Bernstein Reiterates Market Perform on Walmart (WMT) Following 4Q

Go back to Bernstein Reiterates Market Perform on Walmart (WMT) Following 4Q

Wal-Mart (WMT) PT Lowered to $107 at Goldman Sachs; Reiterates Buy

February 21, 2018 8:12 AM EST

Goldman Sachs lowered its price target on Wal-Mart (NYSE: WMT) to $107.00 (from $113.00) while maintaining a Buy rating following the company's 4Q. Domestic sales momentum came at a cost, as US gross margin declined more than modeled. US ecommerce sales growth slowed to... More

Wal-Mart (WMT) PT Lowered to $110 at Telsey

February 21, 2018 5:14 AM EST

Telsey lowered its price target on Wal-Mart (NYSE: WMT) to $110.00 (from $120.00) while maintaining a Outperform rating.

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Wal-Mart (WMT) PT Lowered to $116 at Barclays

February 21, 2018 4:27 AM EST

Barclays lowered its price target on Wal-Mart (NYSE: WMT) to $116.00 (from $120.00) while maintaining a Overweight rating.

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Wal-Mart (WMT) PT Lowered to $99 at Stifel

February 21, 2018 2:13 AM EST

Stifel lowered its price target on Wal-Mart (NYSE: WMT) to $99.00 (from $104.00) while maintaining a Hold rating.

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Active options: WMT AAPL FB BAC GE MU NVDA BABA NFLZ

February 20, 2018 3:03 PM EST

Active options: WMT AAPL FB BAC GE MU NVDA BABA NFLZ

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Wal-Mart (WMT) PT Lowered to $110 at Oppenheimer Citing Mixed Q4 Report & Softer Than Expected Guide

February 20, 2018 2:39 PM EST

Oppenheimer lowered its price target on Wal-Mart (NYSE: WMT) to $110.00 (from $113.00) while maintaining a Outperform rating.

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KeyBanc Remains Positive on Walmart (WMT) Noting Comps Strength

February 20, 2018 2:38 PM EST

KeyBanc maintains Overweight on Wal-Mart (NYSE: WMT) price target of $112.00.

Analyst Ed Yruma remains positive on the company noting the strength in comps.

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 $104.78 Friday.

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BMO Capital Remains Sidelined on Walmart (WMT), Says Greater Than Expected GM Pressure Continues To Emerge And E-commerce Slows

February 20, 2018 2:33 PM EST

BMO Capital maintains Market Perform on Wal-Mart (NYSE: WMT) price target of $99.00.

ANalyst Wayne Hood says the company greater than anticipated gross margin pressure continues in the midst of a slow down in eCommerce.

For an analyst ratings summary and ratings... More

Wal-Mart (WMT) PT Lowered to $93 at Wells Fargo

February 20, 2018 2:31 PM EST

Wells Fargo lowered its price target on Wal-Mart (NYSE: WMT) to $93.00 (from $101.00) while maintaining a Market Perform rating.

The analyst says the current risk/reward "does not make sense to us" at the current level. The analyst feels the company deserves a... More

Walmart (WMT) weekly option implied volatility stays elevated after shares sell off on EPS and outlook

February 20, 2018 2:16 PM EST

Walmart (NYSE: WMT) February weekly call option implied volatility is at 37, March is at 26; compared to its 52-week range of 13 to 37 after the release of EPS results.

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Walmart (WMT) Weakness Continues, Shares Down 8.3%

February 20, 2018 9:38 AM EST

Walmart (NYSE: WMT) Weakness Continues, Shares Down 8.3%

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Pre-Open Movers 02/20: (RAD) (CVRS) (AIMT) (DBVT) (NXPI) (WMT) (SNAP) (SHPG)

February 20, 2018 8:49 AM EST

Rite Aid Corporation (NYSE: RAD) 23.9% HIGHER; Albertsons Companies, one of the nations largest grocery retailers, and Rite Aid Corporation (NYSE: RAD), one of the nations leading drugstore chains, announced a definitive merger agreement under which privately held Albertsons Companies will merge with publicly traded Rite Aid. Under the terms of the agreement, in exchange for every 10 shares of Rite Aid common stock, Rite Aid shareholders will have the right to elect to receive either (i) one share of Albertsons Companies common stock plus approximately $1.83 in cash or (ii) 1.079 shares of Albertsons... More

Dow, S&P snap winning streak as Walmart weighs

February 20, 2018 7:34 AM EST

By Chuck Mikolajczak

NEW YORK (Reuters) - The Dow and S&P 500 fell on Tuesday to snap a six-session winning streak as a sharp decline in Walmart weighed heavily, but gains in Amazon and chip stocks helped the Nasdaq hold near the unchanged mark.

