Walmart FY2027 EPS Estimate Decreased by Erste Group Bank

Walmart Inc. (NASDAQ:WMT) – Stock analysts at Erste Group Bank lowered their FY2027 earnings per share (EPS) estimates for Walmart in a research note issued to investors on Wednesday, August 5th. Erste Group Bank analyst S. Lingnau now anticipates that the retailer will post earnings per share of $2.89 for the year, down from their previous estimate of $2.90. Erste Group Bank currently has a “Hold” rating on the stock. The consensus estimate for Walmart’s current full-year earnings is $2.89 per share.

Walmart (NASDAQ:WMT) last announced its quarterly earnings data on Thursday, May 21st. The retailer reported $0.66 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.66. The company had revenue of $177.75 billion for the quarter, compared to analyst estimates of $174.84 billion. Walmart had a return on equity of 21.25% and a net margin of 3.13%.The firm’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.61 EPS. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS.

Several other research analysts have also weighed in on WMT. Piper Sandler reissued an “overweight” rating on shares of Walmart in a report on Monday, June 8th. Oppenheimer cut shares of Walmart from an “outperform” rating to a “market perform” rating in a report on Tuesday, August 4th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Walmart in a research report on Friday, May 22nd. UBS Group reissued a “buy” rating on shares of Walmart in a report on Tuesday, August 4th. Finally, Wolfe Research reissued an “outperform” rating and issued a $137.00 price target (up from $135.00) on shares of Walmart in a report on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $138.56.

Walmart Price Performance

WMT stock opened at $112.66 on Tuesday. The firm has a market cap of $896.56 billion, a P/E ratio of 39.53, a price-to-earnings-growth ratio of 4.17 and a beta of 0.61. Walmart has a 1 year low of $95.42 and a 1 year high of $135.15. The stock has a 50-day simple moving average of $114.46 and a 200-day simple moving average of $121.63. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.23 and a current ratio of 0.77.

Institutional Investors Weigh In On Walmart

Institutional investors have recently made changes to their positions in the stock. Entrust Financial LLC acquired a new stake in Walmart in the fourth quarter valued at $27,000. Merkkuri Wealth Advisors LLC acquired a new stake in shares of Walmart in the first quarter valued at approximately $29,000. Bay Harbor Wealth Management LLC boosted its position in Walmart by 57.4% during the 4th quarter. Bay Harbor Wealth Management LLC now owns 288 shares of the retailer’s stock worth $32,000 after acquiring an additional 105 shares during the period. Sankala Group LLC acquired a new stake in Walmart in the fourth quarter worth about $33,000. Finally, Motiv8 Investments LLC bought a new position in shares of Walmart in the fourth quarter valued at approximately $34,000. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other Walmart news, EVP David W. Guggina sold 11,978 shares of the business’s stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $119.82, for a total value of $1,435,203.96. Following the completion of the transaction, the executive vice president directly owned 125,067 shares in the company, valued at approximately $14,985,527.94. The trade was a 8.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO John R. Furner sold 13,125 shares of the business’s stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $124.08, for a total value of $1,628,550.00. Following the completion of the sale, the chief executive officer owned 661,037 shares of the company’s stock, valued at $82,021,470.96. This trade represents a 1.95% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 71,439 shares of company stock valued at $8,544,532 over the last three months. Corporate insiders own 0.09% of the company’s stock.

About Walmart

Walmart is a multinational retail corporation that operates a broad portfolio of store formats and digital services. Its core business includes large-format supercenters, discount department stores, neighborhood grocery stores and a membership warehouse chain, Sam’s Club. The company’s merchandising mix covers groceries, household goods, apparel, electronics and pharmacy services, supplemented by private-label products and category-specific offerings. Walmart pairs its physical store network with online platforms and mobile applications to provide omnichannel shopping, fulfillment and delivery options for consumers and businesses.

The company was founded by Sam Walton, who opened the first store in Rogers, Arkansas in 1962; it is headquartered in Bentonville, Arkansas.