Walmart Stock Price Per Share Today: $155 and Climbing

Walmart Inc. (NYSE: WMT) is an American multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores. Headquartered in Bentonville, Arkansas, the company was founded by Sam Walton in 1962 and incorporated in 1969. Walmart is the world's largest retailer and the largest private employer in the United States.

As of the market close on August 8, 2023, Walmart's stock price was $155.01 per share. This represents a gain of 0.56% from the previous day's close of $154.15. Over the past year, Walmart's stock price has gained 10.3%, outperforming the S&P 500 index, which has gained 6.2% over the same period.

Factors Influencing Walmart's Stock Price

Several factors have contributed to Walmart's recent stock price performance, including:

• Strong financial performance: Walmart has consistently reported strong financial results, with revenue and earnings exceeding analyst expectations. In the first quarter of 2023, the company reported revenue of $141.5 billion, an increase of 2.4% year-over-year, and earnings per share of $1.30, an increase of 5.6% year-over-year.
• E-commerce growth: Walmart has been investing heavily in its e-commerce business, which has been growing rapidly. In the first quarter of 2023, Walmart's e-commerce sales increased by 10.3% year-over-year, outperforming the overall e-commerce market.
• Expansion into new markets: Walmart has been expanding into new markets, both domestically and internationally. In 2022, the company opened its first stores in Canada and is planning to open additional stores in Mexico and China in the near future.

Analysts' Outlook

Analysts are generally bullish on Walmart's stock. According to a recent survey by FactSet, 22 analysts have a "buy" rating on Walmart's stock, while 5 have a "hold" rating. The average price target among analysts is $165.00, which represents a potential upside of 6.4% from the current price.

Risks to Walmart's Stock Price

Despite the positive outlook, there are some risks that could impact Walmart's stock price, including:

• Competition: Walmart faces intense competition from other retailers, both online and offline. Amazon.com Inc. (NASDAQ: AMZN) is a major competitor in the e-commerce market, while Target Corporation (NYSE: TGT) and Kroger Co. (NYSE: KR) are major competitors in the brick-and-mortar retail market.
• Economic conditions: Walmart's financial performance is tied to the overall economy. A recession or slowdown in economic growth could lead to a decline in consumer spending and negatively impact Walmart's sales and profits.
• Regulatory changes: Walmart is subject to a variety of regulations, including those related to labor practices, environmental protection, and antitrust. Changes in these regulations could impact Walmart's operating costs and profitability.

Strategies to Invest in Walmart Stock

There are several strategies that investors can use to invest in Walmart stock, including:

• Buy and hold: This is a passive strategy that involves buying Walmart stock and holding it for the long term. This strategy is suitable for investors who believe that Walmart's stock will continue to appreciate over time.
• Dividend reinvestment: Walmart pays a quarterly dividend to its shareholders. Investors can choose to reinvest their dividends in additional shares of Walmart stock, which can help to increase their long-term returns.
• Covered calls: This is a more active strategy that involves selling call options on Walmart stock. This strategy can generate income for investors, but it also carries the risk of unlimited losses.

Common Mistakes to Avoid When Investing in Walmart Stock

There are several common mistakes that investors should avoid when investing in Walmart stock, including:

• Trying to time the market: It is impossible to predict the future direction of the stock market. Trying to time the market can lead to investors buying or selling Walmart stock at the wrong time.
• Overpaying for the stock: Walmart stock is a relatively high-priced stock. Investors should not overpay for the stock, as this can reduce their potential returns.
• Not considering the risks: Walmart stock is subject to a variety of risks. Investors should carefully consider the risks before investing in Walmart stock.

Pros and Cons of Investing in Walmart Stock

There are several pros and cons to investing in Walmart stock, including:

Pros:

• Walmart is a well-established company with a strong track record of financial performance.
• Walmart has a large and loyal customer base.
• Walmart is investing heavily in its e-commerce business.
• Walmart is expanding into new markets.

Cons:

• Walmart faces intense competition from other retailers.
• Walmart is subject to a variety of regulations.
• Walmart stock is a relatively high-priced stock.

Is Walmart Stock a Good Investment?

Whether or not Walmart stock is a good investment depends on the individual investor's risk tolerance and investment goals. Investors who are looking for a long-term investment with a potential for growth may want to consider Walmart stock. However, investors who are looking for a less risky investment with a lower potential for growth may want to consider other options.

Additional Information

In addition to the information provided above, here are some additional facts and figures about Walmart:

• Walmart is the world's largest retailer, with over 11,000 stores in 27 countries.
• Walmart employs over 2.3 million associates worldwide.
• Walmart's annual revenue is over $570 billion.
• Walmart's net income is over $20 billion.
• Walmart's market capitalization is over $400 billion.