US NYSE stock alert
Afternoon Alert: Walmart increases 0.4%, leads Broadline retailers sector higher 17 August 2018 13:00 EDT
NEWS BITES - NORTH AMERICA
Walmart Inc. (NYSE:WMT) has increased 0.4% to trade at $US99.03 vs. the Broadline retailers sector which strengthened 9.5 points (or 0.5%) to 1,787.7. Representing a weighting of about 83.5% of the sector, the stock accounted for 62.3% of today's gain. The shares have outperformed 94% of the market in the past week.
Current indications of bullish signals that support the trend in the unusual trading:
+ The positive 2.15 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.
+ In the NYSE market, the stock's relative price strength percentile is improving at 54 for 6 months, 85 for 3 months and 89 for 1 month.
+ The price jumped 9.8% in the last week and soared 12.3% in the last month.
Other Bullish Signals include:
+ Interest cover is less leveraged at 7.5 times.
+ Tobin's Q Ratio is 1.4. Compared with the rest of the market the stock is undervalued.
+ Net Profit margin is positive and has seen consecutive rises in recent quarters.
Walmart today is at a discount of 9.4% to the 12-month high of $US109.29 on 29 Jan, 2018. It is at a premium of 29.3% to the 12-month low of $US76.61 on 02 Oct, 2017.
Net profit margin has averaged 2.7% in the last 3 years. This suggests the company is less profitable with a low margin of safety.
As per the Du Pont analysis, Return on Equity of 12.7% is lower than sector average of 13.2%.
Earnings per share growth rate has been negative in recent years.
Fundamental measures by comparison with the sector average [in brackets] indicate:
Dividend yield of 2.1% [2.9%]
Price/Earnings of 33.0 [28.1]
Walmart Inc. (N:WMT)