Market Analysts see Walmart Inc. [WMT] gaining to $170. Time to buy?

Walmart Inc. [NYSE: WMT] gained 0.79% or 1.01 points to close at $128.89 with a heavy trading volume of 10575774 shares. The company report on March 10, 2021 that WMT BREAKING ALERT: ROSEN, NATIONAL INVESTOR COUNSEL, Encourages Walmart Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – WMT.

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WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Walmart Inc. (NYSE: WMT) between March 30, 2016 and December 22, 2020, inclusive (the “Class Period”), of the important March 22, 2021 lead plaintiff deadline in the securities class action first filed by the firm.

It opened the trading session at $128.80, the shares rose to $129.88 and dropped to $128.32, the range by which the price of stock traded the whole day. The daily chart for WMT points out that the company has recorded -9.76% loss over the past six months. However, it is still -26.36% lower than its most recent low trading price.

If we look at the average trading volume of 8.95M shares, WMT reached to a volume of 10575774 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Walmart Inc. [WMT]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for WMT shares is $159.84 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on WMT stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

RBC Capital Mkts have made an estimate for Walmart Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on December 21, 2020. While these analysts kept the previous recommendation, Telsey Advisory Group raised their target price from $155 to $160. The new note on the price target was released on November 13, 2020, representing the official price target for Walmart Inc. stock. Previously, the target price had yet another raise from $157 to $165, while Jefferies kept a Buy rating on WMT stock.

The Average True Range (ATR) for Walmart Inc. is set at 2.56, with the Price to Sales ratio for WMT stock in the period of the last 12 months amounting to 0.64. The Price to Book ratio for the last quarter was 4.48, with the Price to Cash per share for the same quarter was set at 5.13. Price to Free Cash Flow for WMT in the course of the last twelve months was 20.52 with Quick ratio for the last quarter at 0.20.

Trading performance analysis for WMT stock

Walmart Inc. [WMT] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.94. With this latest performance, WMT shares dropped by -10.72% in over the last four-week period, additionally sinking by -9.76% over the last 6 months – not to mention a rise of 10.01% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for WMT stock in for the last two-week period is set at 32.49, with the RSI for the last a single of trading hit 32.41, and the three-weeks RSI is set at 33.99 for Walmart Inc. [WMT]. The present Moving Average for the last 50 days of trading for this stock 141.24, while it was recorded at 128.20 for the last single week of trading, and 137.35 for the last 200 days.

Walmart Inc. [WMT]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Walmart Inc. [WMT] shares currently have an operating margin of +4.03 and a Gross Margin at +24.83. Walmart Inc.’s Net Margin is presently recorded at +2.42.

Return on Total Capital for WMT is now 14.80, given the latest momentum, and Return on Invested Capital for the company is 9.72. Return on Equity for this stock inclined to 17.32, with Return on Assets sitting at 5.53. When it comes to the capital structure of this company, Walmart Inc. [WMT] has a Total Debt to Total Equity ratio set at 77.80. Additionally, WMT Total Debt to Total Capital is recorded at 43.76, with Total Debt to Total Assets ending up at 25.05. Long-Term Debt to Equity for the company is recorded at 71.28, with the Long-Term Debt to Total Capital now at 40.09.

Receivables Turnover for the company is 87.37 with a Total Asset Turnover recorded at a value of 2.29.Walmart Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.20 and a Current Ratio set at 0.80.

Walmart Inc. [WMT]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, Walmart Inc. posted 1.18/share EPS, while the average EPS was predicted by analysts to be reported at 1.12/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 5.40%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for WMT. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Walmart Inc. go to 6.29%.

An analysis of insider ownership at Walmart Inc. [WMT]

There are presently around $110,105 million, or 30.80% of WMT stock, in the hands of institutional investors. The top three institutional holders of WMT stocks are: VANGUARD GROUP INC with ownership of 132,260,943, which is approximately -0.609% of the company’s market cap and around 1.40% of the total institutional ownership; BLACKROCK INC., holding 87,155,126 shares of the stock with an approximate value of $11.23 billion in WMT stocks shares; and STATE STREET CORP, currently with $8.28 billion in WMT stock with ownership of nearly -4.611% of the company’s market capitalization.

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Positions in Walmart Inc. stocks held by institutional investors increased at the end of February and at the time of the February reporting period, where 1,374 institutional holders increased their position in Walmart Inc. [NYSE:WMT] by around 45,492,679 shares. Additionally, 927 investors decreased positions by around 30,625,890 shares, while 273 investors held positions by with 778,136,162 shares. The mentioned changes placed institutional holdings at 854,254,731 shares, according to the latest SEC report filing. WMT stock had 292 new institutional investments in for a total of 5,481,257 shares, while 82 institutional investors sold positions of 3,019,174 shares during the same period.

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