Walmart (NYSE:WMT) reported quarterly earnings of $1.80 per share which beat the analyst consensus estimate of $1.65 by 9.09 percent. The company reported quarterly sales of $173.40 billion which beat the analyst consensus estimate of $170.71 billion by 1.58 percent. This is a 5.70 percent increase over sales of $164.05 billion the same period last year.
Walmart Sees Q1 Consolidated Net Sales Up 4-5% (Leap Year Estimated to Benefit Approximately 100bps), Sees FY24 Consolidated Net Sales Up 3-4%
Walmart Sees Q1 2024 Consolidated Net Sales Up 4-5% Read Post »
Walmart Sees Q1 2025 Adj. EPS $1.48-$1.56 On Pre-Split Basis (Consensus $1.48), Sees Adj. EPS $0.52 On Post-Split Basis; Sees FY25 Adj. EPS $6.70-$7.12 Pre-Split (Consensus $6.55), Sees Adj. EPS $2.23-$2.37 Post-Split.
Walmart Sees Q1 2024 Adj. EPS $1.48-$1.56 VS Consensus $1.48 Read Post »
Synopsys (NASDAQ:SNPS) Stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 02/20/2024 11.41% Rosenblatt $570 → $615 Maintains Buy 01/17/2024 19.57% Needham $660 → $660 Maintains Buy 01/04/2024 17.75% B of A Securities $650 → $650 Maintains Buy 12/13/2023 14.13% Wells Fargo $620 → $630 Maintains Overweight 12/01/2023 3.26% Rosenblatt $485 → $570 Maintains Buy 11/30/2023 6.88% Baird $506 → $590 Maintains Outperform 11/30/2023 12.32% Stifel $550 → $620 Maintains Buy 11/30/2023 12.32% Wells Fargo $600 → $620 Maintains Overweight 11/30/2023 19.57% Needham $500 → $660 Maintains Buy 11/30/2023 22.28% Keybanc $600 → $675 Maintains Overweight 11/29/2023 17.75% B of A Securities → $650 Maintains Buy 11/27/2023 -0.36% Stifel → $550 Reiterates Buy → Buy 11/27/2023 8.7% Keybanc $540 → $600 Maintains Overweight 11/21/2023 8.7% Wells Fargo → $600 Maintains Overweight 11/10/2023 8.7% Morgan Stanley → $600 Initiates Coverage On → Overweight 10/13/2023
Synopsys (NASDAQ:SNPS) Stock Analyst Ratings Read Post »
Walmart CFO Said We Saw Better Than Expected Holiday Sales, Including 2 Record Breaking Volume Days Leading Up To Christmas -Conf Call.
Walmart CFO Said We Saw Better Than Expected Holiday Sales Read Post »
Chipotle Mexican Grill, Inc. (NYSE: CMG) Stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 02/20/2024 -99.65% Barclays $8 → $9 Maintains Underweight 02/07/2024 -3.79% Morgan Stanley $2284 → $2500 Maintains Equal-Weight 02/07/2024 3.91% Stifel $2560 → $2700 Maintains Buy 02/07/2024 12.37% Truist Securities $2700 → $2920 Maintains Buy 02/07/2024 -7.64% Barclays $2246 → $2400 Maintains Equal-Weight 02/07/2024 11.6% TD Cowen $2650 → $2900 Maintains Outperform 02/07/2024 5.83% Keybanc $2250 → $2750 Maintains Overweight 02/07/2024 16.07% Citigroup $2699 → $3016 Maintains Buy 02/07/2024 -7.64% Wedbush → $2400 Reiterates Neutral → Neutral 02/07/2024 15.45% Stephens & Co. $2800 → $3000 Maintains Overweight 02/07/2024 -7.64% BMO Capital $2100 → $2400 Maintains Market Perform 02/07/2024 7.75% Wells Fargo $2600 → $2800 Maintains Overweight 02/02/2024 -1.48% Stifel $2450 → $2560 Maintains Buy 01/25/2024 -1.87% Raymond James $2450 → $2550 Maintains Outperform 01/24/2024 3.87% Citigroup $2292 → $2699
Chipotle Mexican Grill, Inc. (NYSE: CMG) Stock Analyst Ratings Read Post »
Walmart Inc (NYSE:WMT) reported fourth-quarter FY24 net sales growth of 5.7% year-over-year to $173.39 billion, beating the consensus of $170.71 billion. Adjusted EPS was $1.80, beating the consensus of $1.65. The stock price gained after the results. Net sales from Walmart U.S. increased 3.4% Y/Y, Walmart International rose 17.6%, and Sam’s Club U.S. was up 2.0%. Walmart’s total U.S. comp sales (ex-fuel) grew by 4.0%, with growth in eCommerce of 17%, led by pickup & delivery. Walmart U.S. Operating income rose 12.9% Y/Y to $6.1 billion, and the margin expanded by 44 bps to 5.2%. Consolidated operating income rose by $1.7 billion, or 30.4%; adjusted operating income up 13.2%, positively affected by currency and LIFO of 2.3% and 1.0%, respectively. The consolidated gross margin rate was up 39 bps, positively affected by a slight improvement for Walmart U.S. The company held $9.9 billion in cash and equivalents. M&A: Walmart agrees to buy VIZIO
Home Depot Exec Says “We Are Planning For A Year Of Continued Moderation But With Slightly Less Pressure To Comp Sales Than What We Faced In Fiscal 2023”.
