Barclays PLC reiterated their buy rating on shares of Wal-Mart Stores, Inc. (NYSE:WMT) in a research note published on Tuesday morning. The firm currently has a $110.00 target price on the retailer’s stock.

Other analysts also recently issued reports about the stock. Vetr downgraded shares of Wal-Mart Stores from a hold rating to a sell rating and set a $91.97 target price for the company. in a research report on Friday, November 17th. Telsey Advisory Group decreased their target price on shares of Wal-Mart Stores from $108.00 to $96.00 and set an outperform rating for the company in a research report on Friday, November 17th. Royal Bank Of Canada boosted their target price on shares of Wal-Mart Stores from $83.00 to $92.00 and gave the stock an underperform rating in a research report on Friday, November 17th. Morgan Stanley boosted their target price on shares of Wal-Mart Stores from $90.00 to $92.00 and gave the stock an equal weight rating in a research report on Friday, November 17th. Finally, BMO Capital Markets boosted their target price on shares of Wal-Mart Stores from $91.00 to $99.00 and gave the stock a market perform rating in a research report on Friday, November 17th. They noted that the move was a valuation call. Three analysts have rated the stock with a sell rating, eighteen have given a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the stock. The stock currently has a consensus rating of Hold and a consensus target price of $92.38.

Wal-Mart Stores (NYSE WMT) opened at $96.52 on Tuesday. The firm has a market cap of $291,192.47, a P/E ratio of 22.26, a price-to-earnings-growth ratio of 3.60 and a beta of 0.34. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.81 and a quick ratio of 0.19. Wal-Mart Stores has a 12 month low of $65.28 and a 12 month high of $100.13.

Wal-Mart Stores (NYSE:WMT) last released its quarterly earnings data on Thursday, November 16th. The retailer reported $1.00 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.97 by $0.03. The firm had revenue of $122.14 billion for the quarter, compared to analyst estimates of $120.23 billion. Wal-Mart Stores had a net margin of 2.31% and a return on equity of 16.92%. The company’s revenue for the quarter was up 4.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.98 EPS. equities research analysts expect that Wal-Mart Stores will post 4.43 earnings per share for the current year.

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Wal-Mart Stores announced that its Board of Directors has initiated a share repurchase program on Tuesday, October 10th that permits the company to buyback $20.00 billion in shares. This buyback authorization permits the retailer to buy shares of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s leadership believes its stock is undervalued.

In other Wal-Mart Stores news, Director S Robson Walton sold 129,628 shares of the stock in a transaction dated Thursday, August 24th. The shares were sold at an average price of $80.44, for a total transaction of $10,427,276.32. Following the sale, the director now owns 3,344,956 shares of the company’s stock, valued at approximately $269,068,260.64. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP John R. Furner sold 1,200 shares of the stock in a transaction dated Friday, November 17th. The stock was sold at an average price of $99.29, for a total transaction of $119,148.00. Following the sale, the executive vice president now directly owns 48,757 shares in the company, valued at approximately $4,841,082.53. The disclosure for this sale can be found here. Insiders have sold a total of 12,762,022 shares of company stock valued at $1,081,386,185 in the last quarter. 51.39% of the stock is currently owned by corporate insiders.

A number of large investors have recently modified their holdings of the business. Optimum Investment Advisors grew its holdings in Wal-Mart Stores by 11.5% during the 3rd quarter. Optimum Investment Advisors now owns 19,746 shares of the retailer’s stock worth $1,543,000 after acquiring an additional 2,032 shares during the last quarter. Public Employees Retirement System of Ohio grew its holdings in Wal-Mart Stores by 0.3% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 1,046,818 shares of the retailer’s stock worth $81,798,000 after acquiring an additional 3,633 shares during the last quarter. Truepoint Inc. grew its holdings in Wal-Mart Stores by 6,861.5% during the 3rd quarter. Truepoint Inc. now owns 280,757 shares of the retailer’s stock worth $281,000 after acquiring an additional 276,724 shares during the last quarter. Smith Shellnut Wilson LLC ADV grew its holdings in Wal-Mart Stores by 28.1% during the 3rd quarter. Smith Shellnut Wilson LLC ADV now owns 7,728 shares of the retailer’s stock worth $604,000 after acquiring an additional 1,696 shares during the last quarter. Finally, Archford Capital Strategies LLC grew its holdings in Wal-Mart Stores by 9.1% during the 3rd quarter. Archford Capital Strategies LLC now owns 52,594 shares of the retailer’s stock worth $4,110,000 after acquiring an additional 4,394 shares during the last quarter. 30.22% of the stock is currently owned by hedge funds and other institutional investors.

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 operates through three segments: Walmart U.S., Walmart International and Sam’s Club. The Walmart U.S. segment includes its mass merchant concept in the United States operating under the Walmart or Wal-Mart brands, as well as digital retail.

Analyst Recommendations for Wal-Mart Stores (NYSE:WMT)

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