Morning Runner: Wal-Mart Stores Inc. (WMT)


Market capitalization is calculated by multiplying a company's shares outstanding by the current market price of one share. Sigma Planning Corp raised its stake in shares of Wal-Mart Stores by 7.4% in the third quarter. Finally, Bank of Montreal Can increased its position in shares of Wal-Mart Stores by 4.3% in the third quarter. During the same quarter in the prior year, the company earned $1.49 earnings per share.

The company's expected revenue in the current quarter to be 117.77 Billion, seeing a projected current quarter growth of -2%, and per annum growth estimates over the next 5 year period of around 5.03%.

Shares of Target fell by as much as 1.45% to $54.55 during regular trading hours on Thursday. Duff & Phelps Investment Management Co.'s holdings in Wal-Mart Stores were worth $1,309,000 as of its most recent filing with the SEC. Nelson Roberts Investment Advisors LLC now owns 1,643 shares of the retailer's stock worth $118,000 after buying an additional 351 shares during the last quarter.

The first quarter earnings reporting period ticks into the final stages this week with reports from big box retailers Target and Wal-Mart Stores. The company had a trading volume of 4,830,645 shares.

The 52 week high of shares in Wal-Mart Stores Inc is 77.05 while the 52 week low for the company's shares is 62.72.

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Now we look at the Moving Averages, the 200-day is 8.46, the 50-day is 4.99 and the 20-day is 1.2.

Wal-Mart Stores (NYSE:WMT) last announced its quarterly earnings results on Tuesday, February 21st. The firm had revenue of $129.75 billion for the quarter, compared to analysts' expectations of $130.22 billion. The Return on Equity (ROE) and Return on Investment values are 17.8 percent and 13.4 percent respectively. The firm's revenue for the quarter was up.8% compared to the same quarter previous year. He's concerned about Wal-Mart having become a "more formidable" competitor and sees a big threat from Amazon, a view supported by a proprietary survey conducted by Cowen analysts.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 2nd. Stockholders of record on Friday, December 8th will be given a dividend of $0.51 per share. The stock has "Buy" rating by Argus Research on Wednesday, December 16. It has a dividend yield of 2.69%. WALTON ALICE L also sold $211.50M worth of Wal-Mart Stores Inc (NYSE:WMT) shares.

ILLEGAL ACTIVITY WARNING: "Duff & Phelps Investment Management Co". Stifel Nicolaus assumed coverage on Wal-Mart Stores in a report on Thursday, January 19th. If you are viewing this news story on another publication, it was stolen and republished in violation of United States and worldwide trademark and copyright legislation.

Receive News & Ratings for Wal-Mart Stores Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wal-Mart Stores Inc and related companies with's FREE daily email newsletter. Susquehanna Bancshares Inc assumed coverage on Wal-Mart Stores in a report on Friday, February 10th. Analyst's mean target price for TRQ is $4.00 while analysts mean recommendation is 3.00. Pacific Crest lowered Wal-Mart Stores to a "hold" rating in a research note on Sunday, April 30th. Finally, Goldman Sachs Group Inc reiterated a "neutral" rating and issued a $74.00 price objective on shares of Wal-Mart Stores in a research report on Monday. Out of 5 Wall Street analysts rating Capital Bank, 3 give it "Buy", 0 "Sell" rating, while 2 recommend "Hold". The company now has a consensus rating of "Hold" and an average price target of $76.73. During the same period a year ago, the business posted $1.49 EPS. The recommendation scale measures the value from 1 to 5, where 1 means "Strong Buy" and 5 stands for "Sell". RBC Capital Markets initiated the stock with "Underperform" rating in Tuesday, May 3 report. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, major shareholder Jim C. Walton sold 3,000,000 shares of the business's stock in a transaction on Thursday, March 16th. The shares were sold at an average price of $71.79, for a total transaction of $314,105,443.23. Following the sale, the insider now owns 6,748,580 shares in the company, valued at $476,044,833.20. The disclosure for this sale can be found here. In the last ninety days, insiders sold 15,585,041 shares of company stock valued at $1,110,035,611.

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