Investors bought shares of Lowe’s Companies, Inc. (NYSE:LOW) on weakness during trading hours on Friday. $142.37 million flowed into the stock on the tick-up and $108.50 million flowed out of the stock on the tick-down, for a money net flow of $33.87 million into the stock. Of all equities tracked, Lowe’s Companies had the 32nd highest net in-flow for the day. Lowe’s Companies traded down ($1.38) for the day and closed at $99.33

Several brokerages have recently commented on LOW. Wells Fargo & Co upped their price objective on shares of Lowe’s Companies from $110.00 to $120.00 in a report on Thursday, February 28th. KeyCorp upped their price objective on shares of Lowe’s Companies from $115.00 to $120.00 and gave the stock an “overweight” rating in a report on Thursday, February 28th. Morgan Stanley upped their price objective on shares of Lowe’s Companies from $110.00 to $115.00 and gave the stock an “overweight” rating in a report on Thursday, February 28th. Wedbush upped their price objective on shares of Lowe’s Companies from $95.00 to $110.00 and gave the stock a “neutral” rating in a report on Thursday, February 28th. Finally, ValuEngine upgraded shares of Lowe’s Companies from a “hold” rating to a “buy” rating in a report on Thursday, February 28th. Eight research analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the stock. Lowe’s Companies presently has an average rating of “Buy” and a consensus target price of $113.13.

The firm has a market cap of $79.76 billion, a price-to-earnings ratio of 19.32, a price-to-earnings-growth ratio of 1.25 and a beta of 1.27. The company has a debt-to-equity ratio of 2.68, a quick ratio of 0.18 and a current ratio of 1.00.

Lowe’s Companies (NYSE:LOW) last announced its quarterly earnings data on Wednesday, February 27th. The home improvement retailer reported $0.80 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.79 by $0.01. Lowe’s Companies had a net margin of 5.19% and a return on equity of 72.47%. The business had revenue of $15.65 billion for the quarter, compared to analyst estimates of $15.75 billion. During the same period last year, the business earned $0.74 EPS. The company’s revenue was up 1.0% on a year-over-year basis. Research analysts forecast that Lowe’s Companies, Inc. will post 6.06 EPS for the current year.

Several institutional investors and hedge funds have recently made changes to their positions in LOW. Clarfeld Financial Advisors LLC purchased a new position in shares of Lowe’s Companies in the 4th quarter valued at $26,000. Capital Financial Planning LLC purchased a new position in Lowe’s Companies during the 4th quarter worth $46,000. CNB Bank purchased a new position in Lowe’s Companies during the 4th quarter worth $46,000. Ironwood Financial llc grew its position in Lowe’s Companies by 171.0% during the 4th quarter. Ironwood Financial llc now owns 542 shares of the home improvement retailer’s stock worth $50,000 after purchasing an additional 342 shares during the last quarter. Finally, Contravisory Investment Management Inc. grew its position in Lowe’s Companies by 360.6% during the 4th quarter. Contravisory Investment Management Inc. now owns 654 shares of the home improvement retailer’s stock worth $60,000 after purchasing an additional 512 shares during the last quarter. Institutional investors and hedge funds own 74.42% of the company’s stock.

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About Lowe’s Companies (NYSE:LOW)

Lowe's Companies, Inc, together with its subsidiaries, operates as a home improvement retailer in the United States, Canada, and Mexico. It offers a line of products for maintenance, repair, remodeling, and decorating. The company provides home improvement products in various categories, such as lumber and building materials, tools and hardware, appliances, fashion fixtures, rough plumbing and electrical, seasonal and outdoor living, lawn and garden, paint, millwork, flooring, and kitchens, as well as outdoor power equipment.

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