In the past week, LOW stock has gone up by 3.13%, with a monthly gain of 9.82% and a quarterly surge of 15.96%. The volatility ratio for the week is 1.68%, and the volatility levels for the last 30 days are 1.71% for Lowe’s Cos., Inc. The simple moving average for the past 20 days is 4.62% for LOW’s stock, with a 19.60% simple moving average for the past 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 23.36x, 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 566.68M, and currently, short sellers hold a 1.16% ratio of that floaft. The average trading volume of LOW on October 16, 2024 was 2.29M shares.
LOW) stock’s latest price update
The stock of Lowe’s Cos., Inc. (NYSE: LOW) has increased by 0.39 when compared to last closing price of 280.73. Despite this, the company has experienced a 3.13% gain in its stock price over the last five trading sessions. zacks.com reported 2024-10-15 that In the latest trading session, Lowe’s (LOW) closed at $281.83, marking a +0.39% move from the previous day.
Analysts’ Opinion of LOW
Many brokerage firms have already submitted their reports for LOW stocks, with Loop Capital repeating the rating for LOW by listing it as a “Buy.” The predicted price for LOW in the upcoming period, according to Loop Capital is $300 based on the research report published on October 09, 2024 of the current year 2024.
Telsey Advisory Group, on the other hand, stated in their research note that they expect to see LOW reach a price target of $275, previously predicting the price at $230. The rating they have provided for LOW stocks is “Market Perform” according to the report published on October 02nd, 2024.
Oppenheimer gave a rating of “Outperform” to LOW, setting the target price at $305 in the report published on September 24th of the current year.
LOW Trading at 10.81% 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 0.15% of gains for the given period.
Volatility was left at 1.71%, however, over the last 30 days, the volatility rate increased by 1.68%, as shares surge +9.78% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +18.91% upper at present.
During the last 5 trading sessions, LOW rose by +3.13%, which changed the moving average for the period of 200-days by +26.44% in comparison to the 20-day moving average, which settled at $269.38. In addition, Lowe’s Cos., Inc. saw 26.64% 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 McFarland Joseph Michael, who sale 4,000 shares at the price of $270.74 back on Oct 03 ’24. After this action, McFarland Joseph Michael now owns 54,099 shares of Lowe’s Cos., Inc., valued at $1,082,974 using the latest closing price.
Godbole Seemantini, the EVP, Chief Information Officer of Lowe’s Cos., Inc., sale 26,186 shares at $271.73 during a trade that took place back on Oct 03 ’24, which means that Godbole Seemantini is holding 30,159 shares at $7,115,522 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 2.33. 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.
