What You Need To Know From Walmart's Q1 Report

Masayoshi Son

Masayoshi Son

A number of other brokerages also recently issued reports on WMT.

Net income reported by Walmart Inc for the first quarter of fiscal 2019 was $2.13 billion.

Menta Ltd Liability Com, a California-based fund reported 2,900 shares.

Shares of WMT stock traded down $1.09 during trading hours on Thursday, reaching $85.04. Walmart Inc., formerly known as Wal-Mart Stores, Inc., is headquartered in Bentonville, Arkansas. Two Sigma Advisers LP lifted its stake in Walmart by 74.7% in the 4th quarter.

After a strategic investment of $500 Mn by eBay in Flipkart past year, eBay has categorically communicated its intention to sell its shareholding of 6.55%, worth $1.1 Bn, in Flipkart.

EPS growth for the next 5 years is 5.65 percent.

Shares of Walmart stock opened at $86.13 on Wednesday. The return on assets stands at 4.8%, Return on Equity now is 13% and the Return on Investment value is 10%. During the past six months, Walmart Inc. Now we look at the Moving Averages, the 200-day is -3.99%, the 50-day is -0.82% and the 20-day is -0.01%.

CNBC has the details on Walmart's earnings.

Excluding special items, adjusted earnings were $1.14 per share. Butensky And Cohen Fincl Security Incorporated has 1.99% invested in Walmart Inc. The earnings statement also emphasised steps taken by the company during the quarter to reposition its portfolio of businesses. Operating income for the division totaled $1.3 billion, up 11.1% (+0.2% to $1.1 billion in constant currency).

Walmart saw revenue edge up in its fiscal 2019 first quarter, including increased USA same-store sales, as the company topped Wall Street's earnings forecast. The ex-dividend date is Thursday, December 6th. Walmart's payout ratio is 47.06%. The relative volume of the stock is 1.13. Zacks Investment Research upgraded shares of Walmart from a "sell" rating to a "hold" rating in a research note on Monday.

Walmart's share price fell 3% on the day of the announcement.

CFRA's Joseph Agnese reiterated a Buy rating and a $109 price target on the shares, writing that despite the weather impact, he's encouraged by management commentary that sales are picking up with warmer temperatures. Goldman Sachs set a $115.00 price target on shares of Walmart and gave the company a "neutral" rating in a report on Tuesday, January 16th.

Analysts on average have given a price target of $105.4 to Wal-Mart Stores Inc.

Wal-Mart Stores, Inc. operates retail stores in various formats worldwide.

Same-store sales at Walmart's US stores rose 2.1%, compared with the 2.3% expected by analysts according to Consensus Metrix. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, discount stores, drugstores, and convenience stores; membership-only warehouse clubs; e-commerce Websites, such as walmart.com, jet.com, hayneedle.com, shoes.com, moosejaw.com, modcloth.com, bonobos.com, and samsclub.com; and mobile commerce and voice-activated commerce applications.

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