Company Update: Wal-Mart Stores Inc (NYSE:WMT) – Walmart to webcast Annual Meeting of Shareholders and its question and answer session with the investment community

[Business Wire] – Wal-Mart Stores, Inc. will host its Annual Meeting of Shareholders on Friday, June 3, as well as its question and answer session with the investment community. A live webcast of both sessions will be available at stock.walmart.com. Read more on this. Wal-Mart Stores Inc. (WMT) , valued at $222.07B, opened at $70.86. During today’s session, WMT traded between $70.49 to $70.89 with the price of the stock fluctuating between $56.30 to $75.20 over the last 52 weeks. WMT shares are currently priced at 16.59x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 6.48x forward p/e ratio. And for passive income investors, the company pays shareholders $2.00 per share annually in dividends, yielding 2.84%. According to a consensus of 25 analysts, the earnings estimate of $1.02 per share would be $0.06 worse than the year-ago quarter and a $0.04 sequential increase. In looking at the bigger picture, the full-year EPS estimate of $4.27 would be a $0.32 worse when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $120.04 Billion. If realized, that would be a 0.16% decrease over the year-ago quarter. Recently, RBC Capital Mkts Initiated WMT at Underperform (May 3, 2016). Previously, Northcoast upgraded WMT from Neutral to Buy. The average price target for WMT shares by the analysts covering the stock is $68.23, which is 3.71% below where the stock opened this morning. See more in (NYSE:WMT) Similar Articles: Market Update (NYSE:WMT): Walmart Will Hold Annual Shareholders’ Meeting on June 3; Company Updates Fiscal 2017 Earnings Release Dates Stock Update: Wal-Mart Stores Inc (NYSE:WMT) – Wal-Mart Japan to focus on remodeling stores, no plans to exit market Market Update (NYSE:WMT): Wal-Mart Stores, Inc. to Present at the Raymond James 37th Annual Institutional Investors Conference