In the Green: Lowe’s Cos., Inc. (LOW) Closes at 213.49, Up/Down -0.10 from Previous Day

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In the latest session, Lowe’s Cos., Inc. (NYSE: LOW) closed at $213.49 down -0.10% from its previous closing price of $213.70. In other words, the price has decreased by -$0.10 from its previous closing price. On the day, 1.42 million shares were traded. LOW stock price reached its highest trading level at $217.0 during the session, while it also had its lowest trading level at $213.05.

Ratios:

For a deeper understanding of Lowe’s Cos., Inc.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 34.75 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.60. For the most recent quarter (mrq), Quick Ratio is recorded 0.23 and its Current Ratio is at 1.17.

On March 27, 2024, DA Davidson Downgraded its rating to Neutral which previously was Buy but kept the price unchanged to $270.

On March 19, 2024, Mizuho started tracking the stock assigning a Buy rating and target price of $280.Mizuho initiated its Buy rating on March 19, 2024, with a $280 target price.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 07 ’24 when Sink Brandon J sold 6,227 shares for $242.01 per share. The transaction valued at 1,506,996 led to the insider holds 17,022 shares of the business.

Godbole Seemantini sold 27,292 shares of LOW for $6,559,330 on Mar 01 ’24. The EVP, Chief Information Officer now owns 21,246 shares after completing the transaction at $240.34 per share. On Aug 31 ’23, another insider, Dupre Janice, who serves as the EVP, Human Resources of the company, sold 5,380 shares for $231.28 each. As a result, the insider received 1,244,292 and left with 24,216 shares of the company.

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 121545809920 and an Enterprise Value of 158616862720. As of this moment, Lowe’s’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.15, and their Forward P/E ratio for the next fiscal year is 15.97. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.29. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.42. Its current Enterprise Value per Revenue stands at 1.857 whereas that against EBITDA is 12.427.

Stock Price History:

Over the past 52 weeks, LOW has reached a high of $262.49, while it has fallen to a 52-week low of $181.85. The 50-Day Moving Average of the stock is -5.11%, while the 200-Day Moving Average is calculated to be -2.80%.

Shares Statistics:

For the past three months, LOW has traded an average of 2.50M shares per day and 3742730 over the past ten days. A total of 574.00M shares are outstanding, with a floating share count of 569.22M. Insiders hold about 0.11% of the company’s shares, while institutions hold 76.06% stake in the company. Shares short for LOW as of 1718323200 were 9262628 with a Short Ratio of 3.71, compared to 1715731200 on 7431629. Therefore, it implies a Short% of Shares Outstanding of 9262628 and a Short% of Float of 1.63.

Dividends & Splits

According to the company, the forward annual dividend rate for LOW is 4.40, from 4.4 in the trailing year. Against a Trailing Annual Dividend Yield of 0.020589612The stock’s 5-year Average Dividend Yield is 1.69.

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