Lowe’s Companies Inc. [NYSE: LOW] traded at a low on 01/03/22, posting a -1.15 loss after which it closed the day’ session at $255.51. The company report on December 21, 2021 that S&P 500 Buybacks Set A Record High.
S&P 500 Q3 2021 buybacks were $234.6 billion, up 18.0% from Q2 2021, up 130.5% from Q3 2020, and up 5.2% from the prior Q4 2018 record of $223.0 billion.
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S&P Dow Jones Indices (“S&P DJI”) announced today preliminary S&P 500® stock buyback, or share repurchases, data for Q3 2021.
The results of the trading session contributed to over 5169128 shares changing hands. Over the past one week, the price volatility of Lowe’s Companies Inc. stands at 1.56% while the volatility over the past one month is 1.93%.
The market cap for LOW stock reached $171.88 billion, with 690.00 million shares outstanding and 673.18 million shares in the current float. Compared to the average trading volume of 3.23M shares, LOW reached a trading volume of 5169128 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about 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 $274.36 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.
Jefferies have made an estimate for Lowe’s Companies Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on December 16, 2021. While these analysts kept the previous recommendation, Guggenheim raised their target price from $275 to $300. The new note on the price target was released on December 16, 2021, representing the official price target for Lowe’s Companies Inc. stock. Previously, the target price had yet another raise from $260 to $265, while Evercore ISI kept a In-line rating on LOW stock.
The Average True Range (ATR) for Lowe’s Companies Inc. is set at 5.04, with the Price to Sales ratio for LOW stock in the period of the last 12 months amounting to 1.81. Price to Free Cash Flow for LOW in the course of the last twelve months was 34.49 with Quick ratio for the last quarter at 0.40.
How has LOW stock performed recently?
Lowe’s Companies Inc. [LOW] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.71. With this latest performance, LOW shares gained by 2.04% in over the last four-week period, additionally plugging by 31.20% over the last 6 months – not to mention a rise of 59.32% 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 56.76, with the RSI for the last a single of trading hit 55.40, and the three-weeks RSI is set at 58.34 for Lowe’s Companies Inc. [LOW]. The present Moving Average for the last 50 days of trading for this stock 245.54, while it was recorded at 256.39 for the last single week of trading, and 210.20 for the last 200 days.
Lowe’s Companies Inc. [LOW]: Deeper insight into the 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 +12.15 and a Gross Margin at +31.44. Lowe’s Companies Inc.’s Net Margin is presently recorded at +6.49.
Return on Total Capital for LOW is now 40.78, given the latest momentum, and Return on Invested Capital for the company is 23.88. Return on Equity for this stock inclined to 340.92, with Return on Assets sitting at 13.02. 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 1,824.01. Additionally, LOW Total Debt to Total Capital is recorded at 94.80, with Total Debt to Total Assets ending up at 54.28. Long-Term Debt to Equity for the company is recorded at 1,708.98, with the Long-Term Debt to Total Capital now at 88.82.
Reflecting on the efficiency of the workforce at the company, Lowe’s Companies Inc. [LOW] managed to generate an average of $17,091 per employee.Lowe’s Companies Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.40 and a Current Ratio set at 1.20.
Earnings analysis for Lowe’s Companies Inc. [LOW]
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 16.70%.
Insider trade positions for Lowe’s Companies Inc. [LOW]
There are presently around $130,392 million, or 77.50% of LOW stock, in the hands of institutional investors. The top three institutional holders of LOW stocks are: VANGUARD GROUP INC with ownership of 58,969,301, which is approximately -0.595% of the company’s market cap and around 0.05% of the total institutional ownership; BLACKROCK INC., holding 48,861,886 shares of the stock with an approximate value of $12.63 billion in LOW stocks shares; and STATE STREET CORP, currently with $7.9 billion in LOW stock with ownership of nearly -0.77% of the company’s market capitalization.
Positions in Lowe’s Companies Inc. stocks held by institutional investors increased at the end of November and at the time of the November reporting period, where 926 institutional holders increased their position in Lowe’s Companies Inc. [NYSE:LOW] by around 13,535,084 shares. Additionally, 943 investors decreased positions by around 26,248,391 shares, while 339 investors held positions by with 464,672,037 shares. The mentioned changes placed institutional holdings at 504,455,512 shares, according to the latest SEC report filing. LOW stock had 131 new institutional investments in for a total of 2,819,759 shares, while 94 institutional investors sold positions of 1,416,481 shares during the same period.