Analysts’ Recommendations for Walmart Stock after Fiscal 2Q18
Of the 33 analysts covering Walmart stock, 48% maintained a “hold,” 42% recommended a “buy,” and 9% rated it a “sell.”
In fiscal 2Q18, Walmart’s gross margin, based on net sales, contracted 11 basis points to 25%.
Sam’s Club saw sales of $13.7 billion (excluding fuel), up 2.1% year-over-year.
During fiscal 2Q18, Walmart’s International segment’s sales fell 1%. Improved comps performance in most of the markets were more than offset by adverse currency movements.
During fiscal 2Q18, the Walmart U.S. segment saw its sales rise 3.3% year-over-year to $78.7 billion.
Walmart’s (WMT) fiscal 2Q18 sales of $123.4 billion exceeded analyst estimates and improved 2.1% year-over-year.
Walmart (WMT) reported its fiscal 2Q18 results on August 17. Walmart’s adjusted earnings per share of $1.08 beat Wall Street’s estimate and increased 1% year-over-year.
Target’s (TGT) fiscal 2Q17 margins fell, despite its healthy growth in sales.
A majority of analysts have maintained a neutral stance on Target (TGT) stock.
Target’s (TGT) strong e-commerce sales were one of the key drivers of its turnaround story in fiscal 2Q17.
Target’s adjusted earnings per share of $1.23 surpassed the analysts’ estimate of $1.19, thanks to improved store traffic and strong digital sales.
Target’s sales of $16.4 billion beat the Wall Street expectation and rose 1.6% YoY (year-over-year), thanks to improved store traffic and stellar digital sales.
Target (TGT) reported strong fiscal 2Q17 results that surpassed analysts’ sales and earnings per share estimates.
Target (TGT) stock gained 1.4% before closing at $55.79 on Monday, August 14, following its announcement of the Grand Junction acquisition.
Target’s (TGT) acquisition of transportation tech startup Grand Junction could help it augment its delivery capabilities and boost its digital business.
As of August 10, 2107, Wal-Mart Stores (WMT) stock was trading at a 12-month forward PE (price-to-earnings) of 18.2x.
The majority of analysts providing recommendations for Wal-Mart Stores (WMT) stock have maintained a neutral stance.
Wal-Mart Stores’ (WMT) US segment, which accounts for the majority of its sales and profits, is seeing improved sales trends.
Wall Street analysts expect Wal-Mart Stores (WMT) to post sales of $122.9 billion in fiscal 2Q18, which would be 1.7% higher than in fiscal 2Q17.
Wall Street analysts expect Walmart’s (WMT) fiscal 2Q18 adjusted earnings per share to remain flat at $1.07 on a year-over-year basis.