|Day's Range||78.29 - 79.00|
|52 Week Range||65.28 - 79.44|
|PE Ratio (TTM)||17.97|
|Dividend & Yield||2.04 (2.59%)|
|1y Target Est||N/A|
MKM Partners Wal-Mart Stores is not going to let Amazon.com own the online retail narrative. Wal-Mart (WMT) turned e-commerce up a few notches last fall with the $3.3 billion acquisition of Jet.com. While these small acquisitions are immaterial to the overall balance sheet, they give Wal-Mart access to some of the best intellectual capital in retail today in our view and demonstrate the company’s determination to be an e-commerce leader/innovator.
E-commerce companies reported a healthy rise in earnings. But growth has come at the cost of operating margins for some.
Walmart (WMT) stock rose 5% in the two trading days following the company’s better-than-expected fiscal 1Q18 earnings per share.