Lowe’s Companies Inc. (NYSE: LOW) is 2.83% higher on its value in year-to-date trading and has touched a low of $60.00 and a high of $180.67 in the current 52-week trading range. The LOW stock was last observed hovering at around $163.71 in the last trading session, with the day’s gains setting it 1.34% off its average median price target of $190.00 for the next 12 months. It is also 23.23% off the consensus price target high of $215.00 offered by 29 analysts, but current levels are 0.57% higher than the price target low of $166.00 for the same period.
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Currently trading at $165.05, the stock is 1.96% and 3.80% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.94 million and changing 0.82% at the moment leaves the stock 15.71% off its SMA200. LOW registered 35.23% gain for a year compared to 6-month gain of 20.10%. The firm has a 50-day simple moving average (SMA 50) of $158.96 and a 200-day simple moving average (SMA200) of $157.44.
The stock witnessed a 9.13% loss in the last 1 month and extending the period to 3 months gives it a -3.41%, and is 2.83% 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 2.46% over the week and 1.98% over the month.
Lowe’s Companies Inc. (LOW) has around 200000 employees, a market worth around $119.95B and $85.31B in sales. Current P/E ratio is 23.30 and Fwd P/E is 17.71. Profit margin for the company is 6.30%. Distance from 52-week low is 175.08% and -8.65% 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”. 29 analysts offering their recommendations for the stock have an average rating of 1.90, where 5 rate it as a Hold and 3 think it is a “Overweight”. 20 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 03/03/2021 and quarterly earnings per share for the current quarter are estimated at $1.18 with sales reaching $19.07B over the same period.The EPS is expected to grow by 92.90% this year, but quarterly earnings will post 22.40% year-over-year. Quarterly sales are estimated to grow 19.00% in year-over-year returns.
Lowe’s Companies Inc. (LOW) Top Institutional Holders
2,380 institutions hold shares in Lowe’s Companies Inc. (LOW), with 439.63k shares held by insiders accounting for 0.06% while institutional investors hold 79.63% of the company’s shares. The shares outstanding are 752.00M, and float is at 732.18M with Short Float at 2.24%. Institutions hold 79.58% of the Float.
The top institutional shareholder in the company is Vanguard Group, Inc. (The) with over 63.78 million shares valued at $10.58 billion. The investor’s holdings represent 8.71% of the LOW Shares outstanding. As of Sep 29, 2020, the second largest holder is Blackrock Inc. with 55.75 million shares valued at $9.25 billion to account for 7.61% of the shares outstanding. The other top investors are State Street Corporation which holds 33.72 million shares representing 4.60% and valued at over $5.59 billion, while FMR, LLC holds 3.74% of the shares totaling 27.41 million with a market value of $4.55 billion.
Lowe’s Companies Inc. (LOW) Insider Activity
A total of 7 insider transactions have happened at Lowe’s Companies Inc. (LOW) in the last six months, with sales accounting for 5 and purchases happening 2 times. The most recent transaction is an insider sale by MCCANLESS ROSS W, the company’s EVP, GC & Corp. Sec.. SEC filings show that MCCANLESS ROSS W sold 62,838 shares of the company’s common stock on Aug 26 at a price of $168.33 per share for a total of $10.58 million. Following the sale, the insider now owns 36579.0 shares.
Lowe’s Companies Inc. disclosed in a document filed with the SEC on Mar 06 that Ellison Marvin R (President and CEO) bought a total of 10,000 shares of the company’s common stock. The trade occurred on Mar 06 and was made at $103.86 per share for $1.04 million. Following the transaction, the insider now directly holds 90090.0 shares of the LOW stock.
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 244.14% up over the past 12 months. Short interest in the company’s stock has risen 65.79% from the last report on Nov 12, 2020 to stand at a total of 5.61 million short shares sold with a short interest ratio of 2.46.