Walmart (NYSE:WMT) Given Daily News Impact Rating of 2.05
Media stories about Walmart (NYSE:WMT) have trended positive this week, InfoTrie Sentiment reports. InfoTrie identifies negative and positive news coverage by analyzing more than 6,000 news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Walmart earned a media sentiment score of 2.05 on their scale. InfoTrie also gave news coverage about the retailer an news buzz score of 10 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock’s share price in the near future.
Here are some of the media stories that may have impacted Walmart’s score:
- Is Walmart Open on Father’s Day 2020? Here’s What to Know About Their Holiday Hours – countryliving.com (countryliving.com)
- Walmart Worker/Poet Raps Upbeat Message 05/22/2020 – MediaPost Communications (mediapost.com)
- Employee at 8th Street Walmart tests positive for COVID-19 – KRDO (krdo.com)
- 1 Surprising Number From Walmart’s First-Quarter Results – Motley Fool (fool.com)
- Ross Stores Misses, Halts Dividned After TJX Bullish On Reopened Stores (finance.yahoo.com)
Shares of NYSE WMT opened at $124.99 on Friday. The company has a current ratio of 0.79, a quick ratio of 0.22 and a debt-to-equity ratio of 0.79. Walmart has a 12 month low of $100.60 and a 12 month high of $133.38. The stock has a 50 day moving average of $124.79 and a 200-day moving average of $118.95. The company has a market capitalization of $354.07 billion, a P/E ratio of 23.76, a P/E/G ratio of 5.19 and a beta of 0.30.
A number of research firms recently issued reports on WMT. Oppenheimer reiterated a “buy” rating and set a $145.00 price objective on shares of Walmart in a report on Tuesday. Citigroup reiterated a “buy” rating and set a $140.00 price objective (up from $137.00) on shares of Walmart in a report on Thursday, April 23rd. Credit Suisse Group increased their price objective on Walmart from $127.00 to $135.00 and gave the stock an “outperform” rating in a report on Wednesday. Cfra decreased their price objective on Walmart from $135.00 to $130.00 and set a “buy” rating for the company in a report on Tuesday, February 18th. Finally, Atlantic Securities began coverage on Walmart in a report on Thursday, March 26th. They set an “overweight” rating and a $130.00 price objective for the company. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and twenty-three have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $132.03.
In related news, EVP John R. Furner sold 50,000 shares of Walmart stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $116.50, for a total transaction of $5,825,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP M. Brett Biggs sold 16,205 shares of Walmart stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $114.39, for a total value of $1,853,689.95. Following the sale, the executive vice president now directly owns 264,445 shares of the company’s stock, valued at $30,249,863.55. The disclosure for this sale can be found here. Insiders have sold a total of 321,205 shares of company stock valued at $39,041,990 over the last quarter. 51.11% of the stock is currently owned by corporate insiders.
Walmart Inc engages in the retail and wholesale operations in various formats worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, discount stores, drugstores, and convenience stores; membership-only warehouse clubs; e-commerce Websites, such as walmart.com, jet.com, shoes.com, and samsclub.com; and mobile commerce applications.
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