DA Davidson Forecasts Walmart’s FY2025 Earnings (NYSE:WMT)

Walmart Inc. (NYSE:WMT) – Analysts at DA Davidson upped their FY2025 EPS estimates for Walmart in a research note issued on Monday, November 11th. DA Davidson analyst M. Baker now anticipates that the retailer will post earnings per share of $2.42 for the year, up from their prior forecast of $2.40. DA Davidson has a “Buy” rating and a $85.00 price objective on the stock. The consensus estimate for Walmart’s current full-year earnings is $2.44 per share.

Walmart (NYSE:WMT) last issued its earnings results on Thursday, August 15th. The retailer reported $0.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.65 by $0.02. Walmart had a net margin of 2.34% and a return on equity of 21.72%. The firm had revenue of $169.30 billion for the quarter, compared to analysts’ expectations of $168.56 billion. During the same quarter last year, the company posted $0.61 earnings per share. Walmart’s revenue was up 4.7% on a year-over-year basis.

A number of other research firms have also recently weighed in on WMT. The Goldman Sachs Group lifted their price target on Walmart from $73.00 to $81.00 and gave the company a “buy” rating in a report on Friday, August 16th. Citigroup lifted their price target on Walmart from $75.00 to $98.00 and gave the company a “buy” rating in a report on Friday, September 27th. Sanford C. Bernstein assumed coverage on Walmart in a report on Tuesday, October 22nd. They set an “outperform” rating and a $95.00 price target on the stock. Morgan Stanley boosted their target price on Walmart from $82.00 to $89.00 and gave the stock an “overweight” rating in a report on Tuesday. Finally, Tigress Financial boosted their target price on Walmart from $75.00 to $86.00 and gave the stock a “buy” rating in a report on Tuesday, July 23rd. One analyst has rated the stock with a hold rating, twenty-eight have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $84.84.

Walmart Stock Performance

WMT opened at $85.54 on Wednesday. The business’s 50 day moving average is $80.82 and its 200-day moving average is $72.44. The stock has a market cap of $687.59 billion, a PE ratio of 44.47, a price-to-earnings-growth ratio of 4.25 and a beta of 0.51. The company has a current ratio of 0.80, a quick ratio of 0.22 and a debt-to-equity ratio of 0.46. Walmart has a twelve month low of $49.85 and a twelve month high of $85.79.

Insider Buying and Selling at Walmart

In other Walmart news, EVP John D. Rainey sold 3,000 shares of the business’s stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $77.48, for a total transaction of $232,440.00. Following the sale, the executive vice president now directly owns 384,165 shares of the company’s stock, valued at $29,765,104.20. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In other news, major shareholder Alice L. Walton sold 2,709,163 shares of the company’s stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $77.37, for a total value of $209,607,941.31. Following the transaction, the insider now directly owns 630,501,148 shares of the company’s stock, valued at approximately $48,781,873,820.76. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP John D. Rainey sold 3,000 shares of the company’s stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $77.48, for a total transaction of $232,440.00. Following the completion of the transaction, the executive vice president now directly owns 384,165 shares in the company, valued at $29,765,104.20. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 12,337,337 shares of company stock valued at $958,823,647 in the last three months. 45.58% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Walmart

Hedge funds have recently modified their holdings of the stock. Hardy Reed LLC boosted its holdings in Walmart by 23.8% in the third quarter. Hardy Reed LLC now owns 12,657 shares of the retailer’s stock worth $1,022,000 after purchasing an additional 2,436 shares in the last quarter. Cadence Bank boosted its holdings in Walmart by 0.3% in the third quarter. Cadence Bank now owns 181,868 shares of the retailer’s stock worth $14,686,000 after purchasing an additional 467 shares in the last quarter. Carlson Capital Management boosted its holdings in Walmart by 1.8% in the third quarter. Carlson Capital Management now owns 7,499 shares of the retailer’s stock worth $606,000 after purchasing an additional 134 shares in the last quarter. Shum Financial Group Inc. bought a new stake in Walmart in the third quarter worth $1,719,000. Finally, Avestar Capital LLC boosted its holdings in Walmart by 5.4% in the third quarter. Avestar Capital LLC now owns 29,372 shares of the retailer’s stock worth $2,372,000 after purchasing an additional 1,514 shares in the last quarter. 26.76% of the stock is owned by institutional investors and hedge funds.

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.