The retailer reported $1.30 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.29 by $0.01. Deutsche Bank AG upped their target price on shares of Wal-Mart Stores from $71.00 to $81.00 and gave the stock a hold rating in a report on Monday, May 8th. The firm is scheduled to announce its next earnings results before the market opens on Thursday, May 18th. Annual EPS Growth of past 5 years is -0.60%. Also, the number of investment managers holding Wal Mart Stores Inc in their top 10 equity positions decreased from 69 to 53 for a decrease of 16.
EPS in next five year years is expected to touch 5.03% while EPS growth in past 5 year was -0.60% along with sales growth of 1.70% in the last five years.
The Average Earnings Estimate for the Current Fiscal quarter is $1.07 per share, according to consensus of 28 analysts. Net profit margin of the company was recorded at 2.8 percent, operating profit margin was 4.7 percent, whereas gross profit margin stands at 25.6 percent. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 114,171 shares of the retailer's stock valued at $114,000 after buying an additional 112,511 shares during the last quarter. The firm has "Underperform" rating given on Saturday, August 22 by Wolfe Research. Wal-Mart Stores Inc. (WMT) 52 week low value is at $60.99 and its current distance from 52 week low value is 24.13%. Argus reaffirmed a "hold" rating on shares of Wal-Mart Stores in a report on Tuesday, January 24th. Of those thirty-seven, twelve have a buy rating, twenty-two have a hold rating, and three have a sell rating. Wells Fargo & Co began coverage on Wal-Mart Stores in a research report on Wednesday, January 25th. Four analysts have rated the stock with a sell rating, eighteen have assigned a hold rating and thirteen have issued a buy rating to the stock. The company now has an average rating of Hold and an average target price of $76.73. Itau Unibanco Holding S.A. purchased a new stake in Wal-Mart Stores during the third quarter valued at about $104,000. The stock has a market cap of $231.16 billion, a PE ratio of 17.401 and a beta of 0.09. The Kroger Co.is now trading -1.34% below its 20-day and -7.65% versus the 200-day simple moving averages while -0.58% compared with its 50-day simple moving average.
On 05/15/2017 close, Wal-Mart Stores, Inc. The stock has "Buy" rating by Argus Research on Wednesday, December 16. This represents a $2.04 dividend on an annualized basis and a yield of 2.67%. Wal-Mart Stores's dividend payout ratio is presently 43.48%. The short ratio in the company's stock is documented at 4.18 and the short float is around of 2.5%. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.
In other news, major shareholder Jim C. Walton sold 4,375,337 shares of the firm's stock in a transaction dated Thursday, February 23rd. The stock was sold at an average price of $70.54, for a total transaction of $320,418,144.94. The stock of Wal-Mart Stores Inc (NYSE:WMT) has "Buy" rating given on Monday, June 6 by Jefferies. The disclosure for this sale can be found here. In the last quarter, insiders sold 15,585,041 shares of company stock valued at $1,110,035,611. Commonwealth Equity Services Inc increased its position in Wal-Mart Stores by 4.3% in the third quarter. The fund owned 18,155 shares of the retailer's stock after selling 430 shares during the period. State of Alaska Department of Revenue increased its position in Wal-Mart Stores by 2.2% in the third quarter. TrimTabs Asset Management LLC increased its position in Wal-Mart Stores by 89.2% in the first quarter. Fairfield Bush And Co has invested 1.4% in Wal-Mart Stores Inc (NYSE:WMT). Because of these issues, institutional investors seldom invest in low-float stocks.
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Many analysts have provided their estimated foresights on Wal-Mart Stores Inc. Wal-Mart is letting online customers in China order from its Sam's Club stores in the USA for the first time to cater to China's increasingly affluent, well-traveled shoppers.