Alert: New Earnings Report (5/16/24)-Walmart Inc (NYSE: WMT).

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Walmart Inc (NYSE: WMT) has reported E.P.S. of $0.63 for its first fiscal quarter (ending April 30) versus $0.62 for the same period a year ago. For the latest four quarters through April 30, E.P.S. were $2.34 compared to $4.17 a year ago.

Recent Price Action

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Walmart Inc (NYSE: WMT) stock enjoyed a very large increase of 7.0% on 5/16/24. The shares closed at $64.01. Moreover, this advance was accompanied by exceptionally high trading volume at 375% of normal. The stock has been strong relative to the market over the last nine months and has risen 6.2% during the last week.

Current PriceTarget Research Rating

WMT’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.

Walmart has a current Value Trend Rating of D (Negative). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Walmart has a poor Appreciation Score of 19 but a slightly positive Power Rating of 64, triggering the Negative Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

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