The company beat the analyst EPS Estimate with the difference of $0.01. Zacks Investment Research's EPS calculations are an average based on a survey of research analysts that follow Wal-Mart Stores.
Wal-Mart Stores (NYSE:WMT) last issued its quarterly earnings data on Tuesday, February 21st. (WMT) is $74.9/share according to the consensus of analysts working on the stock, with an expected EPS of $0.96/share for the current quarter. The Return on Equity (ROE) and Return on Investment values are 17.8 percent and 13.4 percent respectively. The company had revenue of $129.75 billion during the quarter, compared to the consensus estimate of $130.22 billion. Alpha Windward LLC now owns 10,838 shares of the retailer's stock worth $782,000 after buying an additional 268 shares during the last quarter. The firm's revenue for the quarter was up.8% compared to the same quarter previous year. By reviewing stock prices from the stock market history of the company and examining its analysts ratings can give an investment picture with updated information of stock which helps investors to make investing decision. Shares of both retailers declined during regular trading hours on Tuesday, although at least two firms picked Wal-Mart over Target going into the companies' respective prints. Susquehanna Bancshares Inc assumed coverage on Wal-Mart Stores in a report on Friday, February 10th. Four investment analysts have rated the stock with a sell rating, eighteen have given a hold rating and fourteen have issued a buy rating to the company. The company now has a consensus rating of "Hold" and an average price target 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 company now has an average volume of 8.3 Million. The company has Beta Value of 0.31 and ATR value of 0.68. $74.67's average target is -0.80% below currents $75.27 stock price.
Shares of Wal-Mart Stores Inc.
The business also recently declared a quarterly dividend, which will be paid on Tuesday, January 2nd. Shareholders of record on Friday, December 8th will be given a $0.51 dividend. The stock has "Buy" rating by Argus Research on Wednesday, December 16. The stock's Dividend Yield stands at 2.69%. WALTON ALICE L also sold $211.50M worth of Wal-Mart Stores Inc (NYSE:WMT) shares. Royal Bank of Canada reaffirmed a sell rating and set a $67.00 price objective on shares of Wal-Mart Stores in a research note on Tuesday, May 2nd. Its price to sales ratio of 0.23 ranks lower than the industry's 0.96. Shares have risen 9.15% over the trailing 6 months. The sale was disclosed in a legal filing with the SEC, which is accessible through 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. That's a potential 5.3% return (15.3% annualized*) and the stock would have to fall 14.0% to cause a problem. The disclosure for this sale can be found here.
WMT has been the topic of a number of other research reports. Asset Planning Services Ltd. increased its stake in Wal-Mart Stores by 0.7% in the first quarter. The stock has appreciated 10.1% on the year. Finally, BKS Advisors LLC purchased a new position in Wal-Mart Stores during the third quarter worth about $110,000. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC increased its stake in Wal-Mart Stores by 6,777.8% in the fourth quarter. State of Alaska Department of Revenue now owns 242,708 shares of the retailer's stock worth $17,503,000 after buying an additional 5,131 shares during the period. Finally, Bank of Montreal Can increased its position in shares of Wal-Mart Stores by 4.3% in the third quarter. Fort Point Capital Partners LLC now owns 4,663 shares of the retailer's stock valued at $336,000 after buying an additional 20 shares during the last quarter. Company insiders own 51.55% of the company's stock.
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Year to Date (YTD) performance of Wal-Mart Stores Inc. Wal-Mart is letting online customers in China order from its Sam's Club stores in the US for the first time to cater to China's increasingly affluent, well-traveled shoppers.