Walmart (WMT) shares held their own in last month’s market weakness, cementing its anchoring and defensive positioning, particularly relative to Target (TGT) and Home Depot (HD) .From the market’s March 28th peak through the end of April 2024, the S&P 500 index lost -3.8% of its value, while Walmart was down only -1.4%. Target lost -9.2% of its value during that same period, while Home Depot shares were down -12.9%.Walmart’s defensive attributes reflect the retailer’s heavy grocery exposure and reputation f ...

Walmart (WMT) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended April 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on May 16, 2024, might help the stock move higher if these key numbers are better than expectatio ...

Walmart's growth in e-commerce and advertising services are catalysts for higher margins and earnings this year.Walmart (WMT -0.28%) stock has delivered solid gains for investors over the last few years. Solid fiscal fourth-quarter earnings results pushed the share price to new highs, and UBS analyst Michael Lasser believes Walmart will deliver another round of solid earnings for the first quarter of fiscal 2025.The analyst recently maintained a buy rating on the stock but raised the price target from $63 t ...

Walmart (WMT) ended the recent trading session at $59.87, demonstrating a +0.08% swing from the preceding day's closing price. This change lagged the S&P 500's 1.03% gain on the day. Meanwhile, the Dow experienced a rise of 0.46%, and the technology-dominated Nasdaq saw an increase of 1.19%.The world's largest retailer's stock has dropped by 0.05% in the past month, falling short of the Retail-Wholesale sector's gain of 0.23% and outpacing the S&P 500's loss of 1.57%.The upcoming earnings release of Walmart ...

By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewWalmart will close a Bay Area store later this month, as well as a Neighborhood Market in Milwaukee, Wisconsin, bringing the number of confirmed closures so far this year to eight.Layoff notices f ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Let's take a look at what these Wall Street heavyweights have to say about Walmart (WMT) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Walmart currently has an average brokerage r ...

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In 2024, we’ve witnessed significant insider selling across various companies, including big names like Nvidia (NASDAQ: NVDA), Meta Platforms (NASDAQ: META), and Amazon (NASDAQ: AMZN). Adding to this trend is the insider trading activity surrounding Walmart (NYSE: WMT). Most notably, Walmart’s CEO and President, Doug McMillon, recently sold 29,124 WMT shares at an average price of $60.03, totaling $1.7 million on April 25.WMT stock insider trading activity. Source: Barchart WMT stock has experienced heavy i ...

Walmart announced Tuesday that it is launching its largest private food brand in decades to lure in more cost-conscious shoppers. The brand, Bettergoods, will encompass 300 items including frozen, dairy, snacks, beverages, pasta, soups, coffee and chocolate, the Arkansas-based retailer said. All the items will cost between $2 and $15; "most products" will be priced under $5, Walmart said. WALMART CLOSING 51 HEALTH CENTERS OVER LACK OF PROFITABILITYTo set itself apart, Walmart touted that Bettergoods isn't a ...

KEY TAKEAWAYSWalmart is closing the 51 health centers in five states and will shutter its telehealth business.Walmart blamed an "unsustainable" business model and high costs for the closure.The big-box retailer is also launching a new grocery brand called BetterGoods with most of the goods priced under $5 each. Walmart (WMT) said Tuesday will close health centers it opened in five states and shutter its telehealth business, as expenses around building a network of low-cost health clinics increase. The retai ...