At the time of writing, Lowe’s Cos., Inc [LOW] stock is trading at $256.72, up 2.20%. 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 4.12% over the last week, with a monthly amount drifted -2.57%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Lowe’s Cos., Inc [NYSE: LOW] stock has seen the most recent analyst activity on November 08, 2024, when Telsey Advisory Group upgraded its rating to a Outperform and also boosted its price target to $305 from $275. Previously, Bernstein started tracking the stock with Outperform rating on October 22, 2024, and set its price target to $323. On October 09, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $300 on the stock. Telsey Advisory Group reiterated its Market Perform rating and increased its price target to $275 on October 02, 2024. Oppenheimer upgraded its rating to a Outperform and raised its price target to $305 on September 24, 2024. Gordon Haskett downgraded its rating to Hold for this stock on April 03, 2024, but kept the price target unchanged to $245. In a note dated March 27, 2024, DA Davidson downgraded an Neutral rating on this stock but restated the target price of $270.
For the past year, the stock price of Lowe’s Cos., Inc fluctuated between $209.55 and $287.01. Currently, Wall Street analysts expect the stock to reach $281.67 within the next 12 months. Lowe’s Cos., Inc [NYSE: LOW] shares were valued at $256.72 at the most recent close of the market. An investor can expect a potential return of 9.72% based on the average LOW price forecast.
Analyzing the LOW fundamentals
According to Lowe’s Cos., Inc [NYSE:LOW], the company’s sales were 83.72B for trailing twelve months, which represents an -1.47% plunge. Gross Profit Margin for this corporation currently stands at 0.32% with Operating Profit Margin at 0.12%, 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 -0.48 and Total Capital is 0.41. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -2.96.
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 255.26 points at the first support level, and at 253.81 for the second support level. However, for the 1st resistance point, the stock is sitting at 258.96, and for the 2nd resistance point, it is at 261.21.
Ratios To Look Out For
It is important to note that Lowe’s Cos., Inc [NYSE:LOW] has a current ratio of 1.13. As well, the Quick Ratio is 0.23, while the Cash Ratio is 0.17. Considering the valuation of this stock, the price to sales ratio is 1.73 and price to earnings (TTM) ratio is 21.42.
Transactions by insiders
Recent insider trading involved Simkins Lawrence, Director, that happened on Dec 20 ’24 when 1000.0 shares were purchased. EVP, Pro & Home Services, Vance Quonta D completed a deal on Nov 27 ’24 to sell 7198.0 shares. Meanwhile, Officer Vance Quonta D bought 7198.0 shares on Nov 27 ’24.
