Wal-Mart Stores (WMT) – Investment Analysts’ Recent Ratings Changes

A number of research firms have changed their ratings and price targets for Wal-Mart Stores (NYSE: WMT):

  • 1/16/2018 – Wal-Mart Stores was given a new $115.00 price target on by analysts at Goldman Sachs Group Inc. They now have a “neutral” rating on the stock.
  • 1/13/2018 – Wal-Mart Stores was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $114.00 price target on the stock. According to Zacks, “Wal-Mart Stores, which recently announced plans to drop the “hyphen” and “stores” from its name to officially emerge as an omnichannel retailer, has surpassed the industry in a year. The company has been riding on its robust past record, which derives strength from constant e-commerce initiatives, like buyouts, alliances, surging grocery business and improved delivery systems. Thanks to these trends, along with solid traffic, Walmart’s third-quarter fiscal 2018 marked its ninth and 13th straight quarter of positive earnings surprise and comps growth, respectively. Also, the company’s international business remains a growth driver. However, costs associated with technological and e-commerce investments; mix impact from growing e-commerce operations and a compelling pricing strategy have been hurting Walmart’s gross margin for a while now. Stiff competition and volatile consumer spending also pose threats.”
  • 1/10/2018 – Wal-Mart Stores was upgraded by analysts at Vetr from a “hold” rating to a “buy” rating. They now have a $104.38 price target on the stock.
  • 1/6/2018 – Wal-Mart Stores was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Wal-Mart Stores, which recently announced plans to drop the “hyphen” and “stores” from its name to officially emerge as an omnichannel retailer, has surpassed the industry in a year. The company has been riding on its robust past record, which derives strength from constant e-commerce initiatives, like buyouts, alliances, surging grocery business and improved delivery systems. Thanks to these trends, along with solid traffic, Walmart’s third-quarter fiscal 2018 marked its ninth and 13th straight quarter of positive earnings surprise and comps growth, respectively. Also, the company’s international business remains a growth driver. However, costs associated with technological and e-commerce investments; mix impact from growing e-commerce operations and a compelling pricing strategy have been hurting Walmart’s gross margin for a while now. Stiff competition and volatile consumer spending also pose threats.”
  • 1/5/2018 – Wal-Mart Stores was given a new $106.00 price target on by analysts at Royal Bank of Canada. They now have a “neutral” rating on the stock.
  • 1/4/2018 – Wal-Mart Stores was given a new $100.00 price target on by analysts at UBS Group AG. They now have a “neutral” rating on the stock.
  • 1/2/2018 – Wal-Mart Stores was given a new $110.00 price target on by analysts at Robert W. Baird. They now have a “buy” rating on the stock.
  • 1/2/2018 – Wal-Mart Stores was given a new $101.00 price target on by analysts at Wells Fargo & Co. They now have a “neutral” rating on the stock.
  • 12/31/2017 – Wal-Mart Stores was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating.
  • 12/27/2017 – Wal-Mart Stores was given a new $101.00 price target on by analysts at Wells Fargo & Co. They now have a “neutral” rating on the stock.
  • 12/21/2017 – Wal-Mart Stores was given a new $101.00 price target on by analysts at Wells Fargo & Co. They now have a “neutral” rating on the stock.
  • 12/20/2017 – Wal-Mart Stores was upgraded by analysts at Wolfe Research from an “underperform” rating to a “market perform” rating.
  • 12/19/2017 – Wal-Mart Stores was upgraded by analysts at Citigroup Inc from a “neutral” rating to a “buy” rating. They now have a $117.00 price target on the stock, up previously from $106.00.
  • 12/12/2017 – Wal-Mart Stores had its “equal weight” rating reaffirmed by analysts at Morgan Stanley. They now have a $100.00 price target on the stock, up previously from $92.00.
  • 12/4/2017 – Wal-Mart Stores is now covered by analysts at Moffett Nathanson. They set a “neutral” rating on the stock.
  • 11/29/2017 – Wal-Mart Stores was upgraded by analysts at Royal Bank of Canada from an “underperform” rating to a “sector perform” rating. They now have a $96.00 price target on the stock.
  • 11/27/2017 – Wal-Mart Stores was upgraded by analysts at Vetr from a “sell” rating to a “hold” rating. They now have a $96.71 price target on the stock.
  • 11/22/2017 – Wal-Mart Stores had its “buy” rating reaffirmed by analysts at Cowen Inc. They now have a $110.00 price target on the stock.
  • 11/21/2017 – Wal-Mart Stores had its “buy” rating reaffirmed by analysts at Barclays PLC. They now have a $110.00 price target on the stock.
  • 11/20/2017 – Wal-Mart Stores was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $112.00 price target on the stock. According to Zacks, “Walmart has surpassed the industry over a year, courtesy of its solid earnings and comps record. The company has been gaining from constant e-commerce initiatives, like buyouts, alliances, and improved delivery systems. These trends, along with solid traffic drove Walmart’s third-quarter fiscal 2018 performance, wherein both earnings and revenues rose year over year and beat estimates. Notably, this marked Walmart’s ninth and 13th straight quarter of positive earnings surprise and U.S. comps growth, respectively. Results were driven by strong e-commerce sales, which were majorly fuelled by Walmart’s online grocery services. Also, the company’s international performance gained from strength in food categories. All these factors encouraged management to raise its view. However, stiff competition from brick and mortar and online retailers remains a concern. Also, macroeconomic woes like volatile consumer spending poses threats.”
  • 11/20/2017 – Wal-Mart Stores was downgraded by analysts at Goldman Sachs Group Inc from a “buy” rating to a “neutral” rating. They now have a $100.00 price target on the stock. They noted that the move was a valuation call. They noted that the move was a valuation call.
  • 11/20/2017 – Wal-Mart Stores was given a new $110.00 price target on by analysts at Jefferies Group LLC. They now have a “buy” rating on the stock.

