Wal-Mart Stores (NYSE:WMT) is scheduled to issue its quarterly earnings data before the market opens on Tuesday, February 20th. Analysts expect the company to announce earnings of $1.35 per share for the quarter.
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 analysts’ consensus estimates of $0.97 by $0.03. Wal-Mart Stores had a net margin of 2.31% and a return on equity of 16.92%. The business had revenue of $122.14 billion during the quarter, compared to analyst estimates of $120.23 billion. During the same period in the previous year, the business earned $0.98 EPS. Wal-Mart Stores’s revenue was up 4.2% compared to the same quarter last year. On average, analysts expect Wal-Mart Stores to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.
Wal-Mart Stores (NYSE:WMT) opened at $104.78 on Friday. Wal-Mart Stores has a one year low of $68.69 and a one year high of $109.98. The firm has a market cap of $310,400.00, a P/E ratio of 27.87, a P/E/G ratio of 3.68 and a beta of 0.42. The company has a quick ratio of 0.19, a current ratio of 0.81 and a debt-to-equity ratio of 0.52.
In other news, insider Jacqueline P. Canney sold 2,065 shares of the stock in a transaction on Monday, December 11th. The shares were sold at an average price of $96.99, for a total value of $200,284.35. Following the completion of the sale, the insider now directly owns 19,060 shares of the company’s stock, valued at $1,848,629.40. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director S Robson Walton sold 826,617 shares of the stock in a transaction on Wednesday, November 22nd. The stock was sold at an average price of $96.39, for a total transaction of $79,677,612.63. Following the completion of the sale, the director now directly owns 3,345,065 shares of the company’s stock, valued at $322,430,815.35. The disclosure for this sale can be found here. Over the last three months, insiders sold 9,464,232 shares of company stock valued at $918,288,525. Corporate insiders own 51.39% of the company’s stock.
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Fred Alger Management Inc. grew its stake in Wal-Mart Stores by 4,619.7% during the second quarter. Fred Alger Management Inc. now owns 1,128,064 shares of the retailer’s stock valued at $85,372,000 after acquiring an additional 1,104,163 shares in the last quarter. Janus Henderson Group PLC grew its stake in Wal-Mart Stores by 294.7% during the second quarter. Janus Henderson Group PLC now owns 830,566 shares of the retailer’s stock valued at $62,856,000 after acquiring an additional 620,113 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in Wal-Mart Stores by 4.1% during the second quarter. Dimensional Fund Advisors LP now owns 14,579,702 shares of the retailer’s stock valued at $1,103,426,000 after acquiring an additional 580,373 shares in the last quarter. GLG Partners LP purchased a new position in Wal-Mart Stores during the second quarter valued at $12,759,000. Finally, Epoch Investment Partners Inc. grew its stake in Wal-Mart Stores by 63.6% during the second quarter. Epoch Investment Partners Inc. now owns 384,728 shares of the retailer’s stock valued at $29,117,000 after acquiring an additional 149,608 shares in the last quarter. 30.45% of the stock is owned by hedge funds and other institutional investors.
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Wal-Mart Stores Company Profile
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.
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