Walmart Inc (NYSE:WMT) shares, rose in value on Friday, January 03, with the stock price up by 0.87% to the previous day’s close as strong demand from buyers drove the stock to $90.78.
Actively observing the price movement in the recent trading, the stock is buoying the session at $90.00, falling within a range of $90.145 and $90.9598. The value of beta (5-year monthly) is 0.516 whereas the PE ratio is 37.28 over 12-month period. Referring to stock’s 52-week performance, its high was $96.18, and the low was $51.87. On the whole, WMT has fluctuated by -2.92% over the past month.
With the market capitalization of Walmart Inc currently standing at about $729.27 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 0.83, with its dividend yield at 0.91%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 676.86B, with a low estimate of 175.97B and a high estimate of 180.57B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 178.78B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that WMT’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 3.93, with the price of WMT currently trading nearly -2.46% and 2.13% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 47.77, while the 7-day volatility ratio is showing 1.09% which for the 30-day chart, stands at 1.64%. Furthermore, Walmart Inc (WMT)’s beta value is 0.55, and its average true range (ATR) is 1.53.
A comparison of Walmart Inc (WMT) with its peers suggests the former has fared considerably weaker in the market. WMT showed an intraday change of 0.87% in today’s session so far, and over the past year, it grew by 70.96%%.
Data on historical trading for Walmart Inc (NYSE:WMT) indicates that the trading volumes over the past 10 days have averaged 18.41 and over the past 3 months, they’ve averaged 15.55 million. According to company’s latest data on outstanding shares, there are 8.03 billion shares outstanding.
Nearly 45.76% of Walmart Inc’s shares belong to company insiders and institutional investors own 35.32% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 31.7 million shares as on 2024-10-31, resulting in a short ratio of 2.59. According to the data, the short interest in Walmart Inc (WMT) stood at 74.00 of shares outstanding as of 2024-10-31; the number of short shares registered in 2024-09-30 reached 31.12 million. The stock has risen by 0.48% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the WMT stock heading into the next quarter.
