Is Walmart stock a buy or sell? (2024)

Is Walmart stock a buy or sell?

Walmart's analyst rating consensus is a Strong Buy. This is based on the ratings of 28 Wall Streets Analysts.

Is Walmart a good stock to buy now?

Walmart has 8.32% upside potential, based on the analysts' average price target. 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.

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 8.92% from the last closing price of $59.65.

Is Walmart a hold or sell?

Is Walmart stock a Buy, Sell or Hold? Walmart stock has received a consensus rating of buy. The average rating score is Aa2 and is based on 94 buy ratings, 5 hold ratings, and 0 sell ratings. What was the 52-week low for Walmart stock?

Where will Walmart stock be in 5 years?

Walmart stock price stood at $59.26

According to the latest long-term forecast, Walmart price will hit $100 by the end of 2024 and then $110 by the middle of 2026. Walmart will rise to $125 within the year of 2027, $150 in 2029 and $200 in 2034.

Is Walmart a safe stock to invest in?

Walmart is also indisputably one of the best dividend stocks for dependable dividend growth. This member of the S&P 500 Dividend Aristocrats has increased its payout annually for 50 years and counting. For those reasons and more, Walmart ranks as one of analysts' top-ranked Dow Jones stocks.

Is Walmart or target a better stock?

Typically investors will look for a current ratio of at least 1 or higher, but because retailers have so much money tied up in inventory, their current ratios tend to be lower. Walmart has a current ratio of 0.83, while Target comes in at 0.86, putting both companies on roughly equal footing.

Is Walmart a good long-term stock?

This part of its business produced fiscal 2024 revenue of $114.6 billion, up over 13% from 2023. A long history of dividends adds the icing on the cake, providing a source of passive income. These various factors combine to make Walmart a worthy long-term investment.

Who owns the most Walmart stock?

Jim Walton owns the most shares of Walmart (WMT). The ownership structure can impact the company's decision making, as large institutional investors may exert influence on the company's management and can also affect the company's stock price with their buying and selling patterns.

Is Walmart a long-term investment?

Stability and Brand Name

Walmart remains a stable company that should be viewed as a long-term blue-chip investment.

Does Warren Buffett hold 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.

What will Walmart stock be in 10 years?

In 2030, the Walmart stock will reach $ 95.17 if it maintains its current 10-year average growth rate. If this Walmart stock prediction for 2030 materializes, WMT stock will grow 60.78% from its current price.

Is Walmart stock Undervalued?

Over the past twelve months the share price is up 13.04%. Based on the DCF valuation, the stock is undervalued. The DCF value of $174.70 per share is higher than the current market price of $163.24. The Margin of Safety is 6.56%.

How much was $1000 in Walmart stock 1970?

Investing $1,000 In Walmart IPO: Walmart offered shares for $16.50 on Oct. 1, 1970 for its IPO. A $1,000 investment could have purchased 60.61 shares of Walmart stock.

How much is Walmart worth 2024?

Walmart has a market cap or net worth of $477.33 billion as of April 19, 2024. Its market cap has increased by 17.99% in one year.

How high can Walmart stock go?

Stock Price Forecast

The 29 analysts with 12-month price forecasts for Walmart stock have an average target of 62.77, with a low estimate of 54.33 and a high estimate of 76. The average target predicts an increase of 6.16% from the current stock price of 59.13.

How much is $1000 invested in Walmart in 1980?

An investment of $1,000 at the start of 1980 would be worth over $1.9 million today. Watch Walmart stock trade in real time here.

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.

What are experts saying about Walmart stock?

Expert reviews on Walmart Inc. stock are mixed, with some expressing concerns about the valuation being too high, while others praise its strong business performance and potential for growth. The company's online presence, retail advantage, and ability to collect massive data using AI are highlighted as key strengths.

Is Walmart or Costco a better stock?

While Costco appears to have the best growth prospects, that isn't enough to make it the best investment. Walmart trades at a lower valuation, and its higher dividend yield means you will receive more in dividend payments than you would on the same amount of money invested in Costco. That makes Walmart the winner.

Why is it a good idea to invest in Walmart?

WMT boasts an average earnings surprise of 11.6%. Additionally, Walmart's earnings are expected to grow 2.5% for the current fiscal year. It can be very profitable to buy stocks with rising earnings estimates, as stock prices respond to revisions.

Why is Walmart stock a good buy?

WMT has a Growth Style Score of A, forecasting year-over-year earnings growth of 6.3% for the current fiscal year. Eight analysts revised their earnings estimate higher in the last 60 days for fiscal 2025, while the Zacks Consensus Estimate has increased $0.03 to $2.36 per share.

What's the best stock to buy and hold forever?

Is Walmart a good stock to buy 2024?

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.

Why is Walmart stock so cheap?

Walmart's value hasn't crashed. The reduced share price is the result of a previously announced stock split. Back in January, Walmart announced it would split its stock at a 3-to-1 ratio on February 26, 2024, which is today.