This Indicator Is Supporting Walmart Inc. (WMT)

Walmart Inc. (NYSE: WMT) is 18.06% higher on its value in year-to-date trading and has touched a low of $102.00 and a high of $139.35 in the current 52-week trading range. The WMT stock was last observed hovering at around $136.63 in the last trading session, with the day’s gains setting it 3.67% off its average median price target of $146.50 for the next 12 months. It is also 12.31% off the consensus price target high of $160.00 offered by 34 analysts, but current levels are -33.62% lower than the price target low of $105.00 for the same period.

Currently trading at $140.30, the stock is 6.61% and 9.30% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 21.27 million and changing 2.69% at the moment leaves the stock 15.31% off its SMA200. WMT registered 22.98% gain for a year compared to 6-month gain of 21.07%. The firm has a 50-day simple moving average (SMA 50) of $131.80 and a 200-day simple moving average (SMA200) of $123.45.

The stock witnessed a 7.82% loss in the last 1 month and extending the period to 3 months gives it a 13.18%, and is 6.59% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.51% over the week and 1.96% over the month.

Walmart Inc. (WMT) has around 2200000 employees, a market worth around $386.93B and $534.66B in sales. Current P/E ratio is 26.68 and Fwd P/E is 25.08. Profit margin for the company is 2.80%. Distance from 52-week low is 37.55% and 0.68% from its 52-week high. The company has generated returns on investments over the last 12 months (12.10%).

Walmart Inc. (WMT) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for Walmart Inc. (WMT) is a “Overweight”. 34 analysts offering their recommendations for the stock have an average rating of 2.00, where 6 rate it as a Hold and 6 think it is a “Overweight”. 20 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.

Walmart Inc. is expected to release its quarterly report on 11/17/2020 and quarterly earnings per share for the current quarter are estimated at $1.18 with sales reaching $131.93B over the same period.The EPS is expected to grow by 114.90% this year, but quarterly earnings will post 4.90% year-over-year. Quarterly sales are estimated to grow 3.10% in year-over-year returns.

Walmart Inc. (WMT) Top Institutional Holders

2,607 institutions hold shares in Walmart Inc. (WMT), with 1.44B shares held by insiders accounting for 50.91% while institutional investors hold 63.05% of the company’s shares. The shares outstanding are 2.83B, and float is at 1.39B with Short Float at 1.02%. Institutions hold 30.95% of the Float.

The top institutional shareholder in the company is Vanguard Group, Inc. (The) with over 135.31 million shares valued at $16.21 billion. The investor’s holdings represent 4.77% of the WMT Shares outstanding. As of Jun 29, 2020, the second largest holder is Blackrock Inc. with 88.43 million shares valued at $10.59 billion to account for 3.12% of the shares outstanding. The other top investors are State Street Corporation which holds 69.76 million shares representing 2.46% and valued at over $8.36 billion, while Geode Capital Management, LLC holds 0.75% of the shares totaling 21.32 million with a market value of $2.55 billion.

Walmart Inc. (WMT) Insider Activity

A total of 79 insider transactions have happened at Walmart Inc. (WMT) in the last six months, with sales accounting for 40 and purchases happening 39 times. The most recent transaction is an insider sale by Chojnowski David, the company’s Senior Vice President. SEC filings show that Chojnowski David sold 4,605 shares of the company’s common stock on Aug 19 at a price of $134.24 per share for a total of $0.62 million. Following the sale, the insider now owns 30620.0 shares.

Walmart Inc. disclosed in a document filed with the SEC on Aug 03 that Lore Marc E. (Executive Vice President) sold a total of 85,000 shares of the company’s common stock. The trade occurred on Aug 03 and was made at $129.22 per share for $10.98 million. Following the transaction, the insider now directly holds 1.83 million shares of the WMT stock.

Still, SEC filings show that on Jul 07, Lore Marc E. (Executive Vice President) disposed off 85,000 shares at an average price of $123.34 for $10.48 million. The insider now directly holds 1,952,743 shares of Walmart Inc. (WMT).

Walmart Inc. (WMT): Who are the competitors?

The company’s main competitors (and peers) include Dollar General Corporation (DG) that is trading 28.38% up over the past 12 months. Macy’s Inc. (M) is -53.39% down on the 1-year trading charts. Short interest in the company’s stock has risen 13.91% from the last report on Jul 14, 2020 to stand at a total of 12.25 million short shares sold with a short interest ratio of 2.28.