28-Mar-2024
TipRanks (Wed, 27-Mar 6:30 AM ET)
Lowe’s (LOW) Receives a Rating Update from a Top Analyst
TipRanks (Mon, 25-Mar 6:35 AM ET)
LOWE'S COMPANIES, INC. DECLARES CASH DIVIDEND
PRNewswire (Fri, 22-Mar 4:30 PM ET)
Lowe's is Helping Homeowners Save Money on Their Spring Home Improvement Projects
PRNewswire (Thu, 21-Mar 7:00 AM ET)
PRNewswire (Wed, 13-Mar 8:00 AM ET)
RELEX Solutions and Accenture to Help Lowe's Enhance Inventory Planning
Business Wire (Thu, 7-Mar 9:00 AM ET)
LOWE'S REPORTS FOURTH QUARTER 2023 SALES AND EARNINGS RESULTS
PRNewswire (Tue, 27-Feb 6:00 AM ET)
Sunrun and Lowe's Partner to Bring Solar and Storage to Millions of Homeowners
Globe Newswire (Wed, 21-Feb 4:01 PM ET)
Lowe's Companies, Inc. to Host Fourth Quarter & Fiscal 2023 Earnings Conference Call on Feb. 27
PRNewswire (Tue, 20-Feb 6:00 AM ET)
PRNewswire (Fri, 9-Feb 4:36 PM 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 U.S. Census data and management's market size estimates.
Lowe's Companies trades on the NYSE stock market under the symbol LOW.
As of March 28, 2024, LOW stock price climbed to $254.73 with 2,396,307 million shares trading.
LOW has a beta of 1.40, meaning it tends to be more sensitive to market movements. LOW has a correlation of 0.52 to the broad based SPY ETF.
LOW has a market cap of $145.75 billion. This is considered a Large Cap stock.
Last quarter Lowe's Companies reported $19 billion in Revenue and $1.77 earnings per share. This beat revenue expectation by $152 million and exceeded earnings estimates by $.09.
In the last 3 years, LOW stock traded as high as $263.31 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 price return of +36.0% while the SPY ETF gained +33.6%. LOW has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +14.8% and +3.0%, respectively, while the SPY returned +10.1% and +1.7%, respectively.
LOW support price is $250.28 and resistance is $256.38 (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 stock will trade within this expected range on the day.