Market Insights: Walmart Inc (WMT)’s Notable Drop of -0.05, Closing at 59.83

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As of close of business last night, Walmart Inc’s stock clocked out at $59.83, down -0.05% from its previous closing price of $59.86. In other words, the price has decreased by -$0.05 from its previous closing price. On the day, 21.76 million shares were traded. WMT stock price reached its highest trading level at $59.94 during the session, while it also had its lowest trading level at $59.47.

Ratios:

To gain a deeper understanding of WMT’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 48.87 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 31.89. For the most recent quarter (mrq), Quick Ratio is recorded 0.24 and its Current Ratio is at 0.83. In the meantime, Its Debt-to-Equity ratio is 0.73 whereas as Long-Term Debt/Eq ratio is at 0.65.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Telsey Advisory Group on February 21, 2024, Reiterated its Outperform rating but revised its target price to $205 from $185 previously.

On September 22, 2023, HSBC Securities started tracking the stock assigning a Buy rating and target price of $200.

RBC Capital Mkts reiterated its Outperform rating for the stock on August 18, 2023, while the target price for the stock was revised from $165 to $168.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on May 01 ’24 when Rainey John D sold 3,000 shares for $59.08 per share. The transaction valued at 177,248 led to the insider holds 521,613 shares of the business.

McMillon C Douglas sold 29,124 shares of WMT for $1,748,325 on Apr 25 ’24. The President and CEO now owns 4,018,650 shares after completing the transaction at $60.03 per share. On Apr 01 ’24, another insider, Rainey John D, who serves as the Executive Vice President of the company, sold 3,000 shares for $60.26 each. As a result, the insider received 180,782 and left with 524,613 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WMT now has a Market Capitalization of 482217230336 and an Enterprise Value of 542233067520. As of this moment, Walmart’s Price-to-Earnings (P/E) ratio for their current fiscal year is 31.27, and their Forward P/E ratio for the next fiscal year is 23.09. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.91. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.74 while its Price-to-Book (P/B) ratio in mrq is 5.75. Its current Enterprise Value per Revenue stands at 0.837 whereas that against EBITDA is 13.952.

Stock Price History:

The Beta on a monthly basis for WMT is 0.50, which has changed by 0.18498707 over the last 52 weeks, in comparison to a change of 0.2644323 over the same period for the S&P500. Over the past 52 weeks, WMT has reached a high of $61.65, while it has fallen to a 52-week low of $48.34. The 50-Day Moving Average of the stock is -0.59%, while the 200-Day Moving Average is calculated to be 7.81%.

Shares Statistics:

It appears that WMT traded 18.43M shares on average per day over the past three months and 15555520 shares per day over the past ten days. A total of 8.05B shares are outstanding, with a floating share count of 4.33B. Insiders hold about 46.29% of the company’s shares, while institutions hold 34.82% stake in the company. Shares short for WMT as of 1714435200 were 33934650 with a Short Ratio of 1.84, compared to 1711584000 on 37138652. Therefore, it implies a Short% of Shares Outstanding of 33934650 and a Short% of Float of 0.7799999999999999.

Dividends & Splits

With its trailing 12-month dividend rate of 0.76, WMT has a forward annual dividend rate of 1.55. Against a Trailing Annual Dividend Yield of 0.012696291The stock’s 5-year Average Dividend Yield is 1.6. The current Payout Ratio is 39.73% for WMT, which recently paid a dividend on 2024-03-14 with an ex-dividend date of 1723680000. Stock splits for the company last occurred on 2024-02-26 when the company split stock in a 3:1 ratio.

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