Walmart (NYSE:WMT) Getting Somewhat Favorable News Coverage, Study Shows

Media headlines about Walmart (NYSE:WMT) have trended somewhat positive on Wednesday, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of media coverage by reviewing more than 6,000 blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Walmart earned a daily sentiment score of 1.57 on their scale. InfoTrie also assigned news stories about the retailer an news buzz score of 0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company’s share price in the near term.

Here are some of the news stories that may have impacted Walmart’s ranking:

NYSE:WMT traded up $0.38 during mid-day trading on Wednesday, reaching $119.05. 449,076 shares of the stock were exchanged, compared to its average volume of 5,661,633. The company has a 50 day simple moving average of $119.04 and a 200-day simple moving average of $113.37. The stock has a market capitalization of $338.73 billion, a P/E ratio of 24.23, a P/E/G ratio of 4.83 and a beta of 0.36. The company has a quick ratio of 0.20, a current ratio of 0.81 and a debt-to-equity ratio of 0.83. Walmart has a 1 year low of $85.78 and a 1 year high of $125.38.

Walmart (NYSE:WMT) last issued its quarterly earnings data on Thursday, November 14th. The retailer reported $1.16 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.09 by $0.07. The company had revenue of $126.98 billion during the quarter, compared to analysts’ expectations of $128.08 billion. Walmart had a return on equity of 18.47% and a net margin of 2.77%. The firm’s revenue for the quarter was up 2.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.08 earnings per share. As a group, research analysts predict that Walmart will post 4.97 EPS for the current year.

WMT has been the subject of a number of analyst reports. Bank of America reiterated a “buy” rating and set a $135.00 target price (up previously from $120.00) on shares of Walmart in a research note on Friday, August 16th. Buckingham Research set a $109.00 price target on Walmart and gave the company a “hold” rating in a research note on Friday, August 16th. Goldman Sachs Group set a $125.00 price target on Walmart and gave the stock a “buy” rating in a report on Thursday, November 14th. Zacks Investment Research cut Walmart from a “buy” rating to a “hold” rating and set a $126.00 price objective for the company. in a research report on Monday. Finally, KeyCorp reiterated an “overweight” rating and issued a $138.00 price objective (up previously from $128.00) on shares of Walmart in a report on Friday, November 15th. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating and seventeen have given a buy rating to the company’s stock. Walmart presently has an average rating of “Buy” and an average target price of $124.07.

In related news, EVP Judith J. Mckenna sold 8,300 shares of the company’s stock in a transaction on Friday, November 15th. The shares were sold at an average price of $119.21, for a total value of $989,443.00. Following the completion of the sale, the executive vice president now owns 216,811 shares in the company, valued at approximately $25,846,039.31. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders own 50.22% of the company’s stock.

About Walmart

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.

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