Wal-Mart Stores (NYSE:WMT) shares traded 0.07% up during most recent session to reach at the closing price of $94.96. The stock exchanged hands 9.4 Million shares versus average trading capacity of 9.54 Million shares, yielding a market cap of $275.59 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $107 within the next 52-weeks. The mean target projections are based on 27 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Wal-Mart Stores (NYSE:WMT) high price target of $120 and with a conservative view have low price target of $96.
Citigroup “Maintained” Wal-Mart Stores (NYSE:WMT) in a research note issued to investors on 11/16/18 to Buy with price target of $116.
Additionally on 11/16/18 Deutsche Bank “Maintained” Wal-Mart Stores (NYSE:WMT) to Buy setting price target at $116 and on 11/16/18 KeyBanc “Maintained” the stock to Overweight at $112. Furthermore on 10/11/18 Morgan Stanley “Maintained” the stock to Equal-Weight at $102.
On the other hand the company has Relative Strength Index (RSI 14) of 52.52 along with Average True Range (ATR 14) of 2, Consequently Wal-Mart Stores (NYSE:WMT)’s weekly and monthly volatility is 1.72%, 2.17% respectively. The company’s beta value is at 0.34.
In terms of Buy, Sell or Hold recommendations, Wal-Mart Stores (NYSE:WMT) has analysts’ mean recommendation of 2.3. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Wal-Mart Stores (NYSE:WMT)’s minimum EPS for the current quarter is at $1.28 and can go high up to $1.42. The consensus mean EPS for the current quarter is at $1.33 derived from a total of 27 estimates from the analysts who have weighed in on projected earnings. However the company reported $1.33 earnings per share for the same quarter during last year.
Previously Wal-Mart Stores (NYSE:WMT) reported $1.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.01 by $0.07. The company posted an earnings surprise of 6.9%.
Wal-Mart Stores (NYSE:WMT)’s revenue estimates for the current quarter are $138.66 Billion according to 19 number of analysts, for the current quarter the company has high revenue estimates of $140.82 Billion in contradiction of low revenue estimates of $135.68 Billion. For the current year the company’s revenue estimates are $514.33 Billion compared to low analyst estimates of $511.29 Billion and high estimates of $516.43 Billion according to 27 number of analysts.
Currently Wal-Mart Stores (NYSE:WMT)’s shares owned by insiders are 0.9%, whereas shares owned by institutional owners are 30.2%. However the six-month change in the insider ownership was recorded -68.6%, as well as three-month change in the institutional ownership was recorded -0.11%.
Wal-Mart Stores (NYSE:WMT)’s trailing twelve month revenues are $511.88 Billion, whereas its price to sales ratio for the same period is 0.54. Its book value per share for the most recent quarter is $24.62 while its price to book ratio for the same period is 3.86, as for as the company’s cash per share for the most recent quarter is $3.16, however its price to cash per share ratio for the same period is 30.04. The stock has 5 year expected PEG ratio of 13.8 whereas its trailing twelve month P/E ratio is 57.55.