Lowe’s Companies Inc. (NYSE:LOW) went down by -0.91% from its latest closing price compared to the recent 1-year high of $215.22. The company’s stock price has collected -0.48% of loss in the last five trading sessions. The Wall Street Journal reported 18 hours ago that Stock Buybacks Beat Capital Spending for Many Big Companies
Is It Worth Investing in Lowe’s Companies Inc. (NYSE :LOW) Right Now?
Lowe’s Companies Inc. (NYSE:LOW) scored a price-to-earnings ratio above its average ratio, recording 21.05 x from its present earnings ratio. Plus, the 36-month beta value for LOW is at 1.32. Opinions of the stock are interesting as 21 analysts out of 33 who provided ratings for Lowe’s Companies Inc. declared the stock was a “buy,” while 5 rated the stock as “overweight,” 6 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $231.44, which is $25.31 above the current price. LOW currently public float of 691.77M and currently shorts hold a 2.15% ratio of that float. Today, the average trading volume of LOW was 3.63M shares.
LOW’s Market Performance
LOW stocks went down by -0.48% for the week, with a monthly jump of 7.17% and a quarterly performance of 8.67%, while its annual performance rate touched 23.60%. The volatility ratio for the week stands at 1.33% while the volatility levels for the past 30 days are set at 2.08% for Lowe’s Companies Inc.. The simple moving average for the period of the last 20 days is 0.56% for LOW stocks with a simple moving average of 10.89% for the last 200 days.
Analysts’ Opinion of LOW
Many brokerage firms have already submitted their reports for LOW stocks, with Wedbush repeating the rating for LOW by listing it as a “Neutral.” The predicted price for LOW in the upcoming period, according to Wedbush is $210 based on the research report published on July 26th of the current year 2021.
Credit Suisse, on the other hand, stated in their research note that they expect to see LOW reach a price target of $188. The rating they have provided for LOW stocks is “Outperform” according to the report published on May 19th, 2021.
Oppenheimer gave a rating of “Outperform” to LOW, setting the target price at $235 in the report published on May 13th of the current year.
LOW Trading at 3.43% from the 50-Day Moving Average
After a stumble in the market that brought LOW to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.13% of loss for the given period.
Volatility was left at 2.08%, however, over the last 30 days, the volatility rate increased by 1.33%, as shares surge +5.53% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.32% upper at present.
During the last 5 trading sessions, LOW fell by -0.48%, which changed the moving average for the period of 200-days by +31.82% in comparison to the 20-day moving average, which settled at $203.56. In addition, Lowe’s Companies Inc. saw 27.20% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at LOW starting from Godbole Seemantini, who sale 15,234 shares at the price of $190.77 back on Jun 02. After this action, Godbole Seemantini now owns 28,365 shares of Lowe’s Companies Inc., valued at $2,906,120 using the latest closing price.
BATCHELDER DAVID H, the Director of Lowe’s Companies Inc., purchase 6,250 shares at $159.48 during a trade that took place back on Feb 26, which means that BATCHELDER DAVID H is holding 28,250 shares at $996,755 based on the most recent closing price.
Stock Fundamentals for LOW
Current profitability levels for the company are sitting at:
- +12.15 for the present operating margin
- +31.44 for the gross margin
The net margin for Lowe’s Companies Inc. stands at +6.49. The total capital return value is set at 40.78, while invested capital returns managed to touch 23.88. Equity return is now at value 483.20, with 14.10 for asset returns.
Based on Lowe’s Companies Inc. (LOW), the company’s capital structure generated 1,824.01 points at debt to equity in total, while total debt to capital is 94.80. Total debt to assets is 54.28, with long-term debt to equity ratio resting at 1,708.98. Finally, the long-term debt to capital ratio is 88.82.
When we switch over and look at the enterprise to sales, we see a ratio of 1.63, with the company’s debt to enterprise value settled at 0.18. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.19.