As of Friday close, Lowe’s Companies Inc.’s (NYSE:LOW) stock was down -$0.12, moving down -0.06 percent to $210.49. The average number of shares traded per day over the past five days has been 3,057,540 shares. 1 time new highs have been achieved over the past 5 days, with a -$9.53 fall in that time frame. In the last twenty days, the average volume was 2,866,025, while in the previous 50 days, it was 2,451,882.
Since last month, LOW stock retreated -7.35%. Shares of the company fell to $209.23 on 09/22/23, the lowest level in the past month. A 52-week high of $237.21 was reached on 07/27/23 after having rallying from a 52-week low of $176.50. Since the beginning of this year, LOW’s stock price has risen by 5.65% or $11.25, and marked a new high 18 times. However, the stock has declined by -11.26% since its 52-week high.
LOW stock investors should be aware that Lowe’s Companies Inc. (LOW) stock had its last reported insider trading activity 23 days ago on Aug 31. Dupre Janice, the EVP, Human Resources of the company, disposed of 5,380 shares for $231.28 on Aug 31. It resulted in a $1,244,292 divestment by the insider. McFarland Joseph Michael sold 4,500 shares at an average price of $222.53 on Aug 28. The insider now owns 46,594 shares following the transaction. On May 26, EVP, Supply Chain Frieson Donald sold 13,114 shares at $203.45 apiece. The transaction was valued at $2,668,016.
Valuation Metrics
Right now, Lowe’s Companies Inc. (LOW) has a P/E ratio of about 20.71. The stock’s beta is 1.09.
The latest dividend of $1.10 per share was paid out, remained unchanged from last year’s $1.10.
Financial Health
In the three months ended July 30, Lowe’s Companies Inc.’s quick ratio stood at 0.30, while its current ratio was 1.30, showing that the company is not able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 33.30% percent. In the year ended July 30, EBITDA margin amounted to 15.63%, whereas operating margins totaled 10.50%. 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 38.40%. Return on equity (ROE) for the past 12 months was -42.60%.
In Lowe’s Companies Inc.’s quarter-end financial report for July 30, it reported total debt of $35.84 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. LOW’s revenue fell -10.1% to $22.35 billion during the quarter, while net income inched up to $24.96 billion. While analysts expected Lowe’s Companies Inc. to report $4.49 quarterly earnings, the actual figure was $4.56 per share, beating the consensus estimate by 1.60%. During the quarter, the company generated $4.36 billion in EBITDA. The liabilities of Lowe’s Companies Inc. were 59.25 billion at the end of its most recent quarter ended July 30, and its total debt was $40.67 billion. The value of shareholders’ equity is $577.12 million.
Technical Picture
This quick technical analysis looks at Lowe’s Companies Inc.’s (LOW) price momentum. With a historical volatility rate of 40.58%, the RSI 9-day stood at 22.03% on 22 September.
With respect to its five-day moving average, the current Lowe’s Companies Inc. price is down by -4.33% percent or -$9.53. At present, LOW shares trade -5.60% below its 20-day simple moving average and +1.09% percent above its 100-day simple moving average. However, the stock is currently trading approximately -8.30% below its SMA50 and +2.09% above its SMA200.
Stochastic coefficient K was 3.42% and Stochastic coefficient D was 6.07%, while ATR was 4.13. Given the Stochastic reading of 5.01% for the 14-day period, the RSI (14) reading has been calculated as 29.81%. As of today, the MACD Oscillator reading stands at -8.15, while the 14-day reading stands at -12.16.
Analyst Ratings
HSBC Securities launched its rating on Lowe’s Companies Inc. (NYSE: LOW) to a Hold in a note to investors on Sep-23-23. Lowe’s Companies Inc. (LOW) has been rated Overweight by analysts. According to 1 brokerage firm, LOW is a sell, and 14 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 3 analysts rate Lowe’s Companies Inc. stock as buy, with 17 recommending it as overweight.
With a median target price of $250.00, the current consensus forecast for the stock is $180.00 – $290.00. Based on these forecasts, analysts predict Lowe’s Companies Inc. (LOW) will achieve an average price target of $250.57.
