WMT Stock Forecast & Price: Walmart Inc. is an American multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores from the United States, headquartered in Bentonville, Arkansas. Based on the Walmart Inc stock forecasts from 30 analysts, the average analyst target price for Walmart Inc is USD 150.66 over the next 12 months. Walmart Inc’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of Walmart Inc is Slightly Bullish , which is based on 10 positive signals and 8 negative signals. At the last closing, Walmart Inc’s stock price was USD 132.92. Walmart Inc’s stock price has changed by -0.14% over the past week, -0.06% over the past month and -2.71% over the last year.

2. Page 1 of 10 Any information in this report is not , and should not be regarded as investment advice or as a recommendation regarding any particular security or course of
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WMT:NYE (Walmart Inc)
Discount Stores | NYE | Common Stock
Values as of 5th Oct, 2022
Stock Target Advisor
Detailed Stock Report
Report Date: 6th October, 2022
Last Close
USD 132.92
Change
-1.33(-0.99%)
Market Cap
USD 359.72B
1 Yr Capital Gain
-3.42%
1 Yr Dividend Return
1.62%
1 Yr Total
Return
-1.79%
Earning Growth (5 yr)
104.99%
Average Target Price
150.66(+13.34% )
Average Analyst
Rating
Strong Buy
Fundamental
Analysis
Slightly Bullish
Our view of the stock is Slightly Bullish with a score of 5.6 out of 10, where 0 is very bearish and 10 very bullish
What to like
High market capitalization
This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.
Superior risk adjusted returns
This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.
Low volatility
The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although
stability is good, also keep in mind it can limit returns.
Underpriced compared to book value
The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to
make sure there is no specific reason.
Superior return on equity
The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.
Low debt
The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector.
Sometimes this is low because the company is not growing and has no growth potential.
Positive cash flow
The company had positive total cash flow in the most recent four quarters.
Positive free cash flow
The company had positive total free cash flow in the most recent four quarters.
Underpriced on free cash flow basis
The stock is trading low compared to its peers on a price to free cash flow basis and is in the top quartile. It may be underpriced but do check its financial
performance to make sure there is no specific reason.
High Gross Profit to Asset Ratio
This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in
the long run.
What to not like
Below median total returns
The company has under performed its peers on annual average total returns in the past 5 years.
Below median dividend returns
The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.
Overpriced on cashflow basis
The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering
to buy.
Poor capital utilization
The company management has delivered below median return on invested capital in the most recent 4 quarters compared to its peers.
Poor return on assets
The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

3. Page 2 of 10 Any information in this report is not , and should not be regarded as investment advice or as a recommendation regarding any particular security or course of
action. We recommend seeking a licensed professional for investment advice.
Overpriced on free cash flow basis
The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are
considering to buy.
Low Revenue Growth
This stock has shown below median revenue growth in the previous 5 years compared to its sector
Low Dividend Growth
This stock has shown below median dividend growth in the previous 5 years compared to its sector.

4. Page 3 of 10 Any information in this report is not , and should not be regarded as investment advice or as a recommendation regarding any particular security or course of
action. We recommend seeking a licensed professional for investment advice.
WMT:NYE (Walmart Inc)
Discount Stores | | Common Stock
Stock Target Advisor
Detailed Stock Report
Report Date: 6th October, 2022
Adjusted Closing Share Volume
Relative Returns Relative Performance (Total Returns)
Security Capital Gain Dividend Return Total Return
WMT
Walmart Inc
-2.7% +1.6% -1.1%
VTI
Vanguard Total Stock Market
Index Fund ETF Shares
-15.3% +1.4% -13.9%
Company Overview
Walmart Inc. engages in the operation of retail, wholesale, and other units worldwide. The company operates through three segments:
Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and
carry stores, and discount stores; membership-only warehouse clubs; ecommerce websites, such as walmart.com, walmart.com.mx,
walmart.ca, flipkart.com, and samsclub.com; and mobile commerce applications. The company offers grocery and consumables, which
includes dairy, meat, bakery, deli, produce, dry, chilled or frozen packaged foods, alcoholic and nonalcoholic beverages, floral, snack foods,
candy, other grocery items, health and beauty aids, paper goods, laundry and home care, baby care, pet supplies, and other consumable
items; and health and wellness products covering pharmacy, over-the-counter drugs and other medical products, and optical and hearing
services. It also provides gasoline stations and tobacco; home improvement, outdoor living, gardening, furniture, apparel, jewelry, tools and
power equipment, housewares, toys, seasonal items, mattresses, and tire and battery centers; and consumer electronics and accessories,
software, video games, office supplies, appliances, and third-party gift cards. In addition, the company offers fuel and financial services and
related products, including money orders, prepaid cards, money transfers, and check cashing and bill payment, as well as various types of
installment lending. It operates approximately 10,500 stores and various e-commerce websites under 46 banners in 24 countries. The
company was formerly known as Wal-Mart Stores, Inc. and changed its name to Walmart Inc. in February 2018. The company was founded in
1945 and is based in Bentonville, Arkansas.

