A number of Reuters analysts recently commented on the stock. Wal-Mart Stores, Inc. has its YTD performance of 22.21 Percent. They now have a Dollars 85 price target on the stock.
Advertisement
Wal-Mart Stores Inc.’s (WMT) made a return of -0.61%% in one month through last close, displaying a 12.73% return during the past three months. The firm’s earnings before interest, tax, depreciation and amortization (EBITDA) calculated at 1.05B for the last 12 months. The Market Capitalization of the company stands at 226.9 Billion. Jefferies Group now has a “Buy” rating and a $85.00 price target on the stock.
Wal-Mart has guided for same-store-sales growth of about 1% for Walmart stores in the US and slightly positive for Sam’s Club, excluding fuel. Over the 52-week time span, the stock notched a high price of $74.8 and its minimum price was $56.3.
US based company Wal-Mart Stores Inc.’s (WMT)’s latest closing price was up 11.68% from the average-price of 200 days while it maintained a distance from the 50 Day Moving Average at 1.52% and 0.28% compared with the 20 Day Moving Average. According to these analysts, the Low Revenue Estimate for Wal-Mart Stores, Inc.is 118.92 Billion and the High Revenue Estimate is 122.65 Billion. To see the direction where the consensus trends are heading, three months ago the stock of Core Laboratories N.V. (NYSE:CLB) had a rating of 2.13.
These analysts also forecasted Growth Estimates for the Current Quarter for WMT to be -5.6%. Our recent 10 year backtest shows that stocks that have a positive Earnings ESP and a Zacks Rank #3 (Hold) or better show a positive surprise almost 70% of the time, and have returned over 28% on average in annual returns (see more Top Earnings ESP stocks here). The company has a consensus rating of “Hold” and an average price target of $69.83. They now have a Dollars 67 price target on the stock. Four research analysts have rated the stock with a sell rating, twenty-four have assigned a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. 20 analysts have suggested the company is a “Hold”. (NYSE:WMT) fell -0.59% in trading session and finally closed at $72.89. The Median price target for the stock is listed at $26. The Corporation has average brokerage recommendation (ABR) of 1.4 based on consensus of the brokerage firms issuing ratings.
Advertisement
The stock is now trading at Distance from 20-Day simple moving Average of 0.28% whereas, Distance from 50-Day Simple moving average is 1.52 Percent and Distance from 200-Day Simple Moving Average of 11.68 percent. In Mexico, the Company operates through Self-service, which includes the operation of discount stores, hypermarkets, wholesale-price membership stores and supermarkets, and Others, which includes department stores and real estate transactions with third parties.
