Lowe's Companies, Inc.(纽约证券交易所代码:LOW)获得经纪公司的平均 “持有” 评级

Lowe's Companies, Inc.(纽约证券交易所代码:LOW)获得经纪公司的平均 “持有” 评级
2023年04月10日 17:33 富途牛牛综合

Lowe's Companies, Inc. (NYSE:LOW – Get Rating) has earned an average recommendation of "Hold" from the thirty-one research firms that are presently covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation, ten have given a hold recommendation and nine have assigned a buy recommendation to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $223.85.

A number of equities research analysts have recently issued reports on the stock. Roth Capital reaffirmed a "neutral" rating on shares of Lowe's Companies in a report on Wednesday, March 1st. Barclays began coverage on shares of Lowe's Companies in a report on Tuesday, February 7th. They issued an "equal weight" rating and a $215.00 price objective on the stock. StockNews.com raised shares of Lowe's Companies from a "hold" rating to a "buy" rating in a report on Wednesday, March 29th. Evercore ISI lowered their price target on shares of Lowe's Companies to $225.00 in a report on Monday, December 12th. Finally, Telsey Advisory Group reduced their price objective on Lowe's Companies from $250.00 to $235.00 and set an "outperform" rating for the company in a report on Thursday, March 2nd.

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Insider Activity at Lowe's Companies

In other Lowe's Companies news, EVP Donald Frieson sold 9,411 shares of the business's 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 sale, the executive vice president now owns 17,888 shares of the company's stock, valued at $3,523,936. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.24% of the stock is owned by insiders.

Institutional Trading of Lowe's Companies

A number of hedge funds have recently made changes to their positions in the company. Allworth Financial LP grew its holdings in Lowe's Companies by 13.0% during the 3rd quarter. Allworth Financial LP now owns 11,173 shares of the home improvement retailer's stock worth $2,098,000 after acquiring an additional 1,283 shares during the last quarter. Financial Strategies Group Inc. raised its position in Lowe's Companies by 26.2% during the 3rd quarter. Financial Strategies Group Inc. now owns 5,916 shares of the home improvement retailer's stock worth $1,111,000 after purchasing an additional 1,229 shares during the last quarter. New Millennium Group LLC bought a new position in Lowe's Companies during the 2nd quarter worth $47,000. PFS Investments Inc. lifted its holdings in Lowe's Companies by 6.8% during the 3rd quarter. PFS Investments Inc. now owns 11,740 shares of the home improvement retailer's stock worth $2,205,000 after buying an additional 746 shares during the period. Finally, Jacobs Levy Equity Management Inc. increased its stake in shares of Lowe's Companies by 6.5% in the third quarter. Jacobs Levy Equity Management Inc. now owns 42,759 shares of the home improvement retailer's stock valued at $8,031,000 after buying an additional 2,592 shares during the period. 72.62% of the stock is owned by institutional investors and hedge funds.

Lowe's Companies Stock Down 0.4 %

Shares of LOW stock opened at $198.57 on Monday. The company has a market capitalization of $118.42 billion, a price-to-earnings ratio of 19.84, a P/E/G ratio of 1.14 and a beta of 1.09. Lowe's Companies has a 12-month low of $170.12 and a 12-month high of $223.31. The firm has a fifty day moving average of $202.62 and a 200-day moving average of $201.06.

Lowe's Companies (NYSE:LOW – Get Rating) last issued its quarterly earnings results on Wednesday, March 1st. The home improvement retailer reported $2.28 EPS for the quarter, beating analysts' consensus estimates of $2.21 by $0.07. The company had revenue of $22.40 billion for the quarter, compared to analyst estimates of $22.71 billion. Lowe's Companies had a negative return on equity of 82.30% and a net margin of 6.63%. The company's quarterly revenue was up 5.0% compared to the same quarter last year. During the same period in the previous year, the company posted $1.78 earnings per share. On average, equities analysts expect that Lowe's Companies will post 13.84 EPS for the current year.

Lowe's Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 10th. Investors of record on Wednesday, April 26th will be given a dividend of $1.05 per share. This represents a $4.20 dividend on an annualized basis and a yield of 2.12%. The ex-dividend date is Tuesday, April 25th. Lowe's Companies's dividend payout ratio is 41.96%.

About Lowe's Companies

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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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