Stock Market Recap: Lowe’s Cos., Inc (LOW) Concludes at 232.17, a 0.05 Surge/Decline

For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.

After finishing at $232.05 in the prior trading day, Lowe’s Cos., Inc (NYSE: LOW) closed at $232.17, up 0.05%. In other words, the price has increased by $0.05 from its previous closing price. On the day, 2.42 million shares were traded. LOW stock price reached its highest trading level at $233.88 during the session, while it also had its lowest trading level at $230.86.

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 60.92 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.88. For the most recent quarter (mrq), Quick Ratio is recorded 0.16 and its Current Ratio is at 1.09.

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 the company, Telsey Advisory Group on November 08, 2024, Upgraded its rating to Outperform and sets its target price to $305 from $275 previously.

On October 22, 2024, Bernstein started tracking the stock assigning a Outperform rating and target price of $323.

Loop Capital Upgraded its Hold to Buy on October 09, 2024, whereas the target price for the stock was revised from $250 to $300.

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 Dec 20 ’24 when Simkins Lawrence bought 1,000 shares for $245.53 per share. The transaction valued at 245,532 led to the insider holds 1,000 shares of the business.

Vance Quonta D sold 7,198 shares of LOW for $1,974,881 on Nov 27 ’24. The EVP, Pro & Home Services now owns 16,703 shares after completing the transaction at $274.37 per share. On Nov 27 ’24, another insider, Vance Quonta D, who serves as the Officer of the company, bought 7,198 shares for $274.37 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 129947172864 and an Enterprise Value of 167899070464. As of this moment, Lowe’s’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.01, and their Forward P/E ratio for the next fiscal year is 17.23. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.51. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.55. Its current Enterprise Value per Revenue stands at 2.007 whereas that against EBITDA is 13.309.

Stock Price History:

The Beta on a monthly basis for LOW is 1.07, which has changed by -0.06863767 over the last 52 weeks, in comparison to a change of 0.08572841 over the same period for the S&P500. Over the past 52 weeks, LOW has reached a high of $287.01, while it has fallen to a 52-week low of $211.80. The 50-Day Moving Average of the stock is -5.74%, while the 200-Day Moving Average is calculated to be -7.17%.

Shares Statistics:

The stock has traded on average 2.48M shares per day over the past 3-months and 2670450 shares per day over the last 10 days, according to various share statistics. A total of 560.00M shares are outstanding, with a floating share count of 559.15M. Insiders hold about 0.10% of the company’s shares, while institutions hold 76.96% stake in the company. Shares short for LOW as of 1741910400 were 8085715 with a Short Ratio of 3.27, compared to 1739491200 on 7440368. Therefore, it implies a Short% of Shares Outstanding of 8085715 and a Short% of Float of 1.45000005.

Dividends & Splits

In the trailing 12 months, LOW’s forward annual dividend rate was 4.55, compared to 4.55 this year. Against a Trailing Annual Dividend Yield of 0.019607844The stock’s 5-year Average Dividend Yield is 1.68. The current Payout Ratio is 37.24% for LOW, which recently paid a dividend on 2025-01-22 with an ex-dividend date of 1745366400. Stock splits for the company last occurred on 2006-07-03 when the company split stock in a 2:1 ratio.

Earnings Estimates

The company has 28.0 analysts who recommend its stock at the moment. The consensus estimate for the next quarter is $4.26, with high estimates of $4.48 and low estimates of $4.09.

Analysts are recommending an EPS of between $12.61 and $11.88 for the fiscal current year, implying an average EPS of $12.31. EPS for the following year is $13.56, with 32.0 analysts recommending between $14.66 and $12.55.

Revenue Estimates

27 analysts predict $21.05B in revenue for the current quarter. It ranges from a high estimate of $21.83B to a low estimate of $20.89B. As of the current estimate, Lowe’s Cos., Inc’s year-ago sales were $21.36BFor the next quarter, 27 analysts are estimating revenue of $24.05B. There is a high estimate of $24.84B for the next quarter, whereas the lowest estimate is $23.63B.

A total of 33 analysts have provided revenue estimates for LOW’s current fiscal year. The highest revenue estimate was $87.33B, while the lowest revenue estimate was $83.8B, resulting in an average revenue estimate of $84.59B. In the same quarter a year ago, actual revenue was $83.67BBased on 32 analysts’ estimates, the company’s revenue will be $87.46B in the next fiscal year. The high estimate is $89.39B and the low estimate is $86.12B.

Most Popular