Market Movers

Walmart Inc.’s stock price dips to $92.24, witnessing a 1.24% decline

By December 21, 2024 No Comments

Walmart Inc. (WMT)

92.24 USD -1.16 (-1.24%) Volume: 44.75M

Walmart Inc.’s stock price stands at 92.24 USD, experiencing a slight dip of -1.24% in this trading session with a trading volume of 44.75M, despite boasting a remarkable YTD percentage change of +76.13%, highlighting the corporation’s strong market performance.


Latest developments on Walmart Inc.

Walmart is facing challenges as it announces it will likely miss its climate targets for 2025 and 2030. The retail giant is testing body cameras on employees in various locations to enhance safety and security measures, while also dealing with incidents like a shooting at a Lumberton store and a toddler being bitten by a dog at a Vancouver location. Despite these setbacks, Walmart‘s stock price has soared by 82% in 2024, outperforming others in the retail industry. The company is also making headlines for its discounted products, including an $80 loungewear set for $36 and a $99 coffee maker for $40. As Walmart invests in data science to improve delivery services, it remains a popular shopping destination with deals on items like Ninja and Dyson products.


Walmart Inc. on Smartkarma

Analysts on Smartkarma have been closely covering Walmart, with recent reports from Baptista Research and Tech Supply Chain Tracker providing valuable insights. Baptista Research‘s report, “Walmart’s Secret Weapons: How Grocery Dominance and Digital Innovation Are Reshaping Retail! – Major Drivers,” reflects a bullish sentiment on Walmart‘s recent performance in the third quarter of fiscal year 2025. The report highlights Walmart‘s strong sales growth, profit increase, and key contributors to positive results such as e-commerce sales and advertising growth.

On the other hand, Tech Supply Chain Tracker’s report, “Tech Supply Chain Tracker (19-Oct-2024): ATE Energy boosts green energy & marine projects in PH,” leans bearish on Walmart. The report discusses sustainability efforts in the Philippines, challenges in expanding nuclear power in the US, and innovative projects like the Lean3 EV. Despite differing sentiments, these reports offer valuable perspectives on Walmart‘s strategies and performance in the market.


A look at Walmart Inc. Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth5
Resilience3
Momentum5
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Walmart has a promising long-term outlook. With a high score in Growth and Momentum, the company is projected to experience strong growth and maintain positive momentum in the market. This indicates that Walmart is well-positioned to continue expanding its business and outperforming its competitors in the future.

While Walmart may not score as high in Value and Dividend, its Resilience score suggests that the company is able to withstand economic challenges and market fluctuations. Overall, Walmart‘s combination of high Growth and Momentum scores, along with its solid Resilience score, bodes well for its long-term success and profitability in the retail industry.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars