Lowe’s Cos., Inc [LOW] stock prices are up 1.59% to $269.18 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The LOW shares have gain 2.36% over the last week, with a monthly amount glided 0.24%, 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 October 22, 2024, when Bernstein initiated its Outperform rating and assigned the stock a price target of $323. Previously, Loop Capital upgraded its rating to Buy on October 09, 2024, and elevated its price target to $300. On October 02, 2024, Telsey Advisory Group reiterated its Market Perform rating and revised its price target to $275 on the stock. Oppenheimer upgraded its rating to a Outperform and increased its price target to $305 on September 24, 2024. Gordon Haskett downgraded its rating to a Hold but $245 remained the price target by the analyst firm on April 03, 2024. DA Davidson downgraded its rating to Neutral for this stock on March 27, 2024, but kept the price target unchanged to $270. In a note dated March 19, 2024, Mizuho initiated an Buy rating and provided a target price of $280 on this stock.
The stock price of Lowe’s Cos., Inc [LOW] has been fluctuating between $189.05 and $287.01 over the past year. Currently, Wall Street analysts expect the stock to reach $256 within the next 12 months. Lowe’s Cos., Inc [NYSE: LOW] shares were valued at $269.18 at the most recent close of the market. An investor can expect a potential drop of -4.9% based on the average LOW price forecast.
Analyzing the LOW fundamentals
The Lowe’s Cos., Inc [NYSE:LOW] reported sales of 84.02B for trailing twelve months, representing a drop of -5.49%. 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 265.74 points at the first support level, and at 262.29 for the second support level. However, for the 1st resistance point, the stock is sitting at 270.95, and for the 2nd resistance point, it is at 272.71.
Ratios To Look Out For
It’s worth pointing out that Lowe’s Cos., Inc [NYSE:LOW]’s Current Ratio is 1.22. Also, the Quick Ratio is 0.30, while the Cash Ratio stands at 0.24. Considering the valuation of this stock, the price to sales ratio is 1.82 and price to earnings (TTM) ratio is 22.31.
Transactions by insiders
Recent insider trading involved McFarland Joseph Michael, EVP, Stores, that happened on Oct 03 ’24 when 4000.0 shares were sold. EVP, Chief Information Officer, Godbole Seemantini completed a deal on Oct 03 ’24 to sell 26186.0 shares. Meanwhile, Officer McFarland Joseph Michael bought 4000.0 shares on Oct 03 ’24.
