Walmart Inc (NYSE: WMT) is 61.73% higher on its value in year-to-date trading and has touched a low of $49.85 and a high of $85.54 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 $84.21 in the last trading session, with the day’s gains setting it 0.78%.
Currently trading at $84.99, the stock is 2.86% and 5.17% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 12.72 million and changing 0.93% at the moment leaves the stock 24.31% off its SMA200. WMT registered 53.42% gain for a year compared to 6-month gain of 41.98%. The firm has a 50-day simple moving average (SMA 50) of $80.8132 and a 200-day simple moving average (SMA200) of $68.369934.
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The stock witnessed a 5.85% loss in the last 1 month and extending the period to 3 months gives it a 23.78%, and is 1.57% 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 1.91% over the week and 1.41% over the month.
Walmart Inc (WMT) has around 2100000 employees, a market worth around $683.17B and $665.03B in sales. Current P/E ratio is 44.16 and Fwd P/E is 31.13. Profit margin for the company is 2.34%. Distance from 52-week low is 70.50% and -0.64% from its 52-week high. The company has generated returns on investments over the last 12 months (11.21%).
with sales reaching $167.65B over the same period.The EPS is expected to grow by 10.50% this year, but quarterly earnings will post 14.00% year-over-year.
Walmart Inc (WMT) Top Institutional Holders
4110.0 institutions hold shares in Walmart Inc (WMT), with institutional investors hold 65.77% of the company’s shares. The shares outstanding are 8.05B, and float is at 4.35B with Short Float at 0.73%. Institutions hold 35.27% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 412.97 million shares valued at $27.96 billion. The investor’s holdings represent 5.1282% of the WMT Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 296.91 million shares valued at $20.1 billion to account for 3.687 of the shares outstanding. The other top investors are STATE STREET CORP which holds 187.48 million shares representing 2.328% and valued at over $12.69 billion, while GEODE CAPITAL MANAGEMENT, LLC holds 1.0534 of the shares totaling 84.83 million with a market value of $5.73 billion.
Walmart Inc (WMT) Insider Activity
The most recent transaction is an insider sale by Rainey John D, the company’s Executive Vice President. SEC filings show that Rainey John D sold 3,000 shares of the company’s common stock on Nov 01 ’24 at a price of $82.12 per share for a total of $0.25 million. Following the sale, the insider now owns 0.38 million shares.
Walmart Inc disclosed in a document filed with the SEC on Oct 24 ’24 that McMillon C Douglas (President and CEO) sold a total of 29,124 shares of the company’s common stock. The trade occurred on Oct 24 ’24 and was made at $82.79 per share for $2.41 million. Following the transaction, the insider now directly holds 3.84 million shares of the WMT stock.
Still, SEC filings show that on Oct 24 ’24, Furner John R. (Executive Vice President) disposed off 13,125 shares at an average price of $82.96 for $1.09 million. The insider now directly holds 593,040 shares of Walmart Inc (WMT).
