DA Davidson Issues Optimistic Estimate for Walmart Earnings

Walmart Inc. (NYSE:WMT) – Investment analysts at DA Davidson raised their FY2025 earnings estimates for Walmart in a research report issued to clients and investors on Monday, November 11th. DA Davidson analyst M. Baker now expects that the retailer will earn $2.42 per share for the year, up from their prior estimate of $2.40. DA Davidson currently has a “Buy” rating and a $85.00 price objective on the stock. The consensus estimate for Walmart’s current full-year earnings is $2.44 per share.

Walmart (NYSE:WMT) last released its quarterly earnings data on Thursday, August 15th. The retailer reported $0.67 earnings per share for the quarter, topping the consensus estimate of $0.65 by $0.02. Walmart had a net margin of 2.34% and a return on equity of 21.72%. The firm had revenue of $169.30 billion for the quarter, compared to analyst estimates of $168.56 billion. During the same quarter in the prior year, the business earned $0.61 earnings per share. Walmart’s quarterly revenue was up 4.7% on a year-over-year basis.

A number of other brokerages also recently commented on WMT. Roth Mkm upped their price objective on Walmart from $71.00 to $81.00 and gave the stock a “buy” rating in a research note on Friday, August 16th. Citigroup increased their price objective on shares of Walmart from $75.00 to $98.00 and gave the stock a “buy” rating in a report on Friday, September 27th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Walmart from $77.00 to $83.00 and gave the company a “buy” rating in a research note on Friday, August 16th. TD Cowen raised their price target on shares of Walmart from $80.00 to $85.00 and gave the company a “buy” rating in a research note on Friday, August 16th. Finally, Evercore ISI boosted their price objective on Walmart from $82.00 to $85.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 22nd. One analyst has rated the stock with a hold rating, twenty-eight have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, Walmart has a consensus rating of “Buy” and a consensus target price of $84.84.

Walmart Stock Down 1.2 %

NYSE:WMT opened at $84.47 on Wednesday. The company has a current ratio of 0.80, a quick ratio of 0.22 and a debt-to-equity ratio of 0.46. The stock has a 50 day moving average of $80.99 and a 200-day moving average of $72.53. The firm has a market capitalization of $678.99 billion, a PE ratio of 43.99, a price-to-earnings-growth ratio of 4.25 and a beta of 0.51. Walmart has a 52 week low of $49.85 and a 52 week high of $85.79.

Hedge Funds Weigh In On Walmart

A number of large investors have recently made changes to their positions in WMT. Vanguard Group Inc. increased its stake in Walmart by 199.4% in the 1st quarter. Vanguard Group Inc. now owns 411,745,334 shares of the retailer’s stock valued at $24,774,717,000 after buying an additional 274,229,968 shares during the period. FMR LLC raised its holdings in shares of Walmart by 12.9% during the third quarter. FMR LLC now owns 63,135,639 shares of the retailer’s stock worth $5,098,203,000 after acquiring an additional 7,200,004 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its position in Walmart by 181.0% during the first quarter. Price T Rowe Associates Inc. MD now owns 56,861,234 shares of the retailer’s stock valued at $3,421,342,000 after purchasing an additional 36,625,314 shares during the last quarter. Fisher Asset Management LLC grew its stake in Walmart by 4.6% in the third quarter. Fisher Asset Management LLC now owns 47,659,844 shares of the retailer’s stock valued at $3,848,533,000 after purchasing an additional 2,107,197 shares in the last quarter. Finally, Legal & General Group Plc increased its position in Walmart by 1.8% in the 2nd quarter. Legal & General Group Plc now owns 36,282,740 shares of the retailer’s stock worth $2,456,704,000 after purchasing an additional 644,353 shares during the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Insider Buying and Selling at Walmart

In other news, major shareholder S Robson Walton sold 4,057,369 shares of the stock in a transaction on Monday, September 9th. The stock was sold at an average price of $77.20, for a total value of $313,228,886.80. Following the completion of the sale, the insider now owns 611,988,318 shares in the company, valued at $47,245,498,149.60. This represents a 0.66 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP John R. Furner sold 13,125 shares of the firm’s stock in a transaction on Thursday, October 24th. The stock was sold at an average price of $82.96, for a total value of $1,088,850.00. Following the completion of the sale, the executive vice president now directly owns 593,040 shares of the company’s stock, valued at approximately $49,198,598.40. This trade represents a 2.17 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 12,337,337 shares of company stock valued at $958,823,647. 45.58% of the stock is currently owned by corporate insiders.

Walmart Company Profile

Walmart Inc engages in the operation of retail, wholesale, other units, and eCommerce 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, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.