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Walmart (WMT) Stock Moves -0.01%: What You Should Know
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Walmart (WMT - Free Report) closed the most recent trading day at $97.14, moving -0.01% from the previous trading session. This change was narrower than the S&P 500's 0.43% loss on the day. Meanwhile, the Dow lost 0.5%, and the Nasdaq, a tech-heavy index, added 0.26%.
Prior to today's trading, shares of the world's largest retailer had gained 1.46% over the past month. This has outpaced the Retail-Wholesale sector's loss of 9.86% and the S&P 500's loss of 4.68% in that time.
WMT will be looking to display strength as it nears its next earnings release, which is expected to be November 15, 2018. The company is expected to report EPS of $1.02, up 2% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $124.75 billion, up 1.27% from the year-ago period.
WMT's full-year Zacks Consensus Estimates are calling for earnings of $4.79 per share and revenue of $514.92 billion. These results would represent year-over-year changes of +8.37% and +2.91%, respectively.
Any recent changes to analyst estimates for WMT should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. 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.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.81% lower. WMT is currently a Zacks Rank #3 (Hold).
Looking at its valuation, WMT is holding a Forward P/E ratio of 20.28. For comparison, its industry has an average Forward P/E of 17.78, which means WMT is trading at a premium to the group.
We can also see that WMT currently has a PEG ratio of 3.99. 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. WMT's industry had an average PEG ratio of 2.46 as of yesterday's close.
The Retail - Supermarkets industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 189, putting it in the bottom 26% 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.
You can find more information on all of these metrics, and much more, on Zacks.com.
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Walmart (WMT) Stock Moves -0.01%: What You Should Know
Walmart (WMT - Free Report) closed the most recent trading day at $97.14, moving -0.01% from the previous trading session. This change was narrower than the S&P 500's 0.43% loss on the day. Meanwhile, the Dow lost 0.5%, and the Nasdaq, a tech-heavy index, added 0.26%.
Prior to today's trading, shares of the world's largest retailer had gained 1.46% over the past month. This has outpaced the Retail-Wholesale sector's loss of 9.86% and the S&P 500's loss of 4.68% in that time.
WMT will be looking to display strength as it nears its next earnings release, which is expected to be November 15, 2018. The company is expected to report EPS of $1.02, up 2% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $124.75 billion, up 1.27% from the year-ago period.
WMT's full-year Zacks Consensus Estimates are calling for earnings of $4.79 per share and revenue of $514.92 billion. These results would represent year-over-year changes of +8.37% and +2.91%, respectively.
Any recent changes to analyst estimates for WMT should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. 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.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.81% lower. WMT is currently a Zacks Rank #3 (Hold).
Looking at its valuation, WMT is holding a Forward P/E ratio of 20.28. For comparison, its industry has an average Forward P/E of 17.78, which means WMT is trading at a premium to the group.
We can also see that WMT currently has a PEG ratio of 3.99. 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. WMT's industry had an average PEG ratio of 2.46 as of yesterday's close.
The Retail - Supermarkets industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 189, putting it in the bottom 26% 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.
You can find more information on all of these metrics, and much more, on Zacks.com.