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Walmart (WMT, $122.01) misses Q1 earnings expectations, despite revenue beat
Walmart posted its Q1 earnings that missed analysts’ expectations. While its growth is strong, inflation proved to be a headwind to bottom line.
The retail giant’s Q1 earnings came in at $1.30, below the Street expectations of $1.48.
Total revenue rose to $141.57 billion from $138.31 billion a year earlier, above analysts’ estimates of $138.94 billion. Net sales in the quarter rose +2.3% (+2.6% in constant currency) from the year-ago quarter to $140.29 billion.
The company mentioned that unexpectedly high fuel costs and higher amounts of inventory and have dampened its profit margins.
WMT's Indicator enters downward trend
The Aroon Indicator for WMT entered a downward trend on June 01, 2022. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 111 similar instances where the Aroon Indicator formed such a pattern. In 53 of the 111 cases the stock moved lower. This puts the odds of a downward move at 48%.
Current price $121.94 is below $123.17 the lowest support line found by A.I. Throughout the month of 05/26/22 - 06/29/22, the price experienced a -3% Downtrend, while the week of 06/22/22 - 06/29/22 shows a +1% Uptrend.
The Stochastic Indicator may be shifting from an upward trend to a downward trend. In 25 of 61 cases where WMT's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are 41%.
The 50-day Moving Average for WMT moved below the 200-day moving average on June 15, 2022. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where WMT declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 36%.
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where WMT's RSI Oscillator exited the oversold zone, 13 of 22 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 59%.
The Momentum Indicator moved above the 0 level on June 23, 2022. You may want to consider a long position or call options on WMT as a result. In 50 of 87 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 57%.
The Moving Average Convergence Divergence (MACD) for WMT just turned positive on June 03, 2022. Looking at past instances where WMT's MACD turned positive, the stock continued to rise in 30 of 47 cases over the following month. The odds of a continued upward trend are 64%.
Following a +0.45% 3-day Advance, the price is estimated to grow further. Considering data from situations where WMT advanced for three days, in 162 of 327 cases, the price rose further within the following month. The odds of a continued upward trend are 50%.
Tickeron has a positive outlook on this ticker and predicts a further increase by more than 4.00% within the next month with a likelihood of 68%. During the last month, the daily ratio of advancing to declining volumes was 1 to 1.26.
The Tickeron Price Growth Rating for this company is 56 (best 1 - 100 worst), indicating fairly steady price growth. WMT’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Seasonality Score of 50 (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron PE Growth Rating for this company is 35 (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Valuation Rating of 31 (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (4.346) is normal, around the industry mean (66.543). P/E Ratio (26.247) is within average values for comparable stocks, (24.473). WMT's Projected Growth (PEG Ratio) (3.179) is slightly higher than the industry average of (2.217). Dividend Yield (0.018) settles around the average of (0.024) among similar stocks. P/S Ratio (0.590) is also within normal values, averaging (1.112).
The Tickeron SMR rating for this company is 16 (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is 16 (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 59, placing this stock better than average.
Companies in the discount stores industry specialize in offering substantial discounts on a vast array of retail products. Some companies in this industry also operate general merchandise warehouse clubs. Products sold at discount stores are typically similar to those of any department store, but the pricing of the goods is generally much lower (and hence the name “discount”). Think Dollar General Corporation, Dollar Tree, Inc. and Five Below, Inc. Many discount stores target low-income households and/or price-sensitive consumers as their potential market. Discount stores’ profitability could hinge on factors like competitive pricing, sufficient locations, healthy revenue per square foot, and effective advertisement. These store operators could have an edge over other retailers during financial crises or recessions, when many consumers could be looking for less expensive alternatives.
The average market capitalization across the Discount Stores Industry is 48.6B. The market cap for tickers in the group ranges from 2.2M to 334.2B. WMT holds the highest valuation in this group at 334.2B. The lowest valued company is FRED at 2.2M.
- 5/20/22 5:28 AM: Walmart (WMT, $119.07) saw a $80.4B market cap decrease this week
The average weekly price growth across all stocks in the Discount Stores Industry was 1.06%. For the same Industry, the average monthly price growth was -2.28%, and the average quarterly price growth was -15.73%. WMMVF experienced the highest price growth at 5.91%, while DIDAF experienced the biggest fall at 0%.
- 5/27/22 5:34 AM: Walmart (WMT, $126) was a top weekly gainer, with a +5.82% jump
The average weekly volume growth across all stocks in the Discount Stores Industry was -12.4%. For the same stocks of the Industry, the average monthly volume growth was -52.07% and the average quarterly volume growth was 33.99%
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Stocks in the group have a Positive Outlook today, backed by the BollingerBands Indicator. Tickeron has a positive outlook on this group and predicts a further increase by more than 4.00% within the next month with a likelihood of 50%. During the last month, the daily ratio of advancing to declining volumes was 1 to 1.46.
