Walmart (NYSE:WMT) Announces Quarterly Earnings Results

Walmart (NYSE:WMT) announced its quarterly earnings results on Tuesday. The retailer reported $0.58 EPS for the quarter, beating the consensus estimate of $0.53 by $0.05, Briefing.com reports. Walmart had a net margin of 2.92% and a return on equity of 21.78%. The firm had revenue of $169.59 billion during the quarter, compared to the consensus estimate of $167.69 billion. During the same period last year, the firm earned $0.51 EPS. The business’s quarterly revenue was up 5.5% compared to the same quarter last year. Walmart updated its FY 2025 guidance to 2.420-2.470 EPS and its FY25 guidance to $2.42-2.47 EPS.

Walmart Price Performance

Shares of NYSE WMT opened at $87.18 on Thursday. Walmart has a 1 year low of $49.85 and a 1 year high of $88.29. The company has a debt-to-equity ratio of 0.56, a current ratio of 0.85 and a quick ratio of 0.22. The company’s 50-day moving average is $81.75 and its 200 day moving average is $73.43. The stock has a market capitalization of $700.77 billion, a P/E ratio of 35.78, a P/E/G ratio of 4.33 and a beta of 0.51.

Insider Activity at Walmart

In related news, CEO C Douglas Mcmillon sold 29,124 shares of the business’s stock in a transaction dated Thursday, September 26th. The shares were sold at an average price of $80.64, for a total transaction of $2,348,559.36. Following the transaction, the chief executive officer now owns 3,873,053 shares in the company, valued at $312,322,993.92. The trade was a 0.75 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, major shareholder Alice L. Walton sold 2,709,163 shares of the business’s stock in a transaction dated Tuesday, September 3rd. The shares were sold at an average price of $77.37, for a total transaction of $209,607,941.31. Following the transaction, the insider now owns 630,501,148 shares in the company, valued at $48,781,873,820.76. This represents a 0.43 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 12,337,337 shares of company stock worth $958,823,647 over the last 90 days. 45.58% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

WMT has been the subject of several analyst reports. JPMorgan Chase & Co. raised their price target on shares of Walmart from $81.00 to $83.00 and gave the company an “overweight” rating in a report on Friday, August 16th. Bank of America raised their price target on shares of Walmart from $95.00 to $105.00 and gave the company a “buy” rating in a report on Wednesday. The Goldman Sachs Group lifted their price objective on shares of Walmart from $73.00 to $81.00 and gave the stock a “buy” rating in a report on Friday, August 16th. BMO Capital Markets lifted their price objective on shares of Walmart from $80.00 to $100.00 and gave the stock an “outperform” rating in a report on Monday. Finally, Melius Research started coverage on shares of Walmart in a report on Monday, September 23rd. They set a “buy” rating and a $95.00 price objective for the company. One investment analyst has rated the stock with a hold rating, twenty-nine have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $91.51.

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.