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Walmart Inc.: Stock Exchange Market
Mary Williams
Financial Management
Dr. Mustafa Sayim
05/03/2022
Which stock market exchange is the company listed on?
Walmart is one of the world’s biggest retailers, founded in 1962 in the United States. It has more than 2,000 000 employees globally. It is currently listed on New York Stock Exchange (NYSE).
Look at the past three years’ worth of stock activity for your company.
What is the average stock price during that period?
The stock price for 2020 =USD117.89 (Walmart Inc (WMT) stock price & news, n.d)
Stock Price for 2021 =USD 146.63
Stock Price for 2022 =USD 144.89
Average = (117.89 + 146.63 + 144.89)/3
= USD 136.47
N/B: The stock price were indicated are for the beginning of each year (2020, 2021, 2022)
What was the high/low price?
The highest stock price was recorded in 2021. It was $146.63. The lowest price was recorded in 2020. It was $117. 89
Has the company ever initiated a stock split?
Yes, Walmart has ever initiated a stock split. The company has enacted 2-for-1 splits 11 times since it went public in 1970 at $16.50 per share (Bowman, 2017). The first stock split happened in May 1971. However, since 1999, the company has never initiated a stock split (Bowman, 2017).
How many shares of stock are outstanding? Authorized? Issued?
Walmart 2022 shares outstanding were 2.805B, a 1.48% decline from 2021. Walmart 2021 shares outstanding were 2.847B, a 0.73% decline from 2020 (Walmart shares outstanding 2010-2022: WMT, n.d). Based on the available data, the company’s authorized shares were 11 billion, while issued shares were 2.8 billion in 2020.
Would you invest in this company based on what you have evaluated? Why, or why not?
I would not invest in Walmart Inc. based on what I have analyzed. The stock price in the company reduced to 144.89 USD in 2022 from 146.63 USD in 2021. The reduction in stock price means that more people wanted to sell a stock than buy it, and thus, the demand was low.
Compare this company’s stock to another company within the same industry. How does the stock compare in terms of price and activity? Explain.
I will compare Walmart Company to Amazon.com. Amazon.com Inc. is listed on the NASDAQ stock exchange. At the start of 2020, Amazon.com had a stock price of $1869.80. At the beginning of 2021 and 2022, the company had a stock price of $3182.70 and $3251.08, respectively.
Based on this data, first, the stock prices at Amazon.com Inc. are higher than those at Walmart. Second, the stock price at Amazon.com increased for three consecutive years starting from 2020. On the other hand, the stock price at Walmart increased from 2020 to 2021 but declined in 2022. The demand for stock at Amazon.com is higher than Walmart’s demand. The view fact is evidenced by the increasing stock price at Amazon.com.
References
Bowman, J. (2017, November 19). Why Wal-Mart could soon split its stock again. Yahoo! Finance. Retrieved May 4, 2022, from https://finance.yahoo.com/news/why-wal-mart-could-soon-131700475.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAGes9y88WZcVbiN8ZMx0KT5XssVpRLRKl1TnxKY7ghtyXKfX95TE3ZSAIdqqoiNeyBt0pZmwOmh9yHIRJThmVIFNZ6I8K3suzk2KcojBcdHwWv8RRmyG2TgzheAsuRyfmtdxdr3ZeTKRNGJ1SApnK4xRP8z6mxt8FOyg_AprIfFx#:~:text=WalMarthasenacted2,thedayofthesplit
Google. (n.d.). Walmart Inc (WMT) stock price & news. Google Finance. Retrieved May 4, 2022, from https://www.google.com/finance/quote/WMT:NYSE?sa=X&ved=2ahUKEwielKW_-sT3AhUiyoUKHSXoC2EQ3ecFegQIMxAi&window=5Y
Walmart shares outstanding 2010-2022: WMT. Macrotrends. (n.d.). Retrieved May 4, 2022, from https://www.macrotrends.net/stocks/charts/WMT/walmart/shares-outstanding#:~:text=Walmart2022sharesoutstandingwere,a0.73declinefrom2020