KeyCorp analyst E. Yruma now forecasts that the retailer will earn $4.57 per share for the year, up from their prior forecast of $4.50. The stock of Wal-Mart Stores Inc (NYSE:WMT) earned "Equal-Weight" rating by Barclays Capital on Thursday, March 31.
WMT has been the subject of several research reports.
02/17/2017 - Wal-Mart Stores, Inc. had its "hold" rating reiterated by analysts at Deutsche Bank. They now have a United States dollars 90 price target on the stock.
Shares of Wal-Mart Stores Inc (NYSE:WMT) traded up 1.17% during mid-day trading on Thursday, reaching $74.94.
Shares of Wal-Mart Stores Inc (NYSE:WMT) opened at 73.89 on Wednesday. The stock gained a consensus recommendation of 1.22 on Zacks Investment Research where the scale runs from 1 to 5, 1 representing Strong buy and 5 showing Strong Sell. There may be various price targets for a stock.
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CenterPoint Energy, Inc. (NYSE:CNP), after opening at $28.26, closed at $28.30 by scoring 0.25%. 2,752,074 shares of the company's stock traded hands. The stock has a market cap of $226.87 billion, a P/E ratio of 17.08 and a beta of 0.09.
Wal-Mart Stores (NYSE:WMT) last issued its earnings results on Tuesday, February 21st. The overall volume in the last trading session was 3.48 million shares, versus the average volume of 3.04 million shares. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 114,171 shares of the retailer's stock worth $114,000 after buying an additional 112,511 shares during the last quarter. The company reported its last quarter on 1/31/2017. According to their predictions High & Low revenue estimates are 119.78 Billion and 115.64 Billion respectively. The company reported revenue of $122.95 Billion in the same period a year ago. During the same quarter in the previous year, the business posted $1.49 earnings per share.
The company also recently announced a quarterly dividend, which will be paid on Tuesday, January 2nd. Shareholders of record on Friday, December 8th will be issued a $0.51 dividend. The ex-dividend date is Wednesday, December 6th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 2.75%.
Another critical number in evaluating a stock is P/E or the price to earnings ratio. Vetr cut shares of Wal-Mart Stores from a "buy" rating to a "hold" rating and set a $69.26 price objective for the company.in a research note on Tuesday, January 31st. The current value of the RSI is 72.87 that is in overbought range. Following the transaction, the insider now directly owns 10,507,127 shares of the company's stock, valued at $756,408,072.73. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The stock is showing its Operating Margin of 4.7 percent. Mitchell Mcleod Pugh And Williams owns 9,863 shares or 0.55% of their USA portfolio.
Earnings per share (EPS) is the portion of a company's profit allocated to each outstanding share of common stock. The disclosure for this sale can be found here. (WMT) is $74.42/share according to the consensus of analysts working on the stock, with an expected EPS of $0.96/share for the current quarter.
Want to see what other hedge funds are holding WMT? Finally, Nelson Roberts Investment Advisors LLC increased its stake in Wal-Mart Stores by 27.2% in the third quarter. Itau Unibanco Holding S.A. acquired a new stake in shares of Wal-Mart Stores during the third quarter worth approximately $104,000. The stock appeared -0.30% below its 52-week highs and is up 1.14% for the last five trades. BKS Advisors LLC purchased a new stake in shares of Wal-Mart Stores during the third quarter worth about $110,000. The firm's revenue for the quarter was up.8% compared to the same quarter previous year. Seven Eight Capital LLC bought a new stake in Wal-Mart Stores during the second quarter valued at $111,000. Institutional investors own 29.69% of the company's stock.
02/06/2017 - Sanford C. Bernstein began new coverage on Wal-Mart Stores, Inc. giving the company a "market perform" rating. The Company operates through three segments: Walmart U.S., Walmart International and Sam's Club.