Walmart (NYSE:WMT) Updates FY25 Earnings Guidance

Walmart (NYSE:WMT) updated its FY25 earnings guidance on Tuesday. The company provided earnings per share guidance of $2.42-2.47 for the period, compared to the consensus earnings per share estimate of $2.45. Walmart also updated its FY 2025 guidance to 2.420-2.470 EPS.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. Truist Financial boosted their price objective on Walmart from $89.00 to $98.00 and gave the stock a “buy” rating in a research note on Wednesday. The Goldman Sachs Group boosted their price objective on Walmart from $73.00 to $81.00 and gave the stock a “buy” rating in a research note on Friday, August 16th. Deutsche Bank Aktiengesellschaft boosted their price objective on Walmart from $77.00 to $83.00 and gave the stock a “buy” rating in a research note on Friday, August 16th. KeyCorp boosted their price objective on Walmart from $88.00 to $96.00 and gave the stock an “overweight” rating in a research note on Wednesday. Finally, Evercore ISI lifted their target price on Walmart from $66.00 to $89.00 and gave the company an “overweight” rating in a research report on Monday. Two equities research analysts have rated the stock with a hold rating, twenty-nine have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $91.49.

Walmart Trading Up 1.3 %

NYSE:WMT opened at $88.32 on Friday. The stock has a 50-day simple moving average of $81.92 and a 200-day simple moving average of $73.54. The stock has a market cap of $709.94 billion, a P/E ratio of 36.25, a P/E/G ratio of 4.33 and a beta of 0.51. Walmart has a 1 year low of $49.85 and a 1 year high of $88.64. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.22 and a current ratio of 0.85.

Walmart (NYSE:WMT) last released its quarterly earnings data on Tuesday, November 19th. The retailer reported $0.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.53 by $0.05. The business had revenue of $169.59 billion during the quarter, compared to analysts’ expectations of $167.69 billion. Walmart had a return on equity of 21.78% and a net margin of 2.92%. The business’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.51 EPS. As a group, analysts anticipate that Walmart will post 2.47 earnings per share for the current fiscal year.

Insider Activity at Walmart

In related news, EVP John D. Rainey sold 3,000 shares of the company’s stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $77.48, for a total value of $232,440.00. Following the completion of the sale, the executive vice president now directly owns 384,165 shares of the company’s stock, valued at $29,765,104.20. This represents a 0.77 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder S Robson Walton sold 4,057,369 shares of the company’s stock in a transaction dated Monday, September 9th. The shares were sold at an average price of $77.20, for a total value of $313,228,886.80. Following the completion of the sale, the insider now directly owns 611,988,318 shares of the company’s stock, valued at approximately $47,245,498,149.60. This trade represents a 0.66 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 12,337,337 shares of company stock valued at $958,823,647 in the last three months. 45.58% of the stock is currently owned by company insiders.

About Walmart

Walmart Inc engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.