Shares of Wal-Mart Stores, Inc. (NYSE WMT) opened at $100.69 on Wednesday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.19 and a current ratio of 0.81. The stock has a market cap of $298,280.00, a PE ratio of 26.78, a price-to-earnings-growth ratio of 3.71 and a beta of 0.37. Wal-Mart Stores, Inc. has a one year low of $65.28 and a one year high of $102.35.

Wal-Mart Stores (NYSE:WMT) last issued its quarterly earnings results on Thursday, November 16th. The retailer reported $1.00 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.97 by $0.03. The company had revenue of $122.14 billion for the quarter, compared to analyst estimates of $120.23 billion. Wal-Mart Stores had a net margin of 2.31% and a return on equity of 16.92%. The business’s revenue for the quarter was up 4.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.98 earnings per share. sell-side analysts anticipate that Wal-Mart Stores, Inc. will post 4.43 EPS for the current fiscal year.

In other Wal-Mart Stores news, insider Jacqueline P. Canney sold 2,065 shares of the business’s stock in a transaction dated Monday, December 11th. The shares were sold at an average price of $96.99, for a total transaction of $200,284.35. Following the sale, the insider now directly owns 19,060 shares in the company, valued at $1,848,629.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Alice L. Walton sold 2,900,679 shares of the business’s stock in a transaction dated Friday, November 17th. The stock was sold at an average price of $97.82, for a total transaction of $283,744,419.78. Following the sale, the insider now owns 6,748,580 shares in the company, valued at $660,146,095.60. The disclosure for this sale can be found here. Insiders have sold 12,419,588 shares of company stock worth $1,207,333,538 over the last quarter. Insiders own 51.39% of the company’s stock.

Wal-Mart Stores, Inc is engaged in the operation of retail, wholesale and other units in various formats around the world. The Company operates through three segments: Walmart U.S., Walmart International and Sam’s Club. The Walmart U.S. segment includes its mass merchant concept in the United States operating under the Walmart or Wal-Mart brands, as well as digital retail.

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