Wal-Mart Stores, Inc. (NYSE:WMT) registered a -1.60% decrease, still its new closing price is 8.37% up from the company’s 1 year high of 74.66.It posted -2.26% losses in previous 5 sessions and is now the subject of 21 analysts who together assign a hold rating on stock. 2 of Wall Street analysts have an underperform rating; the 1 sells versus 4 buy or better ratings. The 33 stock analysts following this company have an average price target at $74.05, with individual PT in the $60.00-$90.00 range. The shares moved at $65.66, implying that brokerage firms see shares gaining about 5.21% in twelve months time.
Wal-Mart Stores, Inc. (WMT) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a -5.01% fall year to date. A Executive Vice President at Wal-Mart Stores, Inc. (WMT) offloaded shares in a transaction closed on Thursday January 05, 2017. BREWER ROSALIND G sold 32,350 shares in the company at $68.32 each and collected $2,210,000 in proceeds. BREWER ROSALIND G now owns 245,328 shares in the company after this transaction. A President and CEO in the company, McMillon C Douglas, disclosed a transaction on Monday November 21, 2016 that ended up generating $5,185,000 from the sale of 75,063 shares at $69.08 per share.
Wal-Mart Stores, Inc. (NYSE:WMT) Upcoming Results on Tap
Wal-Mart Stores, Inc. will next provide financial results for the April 2017 quarter. Stock analysts expect it to report per-share earnings of $0.96 in that period. Sales during the quarter are predicted to arrive at $117.8 billion.
Earnings surprise history: Last quarter, the company posted approximately $118.18 billion in revenue and EPS of $0.98. The mean forecast was for $118.7 billion and $0.96 a share, respectively. One quarter earlier, revenue for the stock was at $120.85 billion, with earnings at $1.07/share.
Wal-Mart Stores, Inc. (WMT) Brokerage Update
Wal-Mart Stores, Inc. (WMT) is in Barclays’s research list so their analyst rating change is noteworthy. These shares were upgraded to Overweight from Equal Weight by Barclays, according to news reported on Friday September 23, 2016.Another important research note was issued by Cowen on Monday September 12, 2016.The firm upgraded WMT to Outperform from Market Perform. Over the last six months and over the last three months, the shares of Wal-Mart Stores, Inc. (WMT), have changed -9.09% and -4.97%, respectively.