Somewhat Positive News Coverage Somewhat Unlikely to Affect Wal-Mart Stores (WMT) Stock Price

News headlines about Wal-Mart Stores (NYSE:WMT) have trended somewhat positive on Tuesday, according to Accern. Accern scores the sentiment of press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Wal-Mart Stores earned a coverage optimism score of 0.14 on Accern’s scale. Accern also assigned media coverage about the retailer an impact score of 45.7223219104542 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

These are some of the news headlines that may have impacted Accern’s scoring:

Wal-Mart Stores (WMT) traded down $0.34 during trading on Tuesday, reaching $97.01. The company’s stock had a trading volume of 8,956,500 shares, compared to its average volume of 8,949,993. The company has a quick ratio of 0.19, a current ratio of 0.81 and a debt-to-equity ratio of 0.52. Wal-Mart Stores has a twelve month low of $65.28 and a twelve month high of $100.13. The company has a market capitalization of $289,840.00, a P/E ratio of 22.23, a price-to-earnings-growth ratio of 3.59 and a beta of 0.37.

Wal-Mart Stores (NYSE:WMT) last released its earnings results on Thursday, November 16th. The retailer reported $1.00 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.97 by $0.03. Wal-Mart Stores had a return on equity of 16.92% and a net margin of 2.31%. The business had revenue of $122.14 billion for the quarter, compared to the consensus estimate of $120.23 billion. During the same period in the previous year, the company posted $0.98 earnings per share. The company’s revenue for the quarter was up 4.2% compared to the same quarter last year. equities analysts expect that Wal-Mart Stores will post 4.43 EPS for the current fiscal year.

Wal-Mart Stores declared that its Board of Directors has initiated a share repurchase plan on Tuesday, October 10th that allows the company to buyback $20.00 billion in outstanding shares. This buyback authorization allows the retailer to purchase shares of its stock through open market purchases. Shares buyback plans are typically an indication that the company’s board of directors believes its stock is undervalued.

Several equities analysts have recently issued reports on WMT shares. Cowen set a $86.00 target price on Wal-Mart Stores and gave the company a “buy” rating in a research note on Monday, August 7th. Jefferies Group set a $93.00 target price on Wal-Mart Stores and gave the company a “buy” rating in a research note on Thursday, August 17th. Oppenheimer reissued a “buy” rating and set a $90.00 target price on shares of Wal-Mart Stores in a research note on Friday, August 18th. Robert W. Baird set a $85.00 target price on Wal-Mart Stores and gave the company a “buy” rating in a research note on Monday, August 21st. Finally, KeyCorp reissued a “buy” rating and set a $90.00 target price on shares of Wal-Mart Stores in a research note on Tuesday, September 19th. One research analyst has rated the stock with a sell rating, twenty-one have assigned a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $92.68.

In other news, major shareholder Alice L. Walton sold 1,652,342 shares of the company’s stock in a transaction on Wednesday, September 6th. The stock was sold at an average price of $79.35, for a total transaction of $131,113,337.70. Following the transaction, the insider now directly owns 6,748,580 shares of the company’s stock, valued at $535,499,823. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director S Robson Walton sold 826,617 shares of the company’s stock in a transaction on Wednesday, November 22nd. The shares were sold at an average price of $96.39, for a total value of $79,677,612.63. Following the transaction, the director now directly owns 3,345,065 shares in the company, valued at $322,430,815.35. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 14,206,814 shares of company stock worth $1,315,588,329. Corporate insiders own 51.39% of the company’s stock.

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About Wal-Mart Stores

Wal-Mart Stores, Inc is engaged in the operation of retail, wholesale and other units in various formats around the world. The Company operates through three segments: Walmart U.S., Walmart International and Sam’s Club. The Walmart U.S. segment includes its mass merchant concept in the United States operating under the Walmart or Wal-Mart brands, as well as digital retail.

Insider Buying and Selling by Quarter for Wal-Mart Stores (NYSE:WMT)

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