Lowe’s Cos., Inc.’s Market Journey: Closing Weak at 227.53, Down -0.11

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The closing price of Lowe’s Cos., Inc. (NYSE: LOW) was $227.53 for the day, down -0.11% from the previous closing price of $227.77. In other words, the price has decreased by -$0.11 from its previous closing price. On the day, 2.37 million shares were traded. LOW stock price reached its highest trading level at $228.365 during the session, while it also had its lowest trading level at $225.1.

Ratios:

Our analysis of LOW’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 37.03 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.56. 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:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 129791295488 and an Enterprise Value of 166725615616. As of this moment, Lowe’s’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.27, and their Forward P/E ratio for the next fiscal year is 16.98. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.57. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.52. Its current Enterprise Value per Revenue stands at 1.952 whereas that against EBITDA is 13.062.

Stock Price History:

The Beta on a monthly basis for LOW is 1.07, which has changed by 0.057197332 over the last 52 weeks, in comparison to a change of 0.2586832 over the same period for the S&P500. 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 0.17%, while the 200-Day Moving Average is calculated to be 3.38%.

Shares Statistics:

LOW traded an average of 2.30M shares per day over the past three months and 2121210 shares per day 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 1715731200 were 7431629 with a Short Ratio of 3.81, compared to 1713139200 on 7331329. Therefore, it implies a Short% of Shares Outstanding of 7431629 and a Short% of Float of 1.2999999.

Dividends & Splits

With its trailing 12-month dividend rate of 4.4, LOW has a forward annual dividend rate of 4.40. Against a Trailing Annual Dividend Yield of 0.019317733The stock’s 5-year Average Dividend Yield is 1.69. The current Payout Ratio is 32.97% for LOW, which recently paid a dividend on 2024-04-23 with an ex-dividend date of 1721779200. Stock splits for the company last occurred on 2006-07-03 when the company split stock in a 2:1 ratio.

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