How to Buy Walmart Stock
Walmart Inc
Walmart is a discount store company located in Arkansas, United States, which is part of the Consumer Defensive sector, and is traded under the ticker WMT on the NYSE exchange.
Walmart stock last closed at $60.62, up 1.25% from the previous day, and has increased 19.08% in one year. It has overperformed other stocks in the Discount Stores industry by 0.04 percentage points. Walmart stock is currently +25.41% from its 52-week low of $48.34, and -1.68% from its 52-week high of $61.66.
As of May 7, 2024, there are 8.06B WMT shares outstanding. The market cap of WMT is $488.48B. In the last 24 hours, 14.28M WMT shares were traded.
How to Buy Walmart Stock
Wondering how to invest in Walmart stock? Here's how.
- Figure out where to buy Walmart stock: You need to decide on an online brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you determine where to buy Walmart stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit money your brokerage account: Pick your method of payment and add your information.
- Analyze Walmart stock: The Walmart ticker symbol is WMT. Is Walmart stock a good investment? Should you buy shares of WMT? How do WMT's underlying business fundamentals look? Do top analysts think Walmart is a good buy? Why has WMT's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if WMT is a good stock to buy).
- Make your WMT purchase: Decide if you will purchase WMT shares at the current market price or use a limit order to buy WMT stock at a particular price.
- Track your WMT investment: Create a watchlist to important updates regarding your investment in Walmart shares.
Step 1: Figure out where to buy Walmart stock
You need a brokerage account to access the NYSE market and buy WMT stock.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've selected the right brokerage, you need to fill out some personal information so you can buy WMT stock today.
How to Open a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to start a new brokerage account.
- Submit your info by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you've finished signing up on one of the best stock market apps, you can securely and quickly fund your account:
Check out the walkthrough below if you need help depositing funds into your investment account.
Step 4: Analyze Walmart stock
Once you have identified the best place to buy Walmart stock, it's very important to evaluate their stock prior to buying, so you can comprehend the risk and upside.
Overview of key WMT info
WMT Zen Score
WallStreetZen was created to help everyday investors perform better fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on WMT's stock page.
What is the fair value of WMT stock?
You can use a variety of different financial metrics, analyses, models, and charts to gauge WMT's intrinsic value.
Using relative valuations methods:
- WMT could be undervalued based on its P/E ratio of 31.57x, relative to Discount Stores industry P/E ratio of 34.77x
- WMT may be undervalued based on its P/B ratio of 5.82x, relative to Discount Stores industry P/B ratio of 7.12x
- WMT may be overvalued based on its PEG ratio of 2.42x
You can access more valuation research on WMT's stock here.
A look at WMT Cashflows and Balance Sheet
Passed Health Checks:
- WMT earnings of $23.77B is not sufficient to cover its interest payments.
- There are more short-term assets than long-term liabilities on the WMT balance sheet.
- WMT's operating cash flow of $35.73B allows it to safely service it's debt of $61.32B.
- WMT profit margin has gone up from 1.9% to 2.4% in the past year.
Failed Health Checks:
- WMT has a relatively high debt to equity ratio of 1.93.
- Total WMT debt is higher than 5 years ago, relative to shareholder equity.
- There are more short-term liabilities than short-term assets on the WMT balance sheet.
Do Wall Street analysts think it's a good time to buy Walmart stock
Out of 16 sell side analysts who monitor WMT, the consensus analyst rating on Walmart is a Strong Buy
Please keep in mind that analyst ratings are not recommendations, nor are they financial advice.
Latest WMT Analyst Recommendations
Steven Shemesh, a bottom 4% analyst from RBC Capital maintains WMT with a buy rating and raises their WMT price target from $56.00 to $63.00, on Feb 22, 2024.
RBC Capital's Steven Shemesh raised their price target on Walmart (NYSE: WMT) by 12.5% from $168 to $189 on 2024/02/22. The analyst maintained their Buy rating on the stock.
The company's acquisition of Vizio, announced on 2024/02/20, is complementary to its Walmart Connect strategy because it should create new opportunities for brands to connect with customers and, more importantly, add attribution to engagement, Shemesh said.
That being the case, RBC raised its FY 2025 EPS estimate on Walmart from $6.99 to $7.09 and rolled its valuation framework forward by a year, the analyst noted.
