Is it a good time to buy WMT niw
8/15/2024 12:52am
**Walmart's Financial Health and Market Outlook**: Walmart (WMT) appears to be in a solid financial position with a current closing price of $68.66 as of August 14, 2024. Here's a detailed analysis to help you decide if it's a good time to buy:
1. **Recent Performance**: Walmart's stock has shown a slight increase in price, up from $67.97 to $68.66. This indicates a positive trend, but it's essential to consider other financial metrics for a comprehensive evaluation.
|Ticker|Name|Date|Closing Price|code|market_code|
|---|---|---|---|---|---|
|WMT.N|Walmart|20240814|68.66|WMT|169|
2. **Financial Metrics**:
- **Revenue and Net Income**: The company's total revenue for the quarter ending March 31, 2024, was $161.51 billion, with net income of $5.31 billion. This indicates strong operational performance.
- **Growth Rates**: The revenue growth rate is 6.05%, and the net income growth rate is an impressive 179.91%. However, the diluted EPS QoQ growth rate is negative at -68.97%, which suggests a temporary setback.
|Ticker|Name|Date|Total Revenue|Net Income|Diluted EPS|code|market_code|
|---|---|---|---|---|---|---|---|
|WMT.N|Walmart|2025 Q1|1.61508E11|5.307E9|0.63|WMT|169|
|Ticker|Name|Date|Total Revenue year-on-year growth rate|Diluted EPS QoQ growth rate|Net Income year-on-year growth rate|code|market_code|
|---|---|---|---|---|---|---|---|
|WMT.N|Walmart|20250331|6.045265625307779|-68.96551724137932|179.90506329113924|WMT|169|
3. **Valuation Ratios**: Walmart's P/E (TTM) ratio is 29.16, which is relatively high, indicating that the stock may be overvalued compared to earnings. However, the P/B ratio is 6.79, suggesting that the company's assets are valued highly.
|Ticker|Name|Date|P/E(TTM)|P/S|Price to Book Ratio|code|market_code|
|---|---|---|---|---|---|---|---|
|WMT.N|Walmart|20240814|29.155827|0.8632558945306932|6.793569988040789|WMT|169|
4. **Analyst Ratings and Price Targets**: The consensus rating among analysts is a "Buy" with an average price target of $73.86, indicating potential upside from the current price.
5. **Market Position and Outlook**: Walmart is a leader in the consumer staples distribution & retail industry, which provides essential products that are always in demand. The company's ability to generate consistent revenue, even in challenging economic conditions, makes it an attractive investment.
|Ticker|Name|GICS Industry|code|market_code|
|---|---|---|---|---|
|WMT.N|Walmart|Consumer Staples Distribution & Retail|WMT|169|
6. **Short-term Trends**: The short-term trend analysis shows that Walmart is in the beginning stages of a reversal, with a "Bull Market Weakness" rating. This suggests that while there may be short-term volatility, the long-term trend remains positive.
**Conclusion**: Given Walmart's strong revenue and net income growth rates, solid industry position, and favorable analyst ratings, it appears to be a good time to consider buying Walmart stock. However, the high P/E ratio and recent negative EPS growth rate should be taken into account. Investors should also consider their investment strategy and risk tolerance before making a decision.