The price-to-earnings ratio for Lowe’s Cos., Inc. (NYSE: LOW) is above average at 17.34x, Company’s 36-month beta value is 1.14.Analysts have differing opinions on the stock, with 10 analysts rating it as a “buy,” 8 as “overweight,” 13 as “hold,” and 0 as “sell.”
The public float for LOW is 571.55M, and currently, short sellers hold a 1.38% ratio of that floaft. The average trading volume of LOW on April 17, 2024 was 2.59M shares.
LOW) stock’s latest price update
The stock price of Lowe’s Cos., Inc. (NYSE: LOW) has plunged by -0.72 when compared to previous closing price of 230.01, but the company has seen a -6.56% decline in its stock price over the last five trading sessions. InvestorPlace reported 2024-04-11 that Dividend investing has proved itself to be one of the best, most reliable strategies to amassing wealth. Because stocks beat out every other asset class over the long haul, and dividend-paying stocks outperform those that don’t make a payout, you will position yourself for generating riches by buying dividend growth stocks.
LOW’s Market Performance
LOW’s stock has fallen by -6.56% in the past week, with a monthly drop of -6.69% and a quarterly rise of 3.59%. The volatility ratio for the week is 1.96% while the volatility levels for the last 30 days are 1.88% for Lowe’s Cos., Inc. The simple moving average for the last 20 days is -6.98% for LOW stock, with a simple moving average of 3.68% for the last 200 days.
Analysts’ Opinion of LOW
Many brokerage firms have already submitted their reports for LOW stocks, with Gordon Haskett repeating the rating for LOW by listing it as a “Hold.” The predicted price for LOW in the upcoming period, according to Gordon Haskett is $245 based on the research report published on April 03, 2024 of the current year 2024.
DA Davidson, on the other hand, stated in their research note that they expect to see LOW reach a price target of $270. The rating they have provided for LOW stocks is “Neutral” according to the report published on March 27th, 2024.
Mizuho gave a rating of “Buy” to LOW, setting the target price at $280 in the report published on March 19th of the current year.
LOW Trading at -4.08% 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 -13.01% of loss for the given period.
Volatility was left at 1.88%, however, over the last 30 days, the volatility rate increased by 1.96%, as shares sank -6.21% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.04% upper at present.
During the last 5 trading sessions, LOW fell by -6.56%, which changed the moving average for the period of 200-days by +2.48% in comparison to the 20-day moving average, which settled at $244.74. In addition, Lowe’s Cos., Inc. saw 2.61% 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 Sink Brandon J, who sale 6,227 shares at the price of $242.01 back on Mar 07 ’24. After this action, Sink Brandon J now owns 17,022 shares of Lowe’s Cos., Inc., valued at $1,506,996 using the latest closing price.
Godbole Seemantini, the EVP, Chief Information Officer of Lowe’s Cos., Inc., sale 27,292 shares at $240.34 during a trade that took place back on Mar 01 ’24, which means that Godbole Seemantini is holding 21,246 shares at $6,559,330 based on the most recent closing price.
Stock Fundamentals for LOW
Current profitability levels for the company are sitting at:
- 0.13 for the present operating margin
- 0.33 for the gross margin
The net margin for Lowe’s Cos., Inc. stands at 0.09. The total capital return value is set at 0.42.
Based on Lowe’s Cos., Inc. (LOW), the company’s capital structure generated 1.72 points at debt to capital in total, while cash flow to debt ratio is standing at 0.23. The debt to equity ratio resting at -2.39. The interest coverage ratio of the stock is 7.92.
Currently, EBITDA for the company is 13.46 billion with net debt to EBITDA at 2.89. When we switch over and look at the enterprise to sales, we see a ratio of 1.97. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.23.
Conclusion
In a nutshell, Lowe’s Cos., Inc. (LOW) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.
