Lowe’s Cos. Inc. (NYSE:LOW) saw a downside of -1.86% to close Tuesday at $208.54 after subtracting -$3.96 on the day. The 5-day average trading volume is 3,028,860 shares of the company’s common stock. It has gained $219.24 in the past week and touched a new high 1 time within the past 5 days. An average of 3,027,170 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 2,517,214.
LOW’s 1-month performance is -6.51% or -$14.53 on its low of $208.16 reached on 09/26/23. The company’s shares have touched a 52-week low of $176.50 and high of $237.21, with the stock’s rally to the 52-week high happening on 07/27/23. YTD, LOW has achieved 4.67% or $9.30 and has reached a new high 18 times. However, the current price is down -12.08% from the 52-week high price.
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Insider Transactions
LOW stock investors last saw insider trading activity on Aug 31.Dupre Janice (EVP, Human Resources) most recently sold 5,380 shares at $231.28 per share on Aug 31. This transaction cost the insider $1,244,292. EVP, Stores, McFarland Joseph Michael, sold 4,500 shares at a price of $222.53 on Aug 28. Then, on May 26, EVP, Supply Chain Frieson Donald sold 13,114 shares at a price of $203.45 per share. This transaction amounted to $2,668,016.
Valuation Metrics
LOW stock has a beta of 1.09. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 1.29 while the price to cash flow ratio at 18.13.
Lowe’s Cos. Inc.’s quick ratio for the period ended July 30 was 0.27, with the current ratio over the same period at 1.26.. In terms of profitability, the gross margin trailing 12 months is 31.41%. The trailing 12-month EBITDA margin is 15.63% while for the period ending July 30, Lowe’s Cos. Inc.’s operating margin was 13.09%. The firm’s gross profit as reported stood at $32.26 billion against revenue of $97.06 billion.
Earnings Surprise
For the quarterly period ending July 30 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income shrunk -11.93% to $2.67 billion, while revenue of $2.26 billion was 15.45% off the previous quarter. Analysts expected LOW to announce $4.49 per share in earnings in its latest quarter, but it posted $4.56, representing a 1.60% surprise. EBITDA for the quarter stood at more than $4.36 billion. LOW stock balance sheet for the quarter ending July 30 shows that total liabilities totaled 59.25 billion, with total debt at $40.67 billion. Shareholders hold equity totaling $577.12 million.
Let’s look briefly at Lowe’s Cos. Inc. (LOW) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 26 September was 24.25% to suggest the stock is trending oversold, with historical volatility in this time period at 33.70%.
The stock’s 5-day moving average is $211.41, reflecting a -4.12% or -$8.96 change from its current price. LOW is currently trading -6.37% above its 20-day SMA, +1.57% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -8.52% and SMA200 by+0.80%.
Stochastic %K and %D was 6.49% and 5.50% and the average true range (ATR) pointed at 4.02. The RSI (14) points at 30.18%, while the 14-day stochastic is at 1.45% with the period’s ATR at 4.02. The stock’s 9-day MACD Oscillator is pointing at -5.40 and -10.86 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Lowe’s Cos. Inc. (NYSE: LOW), HSBC Securities launched coverage with a Hold rating.
