Lowe’s Companies (NYSE:LOW – Get Free Report) was downgraded by equities researchers at Stifel Nicolaus from a “hold” rating to a “sell” rating in a report issued on Friday, FinViz reports. They currently have a $190.00 target price on the home improvement retailer’s stock, down from their prior target price of $195.00. Stifel Nicolaus‘s price target would suggest a potential downside of 16.54% from the company’s previous close.
A number of other research analysts have also recently weighed in on LOW. TD Cowen restated a “hold” rating and issued a $235.00 price target on shares of Lowe’s Companies in a research report on Thursday, August 20th. KeyCorp reiterated an “overweight” rating and issued a $275.00 price objective on shares of Lowe’s Companies in a research report on Thursday, August 20th. Wells Fargo & Company lowered their price objective on shares of Lowe’s Companies from $255.00 to $245.00 and set an “overweight” rating on the stock in a research note on Tuesday, August 11th. Truist Financial dropped their target price on shares of Lowe’s Companies from $255.00 to $254.00 and set a “buy” rating for the company in a report on Thursday, August 20th. Finally, Weiss Ratings upgraded shares of Lowe’s Companies from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, November 4th. One analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, eleven have given a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $254.58.
Check Out Our Latest Stock Analysis on Lowe’s Companies
Lowe’s Companies Price Performance
LOW opened at $227.66 on Friday. The stock has a market cap of $127.73 billion, a P/E ratio of 19.24, a P/E/G ratio of 1.99 and a beta of 0.81. The stock’s 50 day simple moving average is $199.39 and its 200 day simple moving average is $224.22. Lowe’s Companies has a 1-year low of $178.45 and a 1-year high of $293.06.
Lowe’s Companies (NYSE:LOW – Get Free Report) last released its quarterly earnings data on Wednesday, August 19th. The home improvement retailer reported $4.40 earnings per share for the quarter, beating the consensus estimate of $4.22 by $0.18. The firm had revenue of $25.96 billion during the quarter, compared to the consensus estimate of $26.13 billion. Lowe’s Companies had a negative return on equity of 75.67% and a net margin of 7.34%. Lowe’s Companies’s quarterly revenue was up 8.3% on a year-over-year basis. During the same period last year, the business posted $4.33 EPS. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.250 EPS. Research analysts expect that Lowe’s Companies will post 12.26 EPS for the current fiscal year.
Institutional Trading of Lowe’s Companies
Large investors have recently made changes to their positions in the stock. Markowski Investments purchased a new position in Lowe’s Companies in the 2nd quarter valued at about $33,000. William Mack & Associates Inc. purchased a new stake in shares of Lowe’s Companies during the third quarter worth about $31,000. Latitude Advisors LLC acquired a new position in shares of Lowe’s Companies in the third quarter valued at approximately $32,000. Legacy Wealth Managment LLC ID raised its position in shares of Lowe’s Companies by 219.7% in the first quarter. Legacy Wealth Managment LLC ID now owns 195 shares of the home improvement retailer’s stock valued at $46,000 after buying an additional 134 shares during the last quarter. Finally, John Boyer Inc. acquired a new position in shares of Lowe’s Companies in the third quarter valued at approximately $36,000. Institutional investors and hedge funds own 74.06% of the company’s stock.
Key Headlines Impacting Lowe’s Companies
These are some of the LOW headlines that stood out recently:
- Positive Sentiment: Lowe’s is partnering exclusively with Bilt, connecting its products, rewards and home services to Bilt’s 8 million members through the Bilt app. The expanded loyalty and customer-reach opportunity could support sales. Article: Lowe’s Ties Rewards and Home Services to an 8 Million Member Platform
- Positive Sentiment: Sanford C. Bernstein and JPMorgan Chase raised their price targets on LOW, providing a favorable analyst signal, although the available reports do not specify the new targets. Article: Bernstein Price Target Boost Article: JPMorgan Price Target Bump
- Neutral Sentiment: Analyst previews point to a possible third-quarter earnings beat, citing an Earnings ESP of +0.59%, Pro demand and digital growth. Lowe’s is scheduled to report on Nov. 18; the results and management’s outlook may be more consequential than the beat potential alone. Article: What’s Lowe’s Probability of an Earnings Beat This Season?
About Lowe’s Companies
Lowe’s Companies, Inc. is a home improvement retailer serving homeowners, do-it-yourself customers and professional contractors. The company sells products for construction, maintenance, repair and renovation through its retail stores and online channels. Its offerings include appliances, tools, hardware, lumber and building materials, paint, plumbing and electrical supplies, and products for lawn and garden. Lowe’s also provides services such as installation and other project support. Founded in 1921 in North Wilkesboro, North Carolina, Lowe’s has grown into a major retailer operating across the United States.
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