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Walmart (WMT) Stock Moves -0.96%: What You Should Know
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Walmart (WMT - Free Report) closed the most recent trading day at $135.73, moving -0.96% from the previous trading session. This change was narrower than the S&P 500's daily loss of 1.3%.
Prior to today's trading, shares of the world's largest retailer had lost 8.17% over the past month. This has lagged the Retail-Wholesale sector's loss of 5.69% and the S&P 500's loss of 3.58% in that time.
Wall Street will be looking for positivity from WMT as it approaches its next earnings report date. The company is expected to report EPS of $1.38, up 2.99% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $135.68 billion, up 0.72% from the year-ago period.
For the full year, our Zacks Consensus Estimates are projecting earnings of $6.33 per share and revenue of $565.38 billion, which would represent changes of +15.51% and +1.11%, 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 a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. WMT is currently a Zacks Rank #2 (Buy).
Looking at its valuation, WMT is holding a Forward P/E ratio of 21.64. Its industry sports an average Forward P/E of 13.16, so we one might conclude that WMT is trading at a premium comparatively.
Meanwhile, WMT's PEG ratio is currently 3.93. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Retail - Supermarkets industry currently had an average PEG ratio of 1.11 as of yesterday's close.
The Retail - Supermarkets industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 35, putting it in the top 14% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow WMT in the coming trading sessions, be sure to utilize Zacks.com.
View the Zacks #1 Rank List
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Walmart (WMT) Stock Moves -0.96%: What You Should Know
Walmart (WMT - Free Report) closed the most recent trading day at $135.73, moving -0.96% from the previous trading session. This change was narrower than the S&P 500's daily loss of 1.3%.
Prior to today's trading, shares of the world's largest retailer had lost 8.17% over the past month. This has lagged the Retail-Wholesale sector's loss of 5.69% and the S&P 500's loss of 3.58% in that time.
Wall Street will be looking for positivity from WMT as it approaches its next earnings report date. The company is expected to report EPS of $1.38, up 2.99% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $135.68 billion, up 0.72% from the year-ago period.
For the full year, our Zacks Consensus Estimates are projecting earnings of $6.33 per share and revenue of $565.38 billion, which would represent changes of +15.51% and +1.11%, 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 a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. WMT is currently a Zacks Rank #2 (Buy).
Looking at its valuation, WMT is holding a Forward P/E ratio of 21.64. Its industry sports an average Forward P/E of 13.16, so we one might conclude that WMT is trading at a premium comparatively.
Meanwhile, WMT's PEG ratio is currently 3.93. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Retail - Supermarkets industry currently had an average PEG ratio of 1.11 as of yesterday's close.
The Retail - Supermarkets industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 35, putting it in the top 14% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow WMT in the coming trading sessions, be sure to utilize Zacks.com.