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Earnings Growth & Price Strength Make Walmart (WMT) a Stock to Watch

Zacks Equity Research
·2-min read

Kickstarting your investment journey can be both exciting and scary at the same time, and if you're new to investing, you may not know where to even begin. However, one thing is for certain -- stocks set to beat the market over the next 12 months serve as the perfect foundation for any kind of investor.

Now, let's take a deep dive into a great stock that could be just the right addition to your portfolio.

Why You Should Pay Attention to Walmart (WMT)

Walmart Inc. has evolved from just being a traditional brick-and-mortar retailer into an omnichannel player. In this regard, acquisitions; partnerships; delivery programs like Walmart + and Express Delivery; and investment in online e-commerce platform Flipkart are noteworthy. These position the company to keep pace with the changing retail ecosystem and stay firm in the presence of rivals like Amazon and Target. Markedly, Walmart’s product offerings include almost everything from grocery to cosmetics, electronics to stationery, home furnishings to health and wellness products, and apparel to entertainment products, to name a few.

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On May 30, 2017, WMT was added to the Zacks Focus List at $26.04 per share. Shares have increased 129.3% to $59.71 since then.

For fiscal 2025, one analyst revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.02 to $2.36. WMT boasts an average earnings surprise of 7.3%.

Moreover, analysts are expecting Walmart's earnings to grow 6.3% for the current fiscal year.

Since stock prices respond to earnings estimate revisions, it can be very profitable to buy stocks with an increased earnings outlook. By buying a Focus List stock like WMT, then, you're likely getting into a company whose future earnings estimates will be raised, potentially leading to price momentum.

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Walmart Inc. (WMT) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research