Lowe’s Companies Inc. (NYSE:LOW) went up by 0.63% from its latest closing price compared to the recent 1-year high of $240.71. The company’s stock price has collected -1.48% of loss in the last five trading sessions. Barron’s reported on 11/16/22 that Lowe’s Stock Rises on Earnings Beat and Boost to Full-Year Outlook
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 20.24 x from its present earnings ratio. Plus, the 36-month beta value for LOW is at 1.13. Opinions of the stock are interesting as 15 analysts out of 34 who provided ratings for Lowe’s Companies Inc. declared the stock was a “buy,” while 3 rated the stock as “overweight,” 14 rated it as “hold,” and 2 as “sell.”
The average price from analysts is $232.77, which is $29.07 above the current price. LOW currently public float of 604.00M and currently shorts hold a 1.76% ratio of that float. Today, the average trading volume of LOW was 3.24M shares.
LOW’s Market Performance
LOW stocks went down by -1.48% for the week, with a monthly jump of 1.97% and a quarterly performance of 13.18%, while its annual performance rate touched -8.27%. The volatility ratio for the week stands at 2.79% while the volatility levels for the past 30 days are set at 2.43% for Lowe’s Companies Inc. The simple moving average for the period of the last 20 days is 1.48% for LOW stocks with a simple moving average of 5.14% for the last 200 days.
Analysts’ Opinion of LOW
Many brokerage firms have already submitted their reports for LOW stocks, with Credit Suisse repeating the rating for LOW by listing it as a “Neutral.” The predicted price for LOW in the upcoming period, according to Credit Suisse is $210 based on the research report published on December 20th of the previous year 2022.
Bernstein, on the other hand, stated in their research note that they expect to see LOW reach a price target of $237. The rating they have provided for LOW stocks is “Mkt Perform” according to the report published on December 06th, 2022.
Cowen gave a rating of “Market Perform” to LOW, setting the target price at $210 in the report published on October 19th of the previous year.
LOW Trading at 0.29% 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 -14.25% of loss for the given period.
Volatility was left at 2.43%, however, over the last 30 days, the volatility rate increased by 2.79%, as shares surge +3.65% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.60% upper at present.
During the last 5 trading sessions, LOW fell by -1.48%, which changed the moving average for the period of 200-days by +2.87% in comparison to the 20-day moving average, which settled at $203.77. In addition, Lowe’s Companies Inc. saw 3.60% 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 McFarland Joseph Michael, who sale 15,301 shares at the price of $203.82 back on Dec 19. After this action, McFarland Joseph Michael now owns 28,353 shares of Lowe’s Companies Inc., valued at $3,118,677 using the latest closing price.
MCCANLESS ROSS W, the EVP, GC & Corp. Sec. of Lowe’s Companies Inc., sale 57,629 shares at $211.35 during a trade that took place back on Dec 13, which means that MCCANLESS ROSS W is holding 26,923 shares at $12,179,652 based on the most recent closing price.
Stock Fundamentals for LOW
Current profitability levels for the company are sitting at:
- +12.73 for the present operating margin
- +31.58 for the gross margin
The net margin for Lowe’s Companies Inc. stands at +8.74. Equity return is now at value -80.70, with 14.20 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.02.