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Wednesday, December 8, 2021

WMT Expected To Post A Sales Revenue Of $135.68Bn For The Quarter

Analysts at Wall Street forecast Walmart Incorporated (NYSE: WMT) to post a sales revenue of $135.68Bn for the present fiscal quarter. Estimates have been issued by 6 analysts. The estimates range between $133.25Bn and $138.31Bn. In the same fiscal quarter in the previous year, the sales revenue reported was $134.71Bn. The earnings are scheduled to be posted on 16th November Tuesday.

Stock Overview Of WMT

The latest earnings result of WMT was posted on 16th August, Monday. An EPS of $1.78 was reported for the fiscal quarter. This beat the $1.57 consensus estimate of Zacks’. A $141Bn revenue was also reported, compared to a $136.07Bn consensus estimate. The equity return and net margin stood at 19.92% and 2.18% respectively.

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Several analysts have issued reports about WMT shares. Stifel Nicolaus re-issued a rating of “hold” while increasing their price to $160 from $155 on 17th August, Tuesday. Cowen increased their target price to $175 from $177 while issuing a rating of “outperform” on 18th August, Wednesday. Goldman Sachs Group reissued their rating of “buy” while setting a price target of $170 on 18th May, Tuesday on 18th May, Tuesday. Credit Suisse Group issued a price target of $166 on Tuesday. Zacks Investment Research decreased its rating to “hold” from “buy” while issuing a price target of $158 on 18th August, Wednesday.

On Tuesday, the opening value of WMT stock was $150.45. The moving average of stock over 50 days currently stands at $142.42. The highest and lowest value of the stock over one year currently stands at $153.66 and $126.28 respectively. The market capitalization value stands at $421.58Bn, with a 0.47 beta. The current ratio, quick ration, and debt/equity ratio currently stand at 0.95, 0.37, and 0.52 respectively.

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