Walmart Inc. (NASDAQ:WMT) Stock Has Consensus Target Price of $132.41

Walmart Inc. (NASDAQ:WMT) has earned a consensus rating of “Buy” from the thirty-nine brokerages that are currently covering the firm, Marketbeat reports. Three research analysts have rated the stock with a hold rating, thirty-two have given a buy rating and four have issued a strong buy rating on the company. The average twelve-month price target among analysts that have covered the stock in the last year is $132.41.

A number of equities analysts have weighed in on WMT shares. Mizuho lowered their price target on Walmart from $130.00 to $125.00 and set an “outperform” rating on the stock in a research report on Tuesday, September 29th. Oppenheimer reiterated a “market perform” rating on shares of Walmart in a research note on Tuesday, August 25th. The Goldman Sachs Group reissued a “buy” rating and set a $130.00 target price on shares of Walmart in a report on Friday, August 21st. Weiss Ratings restated a “buy (b-)” rating on shares of Walmart in a research note on Thursday, October 29th. Finally, Roth Capital reaffirmed a “buy” rating on shares of Walmart in a report on Friday, August 21st.

Walmart Stock Performance

Shares of WMT stock opened at $124.86 on Wednesday. The company has a fifty day moving average price of $111.08 and a two-hundred day moving average price of $118.46. Walmart has a one year low of $98.88 and a one year high of $135.15. The stock has a market cap of $990.61 billion, a P/E ratio of 45.08, a P/E/G ratio of 4.61 and a beta of 0.53. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.77 and a quick ratio of 0.23.

Walmart (NASDAQ:WMT) last issued its earnings results on Thursday, August 20th. The retailer reported $0.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.74 by $0.07. The company had revenue of $187.94 billion for the quarter, compared to analysts’ expectations of $186.64 billion. Walmart had a net margin of 3.00% and a return on equity of 21.83%. Walmart’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.68 EPS. Walmart has set its Q3 2027 guidance at 0.620-0.640 EPS and its FY 2027 guidance at 2.800-2.870 EPS. As a group, equities analysts predict that Walmart will post 2.88 EPS for the current year.

Key Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart may be positioned to beat its next earnings estimates, according to Zacks, which points to its history of earnings surprises and factors supporting another potential beat. Why Walmart is Poised to Beat Earnings Estimates Again
• Positive Sentiment: Walmart’s expanded Sparky AI shopping assistant could support holiday sales by helping customers shop and potentially encouraging larger orders. Can Walmart’s Expanded Sparky AI Boost Holiday Shopping and Sales?
• Positive Sentiment: A report says Walmart’s e-commerce sales are growing faster than Amazon’s, suggesting its online business is gaining momentum. 1 Stat That Makes Walmart Hard to Ignore This November
• Neutral Sentiment: CTO Suresh Kumar sold 166,342 shares, and EVP Daniel Bartlett sold 3,346 shares. Both trades were made under pre-arranged Rule 10b5-1 plans; the sales may draw attention, but do not necessarily indicate a change in their views of the company. Kumar SEC filing Bartlett SEC filing
• Negative Sentiment: Bearish commentary highlights Walmart’s high valuation, with one article returning to a “strong sell” rating and another warning that the valuation may be stretched. Valuation concerns could weigh on sentiment even as the business outlook remains constructive. Walmart: Back To The Strong Sell Rating Walmart’s Defensive Reputation and Valuation

Insider Activity at Walmart

In other Walmart news, CEO John Furner sold 13,125 shares of the firm’s stock in a transaction that occurred on Thursday, October 15th. The shares were sold at an average price of $120.60, for a total transaction of $1,582,875.00. Following the completion of the sale, the chief executive officer directly owned 634,790 shares in the company, valued at $76,555,674. This trade represents a 2.03% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Suresh Kumar sold 166,342 shares of the business’s stock in a transaction that occurred on Friday, October 30th. The stock was sold at an average price of $123.21, for a total value of $20,494,997.82. Following the sale, the chief technology officer owned 1,632,223 shares of the company’s stock, valued at approximately $201,106,195.83. This represents a 9.25% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 268,222 shares of company stock worth $31,604,051 in the last quarter. 0.09% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in WMT. Bell & Brown Wealth Advisors LLC bought a new position in shares of Walmart during the second quarter worth approximately $6,451,000. Advisortrust Partners LLC boosted its stake in shares of Walmart by 20.2% in the first quarter. Advisortrust Partners LLC now owns 67,142 shares of the retailer’s stock valued at $8,344,000 after buying an additional 11,283 shares during the period. Bank of America Corp DE bought a new stake in shares of Walmart in the second quarter valued at approximately $7,455,131,000. HORAN Wealth LLC grew its position in Walmart by 55.7% during the first quarter. HORAN Wealth LLC now owns 81,544 shares of the retailer’s stock worth $9,931,000 after buying an additional 29,184 shares in the last quarter. Finally, Park National Corp OH grew its position in Walmart by 282.9% during the third quarter. Park National Corp OH now owns 119,865 shares of the retailer’s stock worth $12,456,000 after buying an additional 88,562 shares in the last quarter. Institutional investors own 26.76% of the company’s stock.

Walmart Company Profile

Walmart Inc (NASDAQ:WMT) operates a global retail business through a network of supercenters, supermarkets, discount stores, neighborhood markets, warehouse clubs and e-commerce platforms. Its stores and websites sell a broad assortment of merchandise, including groceries, consumables, health and wellness products, apparel, electronics, home goods, toys and other general merchandise.

The company organizes its operations into Walmart U.S., Walmart International and Sam’s Club U.S. Walmart U.S.