Home Depot Exec Says “We Are Planning For A Year Of Continued Moderation” Read Post »
MongoDB, Inc. (NASDAQ: MDB) Stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 02/20/2024 8.58% Truist Securities $440 → $500 Maintains Buy 02/14/2024 17.92% Keybanc $500 → $543 Maintains Overweight 01/26/2024 -12.05% DA Davidson → $405 Initiates Coverage On → Neutral 01/22/2024 -4.45% JMP Securities → $440 Reiterates Market Outperform → Market Outperform 01/17/2024 7.49% Needham → $495 Reiterates Buy → Buy 01/04/2024 -10.97% UBS $475 → $410 Downgrades Buy → Neutral 12/06/2023 -8.79% Mizuho $330 → $420 Maintains Neutral 12/06/2023 3.15% RBC Capital $445 → $475 Maintains Outperform 12/06/2023 3.8% Barclays $470 → $478 Maintains Overweight 12/06/2023 7.49% Needham $445 → $495 Maintains Buy 12/06/2023 8.58% Piper Sandler $425 → $500 Maintains Overweight 12/04/2023 -2.28% Stifel → $450 Reiterates Buy → Buy 11/16/2023 8.58% Wells Fargo → $500 Initiates Coverage On → Overweight 11/13/2023 -6.62% Truist Securities → $430 Reiterates Buy →
MongoDB, Inc. (NASDAQ: MDB) Stock Analyst Ratings Read Post »
Snowflake (NYSE:SNOW) Stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 02/20/2024 10.13% Truist Securities $230 → $250 Maintains Buy 02/15/2024 -5.73% HSBC → $214 Downgrades Buy → Hold 02/02/2024 -1.77% Raymond James $190 → $223 Maintains Outperform 01/22/2024 -6.61% JMP Securities → $212 Reiterates Market Outperform → Market Outperform 01/16/2024 1.32% Truist Securities $210 → $230 Maintains Buy 01/12/2024 -12.78% Barclays → $198 Downgrades Overweight → Equal-Weight 01/08/2024 -0.89% Needham → $225 Reiterates Buy → Buy 01/05/2024 1.32% RBC Capital → $230 Initiates Coverage On → Outperform 01/04/2024 -29.52% Monness, Crespi, Hardt → $160 Downgrades Neutral → Sell 01/02/2024 10.13% Piper Sandler $220 → $250 Maintains Overweight 12/11/2023 1.32% TD Cowen $215 → $230 Maintains Outperform 12/01/2023 -16.3% Rosenblatt $170 → $190 Maintains Neutral 11/30/2023 -0.44% Scotiabank $194 → $226 Maintains Sector Outperform 11/30/2023 -16.3% Raymond James $170 → $190 Maintains Outperform
Snowflake (NYSE:SNOW) Stock Analyst Ratings Read Post »
Walmart is one of the most mentioned companies in the U.S. across all news items in the last 12 hours, according to Factiva data. Walmart reported fiscal fourth-quarter profit that beat expectations, and announced an agreement to buy Vizio Holding in a deal valued at $2.3 billion. Net income for the quarter to Jan. 31 fell to $5.49 billion, or $2.03 a share, from $6.28 billion, or $2.32 a share, in the same period a year ago. Excluding nonrecurring items, adjusted earnings per share of $1.80 beat the FactSet consensus of $1.64. Dow Jones & Co. owns Factiva.
Walmart Beats 4Q 2023 Expectations, to Buy Vizio Read Post »
Accenture (NYSE:ACN) Stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 02/20/2024 2.32% RBC Capital → $374 Reiterates Outperform → Outperform 02/14/2024 -0.42% Baird $344 → $364 Maintains Neutral 01/30/2024 16.54% Mizuho → $426 Initiates Coverage On → Buy 01/25/2024 9.43% UBS $365 → $400 Maintains Neutral 01/24/2024 9.43% Morgan Stanley $369 → $400 Maintains Overweight 12/20/2023 5.33% BMO Capital $350 → $385 Maintains Market Perform 12/20/2023 -0.14% UBS $333 → $365 Maintains Neutral 12/14/2023 -1.51% Wedbush $330 → $360 Maintains Outperform 11/16/2023 12.17% Redburn Atlantic → $410 Initiates Coverage On → Buy 11/07/2023 -8.9% UBS → $333 Initiates Coverage On → Neutral 09/29/2023 -6.98% RBC Capital → $340 Reiterates Outperform → Outperform 09/29/2023 -4.25% BMO Capital $360 → $350 Maintains Market Perform 09/29/2023 -17.93% TD Cowen $312 → $300 Maintains Market Perform 09/29/2023 -11.91% Baird $332 → $322 Maintains Neutral 09/29/2023 -17.93%
Accenture (NYSE:ACN) Stock Analyst Ratings Read Post »