At the time of writing, Lowe’s Cos., Inc. [LOW] stock is trading at $272.64, up 0.66%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The LOW shares have gain 2.48% over the last week, with a monthly amount glided 9.71%, and 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 September 24, 2024, when Oppenheimer upgraded its rating to a Outperform and also boosted its price target to $305 from $230. Previously, Gordon Haskett downgraded its rating to Hold on April 03, 2024, and kept the price target unchanged to $245. On March 27, 2024, downgrade downgraded it’s rating to Neutral but maintained its price target of $270 on the stock. Mizuho started tracking the stock assigning a Buy rating and suggested a price target of $280 on March 19, 2024. JP Morgan upgraded its rating to a Overweight and raised its price target to $265 on February 12, 2024. Oppenheimer downgraded its rating to Perform for this stock on January 22, 2024. In a note dated December 20, 2023, Stifel downgraded an Hold rating on this stock and boosted its target price from $235 to $240.
For the past year, the stock price of Lowe’s Cos., Inc. fluctuated between $181.85 and $271.27. Currently, Wall Street analysts expect the stock to reach $253.31 within the next 12 months. Lowe’s Cos., Inc. [NYSE: LOW] shares were valued at $272.64 at the most recent close of the market. An investor can expect a potential drop of -7.09% based on the average LOW price forecast.
Analyzing the LOW fundamentals
According to Lowe’s Cos., Inc. [NYSE:LOW], the company’s sales were 84.02B for trailing twelve months, which represents an -5.49% plunge. Gross Profit Margin for this corporation currently stands at 0.32% with Operating Profit Margin at 0.13%, Pretax Profit Margin comes in at 0.11%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.15, Equity is -0.47 and Total Capital is 0.4. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-2.65.
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 269.19 points at the first support level, and at 265.73 for the second support level. However, for the 1st resistance point, the stock is sitting at 275.13, and for the 2nd resistance point, it is at 277.61.
Ratios To Look Out For
It is important to note that Lowe’s Cos., Inc. [NYSE:LOW] has a current ratio of 1.22. As well, the Quick Ratio is 0.30, while the Cash Ratio is 0.24. Considering the valuation of this stock, the price to sales ratio is 1.84 and price to earnings (TTM) ratio is 22.60.
Transactions by insiders
Recent insider trading involved Griggs Dan Clayton Jr, SVP, Tax & CAO, that happened on Sep 12 ’24 when 6769.0 shares were sold. Officer, Griggs Dan Clayton Jr completed a deal on Sep 12 ’24 to buy 6769.0 shares. Meanwhile, EVP, Chief Financial Officer Sink Brandon J sold 6227.0 shares on Mar 07 ’24.
