Wal-Mart (WMT) PT, Estimates Cut at Jefferies

Go back to Wal-Mart (WMT) PT, Estimates Cut at Jefferies

Wal-Mart (WMT) Price Target Trimmed to $82 at Deutsche Bank; Analyst Maintains Hold

February 20, 2015 11:07 AM EST

Deutsche Bank maintained a Hold rating on Wal-Mart (NYSE: WMT) and lowered its price target to $82.00 (from $86.00).

Analyst Greg Poole said, "WMT's 4Q SSS impressed us, accelerating sequentially to its best level in over 2 years. This bodes especially well for our retailers with more... More

Barclays Downgrades Wal-Mart (WMT) to Equalweight

February 20, 2015 6:43 AM EST

Barclays downgraded Wal-Mart (NYSE: WMT) from Overweight to Equalweight with a price target of $85.00 (from $90.00).

For an analyst ratings summary and ratings history on Wal-Mart click here. For more ratings news on Wal-Mart click here.

Shares of Wal-Mart closed at $83.52 yesterday.

... More

Wal-Mart (WMT) Raising Wages to $9/Hour by April, Then $10/Hour By Early Next Year

February 19, 2015 8:45 AM EST

In addition to earnings, Wal-Mart (NYSE: WMT) announced that it will be raising their entry wage to at least $9 an hour in April, and, by February of next year, all current associates will earn at least $10 an hour.

Below is a blog post from CEO Doug McMillon:

As many of you know, Im really proud to have been a Walmart associate for a long time. This company has given so many of us opportunities beyond our wildest dreams. We joined Walmart because we wanted a job but found much... More

Wal-Mart (WMT) Raises Quarterly Dividend 2.1% to $0.49; 2.3% Yield

February 19, 2015 8:38 AM EST

Wal-Mart (NYSE: WMT) declared a quarterly dividend of $0.49 per share, or $1.96 annualized. This is a 2.1% increase from the prior dividend of $0.48.

The dividend will be payable on April 6, 2015, to stockholders of record on March 13, 2015, with an ex-dividend date of March 11,... More

Wal-Mart (WMT) Tops Q4 EPS by 7c, FY EPS Guidance Falls Short

February 19, 2015 8:34 AM EST

Wal-Mart (NYSE: WMT) reported Q4 EPS of $1.61, $0.07 better than the analyst estimate of $1.54. Revenue for the quarter came in at $131.6 billion versus the consensus estimate of $132.29 billion. Walmart U.S. comp sales increased 1.5 percent for the 13-week period ended Jan. 30, 2015.

Wal-Mart sees Q1 2016 EPS of $0.95-$1.10, versus the consensus of $1.14.

Wal-Mart sees FY2016 EPS of $4.70-$5.05, versus the consensus of $5.19.

Guidance

The company provided guidance for EPS and updated its estimate for fiscal year 2016 sales growth.

"Given the investments we're making in our worldwide... More