Walmart (NYSE:WMT) Releases Earnings Results, Beats Expectations By $0.05 EPS

Walmart (NYSE:WMT) posted its quarterly earnings data on Tuesday. The retailer reported $0.58 earnings per share for the quarter, beating analysts’ consensus estimates of $0.53 by $0.05, Briefing.com reports. Walmart had a net margin of 2.34% and a return on equity of 21.72%. The business had revenue of $169.59 billion during the quarter, compared to analyst estimates of $167.69 billion. During the same quarter in the previous year, the business posted $0.51 earnings per share. The company’s revenue was up 5.5% on a year-over-year basis. Walmart updated its FY 2025 guidance to 2.420-2.470 EPS and its FY25 guidance to $2.42-2.47 EPS.

Walmart Trading Down 0.2 %

NYSE WMT opened at $84.09 on Tuesday. The firm has a market capitalization of $675.94 billion, a PE ratio of 43.80, a price-to-earnings-growth ratio of 4.20 and a beta of 0.51. Walmart has a one year low of $49.85 and a one year high of $85.79. The company has a 50-day simple moving average of $81.43 and a 200-day simple moving average of $73.15. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.22 and a current ratio of 0.80.

Analysts Set New Price Targets

A number of research analysts have weighed in on WMT shares. Tigress Financial increased their price target on Walmart from $75.00 to $86.00 and gave the stock a “buy” rating in a research note on Tuesday, July 23rd. JPMorgan Chase & Co. lifted their price target on Walmart from $81.00 to $83.00 and gave the company an “overweight” rating in a report on Friday, August 16th. UBS Group lifted their target price on Walmart from $81.00 to $92.00 and gave the company a “buy” rating in a report on Friday, October 11th. TD Cowen upped their price target on Walmart from $80.00 to $85.00 and gave the stock a “buy” rating in a research note on Friday, August 16th. Finally, DA Davidson boosted their target price on Walmart from $75.00 to $85.00 and gave the stock a “buy” rating in a report on Friday, August 16th. One research analyst has rated the stock with a hold rating, twenty-eight have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of $86.71.

Insiders Place Their Bets

In other news, EVP John D. Rainey sold 3,000 shares of the company’s stock in a transaction dated Friday, November 1st. The shares were sold at an average price of $82.12, for a total transaction of $246,360.00. Following the completion of the transaction, the executive vice president now owns 378,165 shares in the company, valued at approximately $31,054,909.80. This represents a 0.79 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder Alice L. Walton sold 2,375,563 shares of Walmart stock in a transaction dated Thursday, September 5th. The shares were sold at an average price of $76.96, for a total transaction of $182,823,328.48. Following the completion of the sale, the insider now owns 619,646,544 shares in the company, valued at approximately $47,687,998,026.24. This represents a 0.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 12,337,337 shares of company stock valued at $958,823,647 over the last quarter. Insiders own 45.58% of the company’s stock.

Walmart Company Profile

Walmart Inc engages in the operation of retail, wholesale, other units, and eCommerce 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, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.