Media stories about Walmart (NYSE:WMT) have been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Walmart earned a news sentiment score of 1.38 on their scale. InfoTrie also assigned news headlines about the retailer an news buzz score of 10 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company’s share price in the next few days.
These are some of the media stories that may have effected Walmart’s ranking:
Apertura Capital, LLC Buys Walmart Inc, The Kraft Heinz Co, International Flavors & … (gurufocus.com)
Affidavit: Converse man accused of filming up a woman’s dress at Walmart – mySA (mysanantonio.com)
Walmart reports initiatives’ progress – Arkansas Online (arkansasonline.com)
For Tech Workers Turned Caregivers, Walmart Offers a Path Back to the Cutting Edge – The Motley Fool (fool.com)
Walmart says its US store managers make an average of $175,000 a year (finance.yahoo.com)
NYSE WMT opened at $99.54 on Friday. Walmart has a 1 year low of $81.78 and a 1 year high of $106.21. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.80 and a quick ratio of 0.23. The firm has a market capitalization of $296.53 billion, a PE ratio of 20.27, a PEG ratio of 4.70 and a beta of 0.36.
Walmart (NYSE:WMT) last posted its quarterly earnings results on Tuesday, February 19th. The retailer reported $1.41 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.33 by $0.08. The company had revenue of $137.74 billion during the quarter, compared to analyst estimates of $137.63 billion. Walmart had a net margin of 1.30% and a return on equity of 18.60%. The firm’s revenue for the quarter was up 1.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.33 earnings per share. Analysts forecast that Walmart will post 4.75 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Monday, June 3rd. Investors of record on Friday, May 10th will be given a dividend of $0.53 per share. The ex-dividend date is Thursday, May 9th. This represents a $2.12 annualized dividend and a yield of 2.13%. Walmart’s payout ratio is currently 43.18%.
A number of analysts have commented on WMT shares. Citigroup boosted their price target on shares of Walmart from $116.00 to $120.00 and gave the company a “buy” rating in a research note on Thursday, February 21st. Morgan Stanley upgraded shares of Walmart from an “equal weight” rating to an “overweight” rating and boosted their price target for the company from $107.00 to $110.00 in a research note on Wednesday, January 23rd. Sanford C. Bernstein upgraded shares of Walmart from a “market perform” rating to an “outperform” rating and set a $101.80 price target for the company in a research note on Thursday, May 2nd. KeyCorp boosted their price target on shares of Walmart from $112.00 to $120.00 and gave the company an “overweight” rating in a research note on Wednesday, February 20th. Finally, Tigress Financial restated a “hold” rating on shares of Walmart in a research note on Tuesday, January 29th. Three investment analysts have rated the stock with a sell rating, sixteen have issued a hold rating and eighteen have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $105.87.
In related news, insider David Chojnowski sold 2,000 shares of the stock in a transaction dated Friday, March 29th. The shares were sold at an average price of $97.17, for a total transaction of $194,340.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director S Robson Walton sold 1,139,696 shares of the stock in a transaction dated Wednesday, February 20th. The shares were sold at an average price of $99.72, for a total transaction of $113,650,485.12. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 14,240,978 shares of company stock valued at $1,406,078,670. 51.11% of the stock is owned by company insiders.
Walmart Company Profile
Walmart Inc engages in the retail and wholesale operations in various formats worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, discount stores, drugstores, and convenience stores; membership-only warehouse clubs; e-commerce Websites, such as walmart.com, jet.com, shoes.com, and samsclub.com; and mobile commerce applications.
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