Is Walmart Stock a Buy After Earnings Beat?

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 35 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 53%

Walmart Inc اخبار

Home Depot Inc

Stocks Analysis by ValueWalk (Dave Kovaleski) covering: Walmart Inc, Home Depot Inc. Read ValueWalk (Dave Kovaleski)'s latest article on Investing.com

Revenue surged 5% to $169.3 billion in the second quarter, which was ahead of estimates of $168.6 billion.

In addition, Walmart International made $30 billion in the quarter, up 7%, with eCommerce sales up 18% and advertising revenue up 23%. Operating income rose 16% year-over-year. Further, Sam’s Club revenue increased 5% to $23 billion while its operating income jumped 12%. In addition, earnings per share was boosted to a range of $2.35 to $2.43 for the full year, up from the previous $2.23 to $2.37 EPS. The upper end of the new range is in line with analysts’ expectations.

The stock is already up 39% so how much run does it have left? With a P/E of 29 and a forward P/E of 28, its valuation is a bit on the high side, but its price-to-sales ratio is low at 0.85.

 

از نظر شما متشکرم. نظر شما پس از بررسی منتشر خواهد شد.
این خبر را خلاصه کرده ایم تا بتوانید سریع آن را بخوانید. اگر به خبر علاقه مند هستید، می توانید متن کامل را اینجا بخوانید. ادامه مطلب:

 /  🏆 450. in İR

ایران آخرین اخبار, ایران سرفصلها

Similar News:همچنین می توانید اخبار مشابهی را که از منابع خبری دیگر جمع آوری کرده ایم، بخوانید.

Is Discover Financial a Buy Following a70% Earnings Spike?Stocks Analysis by ValueWalk (Dave Kovaleski) covering: Discover Financial Services, Capital One Financial Corporation. Read ValueWalk (Dave Kovaleski)'s latest article on Investing.com
منبع: Investingcom - 🏆 450. / 53 ادامه مطلب »

How the Stock Market Has Fared Under BidenStocks Analysis by ValueWalk (Dave Kovaleski) covering: S&P 500, NASDAQ Composite. Read ValueWalk (Dave Kovaleski)'s latest article on Investing.com
منبع: Investingcom - 🏆 450. / 53 ادامه مطلب »

Is This Warren Buffett Stock a Buy After Q2 Earnings Beat?Stocks Analysis by ValueWalk (Dave Kovaleski) covering: Moodys Corporation, Berkshire Hathaway B, Berkshire Hathaway Inc Class A. Read ValueWalk (Dave Kovaleski)'s latest article on Investing.com
منبع: Investingcom - 🏆 450. / 53 ادامه مطلب »

Meta Earnings: Stock Up, but Plenty of Room to RunStocks Analysis by ValueWalk (Dave Kovaleski) covering: Meta Platforms Inc. Read ValueWalk (Dave Kovaleski)'s latest article on Investing.com
منبع: Investingcom - 🏆 450. / 53 ادامه مطلب »

Is Now the Right Time to Buy Value Stocks?Market Overview Analysis by ValueWalk (Dave Kovaleski) covering: Nasdaq 100, S&P 500, Bank of America Corp, Alphabet Inc Class A. Read ValueWalk (Dave Kovaleski)'s latest article on Investing.com
منبع: Investingcom - 🏆 450. / 53 ادامه مطلب »