Walmart (WMT, $147.40) Q4 earnings beats expectations
Walmart Inc. adjusted earnings for the fourth quarter came in at $1.71 per share, exceeding the Zacks Consensus Estimate of $1.52 (according to Zacks Equity Research).
Total revenues rose +7.3% year-over-year to $164 billion, beating the consensus of $159.7 billion. On a constant-currency (cc) basis, total revenues grew +7.9%, on the back of strong stores and e-commerce performance.
U.S. comp sales, excluding fuel, grew +8.3% on +6.3% increase in the average ticket, with transactions climbing 1.8% year over year. E-commerce sales in the US rose 17%.
International net sales were up +2.1% to $27.6 billion, with $0.9-billion adverse impact from currency movements.
For the first quarter of fiscal 2024, the company expects consolidated net sales growth of 4.5-5% at cc. Consolidated operating income growth is forecast at 3.5-4% at cc
WMT in upward trend: price expected to rise as it breaks its lower Bollinger Band on December 20, 2024
WMT may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 39 cases where WMT's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where WMT advanced for three days, in of 339 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 380 cases where WMT Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The 10-day RSI Indicator for WMT moved out of overbought territory on December 18, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 57 similar instances where the indicator moved out of overbought territory. In of the 57 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Momentum Indicator moved below the 0 level on December 18, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on WMT as a result. In of 81 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for WMT turned negative on December 13, 2024. 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 46 similar instances when the indicator turned negative. In of the 46 cases the stock turned lower in the days that followed. This puts the odds of success at .
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 of 62 cases within the following month. The odds of a continued downward trend are .
The Tickeron Profit vs. Risk Rating rating for this company is (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.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating outstanding price growth. WMT’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding 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 SMR rating for this company is (best 1 - 100 worst), indicating 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 Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued 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 (8.453) is normal, around the industry mean (8.013). P/E Ratio (38.298) is within average values for comparable stocks, (41.455). Projected Growth (PEG Ratio) (2.787) is also within normal values, averaging (2.817). Dividend Yield (0.009) settles around the average of (0.022) among similar stocks. P/S Ratio (1.112) is also within normal values, averaging (1.306).
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General Information
a retail discount department store
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