Stock Update: Wal-Mart Stores Inc. (NYSE:WMT)

[Benzinga] Daniel Binder of Jefferies commented in a note on Wednesday that Wal-Mart Stores Inc. (NYSE:WMT), likely saw good holiday sales and that its momentum will likely continue in the near-term.

“Despite some bottlenecks due to port issues, we think the company saw good Holiday results based on our field research,” Binder wrote. “Wal-Mart likely benefited from an improving macro backdrop, lower oil prices and better weather.”

As a result of a positive holiday season, Binder is raising his fourth quarter earnings per share estimate to $1.57 from a previous $1.55. The analyst adds that enthusiasm around lower gas prices may continue even with nominal EPS growth expected in the near-term. To view the full article click here.

Wal-Mart Stores Inc. (NYSE:WMT), On 11/13/2014, WMT reported 3 quarter 2015 earnings of $1.15 per share. This result was in-line with the consensus of the 27 analysts following the company and beat last year’s 3 quarter results by 0.88%.

The next confirmed earnings announcement is expected on 02/19/2015.

WMT’s PE ratio is among the lowest of any stock in the Retail (Grocery) industry and signals that investors have not been willing to pay a premium for this company’s business prospects. However, during the past year, earnings growth has lagged its historical five year growth rate.

Wal-Mart Stores Inc. (NYSE:WMT)‘s PE ratio is among the lowest of any stock in the Semiconductors industry and signals that investors have not been willing to pay a premium for this company’s business prospects. Additionally, during the past year, earnings growth has outpaced its historical five year growth rate.

In terms of ratings, there are twenty six analysts that cover the stock which have provided Q4 2015 earnings per share estimates. The consensus anticipated number for the upcoming quarter is $1.53. The highest estimate is $1.59 while the lowest is $1.39. The company has a one year EPS growth rate of -3.28% and a five year EPS growth rate of 7.62%.

About Wal-Mart 

Wal-Mart Stores Inc. (NYSE:WMT) operates retail and other stores in various formats, including membership clubs. The Company operates through three business segments: Walmart U.S., Walmart International and Sam’s Club. The Walmart U.S. segment includes the Company’s mass merchant concept in the United States, operating under the Walmart or Wal-Mart brand with various formats, including supercenters, discount stores, Neighborhood Markets and other small stores, as well as walmart.com. The Walmart International segment consists of the Company’s operations outside of the United States, including various retail websites. Walmart International operates retail, wholesale and other types of units, including restaurants and some banks. The Sam’s Club segment includes the warehouse membership clubs in the United States, as well as samsclub.com.