Wall Street Analysts See 3.2% for Wal-Mart Stores, Inc. (NYSE:WMT)


It has a target price of $100.47 (IPO Date).

In the past 52 weeks the company's stock price has moved within the range of $65.28 to $100.13. Receive News & Ratings for Wal-Mart Stores Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wal-Mart Stores Inc and related companies with MarketBeat.com's FREE daily email newsletter. At the moment, the average analyst rating for WMT is Hold. Citigroup upped their price target on shares of Wal-Mart Stores from $78.00 to $80.00 and gave the stock a neutral rating in a report on Tuesday, August 15th. Keep in mind that Investors should not rely only on an analyst's recommendation when taking a decision whether to buy, hold, or sell a stock. Meanwhile, the average 12-month price target from Wall Street analysts is now $100.47, this means that the stock is underpriced by 3.175%. The Current Ratio parades a figure of 0.8 . Wal-Mart Stores, Inc. (NYSE:WMT) has risen 13.83% since December 6, 2016 and is uptrending. The retailer reported $1.00 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.97 by $0.03. (NYSE:WMT). State Of New Jersey Common Pension Fund D invested 0.18% in Wal-Mart Stores, Inc. The institutional investor held 21,161 shares of the consumer services company at the end of 2017Q2, valued at $1.60M, down from 72,853 at the end of the previous reported quarter. During the same quarter in the prior year, the company posted $0.98 earnings per share. Looking out over a next 5-year period, analysts expect the company to see its earnings go up by 5.80%, annually. "A few years later, we incorporated as Wal-Mart, Inc., and amended the name to Wal-Mart Stores, Inc., when we went public in 1970". This repurchase authorization authorizes the retailer to buy shares of its stock through open market purchases. The relative volume of the stock is 0.97, while its market cap is $293.23 Billion.

Wal-Mart Stores, Inc. (WMT) exchanged hands at an unexpectedly low level of 9.01 million shares over the course of the day. The shares were sold at an average price of $79.47, for a total value of $158,940,000.00. Following the sale, the insider now directly owns 10,507,127 shares in the company, valued at approximately $740,752,453.50. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. It also upped Netflix Inc (NASDAQ:NFLX) stake by 161,267 shares and now owns 208,535 shares. The shares were sold at an average price of $97.61, for a total transaction of $128,760,572.13. The firm owned 48,180 shares of the retailer's stock after selling 12,542 shares during the period.

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Deep diving into the technical levels for Wal-Mart Stores (WMT), we note that the equity now has a 14-day Commodity Channel Index (CCI) of 61.95. A move above 70 is widely considered to show the stock as overbought, and a move below 30 would indicate that the stock may be oversold.

At present, Wal-Mart Stores, Inc. has a PE ratio of 25.87 with a forward P/E of 20.8 *. Also, major shareholder Alice L. Walton sold 2,900,679 shares of the business's stock in a transaction that occurred on Friday, November 17th. The Ionic Capital Management Llc holds 17,500 shares with $1.32 million value, up from 6,500 last quarter. The stock climbed 22.17 percent over the past quarter, while surged 23.6 percent over the past six months. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC grew its stake in shares of Wal-Mart Stores by 3.3% in the 2nd quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 1,429 shares of the retailer's stock worth $108,000 after buying an additional 45 shares in the last quarter. Dumont & Blake Inv Advsr Limited Liability has invested 0.78% in Wal-Mart Stores, Inc. Inc. now owns 1,526 shares of the retailer's stock worth $115,000 after buying an additional 1,252 shares in the last quarter. (NYSE:WMT) earned "Buy" rating by Oppenheimer on Tuesday, August 1.