5. Page 4 of 10 Any information in this report is not , and should not be regarded as investment advice or as a recommendation regarding any particular security or course of
action. We recommend seeking a licensed professional for investment advice.
Company Website
https://www.stock.walmart.com
Address
702 South West 8th Street, Bentonville, AR, United States, 72716
Fiscal Year End
January
Employees
2300000
Technical Indicators
Value Value
Beta 0.53 52 Week High 159.49
Short Ratio 1.99 52 Week Low 116.76
Shorted Shares 15,335,591 200 Day Moving Average 137.03
Shorted Shares Previous Month 15,351,254 50 Day Moving Average 132.68
Shares Held By Insiders 4,839.50% Short Percentage 1.00%
Shares Held by Institutions 32.80 Dividend Yield 1.73%

6. Page 5 of 10 Any information in this report is not , and should not be regarded as investment advice or as a recommendation regarding any particular security or course of
action. We recommend seeking a licensed professional for investment advice.
WMT:NYE (Walmart Inc)
Discount Stores | | Common Stock
Stock Target Advisor
Detailed Stock Report
Report Date: 6th October, 2022
Market Performance
Market Performance vs. Industry / Classification (Discount Stores) Market Performance vs. Exchange (Nasdaq Global Select)
Value Sector Median
Percentile
Rank
Grade Market Median Percentile Rank Grade
YTD
Capital Gain -8.13% -32.4% 60% -19.8% 74%
Dividend Return 1.16% 1.2% 50% 2.2% 29%
Total Return -6.97% -31.2% 60% -17.9% 73%
Trailing 12 Months
Capital Gain -3.42% -31.0% 60% -17.5% 78%
Dividend Return 1.62% 1.6% 50% 2.9% 32%
Total Return -1.79% -29.4% 60% -14.8% 76%
Trailing 5 Years
Capital Gain 68.25% 68.3% 50% -5.8% 86%
Dividend Return 14.25% 11.1% 75% 12.3% 57%
Total Return 82.51% 82.5% 50% 8.7% 87%
Average Annual (5 Year Horizon)
Capital Gain 11.62% 14.2% 20% 1.9% 74%
Dividend Return 1.94% 1.9% 50% 2.0% 49%
Total Return 13.57% 17.5% 20% 5.2% 74%
Risk Return Profile
Volatility (Standard
Deviation)
12.42% 31.6% 100% 21.9% 73%
Risk Adjusted Return 109.21% N/A 80% 28.5% 98%
Market Capitalization 359.72B 55.60B 100% 9.84B 100%

7. Page 6 of 10 Any information in this report is not , and should not be regarded as investment advice or as a recommendation regarding any particular security or course of
action. We recommend seeking a licensed professional for investment advice.
Key Financial Ratios
Ratios vs. Industry / Classification (Computer Hardware) Ratios vs. Exchange (Nasdaq Global Select)
Value Sector Median
Percentile
Rank
Grade Market Median Percentile Rank Grade
Market Value
peratio 20.7 21.4 60% 15.7 33%
pbratio 4.5 8.7 80% 1.4 15%
pcfratio 14.9 11.8 40% 5.4 23%
pfcfratio 13.0 15.7 80% 6.8 26%
Management Effectiveness
retequity 1,754.61% 72.7% 80% 11.0% 90%
retinvcap 17.17% 24.1% 40% 5.3% 83%
retass 6.14% 7.1% 40% 2.4% 77%
debtequityratio 41.88% 66.6% 80% 65.8% 64%
Technical Ratios
yield 1.73% 1.7% 50% 3.5% 27%
sratio 1.99 2.41 80% 2.61 58%
spercent 1.09% 4.3% 100% 3.6% 76%
beta 0.53 1.02 60% 1.04 82%

