101.36 0.00 (0.00%)
After hours: 6:38PM EST
|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||100.81 - 102.13|
|52-week range||70.76 - 105.60|
|PE ratio (TTM)||24.43|
|Earnings date||28 Feb 2018|
|Forward dividend & yield||1.64 (1.62%)|
|1y target est||97.90|
Shares of Lowe's (LOW) have a history of trailing rival Home Depot (HD), although it's been closing the gap in the past year, and while some analysts still see issues with the stock, others seem room for both companies on their buy list. Credit Suisse' Seth Sigman thinks that Lowe's is worth a shot. First, valuation, as Lowe's is trading near its 10-year low, and the gap between it and Home Depot has widened. Not all of that is good news--the difference in valuation is due to a gap between the two companies' comparable sales, as well as Home Depot's 'survivor' status, but Sigman sees that as an opportunity for Lowe's. Secondly, he writes that housing's ongoing strenght is good news for Lowe's, and third his research shows that about half of the sales and margin gap between Lowe's and Home Depot is fixable.
For the next four quarters, analysts are expecting Lowe’s Companies (LOW) to post EPS (earnings per share) of $5.16, which represents a rise of 14.4% from $4.51 in the corresponding four quarters of the previous year. EPS growth is expected to be driven by revenue growth, expansion of net margins, and share repurchases. Revenue growth is expected to be driven by positive SSSG (same-store sales growth), the addition of new stores, and the acquisitions of Central Wholesalers and Maintenance Supply Headquarters.
As of January 12, 2018, analysts were expecting Lowe’s Companies (LOW) stock to reach $93.43 in the next 12 months, which represents a fall of 7.4% from its current price. On January 12, 2018, Deutsche Bank raised its 12-month target price for LOW from $90 to $116. The improvement in macroeconomic factors and the expectation of a decline in the effective tax rate due to the passage of tax reforms could have prompted analysts to raise their target prices.
Home Depot (HD) and Lowe's (LOW) have been gaining from the solid industry trends. Apart from this, the companies have robust growth strategies that led them hit a 52-week high on Jan 5.
Lowes Companies shows rising price performance, earning an upgrade to its IBD Relative Strength Rating from 78 to 81.
Shares of Target (TGT) and Lowe's (LOW) are higher on Friday, helped by a vote of confidence from Barclays. Analysts Matthew McClintock and Karen Short upgraded both stocks today, boosting their rating on Target from Underweight to Equal Weight, and from Lowe's from Equal Weight to Overweight.
The GOP tax cuts position the retail industry "exceptionally well" in the new year, according to Barclays, spelling even more gains for investors.
Lowe's (LOW) reported earnings about a month ago. What's next for the stock? We take a look at earnings estimates for some clues.
Lowe's (LOW) has been emerging as a sound investment option backed by its strategic acquisitions, focus on Pro-Customers and shareholder-friendly moves.
A Relative Strength Rating upgrade for Lowes Companies shows improving technical performance. Will it continue?
As of December 14, 2017, Lowe's was trading at $85.58. Analysts expected its stock price to reach $87.93 in the next 12 months—a return potential of 2.8%.
For the next four quarters, analysts expect Lowe’s to post an EPS of $4.99—10.6% growth from $4.51 in the same four quarters of the previous year.
For the next four quarters, analysts expect Lowe's to post revenue of $70.63 billion—2.5% growth from $68.90 billion in the same four quarters last year.
As of December 14, 2017, Lowe's was trading at $85.58, which represents a rise of 5.1% since the announcement of its 3Q17 earnings on November 21, 2017.