Walmart (WMT) Expected to Announce Quarterly Earnings on Thursday

Walmart (NYSE:WMT) is expected to be issuing its quarterly earnings data before the market opens on Thursday, February 20th. Analysts expect the company to announce earnings of $0.64 per share and revenue of $178.76 billion for the quarter. Walmart has set its FY 2025 guidance at 2.420-2.470 EPS and its FY25 guidance at $2.42-2.47 EPS.Investors interested in registering for the company’s conference call can do so using this link.

Walmart (NYSE:WMT) last issued its earnings results on Tuesday, November 19th. The retailer reported $0.58 EPS for the quarter, topping the consensus estimate of $0.53 by $0.05. Walmart had a return on equity of 21.78% and a net margin of 2.92%. The firm had revenue of $169.59 billion during the quarter, compared to analysts’ expectations of $167.69 billion. During the same period last year, the business earned $0.51 earnings per share. Walmart’s quarterly revenue was up 5.5% compared to the same quarter last year. On average, analysts expect Walmart to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Walmart Stock Performance

Walmart stock opened at $103.62 on Thursday. The stock has a 50-day simple moving average of $94.45 and a 200 day simple moving average of $84.82. The company has a quick ratio of 0.23, a current ratio of 0.85 and a debt-to-equity ratio of 0.42. The stock has a market capitalization of $832.42 billion, a price-to-earnings ratio of 42.53, a P/E/G ratio of 4.25 and a beta of 0.55. Walmart has a 12-month low of $55.85 and a 12-month high of $103.90.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. UBS Group boosted their target price on Walmart from $100.00 to $113.00 and gave the stock a “buy” rating in a research report on Friday, January 31st. Wells Fargo & Company boosted their target price on Walmart from $100.00 to $108.00 and gave the stock an “overweight” rating in a report on Monday, February 3rd. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $105.00 price objective on shares of Walmart in a report on Wednesday, January 15th. Barclays increased their target price on Walmart from $90.00 to $98.00 and gave the stock an “overweight” rating in a report on Thursday, January 9th. Finally, StockNews.com downgraded Walmart from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, November 20th. Two analysts have rated the stock with a hold rating, twenty-nine have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $98.56.

Insiders Place Their Bets

In other Walmart news, CEO C Douglas Mcmillon sold 29,124 shares of the stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $91.44, for a total value of $2,663,098.56. Following the completion of the sale, the chief executive officer now owns 3,814,805 shares in the company, valued at approximately $348,825,769.20. This trade represents a 0.76 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP David Chojnowski sold 5,600 shares of the firm’s stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $91.45, for a total value of $512,120.00. Following the completion of the transaction, the senior vice president now owns 87,404 shares of the company’s stock, valued at approximately $7,993,095.80. The trade was a 6.02 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 175,177 shares of company stock valued at $16,403,728. Insiders own 45.58% of the company’s stock.

About Walmart

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.