The retailer reported $1.07 earnings per share for the quarter, topping the consensus estimate of $1.02 by $0.05.
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When breaking down the analyst ratings into a simplified formula where one represents a Strong Buy and five represents a Strong Sell recommendation, Wal-Mart Stores, Inc. That is compared with the $0.99 in earnings per share it reported during the same period a year ago.
Earnings Roundup: In the last fiscal quarter alone, Wal-Mart Stores Inc. generated almost $120.85B in sales and net income of $1.07/share. It maintained return on assets (ROA) for the last twelve months at 48.31%. Following the completion of the transaction, the insider now owns 29,464 shares of the company’s stock, valued at approximately $2,105,497.44. During the last trade, shares reached to high price of $40.04 and touched the low price of $37.79. During the same quarter in the previous year, the firm posted $1.08 earnings per share. It has been working to declutter the stores and shift workers out of stock rooms and onto store floors.
Wal-Mart Stores, Inc. had its “underperform” rating reiterated by analysts at BMO Capital Markets.
These analysts also forecasted Growth Estimates for the Current Quarter for WMT to be -3%.
08/17/2016 – Wal-Mart Stores, Inc. had its “hold” rating reiterated by analysts at Jefferies. Citigroup Inc. reissued a “hold” rating on shares of Wal-Mart Stores in a research report on Sunday, May 22nd. The firm’s quarterly revenue was up.5% on a year-over-year basis.
Price Momentum: Despite the 0.18% rise in value, the stock’s new closing price reflects a -4.99% fall in price from company’s one year high of $75.19. The 23 stock analysts who cover the stock have an average PT at $73.16, with individual targets in the range of $57 to $86. On Jul 1, 2016, Rosalind G Brewer (Executive Vice President) sold 10,794 shares at $71.65 per share price.Also, On Jun 29, 2016, S Robson Walton (director 10% owner) sold 1,450,000 shares at $71.54 per share price.On Jun 29, 2016, Alice L Walton (10% owner) sold 1,450,000 shares at $71.54 per share price, according to the Form-4 filing with the securities and exchange commission.
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The stock as of last trading session moved 30.73% up from its 52 week low and was -4.99% behind its 52 week high. The stock is presently trading down its SMA-50 of $71.78. Tesla Motors Inc (NASDAQ:TSLA) quarterly performance is -3.17% while its price to sale ratio is 6.93 and price to book ratio is 11.78. Company gross margin stands at 34.40% whereas its return on investment (ROI) is 5.90%. (NYSE:WMT), are predicting that the company will report $1.03 for the quarter ending on 2016-10-31.