8. Page 7 of 10 Any information in this report is not , and should not be regarded as investment advice or as a recommendation regarding any particular security or course of
action. We recommend seeking a licensed professional for investment advice.
WMT:NYE (Walmart Inc)
Discount Stores | | Common Stock
Stock Target Advisor
Detailed Stock Report
Report Date: 6th October, 2022
Recent Analyst Ratings
Price Action Rating Action Analyst Rating Price date
Assigns STA Research Buy USD 150 2022-10-05
Upgrades Erste Group Buy 2022-10-05
Upgraded by Erste Group Bank Hold » Buy 2022-10-05
Initiates Coverage On KeyBanc Overweight USD 155 2022-09-14
Target Up D.A. Davidson USD 163 2022-08-22
Target Up MKM Partners USD 158 2022-08-22
Target Up Jefferies Financial LLC USD 161 2022-08-22
Target Up JP Morgan & Company USD 150 2022-08-22
Target Up Cowen USD 165 2022-08-22
Maintains Morgan Stanley Overweight USD 145 » USD 150 2022-08-18
Target Raised by Stifel Nicolaus Research Hold USD 145 » USD 149 2022-08-17
Target Raised by Oppenheimer Holdings Outperform USD 135 » USD 155 2022-08-17
Target Raised by Credit Suisse Outperform USD 133 » USD 145 2022-08-17
Target Raised by Citigroup Buy USD 152 » USD 162 2022-08-17
Target Raised by Telsey Advisory Group Outperform USD 145 » USD 160 2022-08-17
Target Raised by RBC Royalbank Outperform USD 135 » USD 151 2022-08-17
Target Raised by Deutsche Bank Capital Buy USD 142 » USD 162 2022-08-17
Target Raised by Raymond James Capital Outperform USD 140 » USD 150 2022-08-17
Target Raised by UBS USD 152 » USD 158 2022-08-17
Target Raised by Goldman Sachs Buy USD 135 » USD 155 2022-08-17
Target Raised by Bank of America Securities Buy USD 145 » USD 155 2022-08-17
Target Raised by Wells Fargo USD 130 » USD 155 2022-08-16
Target Raised by Robert W Baird USD 140 » USD 155 2022-08-16
Reiterated by Jefferies Financial LLC Buy USD 150 2022-07-29
Maintains Raymond James Capital Outperform USD 150 » USD 140 2022-07-27

9. Page 8 of 10 Any information in this report is not , and should not be regarded as investment advice or as a recommendation regarding any particular security or course of
action. We recommend seeking a licensed professional for investment advice.
WMT:NYE (Walmart Inc)
Discount Stores | | Common Stock
Stock Target Advisor
Detailed Stock Report
Report Date: 6th October, 2022
Annual Financial (USD)

10. Page 9 of 10 Any information in this report is not , and should not be regarded as investment advice or as a recommendation regarding any particular security or course of
action. We recommend seeking a licensed professional for investment advice.
WMT:NYE (Walmart Inc)
Discount Stores | | Common Stock
Stock Target Advisor
Detailed Stock Report
Report Date: 6th October, 2022
Quarterly Financial (USD)

11. Page 10 of 10 Any information in this report is not , and should not be regarded as investment advice or as a recommendation regarding any particular security or course of
action. We recommend seeking a licensed professional for investment advice.
WMT:NYE (Walmart Inc)
Discount Stores | | Common Stock
Stock Target Advisor
Detailed Stock Report
Report Date: 6th October, 2022
Largest Industry Peers for Discount Stores
Symbol Company Name Price(Change) Market Cap
TGT Target Corporation -0.55 (-0.4%) USD 70.62B
DG Dollar General Corporation -2.41 (-1.0%) USD 55.60B
BJ BJs Wholesale Club Holdings In.. -2.22 (-3.0%) USD 9.84B
BIG Big Lots Inc -0.32 (-1.8%) USD 0.52B
2651 Lawson Inc N/A N/A
2782 Seria Co Ltd N/A N/A
7532 Pan Pacific International Hold.. N/A N/A
ETFs Containing WMT
Symbol Company Name Weight Mer Price(Change) Market Cap
H41I:F HSBC ETFs Public Limited Compa.. 1.41 % 0.00 % N/A USD 0.10B
HEWA:LSE HSBC ETFs Public Limited Compa.. 1.41 % 0.00 % N/A USD 0.10B
H41I:XETRA HSBC Economic Scale Worldwide .. 1.41 % 0.00 % N/A USD 0.10B
UKCO:LSE SSgA SPDR Barclays Cap Sterlin.. 0.50 % 0.00 % -0.65 (0.0%) USD 0.29B
SYBS:XETRA SSgA SPDR Barclays Cap Sterlin.. 0.38 % 0.00 % -0.69 (0.0%) USD 0.29B
SYBS:F SSgA SPDR ETFs Europe I Public.. 0.38 % 0.00 % -0.77 (0.0%) USD 0.29B
IS07:F iShares IV Public Limited Comp.. 0.00 % 0.00 % +0.04 (+0.0%) N/A
UBUW:F UBS (Irl) ETF Public Limited C.. 0.00 % 0.00 % +0.16 (+0.0%) USD 0.05B
UBUV:F UBS (Irl) ETF Public Limited C.. 0.00 % 0.00 % +0.01 (+0.0%) USD 9.16M
UBUS:F UBS (Irl) ETF Public Limited C.. 0.00 % 0.00 % +0.17 (+0.0%) USD 0.48B
The Stock Target Advisor platform run millions of calculations every day on over 30,000 Canadian and American stocks, comparing and
ranking their financial and market performance against their sectors and exchange.
We represent the percentile ranking using the following grading system.
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%