Credit Suisse slashes price target on Walmart Inc. [WMT] – find out why.

Walmart Inc. [NYSE: WMT] traded at a high on 07/30/21, posting a 0.22 gain after which it closed the day’ session at $142.55. The company report on July 28, 2021 that Walmart to Offer Technologies and Capabilities to Help Other Businesses Navigate their own Digital Transformation.

The retailer also announced a commercialization partnership with Adobe, giving thousands of businesses access to the same technologies and services that power the Fortune 1 company.

Walmart announced it will begin offering several of its own technologies and capabilities to other businesses and brands seeking to better serve customers as they increasingly shop across digital and physical storefronts. As part of this effort, Walmart also announced a strategic partnership with Adobe to integrate Walmart’s Marketplace, online and in-store fulfillment, and pickup technologies with Adobe Commerce, a leading commerce solution for merchants and brands.

The results of the trading session contributed to over 5343000 shares changing hands. Over the past one week, the price volatility of Walmart Inc. stands at 1.08% while the volatility over the past one month is 1.19%.

The market cap for WMT stock reached $398.58 billion, with 2.81 billion shares outstanding and 1.42 billion shares in the current float. Compared to the average trading volume of 7.57M shares, WMT reached a trading volume of 5343000 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say 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 $163.24 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 1.90. 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.

Credit Suisse have made an estimate for Walmart Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on May 19, 2021. While these analysts kept the previous recommendation, Telsey Advisory Group raised their target price from $162 to $170. The new note on the price target was released on May 19, 2021, representing the official price target for Walmart Inc. stock. Previously, the target price had yet another raise from $153 to $170, while RBC Capital Mkts kept a Outperform rating on WMT stock. On November 13, 2020, analysts increased their price target for WMT shares from 155 to 160.

The Average True Range (ATR) for Walmart Inc. is set at 1.73, with the Price to Sales ratio for WMT stock in the period of the last 12 months amounting to 0.71. The Price to Book ratio for the last quarter was 5.12, with the Price to Cash per share for the same quarter was set at 8.17. Price to Free Cash Flow for WMT in the course of the last twelve months was 23.58 with Quick ratio for the last quarter at 0.40.

How has WMT stock performed recently?

Walmart Inc. [WMT] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.08. With this latest performance, WMT shares gained by 1.08% in over the last four-week period, additionally plugging by 1.47% over the last 6 months – not to mention a rise of 9.55% 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 60.21, with the RSI for the last a single of trading hit 63.68, and the three-weeks RSI is set at 57.59 for Walmart Inc. [WMT]. The present Moving Average for the last 50 days of trading for this stock 140.35, while it was recorded at 142.42 for the last single week of trading, and 141.43 for the last 200 days.

Walmart Inc. [WMT]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Walmart Inc. [WMT] shares currently have an operating margin of +4.82 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 17.68, given the latest momentum, and Return on Invested Capital for the company is 9.73. Return on Equity for this stock inclined to 17.37, 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 78.15. Additionally, WMT Total Debt to Total Capital is recorded at 43.87, with Total Debt to Total Assets ending up at 25.05. Long-Term Debt to Equity for the company is recorded at 71.61, with the Long-Term Debt to Total Capital now at 40.20.

Reflecting on the efficiency of the workforce at the company, Walmart Inc. [WMT] managed to generate an average of $5,874 per employee. 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 0.40 and a Current Ratio set at 0.90.

Earnings analysis for Walmart Inc. [WMT]

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 7.53%.

Insider trade positions for Walmart Inc. [WMT]

There are presently around $119,640 million, or 30.50% of WMT stock, in the hands of institutional investors. The top three institutional holders of WMT stocks are: VANGUARD GROUP INC with ownership of 130,488,691, which is approximately -1.34% of the company’s market cap and around 0.90% of the total institutional ownership; BLACKROCK INC., holding 87,856,415 shares of the stock with an approximate value of $12.52 billion in WMT stocks shares; and STATE STREET CORP, currently with $8.81 billion in WMT stock with ownership of nearly -3.813% of the company’s market capitalization.

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Positions in Walmart Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 1,345 institutional holders increased their position in Walmart Inc. [NYSE:WMT] by around 50,115,255 shares. Additionally, 1,024 investors decreased positions by around 53,182,530 shares, while 237 investors held positions by with 735,983,189 shares. The mentioned changes placed institutional holdings at 839,280,974 shares, according to the latest SEC report filing. WMT stock had 141 new institutional investments in for a total of 3,383,615 shares, while 116 institutional investors sold positions of 5,777,444 shares during the same period.

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