Lowe’s Companies Inc. [LOW] fell -17.16% so far this year. What now?

Lowe’s Companies Inc. [NYSE: LOW] traded at a high on 08/16/22, posting a 2.92 gain after which it closed the day’ session at $214.12. The company report on August 10, 2022 that Lowe’s Companies, Inc. to Host Second Quarter 2022 Earnings Conference Call on August 17th.

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Lowe’s Companies, Inc. (NYSE: LOW) announced today that it will hold its Second Quarter 2022 Earnings Conference Call at 9 a.m. Eastern time on Wednesday, Aug. 17. A webcast will be available by visiting the Quarterly Earnings section of the Lowe’s Investor Relations website, ir.lowes.com. Supplemental materials will be available 15 minutes before the start of the conference call.

The results of the trading session contributed to over 5870105 shares changing hands. Over the past one week, the price volatility of Lowe’s Companies Inc. stands at 2.67% while the volatility over the past one month is 2.58%.

The market cap for LOW stock reached $134.01 billion, with 660.00 million shares outstanding and 638.45 million shares in the current float. Compared to the average trading volume of 3.78M shares, LOW reached a trading volume of 5870105 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 $237.33 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 2.00. 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.

Citigroup have made an estimate for Lowe’s Companies Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on August 11, 2022. While these analysts kept the previous recommendation, MKM Partners raised their target price to Neutral. The new note on the price target was released on June 23, 2022, representing the official price target for Lowe’s Companies Inc. stock. Previously, the target price had yet another drop from $240 to $200, while Wedbush kept a Neutral rating on LOW stock. On May 19, 2022, analysts decreased their price target for LOW shares from 250 to 240.

The Average True Range (ATR) for Lowe’s Companies Inc. is set at 5.50, with the Price to Sales ratio for LOW stock in the period of the last 12 months amounting to 1.40. Price to Free Cash Flow for LOW in the course of the last twelve months was 28.02 with Quick ratio for the last quarter at 0.20.

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 9.69. With this latest performance, LOW shares gained by 15.25% in over the last four-week period, additionally sinking by -5.24% over the last 6 months – not to mention a rise of 10.67% 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 71.86, with the RSI for the last a single of trading hit 76.81, and the three-weeks RSI is set at 67.16 for Lowe’s Companies Inc. [LOW]. The present Moving Average for the last 50 days of trading for this stock 187.73, while it was recorded at 206.45 for the last single week of trading, and 216.02 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 +12.73 and a Gross Margin at +31.58. Lowe’s Companies Inc.’s Net Margin is presently recorded at +8.74.

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.

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 9.40%.

Insider trade positions for Lowe’s Companies Inc. [LOW]

There are presently around $102,980 million, or 79.10% of LOW stock, in the hands of institutional investors. The top three institutional holders of LOW stocks are: VANGUARD GROUP INC with ownership of 56,565,576, which is approximately -1.12% of the company’s market cap and around 0.10% of the total institutional ownership; BLACKROCK INC., holding 45,892,211 shares of the stock with an approximate value of $9.83 billion in LOW stocks shares; and STATE STREET CORP, currently with $5.88 billion in LOW stock with ownership of nearly -4.602% 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 931 institutional holders increased their position in Lowe’s Companies Inc. [NYSE:LOW] by around 18,053,884 shares. Additionally, 1,129 investors decreased positions by around 32,856,346 shares, while 336 investors held positions by with 430,035,930 shares. The mentioned changes placed institutional holdings at 480,946,160 shares, according to the latest SEC report filing. LOW stock had 97 new institutional investments in for a total of 2,451,166 shares, while 210 institutional investors sold positions of 5,533,144 shares during the same period.


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