Stock Rating Downgrade
Of late the Value Trend Rating for Walmart Inc (NYSE: WMT) weakened from C to D reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
Walmart Inc (NYSE: WMT) stock closed at $59.78 on 4/8/24 after a slight decline of -0.1%. However, this decline was accompanied by unusually low trading volume at 54% of normal. Relative to the market the stock has been strong over the last nine months but has declined -0.6% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, WMT is expected to continue to be a major Value Builder.
Walmart has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Walmart has a poor Appreciation Score of 19 but a slightly positive Power Rating of 68, triggering the Negative Value Trend Rating.
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