[AP] – Express Scripts Holding Co. has named Wal-Mart executive Cathy R. Smith to become its next chief financial officer, several months after the last CFO’s departure surprised some analysts who cover the nation’s …
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Wal-Mart Stores Inc. (WMT), with a current value of $251.16B, started trading this morning at $77.46.
A quick look at the market, the company’s traded between $77.38 to $77.63 with its 52-week range being $68.10 to $81.37.
WMT shares are currently priced at 14.99x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 40.54x earnings multiple.
And for those looking to make a return holding the stock, the company pays shareholders $1.88 per share annually in dividends, yielding 2.40%.
Consensus earnings for the current quarter by the 25 sell-side analysts covering the stock is an estimate of $1.66 per share, which would be $0.01 worse than the year-ago quarter and a $0.03 sequential decrease. Furthermore, our analysis shows the full-year EPS estimate to be $5.17, which would be a $0.15 better when compared to the last year’s annual results.
The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $131.38 Billion. If realized, that would be a 2.70% increase over the year-ago quarter.
Recently, UBS Initiated WMT at Buy (Apr 16, 2013). Previously, Stifel Nicolaus upgraded WMT from Hold to Buy.
The average price target for WMT shares is $83.77, which is 8.15% 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) .