Walmart (NYSE:WMT) Issues Q2 Earnings Guidance

Walmart (NYSE:WMT) issued an update on its second quarter earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $0.62-0.65 for the period, compared to the consensus estimate of $0.64. The company issued revenue guidance of +3.5-4.5% yr/yr to $167.29-168.58 billion, compared to the consensus revenue estimate of $167.62 billion. Walmart also updated its FY 2025 guidance to 2.370- EPS.

Walmart Stock Up 0.1 %

WMT opened at $64.06 on Friday. The company has a market capitalization of $516.20 billion, a PE ratio of 33.44, a price-to-earnings-growth ratio of 3.90 and a beta of 0.49. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.83 and a quick ratio of 0.24. Walmart has a fifty-two week low of $48.34 and a fifty-two week high of $64.42. The business has a 50-day moving average of $60.25 and a 200-day moving average of $56.42.

Walmart (NYSE:WMT) last issued its quarterly earnings data on Thursday, May 16th. The retailer reported $0.60 earnings per share for the quarter, beating the consensus estimate of $0.52 by $0.08. The firm had revenue of $161.50 billion for the quarter, compared to analyst estimates of $159.57 billion. Walmart had a net margin of 2.39% and a return on equity of 21.08%. The company’s revenue for the quarter was up 6.0% on a year-over-year basis. During the same quarter last year, the firm earned $0.49 earnings per share. Equities research analysts forecast that Walmart will post 2.36 EPS for the current fiscal year.

Walmart Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, January 6th. Investors of record on Friday, December 13th will be issued a $0.2075 dividend. This represents a $0.83 dividend on an annualized basis and a yield of 1.30%. The ex-dividend date of this dividend is Friday, December 13th. Walmart’s dividend payout ratio is presently 43.38%.

Wall Street Analyst Weigh In

A number of analysts have weighed in on WMT shares. Truist Financial boosted their price target on Walmart from $60.00 to $64.00 and gave the stock a hold rating in a research report on Friday. UBS Group upped their target price on Walmart from $63.00 to $69.00 and gave the stock a buy rating in a research report on Tuesday, May 7th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Walmart from $62.00 to $63.33 and gave the company a buy rating in a research report on Friday, February 16th. Roth Mkm upped their price objective on shares of Walmart from $69.00 to $71.00 and gave the stock a buy rating in a report on Friday. Finally, Morgan Stanley dropped their target price on shares of Walmart to $66.67 and set an overweight rating on the stock in a report on Monday, February 26th. Four analysts have rated the stock with a hold rating, twenty-six have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of Moderate Buy and an average target price of $64.19.

Insider Buying and Selling at Walmart

In other news, EVP John D. Rainey sold 3,000 shares of Walmart stock in a transaction that occurred on Wednesday, May 1st. The shares were sold at an average price of $59.08, for a total value of $177,240.00. Following the completion of the transaction, the executive vice president now owns 521,613 shares in the company, valued at $30,816,896.04. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, major shareholder Alice L. Walton sold 345,000 shares of the company’s stock in a transaction dated Thursday, March 14th. The shares were sold at an average price of $60.93, for a total transaction of $21,020,850.00. Following the transaction, the insider now owns 652,044,261 shares in the company, valued at approximately $39,729,056,822.73. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP John D. Rainey sold 3,000 shares of the firm’s stock in a transaction dated Wednesday, May 1st. The shares were sold at an average price of $59.08, for a total transaction of $177,240.00. Following the completion of the sale, the executive vice president now owns 521,613 shares of the company’s stock, valued at approximately $30,816,896.04. The disclosure for this sale can be found here. Insiders have sold a total of 29,019,140 shares of company stock worth $1,696,045,631 over the last ninety days. Corporate insiders own 46.51% of the company’s stock.

Walmart Company Profile

Walmart Inc engages in the operation of retail, wholesale, other units, and eCommerce 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, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.