Lowe’s Cos., Inc. (NYSE:LOW) currently has a daily average trading volume of 2.54M but it saw 3387927 shares traded in last market. With a market cap of 150.10B USD, the company’s current market price of $261.00 came rising about 3.59 while comparing to the previous closing price of $251.96. In past 52 weeks, the stock remained buoying in the range of price level as high as $252.42 and as low as $181.85.
Taking a look at 20-day trading activity of Lowe’s Cos., Inc. (LOW) gives us an average price of $242.83, while its current price level is 3.40% below from 52-week high level whereas it is 43.52% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $229.24 while that of 200 days or SMA-200 reads an average of $217.93. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.94% during that period while stretching the period over a month that decreases to 1.68%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 79.52 which implies that the stock is in overbought territory.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Mizuho which initiated the stock as “Buy” in its note to investors issued on March 19, 2024, recommending a price target of $280 for it. JP Morgan upgraded its recommendation for the stock as a “Overweight” from “Neutral” on February 12, 2024 while assigning a price target range of $210-$265.
Over the week, LOW’s stock price is moving 6.69% up while it is 14.58% when we observe its performance for the past one month. Year-to-date it is 17.28% up and over the past year, the stock is showing an upside performance of 32.63%.
The latest quarterly earnings report issued by the company was for quarter ended 1/30/2024, when its quarterly earnings per share (EPS) of $1.77 beat the consensus estimate of $1.68 for the same. For LOW, analysts are forecasting an EPS-growth rate of -6.90% for current year and estimate for EPS growth in next year is 10.30%. In next quarter, company is expected to be making quarterly sales of $23.9 billion as analysts are expecting the sales for current fiscal year at $84.42 billion and seeing the company making $87.32 billion in sales next year. Moreover, analysts are in estimates of $21.1 billion for current-quarter revenue.
Currently, Lowe’s Cos., Inc.’s total number of outstanding shares is 575.11M with 0.08% of that held by the insiders while 76.39% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 32.01%. It has a price to earnings ratio (P/E ratio) of 19.82 while having a 19.42 of forward P/E ratio. Stock’s beta reads 1.12. Stock has a price to sale or P/S ratio amounts to 1.74. Its return on asset (ROA) is 17.71% on average.
