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MarketScreener Homepage  >  Equities  >  Nyse  >  Walmart Inc.    WMT

WALMART INC.

(WMT)
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Smart Lock Developer Level Home Raises $71 Million; Backers Include Walmart and Lennar

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10/15/2019 | 03:16pm EST

By Josh Beckerman

Level Home Inc. has raised $71 million of funding from backers including Walmart and Lennar Homes, and introduced a lock that "transforms any standard deadbolt into a modern day smart lock in just minutes."

The Level Lock will be available to the general public in January.

Level Home, based in Redwood City, Calif., said the lock "is designed to fit seamlessly inside your deadbolt, so you can preserve the existing look of your home." The company said Apple HomeKit can be used to operate the lock with Siri, add automated tasks and get entry and exit notifications.

The financing also included Hut 8 Ventures.

Level Home is collaborating with Walmart on the InHome Delivery service that launched Tuesday in three cities.

Write to Josh Beckerman at josh.beckerman@wsj.com

Stocks mentioned in the article
ChangeLast1st jan.
APPLE INC. -0.78% 262.34 Delayed Quote.67.66%
LENNAR CORPORATION 0.32% 59.5 Delayed Quote.49.48%
WALMART INC. -0.88% 119.94 Delayed Quote.27.88%
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Financials (USD)
Sales 2020 523 B
EBIT 2020 21 856 M
Net income 2020 14 540 M
Debt 2020 56 280 M
Yield 2020 1,76%
P/E ratio 2020 23,8x
P/E ratio 2021 23,5x
EV / Sales2020 0,76x
EV / Sales2021 0,74x
Capitalization 344 B
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Technical analysis trends WALMART INC.
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 34
Average target price 123,93  $
Last Close Price 120,98  $
Spread / Highest target 15,7%
Spread / Average Target 2,44%
Spread / Lowest Target -16,5%
EPS Revisions
Managers
NameTitle
C. Douglas McMillon President, Chief Executive Officer & Director
Gregory B. Penner Non-Executive Chairman
Dacona Smith Chief Operating Officer & Senior VP-Sam's Club
Brett M. Biggs Chief Financial Officer & Executive Vice President
Clay Johnson Enterprise Chief Information Officer & EVP
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