Are Wal-Mart’s Troubles in India Growing? – Wal-Mart Stores Inc. (NYSE:WMT)

Wal-Mart Stores Inc. (NYSE:WMT)

[at Wall St. Cheat Sheet] – Wal-Mart’s case has been forwarded to the Central Bank of India. Does that shift indicate a bigger problem for the retailer?
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Wal-Mart Stores Inc. (WMT), with a current value of $244.99B, started the session at $75.72.

During today’s session, WMT traded between $75.24 to $75.82 with the price of the stock fluctuating between $67.37 to $79.96 over the last 52 weeks.

Priced at 14.56x this year’s forecasted earnings, WMT shares are relatively inexpensive compared to the industry’s 29.44x forward p/e ratio.

And for income investors, the company pays shareholders $1.88 per share annually in dividends, yielding 2.50%.

According to a consensus of 26 analysts, the earnings estimate of $1.13 per share would be $0.05 better than the year-ago quarter and a $0.04 sequential decrease. The full-year EPS estimate is $5.20, which would be a $0.18 better than last year.

The quarterly earnings estimate is predicated on a consensus revenue forecast of $116.78 Billion. If reported, that would be a 2.50% increase over the year-ago quarter.

More recently, Stifel Nicolaus upgraded WMT from Hold to Buy (Aug 6, 2012).
Previously, Argus downgraded WMT from Buy to Hold.

With the above information in mind, readers should note that the average price target is $81.95, which is 8.23% above where the stock opened this morning.

Wal-Mart Stores Inc. (NYSE:WMT), operates retail stores worldwide. The company operates in three segments: Walmart U.S., Walmart International and Sam’s Club. It operates retail stores, restaurants, discount stores, supermarkets, supercenters, hypermarkets, warehouse clubs, apparel stores, Sam’s Clubs, neighborhood markets.

Tag Helper ~ Stock Code: WMT | Common Company name: Wal-Mart | Full Company name: Wal-Mart Stores Inc. (NYSE:WMT) .

More on this topic (What's this?) Read more on Wal-Mart at Wikinvest

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