Lowe’s Companies, Inc. (NYSE:LOW – Free Report) – Equities researchers at DA Davidson lowered their FY2026 earnings per share (EPS) estimates for shares of Lowe’s Companies in a research report issued on Thursday, February 27th. DA Davidson analyst M. Baker now anticipates that the home improvement retailer will earn $12.25 per share for the year, down from their prior forecast of $12.63. DA Davidson currently has a “Neutral” rating and a $270.00 price target on the stock. The consensus estimate for Lowe’s Companies’ current full-year earnings is $11.90 per share.
Other analysts have also issued reports about the company. StockNews.com raised Lowe’s Companies from a “hold” rating to a “buy” rating in a report on Friday, January 17th. Piper Sandler decreased their target price on Lowe’s Companies from $307.00 to $296.00 and set an “overweight” rating for the company in a report on Thursday, February 27th. Telsey Advisory Group reissued an “outperform” rating and issued a $305.00 target price on shares of Lowe’s Companies in a report on Wednesday, February 26th. Guggenheim reiterated a “buy” rating and set a $300.00 target price on shares of Lowe’s Companies in a research report on Thursday, December 12th. Finally, Sanford C. Bernstein boosted their price target on Lowe’s Companies from $301.00 to $304.00 and gave the stock an “outperform” rating in a research note on Thursday, December 12th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and fifteen have issued a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $280.83.
Lowe’s Companies Price Performance
Shares of NYSE:LOW opened at $239.71 on Monday. The business’s 50-day moving average is $252.28 and its 200 day moving average is $259.23. The firm has a market capitalization of $135.35 billion, a P/E ratio of 19.99, a P/E/G ratio of 1.96 and a beta of 1.11. Lowe’s Companies has a 1 year low of $211.80 and a 1 year high of $287.01.
Lowe’s Companies (NYSE:LOW – Get Free Report) last issued its quarterly earnings data on Wednesday, February 26th. The home improvement retailer reported $1.93 earnings per share for the quarter, topping analysts’ consensus estimates of $1.83 by $0.10. Lowe’s Companies had a negative return on equity of 47.55% and a net margin of 8.19%. The firm had revenue of $18.55 billion during the quarter, compared to analysts’ expectations of $18.29 billion.
Institutional Trading of Lowe’s Companies
Several large investors have recently modified their holdings of LOW. Klingenstein Fields & Co. LP lifted its position in shares of Lowe’s Companies by 1.0% during the fourth quarter. Klingenstein Fields & Co. LP now owns 4,101 shares of the home improvement retailer’s stock worth $1,012,000 after purchasing an additional 39 shares during the last quarter. Mitchell Mcleod Pugh & Williams Inc. grew its position in Lowe’s Companies by 0.5% in the third quarter. Mitchell Mcleod Pugh & Williams Inc. now owns 7,460 shares of the home improvement retailer’s stock worth $2,021,000 after buying an additional 40 shares during the last quarter. Saxony Capital Management LLC grew its position in Lowe’s Companies by 4.2% in the fourth quarter. Saxony Capital Management LLC now owns 994 shares of the home improvement retailer’s stock worth $245,000 after buying an additional 40 shares during the last quarter. Powers Advisory Group LLC raised its stake in Lowe’s Companies by 2.7% during the 4th quarter. Powers Advisory Group LLC now owns 1,541 shares of the home improvement retailer’s stock valued at $380,000 after purchasing an additional 40 shares during the period. Finally, Gen Wealth Partners Inc raised its stake in Lowe’s Companies by 1.9% during the 4th quarter. Gen Wealth Partners Inc now owns 2,163 shares of the home improvement retailer’s stock valued at $534,000 after purchasing an additional 40 shares during the period. 74.06% of the stock is currently owned by institutional investors and hedge funds.
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.
Featured Articles
- Five stocks we like better than Lowe’s Companies
- Best of the list of Dividend Aristocrats: Build wealth with the aristocrat index
- GitLab: Get In While It’s Down—Big Rebound Ahead
- Why Invest in High-Yield Dividend Stocks?
- Tesla Stock: Finding a Bottom May Take Time
- Stocks with Unusual Volume: How to Find Unusual Volume Stocks in Real Time
- Duolingo: This Beaten-Down Stock Is About to Rally 38%
Receive News & Ratings for Lowe's Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lowe's Companies and related companies with MarketBeat.com's FREE daily email newsletter.