Walmart (WMT) PT Raised to $155 at Evercore ISI, Removes from Tactical Outperform List
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Greater chance of overdelivering on guidance for Walmart, Home Depot leaves room for under-delivering - Morgan Stanley
February 22, 2023 9:58 AM ESTMorgan Stanley analyst Simeon Gutman cut the firm's price target on Home Depot (NYSE: HD) to $340 from $360 and Walmart (NYSE: WMT) to $160 from $161 in a note to clients on Wednesday.
The analyst, commenting on both companies' earnings, said while there were a few parallels between the two wage... More
Popular stocks increasing options volume: BABA PLTR WMT COIN BBBY DKNG INTC UBER
February 22, 2023 3:18 AM ESTPopular stocks increasing options volume: BABA PLTR WMT COIN BBBY DKNG INTC UBER
... MoreWalmart (WMT) PT Raised to $47 at Citi
February 21, 2023 3:51 PM ESTCiti analyst Paul Lejuez raised the price target on Walmart (NYSE: WMT) to $47.00 (from $45.00) while maintaining a Neutral rating.... More
S&P 500 slumps as rout in retailers, tech bites
February 21, 2023 3:12 PM ESTBy Yasin Ebrahim
Investing.com -- The S&P 500 slid Tuesday, as a slump in retailers and surging Treasury yields put the squeeze on the growth sectors of the market including tech amid growing fears that further Federal Reserve rate hikes will be needed to cool inflation.
The S&P 500 was down 1.8%, the Dow Jones Industrial Average fell 1.9%, or 638 points, and the Nasdaq Composite slumped 2.2%.
The 10-year Treasury yield rallied to flirt with the 4% handle for the first time since Nov. 10 as investor expectations for a cut this year dwindle and... More
Midday movers: Home Depot, General Mills, Molson Coors and more
February 21, 2023 1:44 PM ESTBy Liz Moyer
Investing.com -- Stocks extended their losses on Tuesday after bleak outlooks from major retailers Walmart (NYSE: WMT) and Home Depot, as consumer spending shifts. Here are the midday movers for Feb. 21.
... More
Walmart (WMT) PT Lowered to $169 at Roth/MKM
February 21, 2023 1:31 PM ESTRoth/MKM analyst Bill Kirk lowered the price target on Walmart (NYSE: WMT) to $169.00 (from $171.00) while maintaining a Buy rating.... More
Walmart, Home Depot and Credit Suisse fall premarket; General Mills rises
February 21, 2023 8:48 AM ESTBy Peter Nurse
Investing.com -- Stocks in focus in premarket trade on Tuesday, February 21st. Please refresh for updates.
Walmart (NYSE: WMT) stock fell 3.9% after the retail giant forecast full-year earnings below estimates, saying it was cautious about the economic outlook for the coming... More
Dow Jones, Nasdaq, S&P 500 weekly preview: stocks are overvalued - analysts
February 21, 2023 8:00 AM ESTThe U.S. stocks fell modestly last week with the S&P 500 (SPX) closing the week 0.28% lower - the first time it recorded two consecutive weekly red candles since December. The index is essentially flat month-to-date (MTD), which is quite positive for bulls as the January rally is still holding in.
Looking at valuation, the forward 12-month P/E ratio for the S&P 500 is 18.0, below the 5-year average of 18.5% but above the 10-year average of 17.2.
The Dow Jones Industrial Average Index (DJI) has continued to hover around 34000, ending the week 0.13% lower. Nasdaq Composite Index (IXIC)... More
Walmart (WMT) shares fall 3% as 'underwhelming' forecast offsets strong Q4 results
February 21, 2023 7:37 AM EST(Updated - February 21, 2023 8:11 AM EST)
Walmart (NYSE: WMT) reported better-than-expected results for its fourth quarter, although its shares still trade lower in pre-market Tuesday as investors were expecting more bullish guidance. Walmart's report comes after Home Depot (NYSE: HD) reported mixed Q4 results and light guidance, which sees its shares trade more than 4% lower in pre-open trading.
Walmart posted EPS of $1.71 on revenue of $164... More
Dow futures fall 225 pts; Home Depot results disappoint ahead of PMI release
February 21, 2023 7:18 AM ESTBy Peter Nurse
Investing.com -- U.S. stocks are seen opening lower Tuesday, following disappointing results from Home Depot as concerns mount about the potential for the U.S. economy to tip into recession.
At 07:00 ET (12:00 GMT), the Dow Futures contract was down 225 points or 0.7%, S&P 500 Futures traded 27 points or 0.7% lower, and Nasdaq 100 Futures dropped 110 points or 0.9%.
... MorePutin speech, Walmart earnings, Europe rebound - what's moving markets
February 21, 2023 7:18 AM ESTBy Geoffrey Smith
Investing.com -- Russian President Vladimir Putin signals no let up in the war in Ukraine in a major speech. Walmart and Home Depot shed more light on the health of the U.S. consumer at the end of last year, while stock futures continue to reel from last week's stronger-than-expected economic data. Europe's economy is feeling the benefits of a sharp drop in energy prices at the end of last year. Here's what you need to know in financial markets on Tuesday, February 21st.
1. Putin speech points to war dragging... More
Walmart sees lower 2023 performance in time of economic uncertainty
February 21, 2023 7:05 AM ESTBy Siddharth Cavale
(Reuters) - Walmart Inc struck a cautious note in its economic outlook for 2023 on Tuesday as the retail bellwether forecast full-year earnings below estimates and warned that tight spending by consumers could pressure profit margins.
Higher U.S. consumer prices and loftier costs for rental housing and food have raised fears among executives that the U.S. Federal Reserve could further lift borrowing costs to cool domestic demand, leading to an economic downturn in the second half of the year.
Walmart forecast earnings of $5.90 to $6.05 per share for the year through January 2024, below... More
Walmart (WMT) Raises Quarterly Dividend 1.8% to $0.57; 1.6% Yield
February 21, 2023 7:04 AM ESTWalmart (NYSE: WMT) declared a quarterly dividend of $0.57 per share, or $2.28 annualized. This is a 1.8% increase from the prior dividend of $0.56.
The dividend will be payable on April 3, 2023, to stockholders of record on March 17, 2023, with an ex-dividend date of March 16,... More
Walmart (WMT) Tops Q4 EPS by 19c, Guidance Misses
February 21, 2023 7:04 AM EST(Updated - February 21, 2023 7:05 AM EST)
Walmart (NYSE: WMT) reported Q4 EPS of $1.71, $0.19 better than the analyst estimate of $1.52. Revenue for the quarter came in at $164 billion versus the consensus estimate of $159.77 billion.
Walmart U.S. grew comp sales1 8.3%, with eCommerce... MoreWalmart (WMT) February weekly 146 straddle priced for a move of 4.5% into quarter results
February 21, 2023 6:58 AM ESTWalmart (NYSE: WMT) February weekly 146 straddle priced for a move of 4.5% into the expected release of quarter results today before the bell.
... MoreWalmart (WMT) February weekly 146 straddle priced for a move of 4.5% into quarter results
February 21, 2023 4:06 AM ESTWalmart (NYSE: WMT) February weekly 146 straddle priced for a move of 4.5% into the expected release of quarter results today before the bell.
... MoreStocks expected to have increasing option volume: WMT HD ADTN CON PANW CZR TOL FLR NVDA EXPD
February 21, 2023 3:48 AM ESTStocks expected to have increasing option volume: WMT HD ADTN CON PANW CZR TOL FLR NVDA EXPD
... More
