Walmart Inc. (WMT) Company Profile & Facts - Yahoo Finance (2024)

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What is the profile of the Walmart company? ›

Founded in Arkansas in 1962 by brothers Sam and James “Bud” Walton, Walmart Inc. is a chain of stores, usually very large in size (referred to as “supercenters” or “hypermarkets” in company lingo), that sells everything: clothing, fragrance, footwear, jewelry, accessories, cosmetics, home furnishings, groceries (the ...

Walmart stock price stood at $68.01

According to the latest long-term forecast, Walmart price will hit $70 by the middle of 2024 and then $90 by the middle of 2025. Walmart will rise to $95 within the year of 2026, $100 in 2027, $110 in 2028, $125 in 2029 and $150 in 2030.

Jim Walton owns the most shares of Walmart (WMT). The ownership structure can impact the company's decision making, as large institutional investors may exert influence on the company's management and can also affect the company's stock price with their buying and selling patterns.

Based on analyst ratings, Walmart's 12-month average price target is $73.12. Walmart has 8.17% upside potential, based on the analysts' average price target. Walmart has a consensus rating of Strong Buy which is based on 25 buy ratings, 3 hold ratings and 0 sell ratings.

It is a publicly traded family-owned business, as the company is controlled by the Walton family. Sam Walton's heirs own over 50 percent of Walmart through both their holding company Walton Enterprises and their individual holdings.

As of January 2023, Walmart is the largest retailer in the world, with 10,623 stores and 380 distribution facilities in 27 countries. Its revenues since 2022 have exceeded $600 billion a year. More than 58% of its revenue comes from in-store grocery purchases.

Ten Year Stock Price Total Return for Walmart is calculated as follows: Last Close Price [ 67.02 ] / Adj Prior Close Price [ 20.42 ] (-) 1 (=) Total Return [ 228.3% ] Prior price dividend adjustment factor is 0.81.

The company's resilience, innovative strategies and steady expansion make it a brilliant investment in the long term. Perfect for those who want growth and stability in times of high inflation and expensive prices. Walmart stock could be a valuable addition to your 2024 portfolio.

For the first time in over 20 years, retail giant Walmart (NYSE: WMT) executed a stock split with shares trading on a post-split basis as of Feb. 26. The company's decision to do a 3-for-1 split was motivated in part by a desire to ensure shares remained affordable for employees, also known as associates.

However, when it comes to the ownership of Walmart stores in America, there is no evidence to suggest that China holds any ownership stake. Walmart, a multinational retail corporation, was founded by Sam Walton in 1962 and is still largely controlled by the Walton family.

Does Warren Buffett own Walmart? ›

World's third richest person Warren Buffet's Berkshire Hathaway has sold its last Walmart shares, ending a relationship of over 20 years. The world's largest retailer was once among Berkshire's five biggest equity holdings as recently as 2014, valued at over $5 billion.

Lockheed Martin Corp has a consensus rating of Hold which is based on 3 buy ratings, 9 hold ratings and 1 sell ratings. The average price target for Lockheed Martin Corp is $486.85. This is based on 13 Wall Streets Analysts 12-month price targets, issued in the past 3 months.

Intrinsic Value. The intrinsic value of one WMT stock under the Base Case scenario is 49.3 USD. Compared to the current market price of 67.6 USD, Walmart Inc is Overvalued by 27%.

More than 400,000 employees currently participate in Walmart's Associate Stock Purchase Plan, which allows eligible associates to purchase stock through payroll deductions and provides a 15 percent company match on the first $1,800 each year, Walmart said.

Walmart has about 4,600 locations in the US and made over $648 billion in sales last year. The company also has among the highest customer loyalty for leading retail brands. Walmart's average customer is a white baby boomer who owns her home and earns less than $80K per year.

Every Day Low Prices on a Broad Assortment - Anytime, Anywhere. Every Day Low Price (EDLP) is the cornerstone of our strategy, and our price focus has never been stronger. Today's customer seeks the convenience of one-stop shopping that we offer.

Walmart's organizational structure is a carefully crafted framework designed to support the company's expansive operations. At its core, Walmart employs a hierarchical structure that streamlines decision-making processes and establishes clear lines of authority.

Our company's mission is to save people money so they can live better. By running an every day low cost company, we deliver every day low prices on great merchandise — and help customers around the world provide for their families.