Walmart (NYSE:WMT) has been assigned a $110.00 target price by stock analysts at BMO Capital Markets in a research note issued on Sunday. The brokerage presently has a “buy” rating on the retailer’s stock. BMO Capital Markets’ price target would suggest a potential upside of 14.70% from the company’s current price.

Several other research analysts have also recently weighed in on the stock. Wells Fargo & Co reissued a “neutral” rating and issued a $95.00 price target on shares of Walmart in a report on Thursday, August 16th. Jefferies Financial Group set a $112.00 price target on shares of Walmart and gave the company a “buy” rating in a report on Monday, August 27th. Morgan Stanley reissued a “neutral” rating and issued a $98.00 price target (up from $93.00) on shares of Walmart in a report on Thursday, August 16th. Sanford C. Bernstein lowered their target price on shares of Walmart from $104.00 to $100.00 and set a “market perform” rating on the stock in a report on Tuesday, May 29th. Finally, Stephens set a $115.00 target price on shares of Walmart and gave the stock a “buy” rating in a report on Friday, August 17th. Nineteen research analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $101.37.

Walmart stock opened at $95.90 on Friday. The stock has a market capitalization of $284.09 billion, a price-to-earnings ratio of 21.70, a P/E/G ratio of 3.37 and a beta of 0.51. The company has a current ratio of 0.93, a quick ratio of 0.34 and a debt-to-equity ratio of 0.70. Walmart has a twelve month low of $77.50 and a twelve month high of $109.98.

Walmart (NYSE:WMT) last released its quarterly earnings results on Thursday, August 16th. The retailer reported $1.29 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.22 by $0.07. The firm had revenue of $127.06 billion for the quarter, compared to analysts’ expectations of $124.67 billion. Walmart had a net margin of 1.02% and a return on equity of 18.16%. The business’s revenue was up 4.2% on a year-over-year basis. During the same period in the prior year, the firm earned $1.08 EPS. equities analysts forecast that Walmart will post 4.8 earnings per share for the current fiscal year.

In related news, Director S Robson Walton sold 881,158 shares of Walmart stock in a transaction that occurred on Monday, August 20th. The shares were sold at an average price of $97.60, for a total value of $86,001,020.80. Following the transaction, the director now directly owns 3,347,254 shares of the company’s stock, valued at $326,691,990.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Alice L. Walton sold 1,030,640 shares of Walmart stock in a transaction that occurred on Wednesday, September 12th. The shares were sold at an average price of $96.65, for a total transaction of $99,611,356.00. Following the completion of the transaction, the insider now directly owns 6,748,580 shares in the company, valued at $652,250,257. The disclosure for this sale can be found here. Insiders sold 6,590,876 shares of company stock worth $634,531,965 over the last three months. 51.11% of the stock is currently owned by insiders.

A number of large investors have recently made changes to their positions in the stock. Royal London Asset Management Ltd. acquired a new stake in Walmart in the second quarter valued at approximately $51,265,000. Horan Capital Advisors LLC. acquired a new stake in Walmart in the second quarter valued at approximately $2,224,000. Moody Aldrich Partners LLC acquired a new stake in Walmart in the second quarter valued at approximately $161,279,000. HRT Financial LLC acquired a new stake in Walmart in the second quarter valued at approximately $767,000. Finally, Strategic Wealth Partners Ltd. boosted its position in Walmart by 12.0% in the second quarter. Strategic Wealth Partners Ltd. now owns 11,965 shares of the retailer’s stock valued at $1,025,000 after buying an additional 1,283 shares in the last quarter. 29.30% of the stock is currently owned by institutional investors and hedge funds.

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, hayneedle.com, shoes.com, moosejaw.com, modcloth.com, bonobos.com, and samsclub.com; and mobile commerce and voice-activated commerce applications.

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Analyst Recommendations for Walmart (NYSE:WMT)

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