What Do Analysts Suggest for Walmart?
Of the 33 analysts, ~50.0% of them recommended a “hold” on Walmart stock, 42.0% recommended a “buy,” and 3.0% recommended a “sell.”
Walmart managed to improve its EPS (earnings per share) in the first three quarters of the current fiscal year despite its sluggish margins.
Analysts expect Walmart’s (WMT) margins to remain subdued due to the company’s continued investments in growth initiatives.
Management expects its e-commerce sales to grow at a brisk pace in coming years due to its customer-friendly initiatives and innovative offerings.
Walmart (WMT) impressed investors with its sales performance in the first nine months of the current fiscal year. It beat analysts’ sales estimates.
Walmart is changing fast. It isn’t just a store operator anymore. It’s a key e-commerce player in the US and the world’s largest retailer (XRT).
JPMorgan Chase increased the target price on Costco stock to $200 per share from $190. Meanwhile, Stifel raised its target price to $185 from $179.
Costco stock was trading at a forward PE multiple of 29.2x as of December 5, 2017, which is significantly higher than the peer group average of 16.2x.
Costco’s operating margin is expected to remain soft or improve slightly due to higher sales and lower SG&A expenses.
Costco continues to stun investors with its industry-leading sales growth. Analysts expect its fiscal 1Q18 total sales to rise 11.7% YoY to $31.4 billion.
Wall Street expects Costco’s fiscal 1Q18 earnings to be $1.33 per share—up 13.7% on a YoY (year-over-year) basis.
Costco (COST) will announce its fiscal 1Q18 results on December 14 after the market closes. Analysts expect it to report strong top and bottom-line growth.
The majority of analysts covering Walmart (WMT) have given a “neutral” recommendation on the stock.
On Monday, analyst Matthew Fassler with Goldman Sachs downgraded Walmart (WMT) stock to “neutral” from “buy” with a target price of $100.
Walmart (WMT) reported strong fiscal 3Q18 results, and several analysts raised their target prices on the stock. Jefferies increased its target price to $110 from $105.
Walmart’s (WMT) profit margins continue to slide despite the company’s improving sales led by higher traffic and average ticket size.
Walmart’s (WMT) Sam’s Club once again posted healthy top-line growth, driven by the company’s multichannel offerings and focus on e-commerce.
Walmart’s (WMT) International segment returned to growth due to improvement in comps (comparables) in ten of the 11 markets.
Walmart (WMT) continued to impress with its e-commerce sales in fiscal 3Q18. During the quarter, its digital sales in the United States (SPY) rose 50%.
Walmart’s (WMT) US segment continued to shine in fiscal 3Q18, with its top line rising 4.3% YoY (year-over-year) to $77.7 billion.