Walmart (NYSE: WMT), the world's biggest brick-and-mortar retailer, reported a lower-than-expected profit and posted a sharp drop in online sales growth during the holiday period. Its shares slumped 10.2 percent, and suffered their biggest percentage fall since January 1988.

Markets have been choppy in recent weeks, falling more... More

Walmart holiday-quarter profit drops, online struggles spook investors

February 20, 2018 6:45 AM EST

By Nandita Bose

NEW YORK (Reuters) - Walmart Inc (NYSE: WMT), the world's biggest retailer, on Tuesday posted a sharp drop in profit and online sales growth during the critical holiday period and forecast annual profit at the lower end of expectations.

Its shares fell 9.4 percent as investors worried that Walmart would not be able to keep pace with Amazon.com Inc (NASDAQ: AMZN), the world's biggest online retailer, as it struggles with managing its online business.

Even as comparable sales in the U.S.... More

Walmart (WMT) Raises Quarterly Dividend 2% to $0.52; 2% Yield

February 20, 2018 6:37 AM EST

Walmart (NYSE: WMT) declared a quarterly dividend of $0.52 per share, or $2.08 annualized. This is a 2% increase from the prior dividend of $0.51.

The dividend will be payable on April 2, 2018, to stockholders of record on March 9, 2018, with an ex-dividend date of March 8,... More

Walmart (WMT) Misses Q4 EPS by 4c, Sales Beat; Raises Dividend 2%

February 20, 2018 6:34 AM EST

(Updated - February 20, 2018 6:36 AM EST)

Walmart (NYSE: WMT) reported Q4 EPS of $1.33, $0.04 worse than the analyst estimate of $1.37. Revenue for the quarter came in at $136.3 billion versus the consensus estimate of $134.91 billion.

Walmart U.S. comp sales increased 2.6%, and comp... More

Home Depot's earnings powered by strong U.S. housing market

February 20, 2018 6:13 AM EST

By Aishwarya Venugopal

(Reuters) - Home Depot Inc's (NYSE: HD) profit and revenue topped Wall street estimates for the sixth straight quarter as more shoppers visited the No.1 U.S. home improvement chain and, on average, spent more in an improving housing market.

Shares of Home Depot, which raised its quarterly dividend by 15.7 percent to $1.03 per share, were up about 1.4 percent at $189.55 in morning trading. They rose more than 4 percent premarket.

The U.S. housing market has been on a winning streak, helped by rising employment... More

Walmart (WMT) option implied volatility elevated into EPS

February 20, 2018 5:26 AM EST

Walmart (NYSE: WMT) February weekly call option implied volatility is at 47, March is at 31; compared to its 52-week range of 13 to 37 into the expected release of EPS results on February 20.

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Options expected to have increasing volume; WMT HP HD IHG

February 20, 2018 4:58 AM EST

Options expected to have increasing volume; WMT HP HD IHG

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Alibaba, Tencent rally troops amid $10 billion retail battle

February 19, 2018 4:15 AM EST

By Adam Jourdan

SHANGHAI (Reuters) - China's tech giants Alibaba Group Holding Ltd (NYSE: BABA) and Tencent Holdings Ltd , worth a combined $1 trillion, are on a retail investment binge, forcing merchants to choose sides amid a battle for shoppers' digital wallets.

Since the start of last year, the two companies have between them spent more than $10 billion on retail-focused deals, boosting their reach online and in brick-and-mortar stores.

The aggressive drive, supported by large cash piles and soaring share prices, is part of a battle to win over consumers and... More