Lowe’s Cos., Inc (NYSE: LOW)’s stock price has plunge by -1.68relation to previous closing price of 274.51. Nevertheless, the company has seen a 0.27% surge in its stock price over the last five trading sessions. schaeffersresearch.com reported 2024-11-12 that Though corporate earnings will start to dwindle next week, there are still several big-name retailers scheduled to report following this Friday’s retail sales data.
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 22.37x, 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 566.72M, and currently, short sellers hold a 1.23% ratio of that floaft. The average trading volume of LOW on November 13, 2024 was 2.23M shares.
LOW’s Market Performance
LOW’s stock has seen a 0.27% increase for the week, with a -3.86% drop in the past month and a 13.58% gain in the past quarter. The volatility ratio for the week is 2.18%, and the volatility levels for the past 30 days are at 1.78% for Lowe’s Cos., Inc The simple moving average for the last 20 days is -0.02% for LOW stock, with a simple moving average of 11.99% for the last 200 days.
Analysts’ Opinion of LOW
Many brokerage firms have already submitted their reports for LOW stocks, with Telsey Advisory Group repeating the rating for LOW by listing it as a “Outperform.” The predicted price for LOW in the upcoming period, according to Telsey Advisory Group is $305 based on the research report published on November 08, 2024 of the current year 2024.
Bernstein, on the other hand, stated in their research note that they expect to see LOW reach a price target of $323. The rating they have provided for LOW stocks is “Outperform” according to the report published on October 22nd, 2024.
Loop Capital gave a rating of “Buy” to LOW, setting the target price at $300 in the report published on October 09th of the current year.
LOW Trading at 1.62% 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 -5.96% of loss for the given period.
Volatility was left at 1.78%, however, over the last 30 days, the volatility rate increased by 2.18%, as shares sank -4.23% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.96% upper at present.
During the last 5 trading sessions, LOW rose by +0.27%, which changed the moving average for the period of 200-days by +27.41% in comparison to the 20-day moving average, which settled at $269.95. In addition, Lowe’s Cos., Inc saw 21.28% 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 2.25. 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.
