Zacks Research（纽约证券交易所代码：LOW）提高了劳氏公司对2024年第一季度每股收益的预期|EPS_新浪财经

Lowe's Companies, Inc. (NYSE:LOW – Get Rating) – Equities research analysts at Zacks Research increased their Q1 2024 EPS estimates for Lowe's Companies in a research report issued on Wednesday, March 15th. Zacks Research analyst S. Singh now expects that the home improvement retailer will earn $3.52 per share for the quarter, up from their prior estimate of $3.30. The consensus estimate for Lowe's Companies' current full-year earnings is $13.83 per share. Zacks Research also issued estimates for Lowe's Companies' Q2 2024 earnings at $4.75 EPS, Q3 2024 earnings at $3.24 EPS, Q4 2024 earnings at $2.11 EPS, FY2024 earnings at $13.62 EPS, Q1 2025 earnings at $3.72 EPS, Q2 2025 earnings at $5.17 EPS, Q3 2025 earnings at $3.53 EPS and Q4 2025 earnings at $2.27 EPS.

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Lowe's Companies (NYSE:LOW – Get Rating) last announced its earnings results on Wednesday, March 1st. The home improvement retailer reported $2.28 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.21 by $0.07. Lowe's Companies had a net margin of 6.63% and a negative return on equity of 82.30%. The company had revenue of $22.40 billion for the quarter, compared to analyst estimates of $22.71 billion. During the same period in the prior year, the business earned $1.78 earnings per share. Lowe's Companies's quarterly revenue was up 5.0% on a year-over-year basis.

LOW has been the topic of a number of other reports. Morgan Stanley reiterated an "overweight" rating and set a $235.00 target price on shares of Lowe's Companies in a research report on Monday, February 13th. Loop Capital dropped their price target on shares of Lowe's Companies from $210.00 to $200.00 in a research note on Friday, December 9th. Sanford C. Bernstein assumed coverage on shares of Lowe's Companies in a research note on Tuesday, December 6th. They set a "market perform" rating and a $237.00 price target for the company. Telsey Advisory Group dropped their price target on shares of Lowe's Companies from $250.00 to $235.00 and set an "outperform" rating for the company in a research note on Thursday, March 2nd. Finally, Barclays assumed coverage on shares of Lowe's Companies in a research note on Tuesday, February 7th. They set an "equal weight" rating and a $215.00 price target for the company. Two analysts have rated the stock with a sell rating, twelve have given a hold rating and fourteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, Lowe's Companies currently has an average rating of "Hold" and an average price target of $224.81.

Lowe's Companies Trading Down 1.2 %

Shares of LOW stock opened at $197.36 on Monday. Lowe's Companies has a 1 year low of $170.12 and a 1 year high of $238.37. The firm's 50 day moving average is $205.77 and its 200-day moving average is $201.11. The firm has a market capitalization of $122.50 billion, a price-to-earnings ratio of 19.72, a PEG ratio of 1.10 and a beta of 1.10.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the business. Morgan Stanley boosted its holdings in Lowe's Companies by 21.3% during the fourth quarter. Morgan Stanley now owns 11,690,606 shares of the home improvement retailer's stock worth $2,329,237,000 after purchasing an additional 2,050,089 shares during the last quarter. Pershing Square Capital Management L.P. lifted its stake in Lowe's Companies by 1.6% in the third quarter. Pershing Square Capital Management L.P. now owns 10,374,801 shares of the home improvement retailer's stock valued at $1,948,491,000 after acquiring an additional 167,495 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its stake in Lowe's Companies by 13.0% in the third quarter. Massachusetts Financial Services Co. MA now owns 7,916,354 shares of the home improvement retailer's stock valued at $1,486,770,000 after acquiring an additional 912,518 shares during the last quarter. Norges Bank acquired a new stake in Lowe's Companies in the fourth quarter valued at $1,461,267,000. Finally, Moneta Group Investment Advisors LLC lifted its stake in Lowe's Companies by 107,710.7% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 5,080,039 shares of the home improvement retailer's stock valued at $1,012,147,000 after acquiring an additional 5,075,327 shares during the last quarter. Institutional investors and hedge funds own 72.62% of the company's stock.

Insider Transactions at Lowe's Companies

In related news, EVP Donald Frieson sold 9,411 shares of the stock in a transaction on Wednesday, March 15th. The shares were sold at an average price of $197.00, for a total transaction of $1,853,967.00. Following the completion of the transaction, the executive vice president now owns 17,888 shares in the company, valued at $3,523,936. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.24% of the stock is owned by insiders.

Lowe's Companies Company Profile

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Lowe's Cos., Inc engages in the retail sale of home improvement products. The firm offers products for maintenance, repair, remodeling, home decorating and property maintenance. It also provides home improvement products in the following categories: appliances, bathroom, building supply, electrical, flooring, hardware, paint, kitchen, plumbing, lighting & fans, outdoor living, windows and doors.

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