FMP
Jun 10, 2024 5:19 PM - Davit Kirakosyan
JPMorgan analysts upgraded Walmart (NYSE:WMT) shares to Overweight from Neutral, raising their price target to $81 from $66 on the stock.
The bank argues that Walmart offers a solid combination of defensive and offensive strengths in both revenue and profit amidst a challenging consumer environment and an uncertain second half of 2024.
JPMorgan highlighted several positive factors for Walmart in the U.S. market, including a strong appeal to value-conscious consumers, the potential for modest inflation in grocery prices, and ongoing gains in general merchandise market share. Additionally, JPMorgan sees an underappreciated improvement in Walmart's international profitability.
Overall, JPMorgan believes Walmart's earnings estimates are achievable and anticipates an increase in the stock's valuation. They expect Walmart to achieve multi-year double-digit EPS growth driven by market share gains, benefits from alternative profit streams, and improved profitability in its international segment.
Oct 31, 2023 8:03 AM - Parth Sanghvi
Free cash flow to the firm (FCFF) and free cash flow to equity (FCFE) are two of the most important metrics used in financial modeling. Both metrics measure the amount of cash that is available to a company's shareholders and creditors, but there is a key difference between the two. FCFF measures...
Nov 25, 2023 6:39 AM - Parth Sanghvi
Choosing the Right Valuation Method: DCF vs. Comparable Companies Analysis Introduction: Valuation methods play a pivotal role in determining the fair value of a company, aiding investors in making informed investment decisions. Two commonly used methods, DCF Valuation and Comparable Companies A...
Dec 23, 2023 2:19 AM - Parth Sanghvi
Introduction: Discounted Cash Flow (DCF) analysis stands as a cornerstone in valuing investments, yet its efficacy is contingent upon various assumptions and methodologies. While a powerful tool, DCF analysis comes with inherent limitations and challenges that investors must acknowledge to make i...