Wal-Mart Stores (WMT) : Earnings Whisper

Wal-Mart Stores Inc. (WMT) is set to release its second-quarter 2016 results before the open of the trading session on Tuesday, Aug 18. Checking in on the numbers, the consensus is expecting a profit of $1.12 per share from Wal-Mart, down from $1.21 in the same quarter last year. Revenue is seen increasing marginally from $119.3 million to $119.78 million. Meanwhile, Earningswhispers.com expects the company to report earnings per share of $1.13.

As a quick reminder, Wal-Mart reported 1Q/16 EPS of $1.03, $0.01 worst than the Street’s consensus estimate. Revs came in at $114.8 million versus the $116.3 million consensus.

On valuation measures, Wal-Mart Stores Inc. shares are priced at 14.48x this year’s forecasted earnings, compared to the industry’s 19.06x earnings multiple. The company’s current year and next year EPS growth estimates stand at (5.9%) and 4.60% compared to the industry growth rates of 10% and 20.20%, respectively. WMT has a t-12 price-to-sales ratio of 0.48. EPS for the same period registers at $4.98.

In terms of share statistics, Wal-Mart Stores Inc. has a total of 3.22 billion shares outstanding with 51.24% held by insiders and 30.40% held by institutions. The stock’s short interest currently stands at 1.51%, bringing the total number of shares sold short to 23.79 million.

Wal-Mart shares have declined 1.29% in the last 4 weeks and 8.03% in the past three months. Over the past 5 trading sessions the stock has gained 1.59%. The name, currently valued at $232.11 billion, has a median Wall Street price target of $80.00 with a high target of $90.

Offering a dividend yield of 2.73%, shares of Bentonville, Arkansas-based retailer are down 0.27% year-over-year, compared with a 6.08% gain in the S&P 500.

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