Walmart Inc. which can be found using ticker (WMT) now have 39 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The range between the high target price and low target price is between 180 and 144 with the average target price sitting at $164.73. Given that the stocks previous close was at $150.97 and the analysts are correct then we can expect a percentage increase in value of 9.1%. Also worth taking note is the 50 day moving average now sits at $144.93 and the 200 moving average now moves to $140.47. The company has a market capitalization of $408,891m. Company Website: https://www.stock.walmart.com
The potential market cap would be $446,159m based on the market consensus.
Walmart Inc. engages in the operation of retail, wholesale, and other units 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, walmart.com.mx, walmart.ca, flipkart.com, and samsclub.com; and mobile commerce applications. The company offers grocery and consumables, including dry grocery, snacks, dairy, meat, produce, bakery and deli, alcoholic and nonalcoholic beverages, floral, candy, and other grocery items, as well as dry, chilled, or frozen packaged foods; and health and beauty aids, paper goods, laundry and home care, baby care, pet supplies, and other consumable items. It is also involved in the operation of gasoline stations; provision of tobacco; and health and wellness products covering pharmacy, optical and hearing services, and over-the-counter drugs and other medical products. In addition, the company offers home improvement, outdoor living, gardening, furniture, apparel, jewelry, tools and power equipment, housewares, toys, seasonal items, mattresses, and tire and battery centers; and consumer electronics and accessories, software, video games, office supplies, appliances, and third-party gift cards. Further, it operates digital payment platforms; and offers financial services and related products, including money transfers, bill payments, money orders, check cashing, prepaid access, co-branded credit cards, installment lending, and earned wage access. The company was formerly known as Wal-Mart Stores and changed its name to Walmart Inc. in February 2018. Walmart Inc. was founded in 1945 and is based in Bentonville, Arkansas.
The company has a dividend yield of 1.5% with the ex dividend date set at 4-5-2023 (DMY).
Other points of data to note are a P/E ratio of 35.5, revenue per share of 224.41 and a 6.28% return on assets.
