Lowe’s Cos., Inc. (LOW) Stock: A Study of the Market Performance

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The stock of Lowe’s Cos., Inc. (LOW) has gone down by -3.40% for the week, with a -2.91% drop in the past month and a 7.11% rise in the past quarter. The volatility ratio for the week is 1.43%, and the volatility levels for the past 30 days are 1.68% for LOW. The simple moving average for the past 20 days is -3.96% for LOW’s stock, with a 10.27% simple moving average for the past 200 days.

Is It Worth Investing in Lowe’s Cos., Inc. (NYSE: LOW) Right Now?

Lowe’s Cos., Inc. (NYSE: LOW) has a price-to-earnings ratio that is above its average at 21.80x. The stock has a 36-month beta value of 1.09. Opinions on the stock are mixed, 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 566.66M, and at present, short sellers hold a 1.19% of that float. On October 30, 2024, the average trading volume of LOW was 2.23M shares.

LOW) stock’s latest price update

Lowe’s Cos., Inc. (NYSE: LOW)’s stock price has plunge by -1.87relation to previous closing price of 267.97. Nevertheless, the company has seen a -3.40% plunge in its stock price over the last five trading sessions. zacks.com reported 2024-10-29 that In the closing of the recent trading day, Lowe’s (LOW) stood at $262.97, denoting a -1.87% change from the preceding trading day.

Analysts’ Opinion of LOW

Many brokerage firms have already submitted their reports for LOW stocks, with Bernstein repeating the rating for LOW by listing it as a “Outperform.” The predicted price for LOW in the upcoming period, according to Bernstein is $323 based on the research report published on October 22, 2024 of the current year 2024.

Loop Capital, on the other hand, stated in their research note that they expect to see LOW reach a price target of $300, previously predicting the price at $250. The rating they have provided for LOW stocks is “Buy” according to the report published on October 09th, 2024.

Telsey Advisory Group gave a rating of “Market Perform” to LOW, setting the target price at $275 in the report published on October 02nd of the current year.

LOW Trading at 0.53% 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 unable to rebound, for now settling with -8.38% of loss for the given period.

Volatility was left at 1.68%, however, over the last 30 days, the volatility rate increased by 1.43%, as shares sank -3.55% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +8.12% upper at present.

During the last 5 trading sessions, LOW fell by -3.40%, which changed the moving average for the period of 200-days by +20.13% in comparison to the 20-day moving average, which settled at $273.82. In addition, Lowe’s Cos., Inc. saw 18.16% 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 2.2. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.22.

Conclusion

To sum up, Lowe’s Cos., Inc. (LOW) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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