Lowe’s Companies (NYSE:LOW) Issues Earnings Results

Lowe’s Companies (NYSE:LOW) posted its quarterly earnings results on Wednesday. The home improvement retailer reported $1.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.83 by $0.10, Zacks reports. Lowe’s Companies had a net margin of 8.19% and a negative return on equity of 47.55%. Lowe’s Companies updated its FY 2025 guidance to 12.150-12.400 EPS.

Lowe’s Companies Price Performance

Shares of LOW traded up $8.12 during trading hours on Wednesday, hitting $250.51. The stock had a trading volume of 2,326,291 shares, compared to its average volume of 2,319,201. The firm has a market capitalization of $141.45 billion, a PE ratio of 20.90, a PEG ratio of 1.96 and a beta of 1.11. Lowe’s Companies has a 12 month low of $211.80 and a 12 month high of $287.01. The stock has a fifty day moving average price of $252.53 and a 200 day moving average price of $258.94.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on LOW shares. Telsey Advisory Group reissued an “outperform” rating and set a $305.00 target price on shares of Lowe’s Companies in a report on Wednesday. Wedbush reissued a “neutral” rating and set a $250.00 price objective on shares of Lowe’s Companies in a report on Thursday, December 12th. Royal Bank of Canada lifted their target price on Lowe’s Companies from $291.00 to $292.00 and gave the company a “sector perform” rating in a report on Thursday, December 12th. Barclays increased their price target on shares of Lowe’s Companies from $229.00 to $245.00 and gave the stock an “equal weight” rating in a report on Wednesday, November 20th. Finally, Evercore ISI boosted their price objective on shares of Lowe’s Companies from $270.00 to $290.00 and gave the company an “in-line” rating in a research note on Thursday, December 12th. Ten investment analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $282.96.

About Lowe’s Companies

Lowe’s Companies, Inc, together with its subsidiaries, operates as a home improvement retailer in the United States. The company offers a line of products for construction, maintenance, repair, remodeling, and decorating. It also provides home improvement products, such as appliances, seasonal and outdoor living, lawn and garden, lumber, kitchens and bath, tools, paint, millwork, hardware, flooring, rough plumbing, building materials, décor, and electrical.