These Numbers Show Favorable Signs for Walmart Inc (WMT)

Walmart Inc (NYSE: WMT) is 14.25% higher on its value in year-to-date trading and has touched a low of $45.36 and a high of $60.45 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The WMT stock was last observed hovering at around $59.30 in the last trading session, with the day’s gains setting it 0.74%.

Currently trading at $60.04, the stock is 4.08% and 8.70% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 19.67 million and changing 1.25% at the moment leaves the stock 12.73% off its SMA200. WMT registered 28.04% gain for a year compared to 6-month gain of 11.48%. The firm has a 50-day simple moving average (SMA 50) of $0.83 and a 200-day simple moving average (SMA200) of $14.70.

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The stock witnessed a 6.22% loss in the last 1 month and extending the period to 3 months gives it a 16.70%, and is 0.76% 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 1.28% over the week and 1.34% over the month.

Walmart Inc (WMT) has around 2100000 employees, a market worth around $483.49B and $648.12B in sales. Current P/E ratio is 31.40 and Fwd P/E is 23.16. Profit margin for the company is 2.39%. Distance from 52-week low is 32.35% and -0.68% from its 52-week high. The company has generated returns on investments over the last 12 months (11.19%).

Walmart Inc quarterly earnings per share for the current quarter are estimated at $0.52 with sales reaching $159.37B over the same period.The EPS is expected to grow by 6.38% this year, but quarterly earnings will post 3.90% year-over-year.

Walmart Inc (WMT) Top Institutional Holders

3,686 institutions hold shares in Walmart Inc (WMT), with institutional investors hold 65.63% of the company’s shares. The shares outstanding are 8.08B, and float is at 4.31B with Short Float at 0.88%. Institutions hold 35.00% of the Float.

The top institutional shareholder in the company is Vanguard Group Inc with over 136.46 million shares valued at $21.45 billion. The investor’s holdings represent 5.07% of the WMT Shares outstanding. As of Jun 29, 2023, the second largest holder is Blackrock Inc. with 100.36 million shares valued at $15.78 billion to account for 3.73% of the shares outstanding. The other top investors are State Street Corporation which holds 60.07 million shares representing 2.23% and valued at over $9.44 billion, while Geode Capital Management, LLC holds 0.95% of the shares totaling 25.5 million with a market value of $4.01 billion.

Walmart Inc (WMT) Insider Activity

A total of 21 insider transactions have happened at Walmart Inc (WMT) in the last six months, with sales accounting for 14 and purchases happening 7 times. The most recent transaction is an insider sale by WALTON JIM C,the company’s10% Owner. SEC filings show that WALTON JIM C sold 500,000 shares of the company’s common stock on Mar 01 at a price of $58.39 per share for a total of $29.2 million. Following the sale, the insider now owns 653.07 million shares.

Walmart Inc disclosed in a document filed with the SEC on Mar 01 that WALTON ALICE L (10% Owner) sold a total of 500,000 shares of the company’s common stock. The trade occurred on Mar 01 and was made at $58.39 per share for $29.2 million. Following the transaction, the insider now directly holds 653.07 million shares of the WMT stock.

Still, SEC filings show that on Mar 01, WALTON S ROBSON (Director) disposed off 500,000 shares at an average price of $58.39 for $29.2 million. The insider now directly holds 653,067,261 shares of Walmart Inc (WMT).