Walmart Inc (NYSE: WMT) has reported earnings for its third fiscal quarter (ending October 31) of $0.17 versus a loss $-0.66 for the same period a year ago. For the latest four quarters through October 31, E.P.S. were $6.05 versus $3.27 for the same period a year ago — an increase of 85%.
Recent Price Action
Walmart Inc (NYSE: WMT) stock suffered a very large decline of -8.1% on 11/16/23. The shares closed at $156.04. The stock has declined -5.0% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, WMT is expected to continue to be a major Value Builder.
Walmart has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Walmart has a poor Appreciation Score of 16 but a good Power Rating of 83, resulting in the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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