Walmart Inc. [WMT] Is Currently 0.11 below its 200 Period Moving Avg: What Does This Mean?

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Walmart Inc. [NYSE: WMT] gained 0.11% on the last trading session, reaching $148.21 price per share at the time. The company report on May 10, 2022 that Walmart To Host First Quarter Earnings Conference Call on May 17, 2022.


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Walmart Inc. (NYSE: WMT) today announced it will hold a live conference call with the Investment Community at 7 a.m. CDT on Tuesday, May 17, 2022, to discuss the company’s first quarter earnings results for fiscal year 2023. Doug McMillon, president and chief executive officer, and Brett Biggs, executive vice president and chief financial officer, will host the call to discuss the results and answer questions.

The event will be webcast live and accessible by logging onto https://corporate.walmart.com/newsroom/financial-events and selecting the First Quarter Earnings Release event. The webcast will be archived and available beginning at approximately noon CDT on May 17.

Walmart Inc. represents 2.77 billion in outstanding shares, while the company has a total market value of $406.42 billion with the latest information. WMT stock price has been found in the range of $146.46 to $149.732.

If compared to the average trading volume of 8.05M shares, WMT reached a trading volume of 7114020 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 $166.47 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.

Exane BNP Paribas have made an estimate for Walmart Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on February 11, 2022. While these analysts kept the previous recommendation, RBC Capital Mkts raised their target price to Outperform. The new note on the price target was released on January 28, 2022, representing the official price target for Walmart Inc. stock.

The Average True Range (ATR) for Walmart Inc. is set at 3.39, 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 4.93, with the Price to Cash per share for the same quarter was set at 5.38. Price to Free Cash Flow for WMT in the course of the last twelve months was 60.02 with Quick ratio for the last quarter at 0.30.

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 -2.05. With this latest performance, WMT shares dropped by -5.65% in over the last four-week period, additionally plugging by 0.30% over the last 6 months – not to mention a rise of 6.71% 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 41.92, with the RSI for the last a single of trading hit 36.99, and the three-weeks RSI is set at 45.81 for Walmart Inc. [WMT]. The present Moving Average for the last 50 days of trading for this stock 150.03, while it was recorded at 148.11 for the last single week of trading, and 144.74 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 +4.97 and a Gross Margin at +25.10. Walmart Inc.’s Net Margin is presently recorded at +2.39.

Return on Equity for this stock inclined to 16.66, with Return on Assets sitting at 5.50.

Walmart Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.30 and a Current Ratio set at 0.90.

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

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 9.53%.

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

There are presently around $132,091 million, or 32.50% of WMT stock, in the hands of institutional investors. The top three institutional holders of WMT stocks are: VANGUARD GROUP INC with ownership of 125,681,258, which is approximately 0.416% of the company’s market cap and around 1.30% of the total institutional ownership; BLACKROCK INC., holding 92,319,285 shares of the stock with an approximate value of $13.67 billion in WMT stocks shares; and STATE STREET CORP, currently with $8.96 billion in WMT stock with ownership of nearly -0.381% of the company’s market capitalization.

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 1,368 institutional holders increased their position in Walmart Inc. [NYSE:WMT] by around 67,722,754 shares. Additionally, 1,189 investors decreased positions by around 51,804,253 shares, while 312 investors held positions by with 772,675,633 shares. The mentioned changes placed institutional holdings at 892,202,640 shares, according to the latest SEC report filing. WMT stock had 180 new institutional investments in for a total of 5,681,730 shares, while 147 institutional investors sold positions of 5,541,806 shares during the same period.

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