Lowe’s Companies Inc. (NYSE: LOW) is 42.28% higher on its value in year-to-date trading and has touched a low of $60.00 and a high of $167.43 in the current 52-week trading range. The LOW stock was last observed hovering at around $165.92 in the last trading session, with the day’s gains setting it 4.47% off its average median price target of $185.00 for the next 12 months. It is also 16.88% off the consensus price target high of $205.00 offered by 30 analysts, but current levels are -9.93% lower than the price target low of $155.00 for the same period.
Currently trading at $170.39, the stock is 9.87% and 17.48% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.28 million and changing 2.69% at the moment leaves the stock 42.13% off its SMA200. LOW registered 60.68% gain for a year compared to 6-month gain of 58.33%. The firm has a 50-day simple moving average (SMA 50) of $0.93% and a 200-day simple moving average (SMA200) of $7.6M.
The stock witnessed a 15.35% loss in the last 1 month and extending the period to 3 months gives it a 32.99%, and is 7.65% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.91% over the week and 1.82% over the month.
Lowe’s Companies Inc. (LOW) has around 200000 employees, a market worth around $126.15B and $74.08B in sales. Current P/E ratio is 28.75 and Fwd P/E is 20.42. Profit margin for the company is 6.20%. Distance from 52-week low is 183.98% and 1.77% from its 52-week high. The company has generated returns on investments over the last 12 months (23.40%).
Lowe’s Companies Inc. (LOW) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Lowe’s Companies Inc. (LOW) is a “Overweight”. 30 analysts offering their recommendations for the stock have an average rating of 1.90, where 5 rate it as a Hold and 2 think it is a “Overweight”. 22 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Lowe’s Companies Inc. is expected to release its quarterly report on 11/18/2020 and quarterly earnings per share for the current quarter are estimated at $1.88 with sales reaching $20.57B over the same period.The EPS is expected to grow by 92.90% this year, but quarterly earnings will post 17.80% year-over-year. Quarterly sales are estimated to grow 18.30% in year-over-year returns.
Lowe’s Companies Inc. (LOW) Top Institutional Holders
2,065 institutions hold shares in Lowe’s Companies Inc. (LOW), with 1.32M shares held by insiders accounting for 0.17% while institutional investors hold 78.44% of the company’s shares. The shares outstanding are 755.00M, and float is at 754.44M with Short Float at 1.06%. Institutions hold 78.30% of the Float.
The top institutional shareholder in the company is Vanguard Group, Inc. (The) with over 64.31 million shares valued at $8.69 billion. The investor’s holdings represent 8.52% of the LOW Shares outstanding. As of Jun 29, 2020, the second largest holder is Blackrock Inc. with 58.6 million shares valued at $7.92 billion to account for 7.76% of the shares outstanding. The other top investors are State Street Corporation which holds 34.68 million shares representing 4.59% and valued at over $4.69 billion, while FMR, LLC holds 3.03% of the shares totaling 22.85 million with a market value of $3.09 billion.
Lowe’s Companies Inc. (LOW) Insider Activity
A total of 14 insider transactions have happened at Lowe’s Companies Inc. (LOW) in the last six months, with sales accounting for 2 and purchases happening 12 times. The most recent transaction is an insider purchase by Ellison Marvin R, the company’s President and CEO. SEC filings show that Ellison Marvin R bought 10,000 shares of the company’s common stock on Mar 06 at a price of $103.86 per share for a total of $1.04 million. Following the purchase, the insider now owns 90090.0 shares.
Lowe’s Companies Inc. disclosed in a document filed with the SEC on Sep 17 that Hollifield Matthew V (SVP Chief Accounting Officer) sold a total of 12,136 shares of the company’s common stock. The trade occurred on Sep 17 and was made at $112.34 per share for $1.36 million. Following the transaction, the insider now directly holds 28017.0 shares of the LOW stock.
Still, SEC filings show that on Sep 16, Weber Jennifer L (EVP, Human Resources) disposed off 12,589 shares at an average price of $112.62 for $1.42 million. The insider now directly holds 17,440 shares of Lowe’s Companies Inc. (LOW).
Lowe’s Companies Inc. (LOW): Who are the competitors?
The company’s main competitors (and peers) include Lumber Liquidators Holdings Inc. (LL) that is trading 207.55% up over the past 12 months.