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After finishing at $262.97 in the prior trading day, Lowe’s Cos., Inc. (NYSE: LOW) closed at $261.39, down -0.60%. In other words, the price has decreased by -$0.60 from its previous closing price. On the day, 2.33 million shares were traded. LOW stock price reached its highest trading level at $265.4398 during the session, while it also had its lowest trading level at $260.83.
Ratios:
Our goal is to gain a better understanding of LOW by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 31.62 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.56. For the most recent quarter (mrq), Quick Ratio is recorded 0.30 and its Current Ratio is at 1.22.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Bernstein on October 22, 2024, initiated with a Outperform rating and assigned the stock a target price of $323.
On October 09, 2024, Loop Capital Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $250 to $300.
Telsey Advisory Group reiterated its Market Perform rating for the stock on October 02, 2024, while the target price for the stock was revised from $230 to $275.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Oct 03 ’24 when McFarland Joseph Michael sold 4,000 shares for $270.74 per share. The transaction valued at 1,082,974 led to the insider holds 54,099 shares of the business.
Godbole Seemantini sold 26,186 shares of LOW for $7,115,522 on Oct 03 ’24. The EVP, Chief Information Officer now owns 30,159 shares after completing the transaction at $271.73 per share. On Oct 03 ’24, another insider, McFarland Joseph Michael, who serves as the Officer of the company, bought 4,000 shares for $270.74 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LOW now has a Market Capitalization of 149181300736 and an Enterprise Value of 184221024256. As of this moment, Lowe’s’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.67, and their Forward P/E ratio for the next fiscal year is 20.69. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 8.24. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.76. Its current Enterprise Value per Revenue stands at 2.193 whereas that against EBITDA is 14.817.
Stock Price History:
Over the past 52 weeks, LOW has reached a high of $287.01, while it has fallen to a 52-week low of $183.79. The 50-Day Moving Average of the stock is -0.24%, while the 200-Day Moving Average is calculated to be 9.51%.
Shares Statistics:
The stock has traded on average 2.23M shares per day over the past 3-months and 2187710 shares per day over the last 10 days, according to various share statistics. A total of 574.00M shares are outstanding, with a floating share count of 566.67M. Insiders hold about 0.11% of the company’s shares, while institutions hold 76.21% stake in the company. Shares short for LOW as of 1728950400 were 6735382 with a Short Ratio of 3.01, compared to 1726185600 on 7535296. Therefore, it implies a Short% of Shares Outstanding of 6735382 and a Short% of Float of 1.1900000000000002.
Dividends & Splits
In the trailing 12 months, LOW’s forward annual dividend rate was 4.45, compared to 4.50 this year. Against a Trailing Annual Dividend Yield of 0.01692208The stock’s 5-year Average Dividend Yield is 1.68.