(NYSE:WMT) by 7.6% during the third quarter, according to its most recent disclosure with the SEC. Readers should not consider this as a recommendation to buy or sell company stock. Wal-Mart Stores had a return on equity of 17.71% and a net margin of 2.98%.
The stock showed weekly upbeat performance of -1.44%, which maintained for the month at -2.29%. One quarter earlier, revenue for the stock was at $120.85 billion, with earnings at $1.07/share. Bank of Montreal Can bought a new position in shares of Wal-Mart Stores during the second quarter worth about $309,966,000. Finally, Analytic Investors LLC increased its stake in shares of Wal-Mart Stores by 177.7% in the second quarter.
Pandora Media Inc (NYSE:P) traded 13.31 Million shares and was closed at $12.12 per share.
Shares of Wal-Mart Stores Inc. (NYSE:WMT) declined -1.37% to $68.26.
The stock price demonstrated downbeat change from its 50 day moving average of 70.28 and had been down from its 200 Day Moving Average of 71.37. Guggenheim analysts disclosed their opinion on Wal-Mart Stores, Inc. After this transaction, the insider's stake stands at 1,587,261,463 shares, with a market value of $108346467464. (NYSE:WMT) recently. The rating firm issued a Neutral rating to this company in a research note released on Oct 21, 2016. Moving to earnings estimates, for this current fiscal period, Wall Street analysts have projected that the company will post $12.98 earnings per share. The Return on Equity (ROE) value stands at 18.7%. The business had revenue of $118.20 billion for the quarter, compared to the consensus estimate of $118.69 billion. The company's a year ago sales total was 129.67 Billion. A look on the firm performance, its monthly performance is -14.28% and a quarterly performance of -1.87%.
Wal-Mart Stores, Inc. will next provide financial results for the April 2017 quarter.
A number of research firms recently weighed in on WMT.
Some buy side analysts are also providing their Analysis on Wal-Mart Stores Inc., where 4 analysts have rated the stock as Strong buy, 5 analysts have given a Buy signal, 18 said it's a HOLD, 2 reported it as Underperform and 1 analysts rated the stock as Sell. Credit Suisse Group assumed coverage on Wal-Mart Stores in a research report on Friday, September 16th. The 31 stock analysts following this company have an average price target at $74.59, with individual PT in the $60.00-$90.00 range. Cowen and Company upgraded Wal-Mart Stores from a "market perform" rating to an "outperform" rating and upped their price target for the company from $76.00 to $83.00 in a research report on Monday, September 12th. The stock has 52-week high of $75.19 and 52-week low of $60.2. Three research analysts have rated the stock with a sell rating, nineteen have given a hold rating and nine have given a buy rating to the company's stock. The price target estimates represents a standard deviation of 8.87.
In related news, CEO C Douglas Mcmillon sold 75,063 shares of Wal-Mart Stores stock in a transaction that occurred on Monday, November 21st. The stock was sold at an average price of $69.08, for a total value of $5,185,352.04.