As of Friday close, Lowe’s Companies Inc.’s (NYSE:LOW) stock was down -$2.31, moving down -1.16 percent to $197.36. The average number of shares traded per day over the past five days has been 4,249,020 shares. 1 time new highs have been achieved over the past 5 days, with a $0.70 gain in that time frame. In the last twenty days, the average volume was 3,747,145, while in the previous 50 days, it was 3,203,194.
Since last month, LOW stock retreated -8.22%. Shares of the company fell to $191.27 on 03/01/23, the lowest level in the past month. A 52-week high of $238.37 was reached on 02/02/23 after having rallying from a 52-week low of $170.12. Since the beginning of this year, LOW’s stock price has dropped by -0.94% or -$1.88, and marked a new high 9 times. However, the stock has declined by -17.20% since its 52-week high.
Do You Know The Best Place To Find Gains In Volatile Markets?
In today's chaotic marketplace, the biggest gains will come from some currently-small companies that pass by older, larger businesses still stuck in a pre-pandemic world. The trick is figuring out which small caps will be tomorrow's winners. That's why StockWire News has put together a special Wealth Building Report, highlighting 3 small cap stocks set to soar in 2023.
Click here for full details and to join for free.
LOW stock investors should be aware that Lowe’s Companies Inc. (LOW) stock had its last reported insider trading activity 3 days ago on Mar 15. Frieson Donald, the EVP, Supply Chain of the company, disposed of 9,411 shares for $197.00 on Mar 15. It resulted in a $1,853,967 divestment by the insider. McFarland Joseph Michael sold 15,301 shares at an average price of $203.82 on Dec 19. The insider now owns 28,353 shares following the transaction. On Dec 13, EVP, GC & Corp. Sec. MCCANLESS ROSS W sold 57,629 shares at $211.35 apiece. The transaction was valued at $12,179,652.
Right now, Lowe’s Companies Inc. (LOW) has a P/E ratio of about 19.73. The stock’s beta is 1.09.
The latest dividend of $1.05 per share was paid out, remained unchanged from last year’s $1.05. On Friday May 27 2022, a $0.25 dividend increase was announced.
In the three months ended October 30, Lowe’s Companies Inc.’s quick ratio stood at 0.20, while its current ratio was 1.20, showing that the company is not able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 33.20% percent. In the year ended October 30, operating margins totaled 12.50%. Based on annual data, LOW earned $32.26 billion in gross profit and brought in $97.06 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 46.80%. Return on equity (ROE) for the past 12 months was -101.80%.
In Lowe’s Companies Inc.’s quarter-end financial report for October 30, it reported total debt of $32.9 billion against cash and short-term investments of $464.0 million. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. LOW’s revenue rose 2.39% to $27.48 billion during the quarter, while net income inched up to $23.48 billion. While analysts expected Lowe’s Companies Inc. to report $3.1 quarterly earnings, the actual figure was $3.27 per share, beating the consensus estimate by 5.50%. The liabilities of Lowe’s Companies Inc. were 57.96 billion at the end of its most recent quarter ended October 30, and its total debt was $38.31 billion.
This quick technical analysis looks at Lowe’s Companies Inc.’s (LOW) price momentum. With a historical volatility rate of 45.61%, the RSI 9-day stood at 42.47% on 17 March.
With respect to its five-day moving average, the current Lowe’s Companies Inc. price is up by +0.36% percent or $0.70. At present, LOW shares trade -7.78% below its 20-day simple moving average and +8.22% percent above its 100-day simple moving average. However, the stock is currently trading approximately -2.00% below its SMA50 and +1.05% above its SMA200.
Stochastic coefficient K was 42.75% and Stochastic coefficient D was 40.67%, while ATR was 5.55. Given the Stochastic reading of 35.81% for the 14-day period, the RSI (14) reading has been calculated as 43.20%. As of today, the MACD Oscillator reading stands at 0.29, while the 14-day reading stands at -0.08.
Barclays launched its rating on Lowe’s Companies Inc. (NYSE: LOW) to an Equal weight in a note to investors on February 08, 2023. Lowe’s Companies Inc. (LOW) has been rated Overweight by analysts. According to 2 brokerage firms, LOW is a sell, and 15 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 2 analysts rate Lowe’s Companies Inc. stock as buy, with 16 recommending it as overweight.
With a median target price of $235.00, the current consensus forecast for the stock is $151.00 – $278.00. Based on these forecasts, analysts predict Lowe’s Companies Inc. (LOW) will achieve an average price target of $225.24.