The trading price of Walmart Inc (NYSE:WMT) closed higher on Tuesday, January 21, and closing at $93.08, 1.24% higher than its previous close.
Traders who pay close attention to intraday price movement should know that it fluctuated between $92.31 and $94.24. The company’s P/E ratio in the trailing 12-month period was 38.22, while its 5Y monthly beta was 0.516. In examining the 52-week price action we see that the stock hit a 52-week high of $96.18 and a 52-week low of $53.44. Over the past month, the stock has lost -2.45% in value.
Walmart Inc, whose market valuation is $747.75 billion at the time of this writing, is expected to release its quarterly earnings report in February. The dividend yield on the company stock is 0.89%, while its Forward Dividend ratio is 0.83. Investors’ optimism about the company’s current quarter earnings report is understandable.
On the technical side, indicators suggest WMT has a 100% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.
Here is the average analyst rating on the stock as represented by 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock should be considered as either strong buy or strong sell respectively. The number of analysts that have assigned WMT a recommendation rating is 31. Out of them, 1 rate it a Hold, while 30 recommend Buy, whereas 0 assign an Overweight rating. 0 analyst(s) have tagged Walmart Inc (WMT) as Underweight, while 0 advise Sell. Analysts have rated the stock Buy, likely urging investors to take advantage of the opportunity to add to their holdings of the company’s shares.
If we dig deeper into the stock’s outlook, we see that the stock’s PEG is 4.03, which symbolizes a positive outlook. A quick review shows that WMT’s price is currently 1.62% off the SMA20 and 2.59% off the SMA50. The RSI metric on the 14-day chart is currently showing 57.23, and weekly volatility stands at 1.55%. When measured over the past 30 days, the indicator reaches 1.63%. Walmart Inc (NYSE:WMT)’s beta value is currently sitting at 0.55, while the Average True Range indicator is currently displaying 1.56. With analysts defining $63.27-$105 as the low and high price targets, we arrive at a consensus price target of $85.5 for the trailing 12-month period. The current price is about 32.03% off the estimated low and -12.81% off the forecast high, based on this estimate. Investors will be thrilled if WMT’s share price rises to $85.5, which is the median consensus price. At that level, WMT’s share price would be 8.14% above current price.
To see how Walmart Inc stock has been performing in comparison to its peers in the industry, here are the numbers: WMT stock’s performance was 1.24% in the latest trading, and 71.06% in the past year. Walmart Inc has a P/E ratio of 38.22.
An evaluation of the daily trading volume of Walmart Inc (NYSE:WMT) indicates that the 3-month average is 16.04 million. However, this figure has increased over the past 10 days to an average of 14.67.
Currently, records show that 8.03 billion of the company’s shares remain outstanding. The insiders hold 45.79% of outstanding shares, whereas institutions hold 35.32%. The stats also highlight that short interest as of 2024-10-31, stood at 31.7 million shares, resulting in a short ratio of 2.59 at that time. From this, we can conclude that short interest is 74.00 of the company’s total outstanding shares. It is noteworthy that short shares in October were up slightly from the previous month’s figure, which was 31.12 million. However, since the stock’s price has seen 3.02% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
