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Walmart (WMT, $137.54) beat Q4 earnings expectations
Walmart posted its fourth-quarter earnings and sales that surpassed expectations. The retail behemoth also boosted its dividend.
The company’s earnings for the quarter came in at $1.53, beating the FactSet consensus of $1.50.
Revenue of $152.87 billion was up from $152.08 billion, and above the FactSet consensus for $151.72 billion. E-commerce sales rose +1% year-over-year.
Walmart International sales fell -22.6% to $27 billion, impacted by $10.1 billion due to divestitures.
The company’s U.S. comp sales, excluding fuel, rose +5.6% with transactions having increased +3.1% and average ticket up +2.4%. The FactSet consensus forecast for a U.S. comp sales increase of 6%.
Walmart’s projection for the full-year 2023 U.S. comp sales growth is slightly above +3%, excluding fuel, and EPS growth in the mid-single digits. The FactSet consensus expectation for U.S. comp growth is 2.7% and EPS is $6.70, implying about about 4% growth.
Walmart also hiked its annual dividend about 2% to $2.24 per share for fiscal 2023. The first installment of 56 cents per share will be paid on April 4 to shareholders of record as of March 18.
WMT in downward trend: price dove below 50-day moving average on May 11, 2022
WMT moved below its 50-day Moving Average on May 11, 2022 date and that indicates a change from an upward trend to a downward trend. In 24 of 45 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are 53%.
Current price $126.00 is below $134.03 the lowest support line found by A.I. Throughout the month of 04/26/22 - 05/26/22, the price experienced a -19% Downtrend, while the week of 05/19/22 - 05/26/22 shows a +6% Uptrend.
The Momentum Indicator moved below the 0 level on April 28, 2022. You may want to consider selling the stock, shorting the stock, or exploring put options on WMT as a result. In 33 of 88 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 38%.
The Moving Average Convergence Divergence Histogram (MACD) for WMT turned negative on April 25, 2022. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 47 similar instances when the indicator turned negative. In 18 of the 47 cases the stock turned lower in the days that followed. This puts the odds of success at 38%.
The 10-day Moving Average for WMT crossed bearishly below the 50-day moving average on May 17, 2022. This indicates that the trend has shifted lower and could be considered a sell signal. In 4 of 12 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 33%.
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 34%.
The Aroon Indicator for WMT entered a downward trend on May 26, 2022. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where WMT's RSI Oscillator exited the oversold zone, 15 of 23 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 65%.
The Stochastic Indicator shows that the ticker has stayed in the oversold zone for 14 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a +4.14% 3-day Advance, the price is estimated to grow further. Considering data from situations where WMT advanced for three days, in 162 of 330 cases, the price rose further within the following month. The odds of a continued upward trend are 49%.
WMT may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Tickeron has a negative outlook on this ticker and predicts a further decline 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 1.9.
The Tickeron Price Growth Rating for this company is 62 (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 PE Growth Rating for this company is 38 (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 30 (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 (4.511) is normal, around the industry mean (66.580). P/E Ratio (27.174) is within average values for comparable stocks, (23.448). WMT's Projected Growth (PEG Ratio) (3.275) is slightly higher than the industry average of (2.182). Dividend Yield (0.018) settles around the average of (0.021) among similar stocks. P/S Ratio (0.610) is also within normal values, averaging (1.102).
The Tickeron Profit vs. Risk Rating rating for this company is 15 (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 57, placing this stock better than average.
The Tickeron SMR rating for this company is 12 (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.
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 47.7B. The market cap for tickers in the group ranges from 2.2M to 339.6B. WMT holds the highest valuation in this group at 339.6B. 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 -0.24%. For the same Industry, the average monthly price growth was -15.02%, and the average quarterly price growth was -19.24%. OLLI experienced the highest price growth at 5.09%, while WMMVY experienced the biggest fall at -5.2%.
- 3/16/22 5:12 AM: Walmart (WMT, $145.78) was a top weekly gainer, with a +5.07% jump
The average weekly volume growth across all stocks in the Discount Stores Industry was -73.59%. For the same stocks of the Industry, the average monthly volume growth was 65.29% and the average quarterly volume growth was 79.71%
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Stocks in the group have a Negative Outlook today, backed by the MACD Indicator. Tickeron has a negative outlook on this group and predicts a further decline by more than 4.00% within the next month with a likelihood of 46%. During the last month, the daily ratio of advancing to declining volumes was 1 to 1.76.
14 stocks in the group of tickers confirmed the negative outlook based on the Aroon indicator with average odds of 60%.
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 54.5B. The market cap for tickers in the group ranges from 45.4M to 346.9B. WMT holds the highest valuation in this group at 346.9B. The lowest valued company is TUEM at 45.4M.
- 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 3.81%. For the same group, the average monthly price growth was -11.22%, and the average quarterly price growth was -17.53%. DLTR experienced the highest price growth at 20.09%, while TUEM experienced the biggest fall at -10.97%.
- 5/12/22 5:38 AM: Dollar Tree (DLTR, $156.07) was a top loser this week, declining -5.87%
- 5/11/22 7:46 AM: Target (TGT, $219.11) was a top loser this week, declining -5.78%. Expect a Downtrend reversal
- 5/10/22 5:36 AM: Big Lots (BIG, $34.24) was a top weekly gainer, with a +5.03% jump. Expect an Uptrend reversal
The average weekly volume growth across all stocks in the group was -15.43%. For the same stocks of the group, the average monthly volume growth was 87.12% and the average quarterly volume growth was 147.73%
- 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 49.5B. The market cap for tickers in the group ranges from 2.2M to 346.9B. WMT holds the highest valuation in this group at 346.9B. 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 2.52%. For the same Industry, the average monthly price growth was -11.36%, and the average quarterly price growth was -16.5%. DLTR experienced the highest price growth at 20.09%, while TUEM experienced the biggest fall at -10.97%.
- 5/12/22 5:38 AM: Dollar Tree (DLTR, $156.07) was a top loser this week, declining -5.87%
- 5/11/22 7:46 AM: Target (TGT, $219.11) was a top loser this week, declining -5.78%. Expect a Downtrend reversal
- 5/10/22 5:36 AM: Big Lots (BIG, $34.24) was a top weekly gainer, with a +5.03% jump. Expect an Uptrend reversal
The average weekly volume growth across all stocks in the Discount Stores Industry was -41.29%. For the same stocks of the Industry, the average monthly volume growth was 138.84% and the average quarterly volume growth was 140.71%
- 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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