Analysts’ Recent Ratings Changes for Walmart (WMT)

Walmart (NYSE: WMT) recently received a number of ratings updates from brokerages and research firms:

  • 11/20/2018 – Walmart was downgraded by analysts at Daiwa Capital Markets from an “outperform” rating to a “neutral” rating. They now have a $101.00 price target on the stock.
  • 11/20/2018 – Walmart had its “neutral” rating reaffirmed by analysts at Wells Fargo & Co. They now have a $98.00 price target on the stock.
  • 11/20/2018 – Walmart had its “neutral” rating reaffirmed by analysts at Independent Research GmbH. They now have a $101.00 price target on the stock.
  • 11/19/2018 – Walmart had its “buy” rating reaffirmed by analysts at Raymond James. They now have a $105.00 price target on the stock.
  • 11/16/2018 – Walmart had its price target raised by analysts at KeyCorp from $107.00 to $112.00. They now have an “overweight” rating on the stock.
  • 11/16/2018 – Walmart had its “neutral” rating reaffirmed by analysts at Morgan Stanley. They now have a $107.00 price target on the stock.
  • 11/16/2018 – Walmart was given a new $117.00 price target on by analysts at Stephens. They now have a “buy” rating on the stock.
  • 11/16/2018 – Walmart had its price target raised by analysts at Citigroup Inc from $113.00 to $116.00. They now have a “buy” rating on the stock.
  • 11/16/2018 – Walmart had its price target raised by analysts at Deutsche Bank AG from $112.00 to $116.00. They now have a “buy” rating on the stock.
  • 11/15/2018 – Walmart was given a new $103.00 price target on by analysts at Credit Suisse Group AG. They now have a “hold” rating on the stock.
  • 11/8/2018 – Walmart was given a new $96.00 price target on by analysts at Morningstar, Inc.. They now have a “sell” rating on the stock.
  • 10/29/2018 – Walmart had its price target raised by analysts at Cowen Inc from $115.00 to $120.00. They now have an “outperform” rating on the stock.
  • 10/22/2018 – Walmart had its price target lowered by analysts at MKM Partners from $107.00 to $105.00.
  • 10/18/2018 – Walmart had its “buy” rating reaffirmed by analysts at Raymond James. They now have a $105.00 price target on the stock.
  • 10/17/2018 – Walmart had its “neutral” rating reaffirmed by analysts at Credit Suisse Group AG. They now have a $103.00 price target on the stock.
  • 10/17/2018 – Walmart had its “neutral” rating reaffirmed by analysts at Goldman Sachs Group Inc. They now have a $100.00 price target on the stock.
  • 10/16/2018 – Walmart had its “buy” rating reaffirmed by analysts at Guggenheim. They now have a $110.00 price target on the stock. They wrote, “We note a few key standouts from WMT’s financial plan (and our store tours). We await further detail from today’s meeting prior to updating our forecasts. We remain $110 PT.””
  • 10/11/2018 – Walmart had its price target raised by analysts at Morgan Stanley from $98.00 to $102.00. They now have an “equal weight” rating on the stock.
  • 10/9/2018 – Walmart was upgraded by analysts at Deutsche Bank AG from a “hold” rating to a “buy” rating. They now have a $113.00 price target on the stock, up previously from $89.00.
  • 10/8/2018 – Walmart had its price target raised by analysts at JPMorgan Chase & Co. to $108.00. They now have a “neutral” rating on the stock.
  • 10/4/2018 – Walmart had its “neutral” rating reaffirmed by analysts at Morgan Stanley. They now have a $98.00 price target on the stock.

Shares of NYSE:WMT traded up $0.46 during midday trading on Monday, hitting $95.56. 152,818 shares of the company’s stock traded hands, compared to its average volume of 9,182,652. Walmart Inc has a twelve month low of $81.78 and a twelve month high of $109.98. The company has a current ratio of 0.81, a quick ratio of 0.22 and a debt-to-equity ratio of 0.63. The firm has a market capitalization of $281.72 billion, a price-to-earnings ratio of 21.62, a PEG ratio of 3.88 and a beta of 0.35.

Walmart (NYSE:WMT) last issued its quarterly earnings data on Thursday, November 15th. The retailer reported $1.08 EPS for the quarter, topping analysts’ consensus estimates of $1.02 by $0.06. Walmart had a net margin of 1.01% and a return on equity of 18.36%. The firm had revenue of $124.89 billion for the quarter, compared to analyst estimates of $124.86 billion. On average, analysts predict that Walmart Inc will post 4.81 earnings per share for the current year.

In other Walmart news, insider Jacqueline P. Canney sold 4,026 shares of the business’s stock in a transaction on Monday, November 19th. The shares were sold at an average price of $97.95, for a total value of $394,346.70. Following the transaction, the insider now owns 53,250 shares in the company, valued at approximately $5,215,837.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director S Robson Walton sold 600,000 shares of the business’s stock in a transaction on Tuesday, September 11th. The stock was sold at an average price of $96.92, for a total transaction of $58,152,000.00. Following the completion of the transaction, the director now owns 3,347,254 shares in the company, valued at approximately $324,415,857.68. The disclosure for this sale can be found here. Insiders sold a total of 10,180,531 shares of company stock worth $973,815,091 in the last quarter. 51.11% of the stock is currently owned by company insiders.

Hedge funds have recently modified their holdings of the business. CSat Investment Advisory L.P. bought a new stake in shares of Walmart in the 2nd quarter worth about $111,000. Amussen Hunsaker Associates LLC bought a new stake in shares of Walmart in the 2nd quarter worth about $152,000. ELM Advisors LLC bought a new stake in shares of Walmart in the 3rd quarter worth about $152,000. Berman Capital Advisors LLC bought a new stake in shares of Walmart in the 3rd quarter worth about $158,000. Finally, Harvest Fund Management Co. Ltd bought a new stake in shares of Walmart in the 3rd quarter worth about $162,000. Hedge funds and other institutional investors own 29.09% of the company’s stock.

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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