Equities research analysts expect Wal-Mart Stores, Inc. (NYSE:WMT) to report $134.95 billion in sales for the current fiscal quarter, according to Zacks. Nine analysts have made estimates for Wal-Mart Stores’ earnings, with the lowest sales estimate coming in at $133.62 billion and the highest estimate coming in at $136.72 billion. Wal-Mart Stores posted sales of $130.94 billion during the same quarter last year, which suggests a positive year over year growth rate of 3.1%. The business is expected to report its next earnings report on Tuesday, February 20th.

On average, analysts expect that Wal-Mart Stores will report full-year sales of $134.95 billion for the current fiscal year, with estimates ranging from $494.23 billion to $500.80 billion. For the next year, analysts forecast that the firm will report sales of $511.52 billion per share, with estimates ranging from $505.18 billion to $516.45 billion. Zacks’ sales calculations are a mean average based on a survey of research analysts that cover Wal-Mart Stores.

Wal-Mart Stores (NYSE:WMT) last released its earnings results on Thursday, November 16th. The retailer reported $1.00 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.97 by $0.03. The company had revenue of $122.14 billion during the quarter, compared to analysts’ expectations of $120.23 billion. Wal-Mart Stores had a return on equity of 16.92% and a net margin of 2.31%. The business’s revenue for the quarter was up 4.2% on a year-over-year basis. During the same period last year, the firm earned $0.98 EPS.

A number of equities research analysts recently commented on WMT shares. Royal Bank Of Canada set a $76.00 price objective on Wal-Mart Stores and gave the stock a “sell” rating in a research note on Friday, August 4th. Cowen set a $86.00 price objective on Wal-Mart Stores and gave the stock a “buy” rating in a research note on Monday, August 7th. Stephens raised Wal-Mart Stores from an “equal weight” rating to an “overweight” rating and lifted their price objective for the stock from $78.00 to $91.00 in a research note on Friday, August 11th. Jefferies Group set a $88.00 price objective on Wal-Mart Stores and gave the stock a “buy” rating in a research note on Friday, August 11th. Finally, BidaskClub raised Wal-Mart Stores from a “buy” rating to a “strong-buy” rating in a research note on Friday, August 11th. One analyst has rated the stock with a sell rating, twenty have issued a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $92.68.

In other news, EVP John R. Furner sold 1,200 shares of the company’s stock in a transaction that occurred on Friday, November 17th. The stock was sold at an average price of $99.29, for a total value of $119,148.00. Following the transaction, the executive vice president now owns 48,757 shares of the company’s stock, valued at $4,841,082.53. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Alice L. Walton sold 1,652,342 shares of the stock in a transaction that occurred on Wednesday, September 6th. The stock was sold at an average price of $79.35, for a total value of $131,113,337.70. Following the sale, the insider now directly owns 6,748,580 shares in the company, valued at approximately $535,499,823. The disclosure for this sale can be found here. Insiders sold 14,206,814 shares of company stock worth $1,315,588,329 in the last ninety days. 51.39% of the stock is owned by company insiders.

A number of large investors have recently modified their holdings of the stock. Winfield Associates Inc. lifted its stake in Wal-Mart Stores by 5.8% during the second quarter. Winfield Associates Inc. now owns 1,373 shares of the retailer’s stock worth $104,000 after purchasing an additional 75 shares during the last quarter. TrimTabs Asset Management LLC lifted its stake in Wal-Mart Stores by 89.2% during the first quarter. TrimTabs Asset Management LLC now owns 1,476 shares of the retailer’s stock worth $106,000 after purchasing an additional 696 shares during the last quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC lifted its stake in Wal-Mart Stores by 3.3% during the second quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 1,429 shares of the retailer’s stock worth $108,000 after purchasing an additional 45 shares during the last quarter. Thompson Davis & CO. Inc. lifted its stake in Wal-Mart Stores by 456.9% during the second quarter. Thompson Davis & CO. Inc. now owns 1,526 shares of the retailer’s stock worth $115,000 after purchasing an additional 1,252 shares during the last quarter. Finally, Hudock Capital Group LLC lifted its stake in Wal-Mart Stores by 0.4% during the second quarter. Hudock Capital Group LLC now owns 1,847 shares of the retailer’s stock worth $139,000 after purchasing an additional 7 shares during the last quarter. 30.40% of the stock is currently owned by institutional investors and hedge funds.

Wal-Mart Stores (WMT) traded up $0.12 during midday trading on Friday, hitting $97.35. The stock had a trading volume of 8,175,312 shares, compared to its average volume of 10,567,204. The firm has a market cap of $290,535.28, a PE ratio of 22.20, a P/E/G ratio of 3.59 and a beta of 0.37. Wal-Mart Stores has a one year low of $65.28 and a one year high of $100.13. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.81 and a quick ratio of 0.19.

Wal-Mart Stores declared that its board has approved a stock repurchase plan on Tuesday, October 10th that permits the company to repurchase $20.00 billion in outstanding shares. This repurchase authorization permits the retailer to buy shares of its stock through open market purchases. Shares repurchase plans are usually a sign that the company’s management believes its shares are undervalued.

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About Wal-Mart Stores

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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Earnings History and Estimates for Wal-Mart Stores (NYSE:WMT)

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