Should You Buy Walmart Inc (WMT) Stock After it Has Fallen 5.40% in a Week?

Overall market sentiment has been down on Walmart Inc (WMT) stock lately. WMT receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.

Walmart Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on WMT!

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What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With WMT Stock Today?

Walmart Inc (WMT) stock has risen 1.18% while the S&P 500 is down -1.24% as of 11:51 AM on Friday, Dec 3. WMT has gained $1.60 from the previous closing price of $135.47 on volume of 5,258,345 shares. Over the past year the S&P 500 is higher by 23.20% while WMT is down -8.94%. WMT earned $2.86 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 47.9.

More About Walmart Inc

America's largest retailer by sales, Walmart operated over 11,400 stores under 54 banners at the end of fiscal 2021, selling a variety of general merchandise and grocery items. Its home market accounted for 78% of sales in fiscal 2021, with Mexico and Central America (6%) and Canada (4%) its largest external markets. In the United States, around 56% of sales come from grocery, 32% from general merchandise, and 10% from health and wellness items. The company operates several e-commerce properties apart from its eponymous site, including Flipkart and shoes.com (it also owns a roughly 10% stake in Chinese online retailer JD.com). Combined, e-commerce accounted for about 12% of fiscal 2021 sales. Click Here to get the full Stock Report for Walmart Inc stock.