Telsey Advisory Group Predicts Walmart FY2027 Earnings

Walmart Inc. (NYSE:WMT) – Research analysts at Telsey Advisory Group issued their FY2027 earnings estimates for shares of Walmart in a research note issued on Wednesday, January 15th. Telsey Advisory Group analyst J. Feldman forecasts that the retailer will post earnings per share of $3.01 for the year. Telsey Advisory Group has a “Outperform” rating and a $100.00 price target on the stock. The consensus estimate for Walmart’s current full-year earnings is $2.47 per share.

Walmart (NYSE:WMT) last released its quarterly earnings data on Tuesday, November 19th. The retailer reported $0.58 EPS for the quarter, topping the consensus estimate of $0.53 by $0.05. The firm had revenue of $169.59 billion for the quarter, compared to the consensus estimate of $167.69 billion. Walmart had a return on equity of 21.78% and a net margin of 2.92%. The company’s quarterly revenue was up 5.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.51 earnings per share.

Several other equities research analysts have also recently weighed in on WMT. Guggenheim increased their price target on shares of Walmart from $90.00 to $100.00 and gave the company a “buy” rating in a research report on Wednesday, November 20th. Barclays raised their target price on Walmart from $90.00 to $98.00 and gave the stock an “overweight” rating in a research note on Thursday, January 9th. Sanford C. Bernstein lifted their price objective on Walmart from $98.00 to $102.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 20th. Jefferies Financial Group upped their target price on Walmart from $105.00 to $111.00 and gave the company a “buy” rating in a report on Tuesday, December 17th. Finally, Stifel Nicolaus lifted their price target on shares of Walmart from $89.00 to $94.00 and gave the company a “hold” rating in a report on Tuesday, December 10th. Two investment analysts have rated the stock with a hold rating, twenty-nine have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $94.49.

Walmart Stock Performance

NYSE:WMT opened at $91.33 on Thursday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.23 and a current ratio of 0.85. Walmart has a fifty-two week low of $53.44 and a fifty-two week high of $96.18. The business has a 50 day moving average price of $90.86 and a 200-day moving average price of $81.03. The firm has a market cap of $733.70 billion, a PE ratio of 37.48, a price-to-earnings-growth ratio of 4.41 and a beta of 0.55.

Hedge Funds Weigh In On Walmart

A number of hedge funds have recently bought and sold shares of WMT. Bradley Foster & Sargent Inc. CT raised its position in shares of Walmart by 4.8% in the second quarter. Bradley Foster & Sargent Inc. CT now owns 202,427 shares of the retailer’s stock valued at $13,706,000 after buying an additional 9,275 shares during the last quarter. E Fund Management Co. Ltd. grew its stake in shares of Walmart by 15.3% in the second quarter. E Fund Management Co. Ltd. now owns 28,002 shares of the retailer’s stock worth $1,896,000 after acquiring an additional 3,719 shares in the last quarter. Mercer Global Advisors Inc. ADV increased its holdings in Walmart by 3.0% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 2,214,990 shares of the retailer’s stock worth $149,977,000 after purchasing an additional 65,048 shares during the period. Meiji Yasuda Life Insurance Co raised its holdings in Walmart by 8.7% in the second quarter. Meiji Yasuda Life Insurance Co now owns 292,966 shares of the retailer’s stock valued at $19,837,000 after acquiring an additional 23,450 shares in the last quarter. Finally, Meiji Yasuda Asset Management Co Ltd. lifted its position in shares of Walmart by 6.3% during the 2nd quarter. Meiji Yasuda Asset Management Co Ltd. now owns 357,284 shares of the retailer’s stock worth $24,192,000 after purchasing an additional 21,234 shares during the last quarter. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Insiders Place Their Bets

In other news, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction that occurred on Thursday, December 26th. The shares were sold at an average price of $92.60, for a total transaction of $1,215,375.00. Following the completion of the transaction, the executive vice president now directly owns 566,794 shares of the company’s stock, valued at $52,485,124.40. The trade was a 2.26 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO C Douglas Mcmillon sold 29,124 shares of Walmart stock in a transaction on Thursday, October 24th. The shares were sold at an average price of $82.79, for a total transaction of $2,411,175.96. Following the completion of the transaction, the chief executive officer now directly owns 3,843,929 shares of the company’s stock, valued at $318,238,881.91. The trade was a 0.75 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 138,347 shares of company stock valued at $12,311,491. 45.58% of the stock is owned by company insiders.

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.