Will Walmart (WMT) Stock Gain on Q4 Numbers?

What's Happening With WMT View more about WMT >

Mega retailer Walmart (WMT) is expected to report its fourth-quarter numbers February 19. The company will report its quarterly results before the market open with the consensus calling for earnings of $1.33 per share on revenue of $139.3 billion. During the same period last year the company earned $1.33 on sales of $136.3 billion.

Technical Analysis

WMT was recently trading at $99.36 down $6.84 from its 12-month high and $17.58 above its 12-month low. InvestorsObserver’s Stock Score Report gives WMT a 50 long-term technical score and a 74 short-term technical score. The stock has recent support above $94 and recent resistance below $102. Of the 23 analysts who cover the stock 12 rate it Strong Buy, 2 rate it Buy, 9 rate it Hold, 0 rate it Sell, and 0 rate it Strong Sell, WMT gets a score of 53 from InvestorsObserver’s Stock Score Report.

Analysts' Thoughts

Walmart has enjoyed a strong start to the current year after taking big losses during the December market correction. Overall economic conditions in the nation remain favorable and consumer confidence has been high. Confidence did waver during the recent government shutdown, but with a new spending bill in place to avoid another shutdown consumer sentiment and confidence is likely to rise again.

Last quarter the company reported mixed numbers with a small revenue miss. The mixed report did not hit the stock too hard, but it did put shares in a vulnerable position when the overall market corrected, and the stock sold off more than it should have. The stock has a reasonable valuation with a forward P/E of 21 and earnings expected to rise 4.2% per annum over the next five years. Walmart has posted better than expected earnings each of the last three quarters and the market is looking for a fourth-straight beat with a whisper number of $1.36 for the quarter. Analysts have an average price target of $107.95 on the stock.

WMT
About Walmart Inc.

Walmart Inc is the largest retailer in the world with around $500 billion in annual revenue and about 11,700 stores worldwide (including supercenters, wholesale warehouse clubs under the Sam's Club banner, and small-format stores across 28 countries). It is also expanding into the growing e-commerce channel, as evidenced by its acquisition of Jet.com in 2016 and the 2018 purchase of a 77% stake in Flipkart. Sales through this channel represent about 5% of its total revenue. Groceries and consumables account for roughly 60% of sales, with the remainder from general merchandise including fuel, hardlines, apparel, entertainment, and home goods. The firm is known for an everyday low price approach.

  • Last Price:
    $100.86
  • Previous Close:
    $101.31
  • Change:
    $-0.45 (-0.44%)
  • Open:
    $100.24
  • Volume:
    11,957,941
  • Average Volume (100 Day):
    7,204,101
  • Market Capitalization:
    $289.2 B
  • Day's Range:
    $99.91 - $101.95
  • Dividend Yield:
    2.09%
  • 52-week Range:
    $106 - $81.78
  • P-E:
    44.80
  • EPS:
    $2.26
  • Earnings Date:
    not available
  • Ex Dividend Date:
    8/8/19
  • Sector:
    Consumer Defensive
  • Industry:
    Discount Stores
  • Analyst Average Recommendation:
    Moderate Buy

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