Walmart Inc (NYSE:WMT) has been given an average rating of “Buy” by the thirty-three brokerages that are currently covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a sell recommendation, twelve have issued a hold recommendation and eighteen have assigned a buy recommendation to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $116.17.

WMT has been the subject of a number of recent analyst reports. Gordon Haskett raised shares of Walmart from an “accumulate” rating to a “buy” rating and raised their price target for the stock from $115.00 to $125.00 in a research report on Thursday, August 15th. UBS Group set a $115.00 price objective on Walmart and gave the stock a “hold” rating in a research note on Friday, August 16th. Deutsche Bank set a $124.00 price objective on Walmart and gave the stock a “buy” rating in a research note on Friday, August 16th. Zacks Investment Research cut Walmart from a “buy” rating to a “hold” rating and set a $121.00 price objective on the stock. in a research note on Tuesday. Finally, Telsey Advisory Group restated an “outperform” rating and set a $125.00 price objective (up from $118.00) on shares of Walmart in a research note on Friday, August 16th.

NYSE WMT traded up $0.20 during mid-day trading on Friday, hitting $117.31. The company’s stock had a trading volume of 3,049,653 shares, compared to its average volume of 5,371,185. Walmart has a 52-week low of $85.78 and a 52-week high of $118.19. The stock’s fifty day simple moving average is $112.42 and its two-hundred day simple moving average is $106.38. 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 firm has a market capitalization of $331.39 billion, a P/E ratio of 23.89, a price-to-earnings-growth ratio of 5.01 and a beta of 0.39.

Walmart (NYSE:WMT) last posted its quarterly earnings results on Thursday, August 15th. The retailer reported $1.27 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.22 by $0.05. Walmart had a net margin of 2.48% and a return on equity of 18.23%. The firm had revenue of $130.40 billion for the quarter, compared to analyst estimates of $129.32 billion. During the same quarter last year, the firm posted $1.29 earnings per share. Walmart’s revenue for the quarter was up 2.6% compared to the same quarter last year. On average, equities analysts forecast that Walmart will post 4.91 earnings per share for the current fiscal year.

In related news, insider John R. Furner sold 7,900 shares of Walmart stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $114.72, for a total value of $906,288.00. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP David Chojnowski sold 3,680 shares of Walmart stock in a transaction dated Wednesday, September 4th. The stock was sold at an average price of $115.38, for a total value of $424,598.40. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 14,580 shares of company stock worth $1,658,306. 51.11% of the stock is owned by corporate insiders.

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Geode Capital Management LLC grew its stake in Walmart by 9.2% during the 4th quarter. Geode Capital Management LLC now owns 18,148,619 shares of the retailer’s stock valued at $1,687,500,000 after acquiring an additional 1,532,362 shares in the last quarter. WP Advisors LLC acquired a new stake in shares of Walmart during the 1st quarter valued at about $37,000. Sciencast Management LP acquired a new stake in shares of Walmart during the 1st quarter valued at about $2,537,000. Raymond James Trust N.A. lifted its holdings in shares of Walmart by 3.2% during the 1st quarter. Raymond James Trust N.A. now owns 128,433 shares of the retailer’s stock valued at $12,526,000 after buying an additional 4,009 shares during the last quarter. Finally, Paragon Capital Management LLC acquired a new stake in shares of Walmart during the 1st quarter valued at about $53,000. 30.11% of the stock is currently owned by hedge funds and other institutional investors.

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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Analyst Recommendations for Walmart (NYSE:WMT)

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