Lowe’s Cos., Inc. (NYSE: LOW) has a higher price-to-earnings ratio of 17.74x compared to its average ratio. LOW has 36-month beta value of 1.14. Analysts have mixed views 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 571.56M, and currently, short sellers hold a 1.38% ratio of that float. The average trading volume of LOW on April 24, 2024 was 2.53M shares.
LOW) stock’s latest price update
The stock of Lowe’s Cos., Inc. (NYSE: LOW) has increased by 1.01 when compared to last closing price of 231.23. Despite this, the company has experienced a 2.28% gain in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-23 that Lowe’s (LOW) closed at $233.56 in the latest trading session, marking a +1.01% move from the prior day.
LOW’s Market Performance
Lowe’s Cos., Inc. (LOW) has seen a 2.28% rise in stock performance for the week, with a -9.65% decline in the past month and a 8.90% surge in the past quarter. The volatility ratio for the week is 1.67%, and the volatility levels for the past 30 days are at 1.81% for LOW. The simple moving average for the past 20 days is -2.57% for LOW’s stock, with a 5.98% simple moving average for the past 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 -2.30% 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 -11.02% of loss for the given period.
Volatility was left at 1.81%, however, over the last 30 days, the volatility rate increased by 1.67%, as shares sank -8.05% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.08% upper at present.
During the last 5 trading sessions, LOW rose by +2.28%, which changed the moving average for the period of 200-days by +5.24% in comparison to the 20-day moving average, which settled at $238.70. In addition, Lowe’s Cos., Inc. saw 4.95% 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 2.0. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.23.
Conclusion
To put it simply, Lowe’s Cos., Inc. (LOW) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as 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.
