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Walmart Inc (WMT-N)
340 watching
NYSE:WMT
147.45
1.78
(1.22%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
Mar 31, 2023, 8:00 pm
0
BUY
PARTIAL BUY
Allan Tong’s Discover Picks The bearish case includes WMT stock’s high PE now of 44x, popping from 27x just six months ago and double the level right before Covid hit in January 2020. Of course, there remains the bogyeman of labour and product inflation eroding margins. Walmart’s saving grace is its powerful branding and the ubiquity of its 11,400 stores spanning 26 countries. Walmarts across this continent remain the go-to for its million consumers whom, I wager, will rely on Walmart more in 2023. The street agrees with 21 buys and five holds at a price target of $162.56 or 14% higher. Read 3 Recently Upgraded Stocks to Buy for our full analysis.
department stores
DON'T BUY
Fairly expensive for its margins. Does well during economic distress. On flipside, margin pressure comes from rising labour costs. Better places to be. He's leery on consumer stocks, both discretionary and staples.
department stores
TOP PICK
Walmart Inc. helps people around the world save money and live better - anytime and anywhere - in retail stores, online, and through their mobile devices. Each week, over 265 million customers and members visit approximately 11,400 stores under 55 banners in 26 countries and eCommerce websites. With fiscal year 2020 revenue of $524 billion, Walmart employs over 2.2 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity. Social media mentions are up 500% in the past 24h.
department stores
$131.000
Unknown
DON'T BUY
One of the best performers in the Dow Q3, up nearly 7%. Surprising. In late July, it could its full-year forecast for the second time. They lowered forecast in order for their August report to report. People buy this as a trade-down play going into a recession. Repeated missteps by management means he won't recommend it.
department stores
SELL
He just sold his Walmart. The news earlier this week cut guidance for full-year 2023. There's a shift on consumer sentiment. It trades at a forward 22x which is a premium to the market. That's why he sold. WM will figure things out but will take a quarter or two.
department stores
HOLD
Allan Tong’s Discover Picks Walmart stocks and big retail are out of favour on Wall Street. Supply chain delays, hot inflation, higher wages and now product markdowns are plaguing Walmart and its peers. Further, WM’s last report noted a shift in consumer spending from household stuff to experiences. The company lowered EPS guidance as overall revenues in Q1 fell $5 billion from divesting businesses in the U.K., Japan and Argentina, further weighed by another $0.4 million of unfavourable forex. Meanwhile, international net sales slid 13% to $23.8 billion while net sales declined $5 billion. Adjusted EPS in Q1 reached $1.30, down 23.1% from a year ago. Management forecasted another 1% decline in EPS before flattening. That said, the company beat in Q1, but missed in Q2 which caused shares to slide from $148 to below $120. Read 3 gems from the Collision technology conference for our full analysis.
department stores
DON'T BUY
They reported a few weeks ago and noted a shift in spending from household goods into travel/social. WMT will have to discount some of these goods. The poorer consumer is feeling the impact from higher food and energy prices. Retail stocks have pulled back recently. She's not inclined to buy WMT and prefers Dollar Tree which enjoys more consumer demand.
department stores
TOP PICK
Excellent example of consumer discretionary that guided down. Not a perfect buy right here, right now. You can take a half position here. Model price of $111.52, which is -9.6% from here. However, they took write-offs on the balance sheet. Wait for support at $106.40, and buy there. He's taking the giants of consumer discretionary and buying when the Fed turns. Yield is 1.78%. (Analysts’ price target is $155.05)
department stores
DON'T BUY
Walmart didn't follow what the consumer was doing--buying more experiences. So, Walmart is left with a lot of inventory. Walmart missed the signal.
department stores
DON'T BUY
They have built up too much inventory. Data shows that consumers are spending more experiences and less on things. This stock will suffer for a little longer.
department stores
PAST TOP PICK
(A Top Pick Dec 28/21, Down 4.5%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with WMT has gapped down through our stop at $145. To remain disciplined, we recommend covering the position at this time. This will result in a net investment loss of 4%, when considering the previous buy recommendation.
department stores
BUY
Was overpriced for a long time, then stagnant, but now reasonable with improving earnings with a forward 22x PE. Walmart is well-positioned. Sam's Club helps.
department stores
PAST TOP PICK
(A Top Pick Dec 28/21, Up 12.1%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with WMT is progressing well. We now recommend trailing up the stop (from $134) to $145.
department stores
TOP PICK
Conservative holding with good dividends. Announced increased dividends starting May 31. Stockchase Research editor Michael O'Reilly recently reiterated it as a TOP PICK. Jim Cramer warns to be careful as retail historically doesn't do well as interest rates rise. Social media mentions are up 8% over the past 24h.
department stores
$157.410
Unknown
Walmart Inc(WMT-N) Rating
Ranking : 3 out of 5
Bullish - Buy Signals / Votes : 5
Neutral - Hold Signals / Votes : 1
Bearish - Sell Signals / Votes : 6
Total Signals / Votes : 12
Walmart Inc(WMT-N) Frequently Asked Questions
What is Walmart Inc stock symbol?
Walmart Inc is a American stock, trading under the symbol WMT-N on the New York Stock Exchange (WMT). It is usually referred to as NYSE:WMT or WMT-N
Is Walmart Inc a buy or a sell?
In the last year, 12 stock analysts published opinions about WMT-N. 5 analysts recommended to BUY the stock. 6 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Walmart Inc.
Is Walmart Inc a good investment or a top pick?
Walmart Inc was recommended as a Top Pick by on . Read the latest stock experts ratings for Walmart Inc.
Why is Walmart Inc stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Walmart Inc worth watching?
12 stock analysts on Stockchase covered Walmart Inc In the last year. It is a trending stock that is worth watching.
What is Walmart Inc stock price?
On 2023-03-31, Walmart Inc (WMT-N) stock closed at a price of $147.45.
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Prefers this to, say, Target, in discretionary. WMT is attracting higher-end customers. If the economy weakens, people will go long Walmart and short Target.