Taking a Fresh Look at Walmart Inc. (WMT)

Walmart Inc. (WMT) is an interesting player in the Services space, with a focus on Discount, Variety Stores. The stock has been active on the tape, currently trading at $88.30, up from yesterday’s close by 0.26%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

Walmart Inc. (WMT) currently trades with a market capitalization of $259.22 Billion. That value represents a market adjusting for revenues that have been growing by 4.07 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of $18.89 Billion over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $1.12 on a per share basis this quarter. Perhaps, that suggests something about why 1.24% of the outstanding share supply is held by institutional investors.

Technical Analysis

As most professionals know, technical analysis can offer critical insights into what smart money and insiders think about a stock’s prospects going forward. Looking at the stock’s movement on the chart, Walmart Inc. recorded a 52-week high of $109.98. It is now trading 21.68% off that level. The stock is trading $98.69 its 50-day moving average by 10.39%. The stock carved out a 52-week low down at $69.33.

In recent action, Walmart Inc. (WMT) has made a move of -11.30% over the past month, which has come on weak relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 16.68, and it’s gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 2.71% with $1.43 Billion sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of WMT.

Previous articleHow Does Globalstar, Inc. (GSAT) Stack Up Right Now?
Next articleMondelez International, Inc. (MDLZ): From Top to Bottom