PRNewswire (Mon, 4-Nov 10:26 AM ET)
Boeing said to dismantle diversity department, DEI head quits
Seeking Alpha News (Fri, 1-Nov 5:41 AM ET)
Seeking Alpha’s Election 2024 Virtual Event: The future of Retail
Seeking Alpha News (Wed, 30-Oct 2:14 PM ET)
The future of retail: SA Election Forum
Seeking Alpha News (Wed, 30-Oct 2:14 PM ET)
PRNewswire (Wed, 30-Oct 8:00 AM ET)
Bullish On LOW? You Might Want To Consider This Credit Put Spread Expiring in 17 Days
Market Chameleon (Thu, 17-Oct 9:10 AM ET)
Lowe's Pledges Incremental $10 Million and Mobilizes Volunteers to Support Hurricane Relief
PRNewswire (Fri, 11-Oct 9:18 AM ET)
LOWE'S ANNOUNCES 2024 VENDOR PARTNERS OF THE YEAR
PRNewswire (Tue, 1-Oct 9:44 AM ET)
Lowe's Pledges $2 Million to Support Hurricane Helene Relief Efforts
PRNewswire (Mon, 30-Sep 9:15 AM ET)
PRNewswire (Thu, 26-Sep 8:00 AM ET)
Lowe's is the second-largest home improvement retailer in the world, operating more than 1,700 stores in the United States, after the 2023 divestiture of its Canadian locations (RONA, Lowe's Canada, Réno-Dépôt, and Dick's Lumber). The firm's stores offer products and services for home decorating, maintenance, repair, and remodeling, with maintenance and repair accounting for two thirds of products sold. Lowe's targets retail do-it-yourself (around 75% of sales) and do-it-for-me customers as well as commercial and professional business clients (around 25% of sales). We estimate Lowe's captures a high-single-digit share of the domestic home improvement market, based on US Census data and management's market size estimates.
Lowe's Companies trades on the NYSE stock market under the symbol LOW.
As of November 4, 2024, LOW stock price climbed to $265.10 with 1,095,197 million shares trading.
LOW has a beta of 0.99, meaning it tends to be less sensitive to market movements. LOW has a correlation of 0.22 to the broad based SPY ETF.
LOW has a market cap of $150.39 billion. This is considered a Large Cap stock.
Last quarter Lowe's Companies reported $24 billion in Revenue and $4.10 earnings per share. This fell short of revenue expectation by $-324 million and exceeded earnings estimates by $.13.
In the last 3 years, LOW traded as high as $287.01 and as low as $170.12.
The top ETF exchange traded funds that LOW belongs to (by Net Assets): VTI, VOO, SPY, IVV, VTV.
LOW has outperformed the market in the last year with a return of +40.9%, while the SPY ETF gained +36.5%. In the last 3 month period, LOW beat the market returning +10.3%, while SPY returned +5.3%. However, in the most recent 2 weeks LOW has underperformed the stock market by returning -5.5%, while SPY returned -2.5%.
LOW support price is $258.42 and resistance is $265.46 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that LOW shares will trade within this expected range on the day.