Analysts’ Weekly Ratings Changes for Wal-Mart Stores (WMT)

A number of firms have modified their ratings and price targets on shares of Wal-Mart Stores (NYSE: WMT) recently:

  • 2/10/2018 – 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, “Wal-Mart Stores, which recently dropped 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.”
  • 2/8/2018 – Wal-Mart Stores was given a new $120.00 price target on by analysts at Cowen Inc. They now have a “buy” rating on the stock.
  • 2/2/2018 – Wal-Mart Stores was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating.
  • 2/1/2018 – Wal-Mart Stores was upgraded by analysts at Vetr from a “hold” rating to a “buy” rating. They now have a $110.28 price target on the stock.
  • 1/26/2018 – Wal-Mart Stores had its price target raised by analysts at Barclays PLC to $120.00. They now have an “overweight” rating on the stock.
  • 1/23/2018 – Wal-Mart Stores had its “neutral” rating reaffirmed by analysts at JPMorgan Chase & Co..
  • 1/21/2018 – 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.”
  • 1/18/2018 – Wal-Mart Stores was given a new $85.00 price target on by analysts at Macquarie. They now have a “neutral” rating on the stock.
  • 1/18/2018 – Wal-Mart Stores was upgraded by analysts at Goldman Sachs Group Inc from a “neutral” rating to a “buy” rating.
  • 1/16/2018 – Wal-Mart Stores was given a new $117.00 price target on by analysts at Stephens. They now have a “buy” rating on the stock.
  • 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.

Shares of Wal-Mart Stores Inc (NYSE:WMT) traded up $0.61 during trading hours on Monday, hitting $99.98. 2,574,987 shares of the company’s stock were exchanged, compared to its average volume of 8,779,387. The firm has a market cap of $296,650.00, a price-to-earnings ratio of 26.59, a P/E/G ratio of 3.55 and a beta of 0.42. Wal-Mart Stores Inc has a 52 week low of $67.56 and a 52 week high of $109.98. The company has a quick ratio of 0.19, a current ratio of 0.81 and a debt-to-equity ratio of 0.52.

Wal-Mart Stores (NYSE:WMT) last issued its earnings results on Thursday, November 16th. The retailer reported $1.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.97 by $0.03. The company had revenue of $122.14 billion during 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 company’s revenue for the quarter was up 4.2% on a year-over-year basis. During the same quarter last year, the business posted $0.98 EPS. sell-side analysts expect that Wal-Mart Stores Inc will post 4.44 earnings per share for the current year.

In other news, insider Gregory S. Foran sold 52,793 shares of the firm’s stock in a transaction on Friday, November 17th. The shares were sold at an average price of $96.86, for a total transaction of $5,113,529.98. Following the transaction, the insider now owns 121,457 shares in the company, valued at approximately $11,764,325.02. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director S Robson Walton sold 826,617 shares of the firm’s stock in a transaction on Wednesday, November 22nd. The shares were sold at an average price of $96.39, for a total transaction of $79,677,612.63. Following the transaction, the director now owns 3,345,065 shares in the company, valued at approximately $322,430,815.35. The disclosure for this sale can be found here. Insiders have sold a total of 12,419,588 shares of company stock valued at $1,207,333,538 in the last three months. Company 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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