Retail giant Walmart Inc (WMT: NYE) is reportedly looking for buyers for its recently closed healthcare centers, according to a Fortune report. The company might be in talks with health insurance giant Humana Inc (HUM: NYE) for a potential acquisition, but the deal’s finalization remains uncertain.
Stock Target Advisor’s Analysis on Walmart:
Walmart Inc currently gives a slightly bullish rating by the Stock Target Advisor, with a forward target price of $95.45. This suggests a promising 12-month price change of +40.22%. The average analyst target price over the course of the next year is pegged at $92.38, implying a “Strong Buy” average analyst rating.
The trajectory of Walmart Inc’s stock price has seen a positive trend, witnessing a weekly change of +0.65%, a monthly change of +2.31%, and a substantial yearly change of +29.08%.
31 market analysts currently cover Walmart Inc, affording it an average Strong Buy rating and a target price of $92.38. The Discount Stores sector, where the company operates on the NYE exchange, on average, receives a “Buy” rating with Stock Target Advisor’s rating pinned as Neutral.
Walmart: An Overview of Financial Performance
In the span of one year, Walmart Inc displayed a capital gain of 29.08% and a dividend return of 1.51%, ranking it in the 80% and 66.67% sector percentile for capital gain and dividend return respectively.
Looking at a longer duration of five years, the company demonstrated a 26% revenue growth (33.33% sector percentile) and a substantial 132.55% earnings growth. The latter places the company in an impressive 83.33% sector percentile. However, it’s important to highlight the 5-year dividend growth, which dipped by -9.65%, leading to Walmart Inc’s position in the 100% sector percentile.
Muzzammil is a content writer at Stock Target Advisor. He has been writing stock news and analysis at Stock Target Advisor since 2023 and has worked in the financial domain in various roles since 2020. He has previously worked on an equity research firm that analyzed companies listed on the stock markets in the U.S. and Canada and performed fundamental and qualitative analyses of management strength, business strategy, and product/services forecast as indicated by major brokers covering the stock.
