As of May 19, 2023, Walmart has been identified as experiencing unusual options activity, suggesting that a big-money investor has taken a bullish position on the company. This development has sparked speculation that the investor may be privy to some insider information about the company’s future prospects. The options activity was detected by Barchart.com and Benzinga’s options scanner. Interestingly, the sentiment among these high rollers is evenly split between bullish and bearish, with 4 puts and 6 calls being traded. Notable options include a bearish call trade due to expire on June 9, 2023, with a strike price of $150.00, valued at $170,000, and a bullish call trade set to expire on June 23, 2023, with a strike price of $149.00, worth $111,000. Additionally, Nasdaq.com reported that a massive block of call contracts worth $251.12K was sold on April 28, 2023, with a strike price of $150.00/share, expiring in 21 days. As of April 24, 2023, the average one-year price target for Walmart stands at $167.27. However, it is crucial to note that unusual options activity does not always indicate insider trading or that anything significant will happen with the company.
Walmart Stock Performance and Earnings Growth Forecast for the Next Five Years
On May 19, 2023, Walmart (WMT) opened at 151.44, slightly lower than the previous day’s closing price of 151.47. Throughout the day, the stock fluctuated within a range of 149.13 to 151.46. Walmart’s market capitalization was reported at $412.9 billion.
Walmart’s earnings growth in the last year was -12.44%, while this year’s earnings growth was -2.47%. However, analysts predict that the company’s earnings growth will increase by 6.00% over the next five years. In terms of revenue growth, Walmart experienced a 6.73% increase in the last year. The price-to-earnings (P/E) ratio for Walmart was 35.1, while the price-to-sales ratio was 0.64, and the price-to-book ratio was 5.37.
On May 19, 2023, Walmart’s stock performance was relatively stable, with no significant changes in the stock’s value. Walmart’s next reporting date was scheduled for August 17, 2023, with an earnings per share (EPS) forecast of $1.69. The company operates in the retail trade sector, specifically in the specialty stores industry. No executives were listed in the CNN Money data, and the corporate headquarters are located in Bentonville, Arkansas.
Overall, Walmart’s stock performance on May 19, 2023, was relatively stable, with no significant changes in the stock’s value. However, analysts predict that the company’s earnings growth will increase over the next five years, which could potentially impact the stock’s value in the future.
Walmart Inc. (WMT) Stock Market Performance Update: Analysts Predict 12.19% Increase in Next 12 Months
As of May 19, 2023, Walmart Inc. (WMT) has been performing well in the stock market. According to CNN Money, the 35 analysts who have offered 12-month price forecasts for WMT have a median target of 168.00, with a high estimate of 180.00 and a low estimate of 145.00. The median estimate represents a +12.19% increase from the last price of 149.75.