Earnings Report
Walmart reported:
For Q4 2024:
- EPS of $1.80, which beat the Zacks Consensus Estimate of $1.65 and, by 5.3%, Q4 2023’s $1.71.
- Revenue of $173.39B, which beat the Zacks Consensus Estimate by 1.61% and, by 5.7%, Q4 2023’s $164.05B.
- Operating income of $7.25B, up 30.4% Y/Y.
For FY 2024:
- EPS of $6.65, up 5.7% Y/Y.
- Revenue of $648.1B, up 6.0% Y/Y.
- Operating income of $27B, up 32.2% Y/Y.
- Capex of $20.61M.
Management guided:
For Q1 2025:
- EPS of $1.48 to $1.56 (pre-split) and $0.49 to $0.52 (post-split).
- Revenue growth of 4.0% to 5.0%.
- Operating income growth of 3.0% to 4.5%.
For FY 2025:
- EPS of $6.70 to $7.12 (pre-split) and $2.23 to $2.37 (post-split).
- Revenue growth of 3.0% to 4.0%.
- Operating income growth of 4.0% to 6.0%.
- Capex of 3.0% to 3.5% of net sales.
President & CEO Doug McMillon commented: “Our team delivered a great quarter, finishing off a strong year.
“We crossed $100B in eCommerce sales and drove market share gains as our customer experience metrics improved, even during our highest volume days leading up to the holidays.
“We’re excited about building on our momentum as we work to bring prices down for our customers and members.”
Bradley Thomas, a top 3% analyst from KeyBanc maintains WMT with a strong buy rating and raises their WMT price target from $59.00 to $63.33, on Feb 21, 2024.
Robert Drbul, a top 15% analyst from Guggenheim maintains WMT with a strong buy rating and raises their WMT price target from $63.33 to $66.67, on Feb 21, 2024.
Kelly Bania, a top 15% analyst from BMO Capital maintains WMT with a buy rating and raises their WMT price target from $63.33 to $65.00, on Feb 21, 2024.
Edward Yruma, a top 6% analyst from Piper Sandler maintains WMT with a strong buy rating and raises their WMT price target from $70.00 to $76.00, on Feb 21, 2024.
You can dig deeper into what analysts are saying on the Walmart stock forecast page.
WMT Trading Indicators
WMT Performance Numbers
Last year, WMT earnings were $15.51B. During the past 5 year, WMT's earnings have grown by 20.36% per year. This was faster than the Discount Stores industry average of 16.29%.
Last year, WMT revenue was $648.13B. During the past five year, WMT's revenue has grown by 4.73% per year. This was slower than the Discount Stores industry average of 7.76%.
Learn more about WMT's earnings and revenue performance here.
What are WMT insiders up to?
Over the last year, insiders at WMT have sold more shares than they have bought.
John D. Rainey, Executive Vice President of WMT, was the latest WMT insider to sell. They sold $177,249.00 worth of WMT shares on May 1, 2024.
Dig into more about who owns WMT stock here.
Does WMT provide a stable income stream?
Walmart pays a dividend of 0.97%, compared to the Discount Stores industry's average dividend yield of 2.06%. If you owned $1,000 of WMT stock, you would have received $9.69 in the past 12 months.
Walmart dividend payments have consistently grown over the past decade and have remained stable.
Find more data about Walmart dividend yield and history here.
Get opinions from other investors
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Step 5: Make your WMT purchase
You have two main options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally fine. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at an exact dollar amount limit, use a limit order.
Hit the Open Trade button and eToro will execute your order.
If you want more assistance buying stocks on eToro, click the helpful video below:
Step 6: Track your WMT investment
Now that you own some shares in WMT, you'll want to keep up with your new shares.
Start a watchlist to keep track of your WMT stock.
WMT Feed
How to Buy Stock in Walmart
To summarize, here are the 6 steps you need to take to buy Walmart stock right now:
- Figure out where to buy Walmart stock
- Sign up for your brokerage account
- Deposit money your brokerage account
- Analyze Walmart stock
- Make your WMT purchase
- Track your WMT investment
If you need a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get the latest scoop on your new investment in Walmart, click below.
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