Media headlines about Walmart (NYSE:WMT) have been trending somewhat positive recently, according to InfoTrie Sentiment. The research firm identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Walmart earned a news sentiment score of 1.00 on their scale. InfoTrie also assigned media headlines about the retailer an news buzz score of 10 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company’s share price in the next few days.
These are some of the news stories that may have effected Walmart’s score:
- Walmart Charts New Course By Steering Workers To High-Quality Imaging Centers – Kaiser Health News (khn.org)
- PD: Phoenix officer charged after punching, slapping shoplifting suspect at Walmart – AZFamily (azfamily.com)
- Walmart, Macy’s Could Be Hit by Tariffs — But There’s a Difference – TheStreet.com (thestreet.com)
- Bedford Walmart to close its doors next month; clearance sales could begin next week – The Union Leader (unionleader.com)
- LeBron James, Walmart teaming up to feed the hungry – cleveland.com (cleveland.com)
A number of equities research analysts recently weighed in on the stock. Wolfe Research lowered shares of Walmart from a “peer perform” rating to an “underperform” rating in a report on Wednesday, May 8th. Sanford C. Bernstein upgraded shares of Walmart from a “market perform” rating to an “outperform” rating and set a $101.80 price objective for the company in a report on Thursday, May 2nd. Zacks Investment Research lowered shares of Walmart from a “hold” rating to a “sell” rating in a report on Monday, April 29th. Citigroup decreased their price objective on shares of Walmart from $120.00 to $115.00 and set a “buy” rating for the company in a report on Monday, April 1st. Finally, Evercore ISI assumed coverage on shares of Walmart in a report on Wednesday, March 20th. They set an “in-line” rating and a $95.00 price objective for the company. They noted that the move was a valuation call. Three research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and eighteen have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $105.87.
Walmart (NYSE:WMT) last posted its quarterly earnings results on Tuesday, February 19th. The retailer reported $1.41 EPS for the quarter, beating the consensus estimate of $1.33 by $0.08. Walmart had a net margin of 1.30% and a return on equity of 18.60%. The business had revenue of $137.74 billion during the quarter, compared to analyst estimates of $137.63 billion. During the same quarter in the previous year, the business posted $1.33 EPS. The company’s quarterly revenue was up 1.9% compared to the same quarter last year. Research analysts forecast that Walmart will post 4.76 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Monday, June 3rd. Stockholders of record on Friday, May 10th will be issued a $0.53 dividend. The ex-dividend date is Thursday, May 9th. This represents a $2.12 annualized dividend and a dividend yield of 2.12%. Walmart’s dividend payout ratio is currently 43.18%.
In other news, Director S Robson Walton sold 1,139,696 shares of Walmart stock in a transaction that occurred on Wednesday, February 20th. The shares were sold at an average price of $99.72, for a total value of $113,650,485.12. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider John R. Furner sold 10,427 shares of Walmart stock in a transaction that occurred on Wednesday, February 20th. The stock was sold at an average price of $101.81, for a total transaction of $1,061,572.87. The disclosure for this sale can be found here. In the last ninety days, insiders sold 14,240,978 shares of company stock worth $1,406,078,670. Insiders own 51.11% of the company’s stock.
Walmart Inc engages in the retail and wholesale operations in various formats 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, discount stores, drugstores, and convenience stores; membership-only warehouse clubs; e-commerce Websites, such as walmart.com, jet.com, shoes.com, and samsclub.com; and mobile commerce applications.
Further Reading: Diluted Earnings Per Share
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