Walmart (NYSE:WMT) Releases Earnings Results, Beats Expectations By $0.05 EPS

Walmart (NYSE:WMT) issued its earnings results on Tuesday. The retailer reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.53 by $0.05, Briefing.com reports. The business had revenue of $169.59 billion during the quarter, compared to the consensus estimate of $167.69 billion. Walmart had a net margin of 2.34% and a return on equity of 21.72%. Walmart’s revenue was up 5.5% on a year-over-year basis. During the same period last year, the business posted $0.51 EPS. Walmart updated its FY 2025 guidance to 2.420-2.470 EPS and its FY25 guidance to $2.42-2.47 EPS.

Walmart Trading Up 3.0 %

NYSE:WMT opened at $86.60 on Wednesday. The firm has a market cap of $696.11 billion, a P/E ratio of 45.03, a P/E/G ratio of 4.19 and a beta of 0.51. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.22 and a current ratio of 0.80. Walmart has a 52 week low of $49.85 and a 52 week high of $88.29. The firm’s fifty day moving average is $81.58 and its 200-day moving average is $73.34.

Insider Buying and Selling at Walmart

In other Walmart news, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction on Thursday, October 24th. The shares were sold at an average price of $82.96, for a total value of $1,088,850.00. Following the completion of the sale, the executive vice president now directly owns 593,040 shares of the company’s stock, valued at approximately $49,198,598.40. The trade was a 2.17 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, major shareholder Alice L. Walton sold 2,709,163 shares of the stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $77.37, for a total transaction of $209,607,941.31. Following the transaction, the insider now directly owns 630,501,148 shares in the company, valued at $48,781,873,820.76. This trade represents a 0.43 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 12,337,337 shares of company stock valued at $958,823,647. 45.58% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several analysts recently commented on the stock. Robert W. Baird lifted their target price on shares of Walmart from $82.00 to $90.00 and gave the stock an “outperform” rating in a report on Monday, September 30th. Roth Mkm lifted their target price on Walmart from $71.00 to $81.00 and gave the stock a “buy” rating in a report on Friday, August 16th. Tigress Financial upped their price target on shares of Walmart from $75.00 to $86.00 and gave the company a “buy” rating in a research note on Tuesday, July 23rd. Citigroup lifted their price objective on shares of Walmart from $75.00 to $98.00 and gave the stock a “buy” rating in a research note on Friday, September 27th. Finally, Wells Fargo & Company lifted their price target on shares of Walmart from $88.00 to $90.00 and gave the company an “overweight” rating in a research report on Thursday, October 31st. One equities research analyst has rated the stock with a hold rating, twenty-eight have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $86.98.

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.