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Walmart (WMT) Gains As Market Dips: What You Should Know
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Walmart (WMT - Free Report) closed the most recent trading day at $94.95, moving +0.12% from the previous trading session. The stock outpaced the S&P 500's daily loss of 0.53%. Meanwhile, the Dow lost 0.36%, and the Nasdaq, a tech-heavy index, lost 0.94%.
Heading into today, shares of the world's largest retailer had gained 2.02% over the past month, outpacing the Retail-Wholesale sector's loss of 0.45% and the S&P 500's loss of 1.47% in that time.
Investors will be hoping for strength from WMT as it approaches its next earnings release, which is expected to be February 19, 2019. In that report, analysts expect WMT to post earnings of $1.32 per share. This would mark a year-over-year decline of 0.75%. Our most recent consensus estimate is calling for quarterly revenue of $139.30 billion, up 2.23% from the year-ago period.
For the full year, our Zacks Consensus Estimates are projecting earnings of $4.83 per share and revenue of $514.62 billion, which would represent changes of +9.28% and +2.85%, respectively, from the prior year.
Any recent changes to analyst estimates for WMT should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. WMT is currently sporting a Zacks Rank of #2 (Buy).
Valuation is also important, so investors should note that WMT has a Forward P/E ratio of 19.64 right now. This valuation marks a premium compared to its industry's average Forward P/E of 15.75.
It is also worth noting that WMT currently has a PEG ratio of 3.85. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Retail - Supermarkets was holding an average PEG ratio of 1.94 at yesterday's closing price.
The Retail - Supermarkets industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 68, putting it in the top 27% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
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Walmart (WMT) Gains As Market Dips: What You Should Know
Walmart (WMT - Free Report) closed the most recent trading day at $94.95, moving +0.12% from the previous trading session. The stock outpaced the S&P 500's daily loss of 0.53%. Meanwhile, the Dow lost 0.36%, and the Nasdaq, a tech-heavy index, lost 0.94%.
Heading into today, shares of the world's largest retailer had gained 2.02% over the past month, outpacing the Retail-Wholesale sector's loss of 0.45% and the S&P 500's loss of 1.47% in that time.
Investors will be hoping for strength from WMT as it approaches its next earnings release, which is expected to be February 19, 2019. In that report, analysts expect WMT to post earnings of $1.32 per share. This would mark a year-over-year decline of 0.75%. Our most recent consensus estimate is calling for quarterly revenue of $139.30 billion, up 2.23% from the year-ago period.
For the full year, our Zacks Consensus Estimates are projecting earnings of $4.83 per share and revenue of $514.62 billion, which would represent changes of +9.28% and +2.85%, respectively, from the prior year.
Any recent changes to analyst estimates for WMT should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. WMT is currently sporting a Zacks Rank of #2 (Buy).
Valuation is also important, so investors should note that WMT has a Forward P/E ratio of 19.64 right now. This valuation marks a premium compared to its industry's average Forward P/E of 15.75.
It is also worth noting that WMT currently has a PEG ratio of 3.85. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Retail - Supermarkets was holding an average PEG ratio of 1.94 at yesterday's closing price.
The Retail - Supermarkets industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 68, putting it in the top 27% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions.