A share price of Lowe’s Cos., Inc. [LOW] is currently trading at $228.79, down -0.03%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The LOW shares have lost -2.82% over the last week, with a monthly amount drifted -7.75%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Lowe’s Cos., Inc. [NYSE: LOW] stock has seen the most recent analyst activity on April 03, 2024, when Gordon Haskett downgraded its rating to a Hold but kept the price target unchanged to $245 for it. Previously, DA Davidson downgraded its rating to Neutral on March 27, 2024, and kept the price target unchanged to $270. On March 19, 2024, Mizuho initiated with a Buy rating and assigned a price target of $280 on the stock. JP Morgan upgraded its rating to a Overweight and increased its price target to $265 on February 12, 2024. Oppenheimer downgraded its rating to a Perform. Stifel downgraded its rating to Hold for this stock on December 20, 2023, and upped its price target to $240. In a note dated November 22, 2023, Telsey Advisory Group reiterated an Market Perform rating on this stock and revised its target price from $225 to $215.
Lowe’s Cos., Inc. experienced fluctuations in its stock price throughout the past year between $181.85 and $262.49. Currently, Wall Street analysts expect the stock to reach $245.04 within the next 12 months. Lowe’s Cos., Inc. [NYSE: LOW] shares were valued at $228.79 at the most recent close of the market. An investor can expect a potential return of 7.1% based on the average LOW price forecast.
Analyzing the LOW fundamentals
Trailing Twelve Months sales for Lowe’s Cos., Inc. [NYSE:LOW] were 86.38B which represents -17.12% decline. Gross Profit Margin for this corporation currently stands at 0.33% with Operating Profit Margin at 0.13%, Pretax Profit Margin comes in at 0.12%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.18, Equity is -0.52 and Total Capital is 0.42. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -2.39.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 226.80 points at the first support level, and at 224.80 for the second support level. However, for the 1st resistance point, the stock is sitting at 231.54, and for the 2nd resistance point, it is at 234.28.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Lowe’s Cos., Inc. [NYSE:LOW] is 1.23. In addition, the Quick Ratio stands at 0.14 and the Cash Ratio stands at 0.06. Considering the valuation of this stock, the price to sales ratio is 1.52 and price to earnings (TTM) ratio is 17.38.
Transactions by insiders
Recent insider trading involved Sink Brandon J, EVP, Chief Financial Officer, that happened on Mar 07 ’24 when 6227.0 shares were sold. EVP, Chief Information Officer, Godbole Seemantini completed a deal on Mar 01 ’24 to sell 27292.0 shares. Meanwhile, EVP, Human Resources Dupre Janice sold 5380.0 shares on Aug 31 ’23.
