Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Walmart Inc before investing.

In this article, we go over a few key elements for understanding Walmart Inc’s stock price such as:

• Walmart Inc’s current stock price and volume
• Why Walmart Inc’s stock price changed recently
• Upgrades and downgrades for WMT from analysts
• WMT’s stock price momentum as measured by its relative strength

About Walmart Inc (WMT)

Before we jump into Walmart Inc’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Walmart Inc. is a technology-powered omni-channel retailer. The Company provides the opportunity to shop in both retail stores and through e-commerce and to access its other service offerings. It offers an assortment of merchandise and services at everyday low prices (EDLP). It operates through three segments: Walmart U.S., Walmart International and Sam's Club. The Walmart U.S. segment is a mass merchandiser of consumer products, operating under the Walmart and Walmart Neighborhood Market brands, as well as walmart.com and other e-commerce brands. Walmart International segment includes various formats divided into two categories: retail and wholesale. These categories consist of many formats, including supercenters, supermarkets, hypermarkets, warehouse clubs (including Sam's Clubs) and cash & carry, as well as e-commerce through walmart.com.mx, walmart.ca, flipkart.com, walmart.cn and other sites. Sam's Club segment is a membership-only warehouse club that also operates samsclub.com.

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Walmart Inc’s Stock Price as of Market Close

As of February 26, 2024, 4:00 PM, CST, Walmart Inc’s stock price was $59.60.

Walmart Inc is down 66.05% from its previous closing price of $175.56.

During the last market session, Walmart Inc’s stock traded between $175.31 and $177.65. Currently, there are 2,693.00 million shares of Walmart Inc stock available for purchase.

Walmart Inc’s price-earnings (P/E) ratio is currently at 30.6, which is high compared to the Food Retail & Distribution industry median of 20.3. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Walmart Inc Stock Price History

Walmart Inc’s (WMT) price is currently down 63.93% so far this month.

During the month of February, Walmart Inc’s stock price has reached a high of $181.35 and a low of $58.18.

Over the last year, Walmart Inc has hit prices as high as $181.35 and as low as $136.09. Year to date, Walmart Inc’s stock is down 57.97%.

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What Caused Walmart Inc Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of February 23, 2024, there were 13 analysts who downgraded Walmart Inc’s stock and 4 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Walmart Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Walmart Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Walmart Inc’s current valuation based on AAII’s Value Grade is a D, which means it is considered to be Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Walmart Inc (WMT) by visiting AAII Stock Evaluator.

Relative Price Strength of Walmart Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of February 23, 2024, Walmart Inc has a weighted four-quarter relative price strength of -0.15%, which translates to a Momentum Score of 72 and is considered to be Strong.

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Walmart Inc Stock Price: Bottom Line

As of February 26, 2024, Walmart Inc’s stock price is $59.60, which is down 66.05% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Walmart Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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