11 stocks in the group of tickers confirmed the positive outlook based on the RSI indicator with average odds of 71%.
The most notable companies in this group are Walmart (NYSE:WMT), Costco Wholesale Corp (NASDAQ:COST), Target Corp (NYSE:TGT), Dollar General Corp (NYSE:DG), Dollar Tree (NASDAQ:DLTR), Big Lots (NYSE:BIG).
The average market capitalization across the group is 60.7B. The market cap for tickers in the group ranges from 30.4M to 334.2B. WMT holds the highest valuation in this group at 334.2B. The lowest valued company is TUEM at 30.4M.
- 5/20/22 5:28 AM: Walmart (WMT, $119.07) saw a $80.4B market cap decrease this week
- 5/19/22 8:24 AM: Target (TGT, $161.61), market cap dropped by $24.9B
The average weekly price growth across all stocks in the group was 2.49%. For the same group, the average monthly price growth was -5.74%, and the average quarterly price growth was -16.99%. DQJCY experienced the highest price growth at 4.88%, while PSMT experienced the biggest fall at 0.47%.
- 6/29/22 4:33 AM: BJs Wholesale Club Holdings (BJ, $63.62) was a top weekly gainer, with a +5.8% jump
- 6/28/22 5:38 AM: Dollar General (DG, $246.76) was a top weekly gainer, with a +6.92% jump
- 6/25/22 5:09 AM: Target (TGT, $150.42) was a top weekly gainer, with a +7.98% jump
The average weekly volume growth across all stocks in the group was -11.69%. For the same stocks of the group, the average monthly volume growth was 6.36% and the average quarterly volume growth was 68.26%
- 6/25/22 5:00 AM: The volume for PriceSmart stock increased for one day, resulting in a record-breaking daily growth of 320% of the 65-Day Volume Moving Average
- 5/19/22 8:17 AM: The volume for Tuesday Morning stock increased for two consecutive days, resulting in a record-breaking daily growth of 221% of the 65-Day Volume Moving Average
- 5/13/22 4:50 AM: The volume for Tuesday Morning stock increased for one day, resulting in a record-breaking daily growth of 346% of the 65-Day Volume Moving Average
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
The most notable companies in this group are Walmart (NYSE:WMT), Costco Wholesale Corp (NASDAQ:COST), Target Corp (NYSE:TGT), Dollar General Corp (NYSE:DG), Dollar Tree (NASDAQ:DLTR), Big Lots (NYSE:BIG).
Companies in the discount stores industry specialize in offering substantial discounts on a vast array of retail products. Some companies in this industry also operate general merchandise warehouse clubs. Products sold at discount stores are typically similar to those of any department store, but the pricing of the goods is generally much lower (and hence the name “discount”). Think Dollar General Corporation, Dollar Tree, Inc. and Five Below, Inc. Many discount stores target low-income households and/or price-sensitive consumers as their potential market. Discount stores’ profitability could hinge on factors like competitive pricing, sufficient locations, healthy revenue per square foot, and effective advertisement. These store operators could have an edge over other retailers during financial crises or recessions, when many consumers could be looking for less expensive alternatives.
The average market capitalization across the Discount Stores Industry is 48.6B. The market cap for tickers in the group ranges from 2.2M to 334.2B. WMT holds the highest valuation in this group at 334.2B. The lowest valued company is FRED at 2.2M.
- 5/20/22 5:28 AM: Walmart (WMT, $119.07) saw a $80.4B market cap decrease this week
- 5/19/22 8:24 AM: Target (TGT, $161.61), market cap dropped by $24.9B
The average weekly price growth across all stocks in the Discount Stores Industry was 1.42%. For the same Industry, the average monthly price growth was -1.95%, and the average quarterly price growth was -15.5%. WMMVF experienced the highest price growth at 5.91%, while DIDAF experienced the biggest fall at 0%.
- 6/29/22 4:33 AM: BJs Wholesale Club Holdings (BJ, $63.62) was a top weekly gainer, with a +5.8% jump
- 6/28/22 5:38 AM: Dollar General (DG, $246.76) was a top weekly gainer, with a +6.92% jump
- 6/25/22 5:09 AM: Target (TGT, $150.42) was a top weekly gainer, with a +7.98% jump
The average weekly volume growth across all stocks in the Discount Stores Industry was -12.4%. For the same stocks of the Industry, the average monthly volume growth was -52.07% and the average quarterly volume growth was 33.99%
- 6/25/22 5:00 AM: The volume for PriceSmart stock increased for one day, resulting in a record-breaking daily growth of 320% of the 65-Day Volume Moving Average
- 5/19/22 8:17 AM: The volume for Tuesday Morning stock increased for two consecutive days, resulting in a record-breaking daily growth of 221% of the 65-Day Volume Moving Average
- 5/13/22 4:50 AM: The volume for Tuesday Morning stock increased for one day, resulting in a record-breaking daily growth of 346% of the 65-Day Volume Moving Average
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
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