They now have a $63.00 price target on the retailer's stock. They now have a $63.00 price objective on the retailer's stock.
A number of other research firms also recently commented on WMT.
Wal-Mart Stores Inc. (NYSE:WMT) reported its last quarterly earnings on Jul 16 where the firm reported its Actual EPS of $1.07/share against the analyst consensus estimate of $1.02/share. The company has got a 52-week exceptional price of $44.04 and reached a 52-week lowest of the share price at $43.14. Wealthtrust has 2,536 shares for 0.11% of their U.S. portfolio. 10,315,069 shares of the company's stock traded hands.
09/12/2016 - Wal-Mart Stores, Inc. was upgraded to "outperform" by analysts at Cowen. They issued a "buy" rating and a $82.00 price target for the company. (WMT) is getting weaker by the somewhat negative sentiment (2.70 on a 5-point scale) that sell-side analysts have provided concerning it. Brokerage firms on the average advocate the company shares as Buy. The stock has been given a mean Hold rating after the consensus analysis of 32 Analysts.
Daniel Eckert, senior vice-president of services at Wal-Mart U.S., stated in an interview late on Friday that the retailer would tweak its marketing for the app following the most frequent users turned out to be Gen X consumers, born from 1965 to 1967, and baby boomers born from 1946 to 1964.
The 52-week high of the share price is -63.08% and 52-week low of the share price is 0.23%. The stock's price moved below its 200 day moving average of $71.02. The firm has a market capitalization of $215.85 billion, a PE ratio of 15.02 and a beta of 0.10.
On November 17, 2015, it announced earnings per share at $1.03 versus the consensus estimate of $0.97 per share (positive surprise of 6.19%). The Oklahoma-based Pinnacle Hldg Ltd Llc has invested 0% in Wal-Mart Stores, Inc. The business earned $120.90 billion during the quarter, compared to analyst estimates of $119.33 billion. During the same quarter in the previous year, the company posted $1.08 EPS.
The research entity had estimated EPS target of $0.87 for this quarter, and this estimate may not be on the same line as that of First Call EPS projections. The stock closed at $69.78 during the last session. The shares were sold at an average price of $73.02, for a total value of $255,745,101.96. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The weekly volatility of T is 1.39% and monthly volatility is 1.46%. The stock was sold at an average price of $71.37, for a total value of $250,134,435.72. Company has 0.10% insider ownership. Its platforms enable sellers to organize and offer inventory for sale; and buyers to find and buy it virtually anytime and anywhere.
Several institutional investors have recently bought and sold shares of the company. Ameriprise Financial Inc. raised its position in Wal-Mart Stores by 4.9% in the second quarter. The Short Ratio for the stock is 3.64. Gemmer Asset Management LLC now owns 2,902 shares of the retailer's stock worth $212,000 after buying an additional 11 shares during the last quarter. Compass Capital Management Inc. now owns 274,940 shares of the retailer's stock worth $20,076,000 after buying an additional 2,552 shares during the period. The return on equity ratio or ROE stands at 18.9 percent while most common profitability ratio return on investment (ROI) was 13.4 percent.
Wal-Mart Stores, Inc., incorporated on October 31, 1969, is engaged in the operation of retail, wholesale and other units in various formats around the world. The San Jose California 95125 based company is now trading 29.88% above its 52 week low of $21.51 and -15.79% below its 52 week high of $33.19.