Yahoo Finance | EN590 Commodities
EN590 Commodities GroupMarket Analysis 2026-08-24T02:47:00+00:00
Walmartjust handed Wall Street a mixed bag. Despite rising revenue and profits, shares of the big-box retailer fell more than 9%, following its recent quarterly results. Soon after,JPMorganadjusted its stock price target for Walmart (WMT). At the time of writing, WMT stock trades around $104. Valued at a market cap of $825 billion, Walmart has returned more than 400% to shareholders over the past decade, after adjusting for dividend reinvestments. The stock's decade-long outperformance has meant it trades at 35x forward earnings, which is steep for a companyprojected to grow earningsat a compounded annual rate of 8.7% over the next five years. Related: Walmart shoppers must consider one major shift coming to prices By comparison,Walmart's10-year average P/E multiple is much lower at 25x. J
About EN590 Commodities Group
25+ years in mineral exploration and extraction. 15+ years of global commodity trading. Based in New York, USA serving 75+ countries.