The stock of Walmart Inc (WMT) has seen a 2.02% increase in the past week, with a 10.66% gain in the past month, and a 17.44% flourish in the past quarter. The volatility ratio for the week is 1.05%, and the volatility levels for the past 30 days are at 1.57% for WMT. The simple moving average for the past 20 days is 7.42% for WMT’s stock, with a 26.43% simple moving average for the past 200 days.
Is It Worth Investing in Walmart Inc (NYSE: WMT) Right Now?
Walmart Inc (NYSE: WMT) has a price-to-earnings ratio of 40.13x that is above its average ratio. Additionally, the 36-month beta value for WMT is 0.51. There are mixed opinions on the stock, with 7 analysts rating it as a “buy,” 8 rating it as “overweight,” 15 rating it as “hold,” and 1 rating it as “sell.”
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The public float for WMT is 4.31B and currently, short sellers hold a 0.93% ratio of that float. The average trading volume of WMT on September 03, 2024 was 15.46M shares.
WMT) stock’s latest price update
Walmart Inc (NYSE: WMT) has experienced a rise in its stock price by 1.06 compared to its previous closing price of 76.42. However, the company has seen a gain of 2.02% in its stock price over the last five trading days. fool.com reported 2024-09-02 that The retailer’s massive physical footprint fuels its ever-growing digital presence. Walmart is also now thinking about how consumers live their lives, recognizing that people will pay for convenience.
Analysts’ Opinion of WMT
Many brokerage firms have already submitted their reports for WMT stocks, with Telsey Advisory Group repeating the rating for WMT by listing it as a “Outperform.” The predicted price for WMT in the upcoming period, according to Telsey Advisory Group is $82 based on the research report published on August 16, 2024 of the current year 2024.
Piper Sandler, on the other hand, stated in their research note that they expect to see WMT reach a price target of $81. The rating they have provided for WMT stocks is “Overweight” according to the report published on July 10th, 2024.
Stifel gave a rating of “Hold” to WMT, setting the target price at $71 in the report published on July 02nd of the current year.
WMT Trading at 9.77% from the 50-Day Moving Average
After a stumble in the market that brought WMT to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 0.99% of gains for the given period.
Volatility was left at 1.57%, however, over the last 30 days, the volatility rate increased by 1.05%, as shares surge +12.81% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +13.56% upper at present.
During the last 5 trading sessions, WMT rose by +2.02%, which changed the moving average for the period of 200-days by +38.17% in comparison to the 20-day moving average, which settled at $72.33. In addition, Walmart Inc saw 46.96% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at WMT starting from McMillon C Douglas, who sale 29,124 shares at the price of $75.67 back on Aug 22 ’24. After this action, McMillon C Douglas now owns 3,902,177 shares of Walmart Inc, valued at $2,203,799 using the latest closing price.
Furner John R., the Executive Vice President of Walmart Inc, sale 13,125 shares at $75.33 during a trade that took place back on Aug 22 ’24, which means that Furner John R. is holding 619,290 shares at $988,706 based on the most recent closing price.
Stock Fundamentals for WMT
Current profitability levels for the company are sitting at:
- 0.04 for the present operating margin
- 0.25 for the gross margin
The net margin for Walmart Inc stands at 0.02. The total capital return value is set at 0.18. Equity return is now at value 18.97, with 6.10 for asset returns.
Based on Walmart Inc (WMT), the company’s capital structure generated 0.33 points at debt to capital in total, while cash flow to debt ratio is standing at 0.8. The debt to equity ratio resting at 0.5. The interest coverage ratio of the stock is 10.19.
Currently, EBITDA for the company is 38.87 billion with net debt to EBITDA at 1.46. When we switch over and look at the enterprise to sales, we see a ratio of 1.01. The receivables turnover for the company is 76.88for trailing twelve months and the total asset turnover is 2.61. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.80.
Conclusion
In conclusion, Walmart Inc (WMT) has seen better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
