[at Seeking Alpha] – Overview: Comparing the Internet tech Goliath Amazon ( AMZN ) to the retail mega store Wal-Mart ( WMT ) can be a more difficult event than otherwise perceived. The two companies are not so much an “apples …
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Wal-Mart Stores Inc. (WMT), valued at $247.19B, started trading this morning at $76.19.
Today’s price range has been between $75.84 and $76.35 per share and has traded between $67.37 and $79.96 over the past year.
WMT shares are currently priced at 14.45x this year’s forecasted earnings, which makes them 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 improvement than last year’s full-year earnings.
The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $116.78 Billion. If realized, that would be a 2.50% increase over the year-ago quarter.
Recently, Stifel Nicolaus upgraded WMT from Hold to Buy (Aug 6, 2012).
Previously, Argus downgraded WMT from Buy to Hold.
Investors should keep in mind is that the average price target is $81.95, which is 7.56% 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, Sams Clubs, neighborhood markets.
Tag Helper ~ Stock Code: WMT | Common Company name: Wal-Mart | Full Company name: Wal-Mart Stores Inc. (NYSE:WMT) .