Is Buying Stock Like Wal-Mart Stores, Inc. Good Idea After Today’s Bullish Options Activity?

 Is Buying Stock Like Wal Mart Stores, Inc. Good Idea After Today's Bullish Options Activity?

In today’s session Wal-Mart Stores, Inc. (WMT) registered an unusually high (1,048) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2018 call, expecting serious WMT increase. With 1,048 contracts traded and 14624 open interest for the Jan, 18 contract, it seems this is a quite bullish bet. The option with symbol: WMT180119C00072500 closed last at: $3.7 or 12.1% up. The stock increased 1.01% or $0.71 on November 23, hitting $70.83. About 7.44M shares traded hands. Wal-Mart Stores, Inc. (NYSE:WMT) has risen 3.07% since April 22, 2016 and is uptrending. It has underperformed by 2.34% the S&P500.

Analysts await Wal-Mart Stores, Inc. (NYSE:WMT) to report earnings on February, 21 before the open. They expect $1.31 EPS, down 12.08% or $0.18 from last year’s $1.49 per share. WMT’s profit will be $4.14B for 13.52 P/E if the $1.31 EPS becomes a reality. After $0.98 actual EPS reported by Wal-Mart Stores, Inc. for the previous quarter, Wall Street now forecasts 33.67% EPS growth.

Wal-Mart Stores, Inc. (NYSE:WMT) Ratings Coverage

Out of 28 analysts covering Wal-Mart Stores Inc (NYSE:WMT), 11 rate it a “Buy”, 2 “Sell”, while 15 “Hold”. This means 39% are positive. $90 is the highest target while $55 is the lowest. The $72.88 average target is 2.89% above today’s ($70.83) stock price. Wal-Mart Stores Inc has been the topic of 65 analyst reports since August 14, 2015 according to StockzIntelligence Inc. The firm earned “Buy” rating on Friday, May 20 by Nomura. The stock of Wal-Mart Stores, Inc. (NYSE:WMT) has “Neutral” rating given on Monday, November 9 by Citigroup. On Wednesday, August 19 the stock rating was maintained by Telsey Advisory Group with “Market Perform”. Sterne Agee CRT maintained Wal-Mart Stores, Inc. (NYSE:WMT) rating on Tuesday, August 18. Sterne Agee CRT has “Neutral” rating and $68 price target. The rating was initiated by KeyBanc Capital Markets with “Overweight” on Friday, September 30. The firm has “Outperform” rating by Wells Fargo given on Monday, October 26. M Partners maintained the stock with “Neutral” rating in Wednesday, November 18 report. The rating was initiated by RBC Capital Markets with “Underperform” on Tuesday, May 3. The stock of Wal-Mart Stores, Inc. (NYSE:WMT) has “Neutral” rating given on Thursday, October 15 by Credit Suisse. The stock has “Outperform” rating given by Credit Suisse on Friday, September 16.

According to Zacks Investment Research, “Wal-Mart Stores, Inc. is the world’s largest retailer. They are engaged in the operation of mass merchandising stores, which serve their customers primarily through the operation of three segments, which are the Wal-Mart Stores segment, the SAM’S Club segment and the International segment.”

