Why Wal-Mart Stores, Inc. (NYSE:WMT) Is In News?


Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $70.160 on Wal-Mart Stores, Inc. (NYSE:WMT) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $4.270 for the next fiscal and $N/A for underway quarter.

Valuation Estimates

Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of Wal-Mart Stores, Inc. (NYSE:WMT) stands at 16.192.

Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For Wal-Mart Stores, Inc. Common St, the PEG ratio for coming 3-5 years is 7.120.

Technical Analysis

The technical analysis highlights that Wal-Mart Stores, Inc. Common St current is trading $-0.081 points away or -0.110% from its 50-day moving average of $73.335. Further it is trading $3.825 or +5.510% away its 200-day moving average of $69.429.

The 52-week high of Wal-Mart Stores, Inc. (NYSE:WMT) was $74.800 while lowest point recorded in 52-week was $56.300. It implies if stock price makes a movement of over $-1.546, it will record a new 52-week high. In the case of +30.114% drop, it will touch a new 52-week low.

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