Wal-Mart Canada's sales soften in fourth quarter

Brick-and-mortar Walmarts also did well but online sales were particularly strong

Wal-Mart Stores Inc. (NYSE:WMT) reports its Earnings on Tue 21 Feb (In 3 Days). (NYSE:WMT) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. A P/B ratio of less than 1.0 can indicate that a stock is undervalued, while a ratio of greater than 1.0 may indicate that a stock is overvalued.

Several hedge funds and other institutional investors have recently made changes to their positions in WMT.

Shares of Wal-Mart Stores Inc (NYSE:WMT) inclined 0.73% to $69.37. But the strength of the company's US store business continues to come at the expense of profits, which fell 18% in the quarter. "New technology and apps are providing real-time information to improve our in-stock levels and better manage inventory, which is down 7% this quarter versus past year on a comp-store basis".

Unlike Wal-Mart's already existing fuel kiosks throughout the country that are 200 and 1,400 square feet, this larger, 2,500-square-foot store sells more than gas and candy bars.

Wal-Mart Stores (NYSE:WMT) last announced its quarterly earnings data on Tuesday, February 21st.

Many research firms have provided their ratings on Wal-Mart Stores Inc. The beta, which indicates risk in relegation to the market, remained 0.13. The company reported $0.98 EPS for the quarter, beating the analyst consensus estimate by $ 0.02. Wal-Mart Stores had a net margin of 2.98% and a return on equity of 17.71%. The business had revenue of $118.20 billion for the quarter, compared to analyst estimates of $118.69 billion. Sam's Club comps rose 2.4%, smashing the company's meager guidance of 1.0% to 1.5% growth. The firm's revenue was up.5% on a year-over-year basis.

In case of Revenue Estimates, 23 analysts have provided their consensus Average Revenue Estimates for Wal-Mart Stores Inc.as 131.22 Billion.

This report was posted by BBNS and is the sole property of of BBNS. If you are viewing this story on another site, it was illegally stolen and republished in violation of USA & worldwide trademark & copyright laws. BKS Advisors LLC purchased a new stake in shares of Wal-Mart Stores during the third quarter valued at about $110,000. 09, 2016, the shares were put up for sale at an average price of $71.44, raking in a sum of $150,024,000.

Besides melding its online and store businesses so shoppers can jump back and forth, Wal-Mart has launched changes created to make its stores cleaner and its customer service friendlier and faster. Wal-Mart Stores was Resumed by Stifel on Jan 20, 2017 to Hold, Price Target of the shares are set at $70. They set a positive rating and a $80.00 price target for the company. Five analysts have rated the stock with a sell rating, twenty-two have assigned a hold rating and nine have assigned a buy rating to the company. 29 Analysts reported that the Price Target for Wal-Mart Stores Inc. might touch $90 high while the Average Price Target and Low price Target is $73.94 and $60 respectively. Its Executive Vice President BREWER ROSALIND G sold 32,350 company shares for 2210150, in a transaction on 2017-01-05.

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