Lowe’s Companies, Inc. (NYSE:LOW – Get Free Report) has been assigned a consensus rating of “Moderate Buy” from the twenty-five analysts that are presently covering the company, Marketbeat reports. One analyst has rated the stock with a sell rating, ten have issued a hold rating and fourteen have given a buy rating to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $280.83.
LOW has been the subject of a number of research analyst reports. DA Davidson lifted their price objective on shares of Lowe’s Companies from $240.00 to $270.00 and gave the company a “neutral” rating in a report on Wednesday, November 20th. Barclays lifted their price objective on shares of Lowe’s Companies from $229.00 to $245.00 and gave the company an “equal weight” rating in a report on Wednesday, November 20th. Piper Sandler decreased their price objective on shares of Lowe’s Companies from $307.00 to $296.00 and set an “overweight” rating for the company in a report on Thursday, February 27th. Guggenheim reiterated a “buy” rating and set a $300.00 price objective on shares of Lowe’s Companies in a report on Thursday, December 12th. Finally, Wedbush reiterated a “neutral” rating and set a $250.00 price objective on shares of Lowe’s Companies in a report on Thursday, December 12th.
Get Our Latest Stock Report on Lowe’s Companies
Institutional Inflows and Outflows
Lowe’s Companies Price Performance
Shares of NYSE LOW opened at $224.64 on Monday. The firm has a fifty day moving average price of $250.18 and a 200-day moving average price of $258.49. The stock has a market cap of $126.84 billion, a PE ratio of 18.74, a price-to-earnings-growth ratio of 1.96 and a beta of 1.12. Lowe’s Companies has a 1 year low of $211.80 and a 1 year high of $287.01.
Lowe’s Companies (NYSE:LOW – Get Free Report) last posted its earnings results on Wednesday, February 26th. The home improvement retailer reported $1.93 earnings per share for the quarter, beating the consensus estimate of $1.83 by $0.10. Lowe’s Companies had a net margin of 8.19% and a negative return on equity of 47.55%. The company had revenue of $18.55 billion during the quarter, compared to analysts’ expectations of $18.29 billion. On average, research analysts expect that Lowe’s Companies will post 11.9 EPS for the current year.
Lowe’s Companies Company Profile
Lowe’s Companies, Inc, together with its subsidiaries, operates as a home improvement retailer in the United States. The company offers a line of products for construction, maintenance, repair, remodeling, and decorating. It also provides home improvement products, such as appliances, seasonal and outdoor living, lawn and garden, lumber, kitchens and bath, tools, paint, millwork, hardware, flooring, rough plumbing, building materials, décor, and electrical.
Further Reading
- Five stocks we like better than Lowe’s Companies
- What is a buyback in stocks? A comprehensive guide for investors
- Rubrik Stock’s V-Bottom Reversal Signals a Major Rally Ahead
- What Are Trending Stocks? Trending Stocks Explained
- How Super Micro Computer Stock Is Defying the Market Sell-Off
- Energy and Oil Stocks Explained
- AppLovin vs. HPE: Which Tech Stock Can Bounce Back Faster?
Receive News & Ratings for Lowe's Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lowe's Companies and related companies with MarketBeat.com's FREE daily email newsletter.