Telsey Advisory Group Issues Positive Forecast for Walmart (NYSE:WMT) Stock Price

Key Points

• Telsey Advisory Group has raised its price target for Walmart stock from $115 to $118, suggesting a potential upside of 20.52% from the current price.
• Walmart's stock has received a consensus “Buy” rating, with one analyst giving a Strong Buy rating and 29 analysts issuing Buy ratings.
• Walmart reported a quarterly EPS of $0.68, which missed estimates of $0.74, with a revenue of $169.34 billion compared to expectations of $174.02 billion.

Walmart (NYSE:WMT - Get Free Report) had its target price upped by equities researchers at Telsey Advisory Group from $115.00 to $118.00 in a research note issued to investors on Friday,Benzinga reports. The brokerage currently has an "outperform" rating on the retailer's stock. Telsey Advisory Group's price target indicates a potential upside of 20.52% from the company's current price.

Several other equities research analysts have also issued reports on the stock. DA Davidson reiterated a "buy" rating and issued a $117.00 price target on shares of Walmart in a research note on Friday, May 16th. JPMorgan Chase & Co. lifted their price target on shares of Walmart from $112.00 to $130.00 and gave the company an "overweight" rating in a research note on Friday, August 8th. KeyCorp lifted their price target on shares of Walmart from $105.00 to $110.00 and gave the company an "overweight" rating in a research note on Monday, June 9th. Evercore ISI reiterated an "outperform" rating and issued a $110.00 price target (up from $108.00) on shares of Walmart in a research note on Monday. Finally, Mizuho reiterated an "outperform" rating and issued a $115.00 price target on shares of Walmart in a research note on Wednesday, August 13th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average target price of $110.00.

Walmart Trading Down 4.5%

Shares of NYSE:WMT opened at $97.9050 on Friday. Walmart has a 12 month low of $75.01 and a 12 month high of $105.30. The company has a quick ratio of 0.22, a current ratio of 0.78 and a debt-to-equity ratio of 0.47. The company's fifty day simple moving average is $97.94 and its 200 day simple moving average is $95.65. The firm has a market cap of $781.32 billion, a price-to-earnings ratio of 41.84, a PEG ratio of 4.93 and a beta of 0.66.

Walmart (NYSE:WMT - Get Free Report) last issued its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 EPS for the quarter, missing analysts' consensus estimates of $0.74 by ($0.06). Walmart had a return on equity of 21.76% and a net margin of 2.75%.The company had revenue of $169.34 billion for the quarter, compared to analyst estimates of $174.02 billion. During the same quarter in the previous year, the business earned $0.67 earnings per share. The company's revenue was up 4.8% on a year-over-year basis. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. As a group, research analysts forecast that Walmart will post 2.55 EPS for the current fiscal year.

Insider Activity

In related news, CEO C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction dated Thursday, July 24th. The shares were sold at an average price of $95.58, for a total transaction of $1,855,781.28. Following the completion of the sale, the chief executive officer owned 4,412,398 shares of the company's stock, valued at approximately $421,737,000.84. The trade was a 0.44% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Kathryn J. Mclay sold 4,000 shares of Walmart stock in a transaction dated Friday, June 20th. The stock was sold at an average price of $95.24, for a total transaction of $380,960.00. Following the sale, the executive vice president directly owned 1,060,455 shares of the company's stock, valued at $100,997,734.20. The trade was a 0.38% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 88,841 shares of company stock valued at $8,565,205 over the last quarter. 0.10% of the stock is currently owned by company insiders.

Institutional Trading of Walmart

Several hedge funds and other institutional investors have recently modified their holdings of WMT. Whelan Financial boosted its stake in Walmart by 2.3% during the fourth quarter. Whelan Financial now owns 4,339 shares of the retailer's stock worth $392,000 after acquiring an additional 97 shares in the last quarter. Atlas Legacy Advisors LLC lifted its stake in shares of Walmart by 1.1% in the second quarter. Atlas Legacy Advisors LLC now owns 8,707 shares of the retailer's stock valued at $851,000 after buying an additional 98 shares in the last quarter. Meridian Wealth Partners LLC lifted its stake in shares of Walmart by 2.1% in the second quarter. Meridian Wealth Partners LLC now owns 4,804 shares of the retailer's stock valued at $470,000 after buying an additional 99 shares in the last quarter. Bedel Financial Consulting Inc. lifted its stake in shares of Walmart by 0.4% in the first quarter. Bedel Financial Consulting Inc. now owns 25,915 shares of the retailer's stock valued at $2,275,000 after buying an additional 102 shares in the last quarter. Finally, Revolve Wealth Partners LLC lifted its stake in shares of Walmart by 1.1% in the second quarter. Revolve Wealth Partners LLC now owns 9,830 shares of the retailer's stock valued at $961,000 after buying an additional 103 shares in the last quarter. Institutional investors own 26.76% of the company's stock.

Walmart Company Profile

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.

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