Insitutional Activity: The institutional sentiment increased to 1.12 in 2016 Q2. Its up 0.22, from 0.9 in 2016Q1. The ratio improved, as 66 funds sold all Wal-Mart Stores, Inc. shares owned while 561 reduced positions. 93 funds bought stakes while 474 increased positions. They now own 896.36 million shares or 6.70% less from 960.71 million shares in 2016Q1.
Lesa Sroufe & Communications holds 3.43% of its portfolio in Wal-Mart Stores, Inc. (NYSE:WMT) for 53,660 shares. Moreover, Stewart Patten Limited Liability Company has 0.15% invested in Wal-Mart Stores, Inc. (NYSE:WMT) for 10,283 shares. Fort Point Lc has invested 0.16% of its portfolio in Wal-Mart Stores, Inc. (NYSE:WMT). Denver Investment Advsr Limited Liability holds 0.07% or 20,641 shares in its portfolio. Perkins Coie Tru holds 0% of its portfolio in Wal-Mart Stores, Inc. (NYSE:WMT) for 85 shares. Retirement Of Alabama holds 0.68% of its portfolio in Wal-Mart Stores, Inc. (NYSE:WMT) for 1.58M shares. Moreover, Blackrock has 0.39% invested in Wal-Mart Stores, Inc. (NYSE:WMT) for 3.53 million shares. Moreover, D Scott Neal has 0.07% invested in Wal-Mart Stores, Inc. (NYSE:WMT) for 1,072 shares. Wharton Business Grp Limited Liability last reported 0.08% of its portfolio in the stock. Beck Mack & Oliver Limited Liability Company owns 179,775 shares or 0.46% of their US portfolio. The United Kingdom-based Cantab Cap Ptnrs Limited Liability Partnership has invested 0% in Wal-Mart Stores, Inc. (NYSE:WMT). Essex Management Ltd Liability Co, a Massachusetts-based fund reported 4,500 shares. Ridgeworth Management, a Georgia-based fund reported 2,356 shares. The Tennessee-based Diversified Company has invested 0.42% in Wal-Mart Stores, Inc. (NYSE:WMT). Whittier Tru Of Nevada Inc has 34,629 shares for 0.29% of their US portfolio.

Insider Transactions: Since June 29, 2016, the stock had 0 buys, and 15 sales for $2.66 billion net activity. 3.50M shares were sold by WALTON S ROBSON, worth $250.14M on Thursday, August 25. Another trade for 2.10 million shares valued at $150.02M was made by WALTON ALICE L on Thursday, September 8. 1,100 shares with value of $78,606 were sold by Whaley Steven P on Friday, August 26. $5.19 million worth of Wal-Mart Stores, Inc. (NYSE:WMT) shares were sold by McMillon C Douglas. WALTON JIM C sold $250.14M worth of Wal-Mart Stores, Inc. (NYSE:WMT) on Thursday, August 25. $773,390 worth of Wal-Mart Stores, Inc. (NYSE:WMT) was sold by BREWER ROSALIND G on Wednesday, June 29.

Wal-Mart Stores, Inc. is engaged in the operation of retail, wholesale and other units in various formats around the world. The company has a market cap of $223.71 billion. The Firm offers an assortment of merchandise and services at everyday low prices . It has a 15.38 P/E ratio. The Firm operates through three divisions: Walmart U.S., Walmart International and Sam’s Club.

WMT Company Profile

Wal-Mart Stores, Inc., incorporated on October 31, 1969, is engaged in the operation of retail, wholesale and other units in various formats around the world. The Firm offers an assortment of merchandise and services at everyday low prices (EDLP). The Firm operates through three divisions: Walmart U.S., Walmart International and Sam’s Club. The Walmart U.S. segment operates retail stores in approximately 50 states in the United States, Washington D.C. and Puerto Rico, with three primary store formats, as well as digital retail. The Walmart International segment consists of activities in over 27 countries outside of the United States. The Sam’s Club consists of membership-only warehouse clubs and operates in approximately 48 states in the United States and in Puerto Rico, as well as digital retail.

More notable recent Wal-Mart Stores, Inc. (NYSE:WMT) news were published by: Foxbusiness.com which released: “Better Buy: Wal-Mart Stores Inc. vs. Target” on November 18, 2016, also Investorplace.com with their article: “Wal-Mart Stores, Inc.’s (WMT) Plan to Win Black Friday? Cyber Monday.” published on November 21, 2016, Fool.com published: “Better Buy: Costco Wholesale Corporation vs. Wal-Mart Stores, Inc.” on November 16, 2016. More interesting news about Wal-Mart Stores, Inc. (NYSE:WMT) were released by: Forbes.com and their article: “What Wal-Mart’s Battle With Workers Over A Chat App Means for Big-Box Retailers” published on November 22, 2016 as well as Investorplace.com‘s news article titled: “Buffett Bails on Wal-Mart Stores, Inc. (WMT) Stock. Should You?” with publication date: November 15, 2016.

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