Lowe’s Companies Inc. (NYSE: LOW) has a higher price-to-earnings ratio of 21.65x compared to its average ratio,, and the 36-month beta value for LOW is at 1.08. Analysts have varying views on the stock, with 17 analysts rating it as a “buy,” 3 rating it as “overweight,” 14 as “hold,” and 1 as “sell.”
The average price suggested by analysts for LOW is $249.33, which is $27.46 above the current market price. The public float for LOW is 576.29M, and currently, shorts hold a 1.60% of that float. The average trading volume for LOW on September 18, 2023 was 2.49M shares.
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LOW) stock’s latest price update
Lowe’s Companies Inc. (NYSE: LOW)’s stock price has decreased by -4.70 compared to its previous closing price of 230.87. However, the company has seen a -4.87% decrease in its stock price over the last five trading sessions. The Motley Fool reported 2023-09-14 that Alphabet took the top spot on DesignRush’s customer loyalty rankings thanks to positive customer reviews. Lowe’s has focused heavily on improving the customer experience, and those efforts are paying off.
LOW’s Market Performance
LOW’s stock has fallen by -4.87% in the past week, with a monthly drop of -0.96% and a quarterly rise of 0.50%. The volatility ratio for the week is 1.78% while the volatility levels for the last 30 days are 1.73% for Lowe’s Companies Inc. The simple moving average for the last 20 days is -3.15% for LOW stock, with a simple moving average of 4.12% for the last 200 days.
Analysts’ Opinion of LOW
Many brokerage firms have already submitted their reports for LOW stocks, with Stifel repeating the rating for LOW by listing it as a “Buy.” The predicted price for LOW in the upcoming period, according to Stifel is $270 based on the research report published on September 07, 2023 of the current year 2023.
LOW Trading at -3.39% 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 -7.24% of loss for the given period.
Volatility was left at 1.73%, however, over the last 30 days, the volatility rate increased by 1.78%, as shares surge +0.86% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.63% lower at present.
During the last 5 trading sessions, LOW fell by -4.87%, which changed the moving average for the period of 200-days by +5.25% in comparison to the 20-day moving average, which settled at $227.27. In addition, Lowe’s Companies Inc. saw 10.43% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at LOW starting from Dupre Janice, who sale 5,380 shares at the price of $231.28 back on Aug 31. After this action, Dupre Janice now owns 24,216 shares of Lowe’s Companies Inc., valued at $1,244,292 using the latest closing price.
McFarland Joseph Michael, the EVP, Stores of Lowe’s Companies Inc., sale 4,500 shares at $222.53 during a trade that took place back on Aug 28, which means that McFarland Joseph Michael is holding 46,594 shares at $1,001,385 based on the most recent closing price.
Stock Fundamentals for LOW
Current profitability levels for the company are sitting at:
- +13.04 for the present operating margin
- +31.41 for the gross margin
The net margin for Lowe’s Companies Inc. stands at +6.61. The total capital return value is set at 52.41, while invested capital returns managed to touch 28.39. Equity return is now at value -42.60, with 13.30 for asset returns.
When we switch over and look at the enterprise to sales, we see a ratio of 1.75, with the company’s debt to enterprise value settled at 0.22. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.10.
Conclusion
In conclusion, Lowe’s Companies Inc. (LOW) has had a mixed performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
