278,735 shares of the company’s stock in a transaction on Thursday, June 8th. The stock was sold at an average price of $79.00, for a total transaction of $259,020,065.00. Following the transaction, the insider now directly owns 10,507,224 shares in the company, valued at $830,070,696. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 19,017,894 shares of company stock worth $1,506,657,258. Corporate insiders own 51.39% of the company’s stock.

A number of large investors have recently modified their holdings of the stock. FMR LLC boosted its stake in shares of Wal-Mart Stores by 45.3% in the second quarter. FMR LLC now owns 17,982,372 shares of the retailer’s stock worth $1,360,906,000 after buying an additional 5,608,785 shares during the last quarter. Canada Pension Plan Investment Board boosted its stake in shares of Wal-Mart Stores by 161.4% in the first quarter. Canada Pension Plan Investment Board now owns 3,297,419 shares of the retailer’s stock worth $237,678,000 after buying an additional 2,035,800 shares during the last quarter. Alliancebernstein L.P. boosted its stake in shares of Wal-Mart Stores by 42.6% in the second quarter. Alliancebernstein L.P. now owns 5,745,493 shares of the retailer’s stock worth $434,819,000 after buying an additional 1,716,422 shares during the last quarter. Parametric Portfolio Associates LLC boosted its stake in shares of Wal-Mart Stores by 52.9% in the second quarter. Parametric Portfolio Associates LLC now owns 4,883,390 shares of the retailer’s stock worth $369,565,000 after buying an additional 1,689,364 shares during the last quarter. Finally, Karp Capital Management Corp acquired a new stake in shares of Wal-Mart Stores during the first quarter worth approximately $111,777,000. 29.93% of the stock is currently owned by hedge funds and other institutional investors.

About Wal-Mart Stores

Wal-Mart Stores, Inc is engaged in the operation of retail, wholesale and other units in various formats around the world. The Company operates through three segments: Walmart U.S., Walmart International and Sam’s Club. The Walmart U.S. segment includes its mass merchant concept in the United States operating under the Walmart or Wal-Mart brands, as well as digital retail.

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Earnings History and Estimates for Wal-Mart Stores (NYSE:WMT)

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