|Bid||0.00 x 900|
|Ask||100.48 x 800|
|Day's Range||98.86 - 100.00|
|52 Week Range||81.78 - 106.21|
|Beta (3Y Monthly)||0.64|
|PE Ratio (TTM)||57.10|
|Earnings Date||Feb 19, 2019|
|Forward Dividend & Yield||2.08 (2.11%)|
|1y Target Est||107.00|
Retail's on the rise, as major retailers prepare to report earnings next week. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Brian Kelly, Steve Grasso and Guy Adami.
Investing.com - Markets will be keeping abreast of the next round of trade discussions between the U.S. and China in Washington this week, as the two sides race to reach a deal that would avert a tariff increase on Chinese goods by March 1.
Walmart is scheduled to report fiscal fourth-quarter financial results Tuesday before the market’s open. Here’s a snapshot of Wall Street’s expectations and some recent history.
Microsoft, Cisco and Walmart hit buy zones Friday. But the Dow Jones stocks share some flaws. Walmart earnings are due Tuesday.
, while increasing revenue growth, Walmart has taken a hit to net income. The trend is also true on a diluted earnings per share basis, which declined 25% in fiscal 2018. This is largely thanks to the long-term performance of the company, and the loyalty that comes with it.
The stock is 7.2% below its Nov. 12 high of $106.21. This dual-volatility since the beginning of 2018 was primarily caused by the retailer's challenge to compete with Amazon.com Inc. As a consumer, 95% of my shopping is on Amazon Prime.
A positive consumer sentiment report for February also buoyed investor sentiment, which told a different tale than the poor consumer confidence report for December that we mentioned yesterday. As I mentioned, yesterday's report may have been compromised by the government shutdown last month, as well as lackluster holiday sales.
A short week on Wall Street brings a fairly light earnings slate, with one huge Dow component arriving at an anxious time for the retail sector.
After the stock pullback, our 7.3% five-year industry forecast is about 325 basis points or 1.75 times above the 4% five-year market-implied growth on our reverse analysis—as well as the developing story of Constellation’s significant investment in Canadian cannabis-products developer Canopy Growth. The maker and marketer of performance apparel and footwear delivered a low-quality fourth-quarter beat, with adjusted EPS of nine cents coming in ahead of our three-cent estimate and its consensus estimate at four cents. Gross margin expansion of some 160 basis points was also relatively in line with our estimate, reflecting mixed benefits (channel, region), lower product costs, lower promotions, and lower air freight.
CNBC's Jim Cramer eyes the week ahead, which will feature earnings reports from Walmart, CVS and more. "If we get a [trade] deal ... I think the stocks of many international companies ... can rally because at this point the earnings estimates are too low," Cramer says. Norwegian Cruise "could be the standout that potentially reignites the whole group, which is dirt cheap," the "Mad Money" host says.
Toymakers Mattel Inc. and Jakks Pacific Inc. both have announced merchandising deals with major movie franchises, with Mattel teaming with Illumination and Universal Brand Development on "Despicable Me” toys and Jakks aligning with Warner Bros.’ Godzilla franchise.