Wall Street Analyst Initiated Lowe’s Companies Inc. [LOW]. What else is Wall St. saying

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Lowe’s Companies Inc. [NYSE: LOW] stock went on a downward path that fall over -5.16% on Tuesday, amounting to a one-week price increase of more than 1.36%. The company report on June 24, 2022 that LOWE’S RELEASES 2021 CORPORATE RESPONSIBILITY REPORT.


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Company beats 2025 goal by achieving 42 percent greenhouse gas emissions reduction; invested $10 million and completed 100 community impact projects through ‘100 Hometowns’ centennial initiative.

Lowe’s published its 2021 Corporate Responsibility report today, detailing the company’s goals and progress in three key areas: people and communities, product sustainability and operational excellence. This year’s report, the company’s 19th, reiterates Lowe’s commitment to being a responsible corporate citizen.

Over the last 12 months, LOW stock dropped by -9.57%. The one-year Lowe’s Companies Inc. stock forecast points to a potential upside of 28.56. 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 $107.69 billion, with 660.00 million shares outstanding and 638.43 million shares in the current float. Compared to the average trading volume of 4.34M shares, LOW stock reached a trading volume of 4947979 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 $244.57 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.

MKM Partners have made an estimate for Lowe’s Companies Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on June 23, 2022. While these analysts kept the previous recommendation, Wedbush dropped their target price from $240 to $200. The new note on the price target was released on May 19, 2022, representing the official price target for Lowe’s Companies Inc. stock. Previously, the target price had yet another drop from $250 to $240, while UBS kept a Buy rating on LOW stock. On May 19, 2022, analysts decreased their price target for LOW shares from 283 to 237.

The Average True Range (ATR) for Lowe’s Companies Inc. is set at 6.29, with the Price to Sales ratio for LOW stock in the period of the last 12 months amounting to 1.13. Price to Free Cash Flow for LOW in the course of the last twelve months was 22.52 with Quick ratio for the last quarter at 0.20.

LOW Stock Performance Analysis:

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 1.36. With this latest performance, LOW shares dropped by -10.64% in over the last four-week period, additionally sinking by -31.13% over the last 6 months – not to mention a drop of -9.57% 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 39.52, with the RSI for the last a single of trading hit 38.74, and the three-weeks RSI is set at 40.24 for Lowe’s Companies Inc. [LOW]. The present Moving Average for the last 50 days of trading for this stock 191.34, while it was recorded at 178.34 for the last single week of trading, and 219.87 for the last 200 days.

Insight into Lowe’s Companies Inc. Fundamentals:

Lowe’s Companies Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.20 and a Current Ratio set at 1.20.

LOW Stock EPS

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 15.05%.

Lowe’s Companies Inc. [LOW] Insider Position Details

There are presently around $91,509 million, or 79.60% of LOW stock, in the hands of institutional investors. The top three institutional holders of LOW stocks are: VANGUARD GROUP INC with ownership of 57,206,471, which is approximately -0.851% of the company’s market cap and around 0.10% of the total institutional ownership; BLACKROCK INC., holding 45,259,386 shares of the stock with an approximate value of $8.34 billion in LOW stocks shares; and STATE STREET CORP, currently with $5.3 billion in LOW stock with ownership of nearly -6.756% of the company’s market capitalization.

Positions in Lowe’s Companies Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 1,010 institutional holders increased their position in Lowe’s Companies Inc. [NYSE:LOW] by around 26,203,043 shares. Additionally, 1,211 investors decreased positions by around 32,166,417 shares, while 300 investors held positions by with 438,370,376 shares. The mentioned changes placed institutional holdings at 496,739,836 shares, according to the latest SEC report filing. LOW stock had 137 new institutional investments in for a total of 1,714,849 shares, while 209 institutional investors sold positions of 4,155,204 shares during the same period.

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