The stock of Lowe’s Cos., Inc. (LOW) has seen a 2.48% increase in the past week, with a 9.71% gain in the past month, and a 27.58% flourish in the past quarter. The volatility ratio for the week is 1.76%, and the volatility levels for the past 30 days are at 1.84% for LOW. The simple moving average for the last 20 days is 6.63% for LOW stock, with a simple moving average of 17.09% for the last 200 days.
Is It Worth Investing in Lowe’s Cos., Inc. (NYSE: LOW) Right Now?
The price-to-earnings ratio for Lowe’s Cos., Inc. (NYSE: LOW) is above average at 22.60x, Company’s 36-month beta value is 1.09.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.”
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The public float for LOW is 566.67M, and currently, short sellers hold a 1.33% ratio of that floaft. The average trading volume of LOW on October 02, 2024 was 2.35M shares.
LOW) stock’s latest price update
Lowe’s Cos., Inc. (NYSE: LOW) has seen a rise in its stock price by 0.66 in relation to its previous close of 270.85. However, the company has experienced a 2.48% gain in its stock price over the last five trading sessions. zacks.com reported 2024-10-01 that Lowe’s (LOW) closed the most recent trading day at $272.64, moving +0.66% from the previous trading session.
Analysts’ Opinion of LOW
Many brokerage firms have already submitted their reports for LOW stocks, with Oppenheimer repeating the rating for LOW by listing it as a “Outperform.” The predicted price for LOW in the upcoming period, according to Oppenheimer is $305 based on the research report published on September 24, 2024 of the current year 2024.
Gordon Haskett, on the other hand, stated in their research note that they expect to see LOW reach a price target of $245. The rating they have provided for LOW stocks is “Hold” according to the report published on April 03rd, 2024.
DA Davidson gave a rating of “Neutral” to LOW, setting the target price at $270 in the report published on March 27th of the current year.
LOW Trading at 10.53% 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 able to rebound, for now settling with 0.50% of gains for the given period.
Volatility was left at 1.84%, however, over the last 30 days, the volatility rate increased by 1.76%, as shares surge +11.07% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +13.47% upper at present.
During the last 5 trading sessions, LOW rose by +2.48%, which changed the moving average for the period of 200-days by +26.54% in comparison to the 20-day moving average, which settled at $257.05. In addition, Lowe’s Cos., Inc. saw 22.51% 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 Griggs Dan Clayton Jr, who sale 6,769 shares at the price of $248.82 back on Sep 12 ’24. After this action, Griggs Dan Clayton Jr now owns 9,383 shares of Lowe’s Cos., Inc., valued at $1,684,271 using the latest closing price.
Griggs Dan Clayton Jr, the Officer of Lowe’s Cos., Inc., proposed sale 6,769 shares at $248.82 during a trade that took place back on Sep 12 ’24, which means that Griggs Dan Clayton Jr is holding shares at $1,684,271 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
- 0.32 for the gross margin
The net margin for Lowe’s Cos., Inc. stands at 0.08. The total capital return value is set at 0.4.
Based on Lowe’s Cos., Inc. (LOW), the company’s capital structure generated 1.61 points at debt to capital in total, while cash flow to debt ratio is standing at 0.26. The debt to equity ratio resting at -2.65. The interest coverage ratio of the stock is 7.11.
Currently, EBITDA for the company is 13.46 billion with net debt to EBITDA at 2.87. When we switch over and look at the enterprise to sales, we see a ratio of 2.27. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.22.
Conclusion
In a nutshell, Lowe’s Cos., Inc. (LOW) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
