Lowe’s Companies Inc. [NYSE: LOW] stock went on an upward path that rose over 1.35% on Monday, amounting to a one-week price decrease of less than -4.70%. The company report on October 30, 2020 that Lowe’s To Hire 20,000 Associates For Holiday Season And Announces An Additional $100 Million Bonus For Front-Line Workers.
— Full-time, part-time, seasonal and overnight roles available at U.S. stores –.
— Regional distribution centers to add 2,500 team members across supply chain network –.
Over the last 12 months, LOW stock rose by 41.86%. The one-year Lowe’s Companies Inc. stock forecast points to a potential upside of 13.41. The average equity rating for LOW stock is currently 1.90, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $123.12 billion, with 755.74 million shares outstanding and 754.12 million shares in the current float. Compared to the average trading volume of 3.86M shares, LOW stock reached a trading volume of 2973945 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Lowe’s Companies Inc. [LOW]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for LOW shares is $185.04 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on LOW stock is a recommendation set at 1.90. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Exane BNP Paribas have made an estimate for Lowe’s Companies Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on October 05, 2020. While these analysts kept the previous recommendation, Oppenheimer dropped their target price from $185 to $180. The new note on the price target was released on September 18, 2020, representing the official price target for Lowe’s Companies Inc. stock. Previously, the target price had yet another raise from $160 to $190, while Morgan Stanley kept a Overweight rating on LOW stock. On August 20, 2020, analysts increased their price target for LOW shares from 165 to 180.
The Average True Range (ATR) for Lowe’s Companies Inc. is set at 4.32, with the Price to Sales ratio for LOW stock in the period of the last 12 months amounting to 1.53. The Price to Book ratio for the last quarter was 27.67, with the Price to Cash per share for the same quarter was set at 16.56. Price to Free Cash Flow for LOW in the course of the last twelve months was 13.51 with Quick ratio for the last quarter at 0.60.
LOW Stock Performance Analysis:
Lowe’s Companies Inc. [LOW] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.70. With this latest performance, LOW shares dropped by -3.76% in over the last four-week period, additionally plugging by 45.47% over the last 6 months – not to mention a rise of 41.86% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for LOW stock in for the last two-week period is set at 39.25, with the RSI for the last a single of trading hit 33.03, and the three-weeks RSI is set at 43.96 for Lowe’s Companies Inc. [LOW]. The present Moving Average for the last 50 days of trading for this stock 166.01, while it was recorded at 161.13 for the last single week of trading, and 131.38 for the last 200 days.
Insight into Lowe’s Companies Inc. Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Lowe’s Companies Inc. [LOW] shares currently have an operating margin of +9.12 and a Gross Margin at +30.05. Lowe’s Companies Inc.’s Net Margin is presently recorded at +5.92.
Return on Total Capital for LOW is now 28.86, given the latest momentum, and Return on Invested Capital for the company is 20.96. Return on Equity for this stock inclined to 151.99, with Return on Assets sitting at 11.29. When it comes to the capital structure of this company, Lowe’s Companies Inc. [LOW] has a Total Debt to Total Equity ratio set at 1,204.36. Additionally, LOW Total Debt to Total Capital is recorded at 92.33, with Total Debt to Total Assets ending up at 57.94. Long-Term Debt to Equity for the company is recorded at 1,050.25, with the Long-Term Debt to Total Capital now at 80.52.
Reflecting on the efficiency of the workforce at the company, Lowe’s Companies Inc. [LOW] managed to generate an average of $13,338 per employee.Lowe’s Companies Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.60 and a Current Ratio set at 1.30.
LOW Stock EPS
With the latest financial reports released by the company, Lowe’s Companies Inc. posted 1.41/share EPS, while the average EPS was predicted by analysts to be reported at 1.35/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 4.40%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for LOW. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Lowe’s Companies Inc. go to 20.70%.
Lowe’s Companies Inc. [LOW] Insider Position Details
There are presently around $90,760 million, or 77.20% of LOW stock, in the hands of institutional investors. The top three institutional holders of LOW stocks are: VANGUARD GROUP INC with ownership of 64,308,507, which is approximately -5.123% of the company’s market cap and around 0.17% of the total institutional ownership; BLACKROCK INC., holding 58,599,359 shares of the stock with an approximate value of $9.26 billion in LOW stocks shares; and STATE STREET CORP, currently with $5.48 billion in LOW stock with ownership of nearly -2.082% of the company’s market capitalization.
Positions in Lowe’s Companies Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 859 institutional holders increased their position in Lowe’s Companies Inc. [NYSE:LOW] by around 44,150,596 shares. Additionally, 844 investors decreased positions by around 45,017,368 shares, while 221 investors held positions by with 484,900,433 shares. The mentioned changes placed institutional holdings at 574,068,397 shares, according to the latest SEC report filing. LOW stock had 247 new institutional investments in for a total of 9,841,553 shares, while 77 institutional investors sold positions of 5,107,212 shares during the same period.