[Consumer Reports] – If you don’t have a problem shopping on Thanksgiving to get a jump on Black Friday sales, Walmart is trying to make it worthwhile: Among its deals is a 32-inch LCD TV for just $98. But if that’s …
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Wal-Mart Stores Inc. (WMT), with a current value of $254.27B, opened this morning at $78.85.
Looking at the equity, the company’s one day range is $78.37 to $78.87 with a trailing 52-week range being $67.37 to $79.96.
Wal-Mart (WMT) shares are currently priced at 15.19x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 26.09x earnings multiple for the same period.
And for dividend hunters, the company pays shareholders $1.88 per share annually in dividends, yielding 2.40%.
Consensus earnings for the current quarter by the 26 sell-side analysts covering the stock is an estimate of $1.13 per share, which 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’s full-year earnings.
The quarterly earnings estimate is predicated on a consensus revenue forecast of $116.79 Billion. If reported, that would be a 2.51% increase over the year-ago quarter.
In terms of ratings, UBS Initiated WMT at Buy (Apr 16, 2013). Previously, Stifel Nicolaus upgraded WMT from Hold to Buy.
Investors should keep in mind is that the average price target is $81.77, which is 3.70% 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) .