Wal-Mart Stores Inc. (NYSE:WMT) – Research analysts at Jefferies Group reduced their Q4 2017 earnings per share estimates for shares of Wal-Mart Stores in a report released on Thursday. Jefferies Group analyst D. Binder now anticipates that the firm will post earnings of $1.38 per share for the quarter, down from their previous forecast of $1.41. Jefferies Group currently has a “Buy” rating and a $86.00 target price on the stock.

WMT has been the subject of several other research reports. Deutsche Bank AG reissued a “hold” rating and issued a $77.00 price objective (up previously from $68.00) on shares of Wal-Mart Stores in a report on Tuesday, August 2nd. Royal Bank Of Canada decreased their price objective on Wal-Mart Stores from $76.00 to $75.00 and set an “underperform” rating for the company in a report on Friday, October 7th. Buckingham Research reissued a “neutral” rating on shares of Wal-Mart Stores in a report on Thursday, August 18th. BMO Capital Markets cut their price target on Wal-Mart Stores to $63.00 in a research note on Tuesday. Finally, Vetr lowered Wal-Mart Stores from a “buy” rating to a “hold” rating and set a $76.24 price target for the company. in a research note on Monday, August 8th. Three analysts have rated the stock with a sell rating, nineteen have given a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Wal-Mart Stores presently has an average rating of “Hold” and a consensus price target of $74.93.

Earnings History and Estimates for Wal-Mart Stores (NYSE:WMT)

Wal-Mart Stores (NYSE:WMT) traded up 0.10% during midday trading on Monday, hitting $67.46. The stock had a trading volume of 8,933,387 shares. The company has a market cap of $208.67 billion, a PE ratio of 14.52 and a beta of 0.20. The firm has a 50-day moving average of $71.48 and a 200-day moving average of $70.97. Wal-Mart Stores has a 12-month low of $56.30 and a 12-month high of $75.19.

Wal-Mart Stores (NYSE:WMT) last posted its quarterly earnings data on Thursday, August 18th. The retailer reported $1.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.02 by $0.05. The business earned $120.90 billion during the quarter, compared to analyst estimates of $119.33 billion. Wal-Mart Stores had a return on equity of 17.93% and a net margin of 3.04%. The company’s revenue for the quarter was up .5% on a year-over-year basis. During the same period last year, the company earned $1.08 EPS.

In other news, insider Steven P. Whaley sold 1,100 shares of the stock in a transaction dated Friday, August 26th. The shares were sold at an average price of $71.46, for a total transaction of $78,606.00. Following the completion of the sale, the insider now owns 29,464 shares in the company, valued at $2,105,497.44. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, major shareholder Alice L. Walton sold 3,142,846 shares of the stock in a transaction dated Wednesday, August 24th. The stock was sold at an average price of $72.41, for a total transaction of $227,573,478.86. Following the sale, the insider now owns 6,748,580 shares of the company’s stock, valued at approximately $488,664,677.80. The disclosure for this sale can be found here. Company insiders own 51.55% of the company’s stock.

Several large investors have recently made changes to their positions in the company. Vigilant Capital Management LLC increased its stake in shares of Wal-Mart Stores by 1,270.0% in the second quarter. Vigilant Capital Management LLC now owns 1,370 shares of the retailer’s stock valued at $100,000 after buying an additional 1,270 shares during the period. Livingston Group Asset Management CO operating as Southport Capital Management acquired a new stake in shares of Wal-Mart Stores during the second quarter valued at $100,000. Americafirst Capital Management LLC acquired a new stake in shares of Wal-Mart Stores during the second quarter valued at $106,000. Seven Eight Capital LLC acquired a new stake in shares of Wal-Mart Stores during the second quarter valued at $111,000. Finally, Piershale Financial Group Inc. increased its stake in shares of Wal-Mart Stores by 0.6% in the second quarter. Piershale Financial Group Inc. now owns 1,607 shares of the retailer’s stock valued at $117,000 after buying an additional 10 shares during the period. Institutional investors and hedge funds own 29.55% of the company’s stock.

About Wal-Mart Stores

Wal-Mart Stores, Inc is engaged in the operation of retail, wholesale and other units in various formats around the world. The Company offers an assortment of merchandise and services at everyday low prices (EDLP). The Company operates through three segments: Walmart U.S., Walmart International and Sam’s Club.

5 Day Chart for NYSE:WMT

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