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The price of Lowe’s Cos., Inc. (NYSE: LOW) closed at $272.22 in the last session, down -1.67% from day before closing price of $276.84. In other words, the price has decreased by -$1.67 from its previous closing price. On the day, 3.09 million shares were traded. LOW stock price reached its highest trading level at $273.37 during the session, while it also had its lowest trading level at $268.32.
Ratios:
We take a closer look at LOW’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 32.93 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.37. 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 Oct-23-24, 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 154428784640 and an Enterprise Value of 192985710592. As of this moment, Lowe’s’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.56, and their Forward P/E ratio for the next fiscal year is 21.55. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 8.59. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.84. Its current Enterprise Value per Revenue stands at 2.297 whereas that against EBITDA is 15.522.
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 $181.85. The 50-Day Moving Average of the stock is 5.21%, while the 200-Day Moving Average is calculated to be 14.74%.
Shares Statistics:
According to the various share statistics, LOW traded on average about 2.23M shares per day over the past 3-months and 1932480 shares per day over the past 10 days. A total of 574.00M shares are outstanding, with a floating share count of 566.68M. Insiders hold about 0.11% of the company’s shares, while institutions hold 76.30% stake in the company. Shares short for LOW as of 1727654400 were 6550005 with a Short Ratio of 2.93, compared to 1724976000 on 7009320. Therefore, it implies a Short% of Shares Outstanding of 6550005 and a Short% of Float of 1.16.
Dividends & Splits
The forward annual dividend rate for LOW is 4.45, which was 4.45 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.016074266The stock’s 5-year Average Dividend Yield is 1.68.
