Currently, the stock has a 1 Year Price Target of $74.9.
EPS growth in next year is estimated to reach 5.20% while EPS growth estimate for this year is set at -4.00%.
According to Zacks, "Shares of Wal-Mart have outperformed the industry over the past one year".
Wal-Mart Stores (NYSE:WMT) last announced its quarterly earnings results on Tuesday, February 21st. The retailer reported $1.30 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.29 by $0.01. It has a return on equity (ROE) of 17.80%.
The High Revenue estimate is predicted as 119.78 Billion, while the Low Revenue Estimate prediction stands at 115.64 Billion. The share price of KR has decreased by over -10.67% in the last six months. The company's revenue was up.8% on a year-over-year basis.
Several equities research analysts recently commented on the company.
Wal-Mart Stores, Inc. (NYSE:WMT), stock is trading $76.78 above the 52-week high and has displayed a high EPS growth of -0.60% in last 5 years. Pacific Crest cut Wal-Mart Stores to a "hold" rating in a report on Sunday. Fred Alger Management Inc. raised its stake in shares of Wal-Mart Stores by 2.1% in the fourth quarter. Vetr upgraded Wal-Mart Stores from a "hold" rating to a "buy" rating and set a $79.40 price objective for the company in a research report on Monday.
Gordon Haskett analyst Charles Grom initiated coverage of Target earlier this month with a Sell rating and $47 price target. Rating Scale; where 1.0 rating means Strong Buy, 2.0 rating signify Buy, 3.0 recommendation reveals Hold, 4.0 rating score shows Sell and 5.0 displays Strong Sell signal. The company now has an average rating of Hold and an average target price of $76.73.
While looking at the SMA values of Wal-Mart Stores Inc. A total volume of 3.62 million shares were traded versus to average volume of 2.09 million shares. Beta factor was calculated at 0.31. The Kroger Co.is now trading -1.34% below its 20-day and -7.65% versus the 200-day simple moving averages while -0.58% compared with its 50-day simple moving average. Wal-Mart Stores has a one year low of $62.72 and a one year high of $77.05. Stockholders of record on Friday, December 8th will be paid a $0.51 dividend. The ex-dividend date is Wednesday, December 6th. It has a dividend yield of 2.69%. Wal-Mart Stores's payout ratio is 43.48%.
Another critical number in evaluating a stock is P/E or the price to earnings ratio. Following the completion of the sale, the insider now directly owns 10,507,127 shares in the company, valued at approximately $754,306,647.33. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, major shareholder Alice L. Walton sold 4,542,361 shares of the stock in a transaction that occurred on Thursday, March 2nd. The stock was sold at an average price of $70.50, for a total transaction of $211,500,000.00. Cohen Lawrence B now owns 6,050 shares of the retailer's stock valued at $436,000 after buying an additional 25 shares during the last quarter. The disclosure for this sale can be found here. The company has dropped -4.01% in past 3 months and in the last five trades has moved up 1.22%. The company's market cap is $227.78 Billion.
A number of large investors have recently added to or reduced their stakes in WMT. Itau Unibanco Holding S.A. purchased a new position in Wal-Mart Stores during the third quarter worth about $104,000. Lba Wealth Lc has invested 0.62% in Wal-Mart Stores Inc (NYSE:WMT). Its shares have trimmed -1.39% since hitting a peak level of $77.05 on May. Fort Point Capital Partners LLC increased its position in shares of Wal-Mart Stores by 0.4% in the third quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC increased its stake in Wal-Mart Stores by 6,777.8% in the fourth quarter. Finally, Bollard Group LLC increased its position in shares of Wal-Mart Stores by 0.3% in the third quarter. Finally, Susquehanna Bancshares Inc began coverage on shares of Wal-Mart Stores in a report on Friday, February 10th. It also upped Hallador Energy Company Com (NASDAQ:HNRG) stake by 73,385 shares and now owns 144,037 shares.
TRADEMARK VIOLATION WARNING: This piece was first posted by Sports Perspectives and is the property of of Sports Perspectives. If you are viewing this piece of content on another website, it was illegally copied and republished in violation of United States and worldwide copyright & trademark laws. (WMT) may be overvalued, however, this can also depend upon the situation of the market; if the market is strong then it could suggest that Wal-Mart Stores Inc.