Is Walmart stock a buy or sell? (2024)

Is Walmart stock a buy or sell?

Is WMT a Buy, Sell or Hold? Walmart has a conensus rating of Strong Buy which is based on 25 buy ratings, 3 hold ratings and 0 sell ratings.

Is Walmart stock expected to go up?

Walmart Stock Forecast

The 29 analysts with 12-month price forecasts for Walmart stock have an average target of 62.84, with a low estimate of 54.33 and a high estimate of 76. The average target predicts an increase of 4.44% from the current stock price of 60.17.

Where will Walmart stock be in 5 years?

Walmart stock price stood at $60.17

According to the latest long-term forecast, Walmart price will hit $85 by the end of 2024 and then $95 by the end of 2026. Walmart will rise to $100 within the year of 2027, $110 in 2028, $125 in 2029 and $150 in 2032.

What is the target price for Walmart in 12 months?

Based on analysts offering 12 month price targets for WMT in the last 3 months. The average price target is $66.05 with a high estimate of $75.9924 and a low estimate of $58.99.

What are the best stocks to invest in 2024?

Is it smart to buy Walmart stock?

From fiscal 2024 to fiscal 2026, analysts expect Walmart's revenue to rise at a CAGR of 4% as its EPS grows at a CAGR of 35%. Its stock still looks reasonably valued at 26 times forward earnings, its dividend offers a decent forward yield of 1.4%, and management has raised the payout annually for 51 consecutive years.

Is Walmart a high risk stock?

"The Risk Score is a relevant measure for the assessment of a stock attractiveness. Walmart Inc. shows a Risk Score of 9.00.

Who holds the most Walmart stock?

Who holds the most shares of Walmart?

The Walton family owns about 45% of Walmart's outstanding shares through the trust and their main investment vehicle, Walton Enterprises, data compiled by Bloomberg show. Alice, Jim and Rob Walton have a combined fortune of $274 billion, according to the Bloomberg Billionaires Index.

What is the prediction for Walmart stock?

Based on short-term price targets offered by 30 analysts, the average price target for Walmart comes to $64.97. The forecasts range from a low of $58.33 to a high of $70.00. The average price target represents an increase of 8.28% from the last closing price of $60.00.

Why is Walmart a good long term investment?

Walmart is a safe stock that has a long track record of raising its dividend, but investors should understand that that's what they're paying up for. For the right kind of investor, Walmart is a smart buy. It's a well-managed, dividend-paying recession-proof business.

Is Amazon more expensive than Walmart?

Overall, Walmart has historically had lower prices than Amazon. Still, if you're shopping for a big-ticket item, like a refrigerator or TV, it's best to do your own research on pricing between the retailers.

What is the Walmart stock price prediction for 2025?

Walmart stock prediction for 1 year from now: $ 46.59 (-22.43%) Walmart stock forecast for 2025: $ 64.94 (8.24%) Walmart stock prediction for 2030: $ 96.47 (60.78%)

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Is Walmart a safe stock to invest in?

Some investors could especially be concerned about Walmart's valuation with the company's near-term growth prospects. Walmart's 2024 guidance projects that revenue will increase by only 2.5% to 3% on a constant-currency basis. My view is that Walmart remains a good pick for long-term investors.

What are experts saying about Walmart stock?

Walmart is expected to post earnings of $0.52 per share for the current quarter, representing a year-over-year change of +6.1%. Over the last 30 days, the Zacks Consensus Estimate has changed +0.1%. The consensus earnings estimate of $2.36 for the current fiscal year indicates a year-over-year change of +6.3%.

Will Walmart stock split in 2024?

30, 2024 — Walmart Inc. (NYSE: WMT) announced that it will conduct a split of its outstanding shares of common stock at a ratio of 3:1. The stock split is part of Walmart's ongoing review of optimal trading and spread levels and its desire for its associates to feel that purchasing shares is easily within reach.

Is Walmart or Target a better stock?

Walmart handled 4% higher traffic this past quarter whereas Target's transactions dropped 2%. There's a good chance that Target will be ending its traffic slide over the next several quarters, yet Walmart is clearly the better choice for investors who prioritize growth and market-share gains.

Why do people invest in Walmart stock?

Investing in Walmart stock

Ultimately, Walmart looks like a solid stock to hold. Steady increases and rising dividend yields have brought significant returns, especially if one has held the stock for decades. However, its current dividend yield and total returns match the S&P 500.

Is Target a better stock than Walmart?

With a valuation less than half as rich as Walmart, and a more attractive dividend yield, investors should be willing to bear a little more risk for Target.

Does Warren Buffett own Walmart?

World's third richest person Warren Buffet's Berkshire Hathaway has sold its last Walmart shares, ending a relationship of over 20 years. The world's largest retailer was once among Berkshire's five biggest equity holdings as recently as 2014, valued at over $5 billion.

Who owns the other 50% of Walmart?

It is a publicly traded family-owned business, as the company is controlled by the Walton family. Sam Walton's heirs own over 50 percent of Walmart through both their holding company Walton Enterprises and their individual holdings.

How much of Walmart does China own?

However, when it comes to the ownership of Walmart stores in America, there is no evidence to suggest that China holds any ownership stake. Walmart, a multinational retail corporation, was founded by Sam Walton in 1962 and is still largely controlled by the Walton family.